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508 Kenilworth Detroit, MI 48202
4 Beds
4 Baths
3,900 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Colonial
Listing Status Active
Purchase Type For Sale
Square Footage 3,900 sqft
Price per Sqft $115
MLS Listing ID 20251051799
Style Colonial
Bedrooms 4
Full Baths 4
Year Built 1911
Annual Tax Amount $1,350
Lot Dimensions 120x120
Property Sub-Type Colonial
Source Realcomp II Ltd
Property Description
Welcome to 508 Kenilworth Street, a fully occupied fourplex located in the heart of Detroit's North End - the city's most exciting and rapidly developing neighborhood, part of the highly sought-after 48202 zip code. Each of the four units features 2 bedrooms and 1 full bath, all currently leased month-to-month at $1,000 per unit, generating a strong $4,000 monthly gross income. This well-maintained property offers both immediate cash flow and long-term appreciation potential in one of Detroit's premier redevelopment corridors.
The North End is quickly becoming one of Detroit's most desirable areas, fueled by major nearby investment including the $2.2 billion redevelopment project transforming the city's core. Residents enjoy quick access to Midtown, New Center, and Downtown Detroit, all just minutes away. The property is conveniently close to major landmarks such as the Fisher Building, Henry Ford Hospital, Detroit Medical Center, and Wayne State University, as well as numerous dining, shopping, and entertainment options. Outdoor enthusiasts will appreciate the proximity to Gordon Park and other neighborhood green spaces, while commuters benefit from easy connections to Woodward Avenue and I-75.
This location combines strong rental demand with a deep sense of community and ongoing revitalization. The North End is rich in history, creativity, and culture, home to local art studios, neighborhood cafes, and new businesses fueling Detroit's urban renaissance. The area's central location and infrastructure improvements continue to attract new residents and investors alike, ensuring sustained property value growth.
With 100% occupancy, month-to-month leases, and room for rental increases, 508 Kenilworth represents an exceptional turnkey investment opportunity. Add this income-producing asset to your portfolio today and secure a prime property in a booming Detroit market.
Location
State MI
County Wayne
Area Wayne
Zoning Multi-Family
Direction East Of Woodward. North Of Holbrook
Rooms
Basement Unfinished
Interior
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Exterior
Road Frontage Paved
Garage no
Private Pool No
Building
Foundation Basement
Sewer Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Colonial
Level or Stories 2 Story
Structure Type Brick
Schools
School District Detroit
Others
Pets Allowed No
Tax ID W03I002600S001
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Cash,Conventional,FHA
