For Sale27d on marketHistoric · 102 yrs
3235 Monterey St
Detroit, MI, 48206 • Dexter-Linwood • Wayne County
$330,000
$93/sqft
Down payment assistance available
8Beds
4Baths
3,538Sqft
0.14 acLot
1924Built
Property DNA
Quadruplex Style
Built 1924 · 102 years of history
LINWOOD HEIGHTS
Dexter-Linwood
This home is getting attention
Listed 27 days ago · 700 views · 70 saves
Market activity
Demand and pricing signals for this listing
700 views
People checking out this listing
70 saves
Buyers have saved this home
27 days on market
Recently listed
$93/sqft
Price per square foot
Selling Soon Prediction
ModerateThis home ranks in the top 43% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Multi Family · Built 1924 · Historic
Turnkey investment opportunity located in the highly sought-after Boston-Edison Historic District. This newly renovated property is fully leased and generating $4,200 per month in rental income, making it an excellent addition to any investor’s portfolio. The property has been thoughtfully updated throughout, offering modern improvements while complementing the character of the surrounding historic neighborhood. Positioned in one of the most desirable and rapidly revitalizing areas of Detroit, the location provides convenient access to major employment centers and popular local attractions. Nearby amenities include the iconic Motown Museum, Henry Ford Hospital, and the shops, dining, and entertainment along the Woodward Avenue corridor. Surrounded by beautiful historic architecture, tree-lined streets, and continued neighborhood investment, the area continues to attract strong tenant demand. With stable income already in place and a prime location in one of Detroit’s most notable historic districts, this property presents a compelling opportunity for investors seeking both cash flow and long-term appreciation.
Standout features identified
Our analysis highlights thoughtfully updated throughout, tree-lined streets, and modern improvements as key attractions of this home.
Estimated monthly payment
Based on current rates
$2,070/month
Principal & Interest$1,630
Property Tax$330
Insurance$110
Down payment20% ($66,000)
3%50%
Est. 6.28% rate · 30yr fixed · $264,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1924
HeatingForced Air, Natural Gas
ParkingNo Data
Days on Zillow27 Days
Price/sqft$93
Property
Home typeMulti Family
Sub-typeMulti Family
StyleQuadruplex
Year built1924
Stories2
Systems
HeatingForced Air, Natural Gas
ConstructionBrick
Water / SewerPublic / Public Sewer
Parking & Outdoor
BasementUnfinished
Lot6,098 sqft
Location & Tax
NeighborhoodDexter-Linwood
Annual tax$4,403
Parcel12003680
Bathrooms & Fees
Full baths3
Features & details
3 categories of property features
Interior Features
Heating
Forced Air
Natural Gas
Exterior Features
Construction
Brick
Pool Features
None
Listing insights
Market data and value estimates
StatusFor Sale
Days on market27
Est. value$317,800
Est. rent$1,243/mo
Tax rate1.83%
Price/sqft$93
On marketMar 11, 2026
PostedMar 11, 2026
Last sold$225,000
MLS updatedMar 11, 2026
Tour days9
Views700
Favorites70
How are the schools in Detroit?
2 schools rated nearby
Location
Detroit, MI, 48206
Price history
6 events
DateEventPrice$/sqftSource
Mar 11, 2026Listed For Sale$330,000$93Realcomp II
Jan 1, 2026Listing Removed$345,000$98Realcomp II
Nov 6, 2025Price Change$345,000$98Realcomp II
Sep 14, 2025Listed For Sale$350,000$99Realcomp II
Mar 10, 2023Sold$225,000$64Public Record
Jan 11, 2023Sold$125,000$35Public Record
Listed For Sale$330,000
Mar 11, 2026•$93/sqft•Realcomp II
Listing Removed$345,000
Jan 1, 2026•$98/sqft•Realcomp II
Price Change$345,000
Nov 6, 2025•$98/sqft•Realcomp II
Listed For Sale$350,000
Sep 14, 2025•$99/sqft•Realcomp II
Sold$225,000
Mar 10, 2023•$64/sqft•Public Record
Sold$125,000
Jan 11, 2023•$35/sqft•Public Record
Tax history
18 years of records
YearTax paidAssessed value
Apr 8, 2025—$32,300
Apr 8, 2024—$25,800
Apr 8, 2023—$21,400
Apr 8, 2022—$17,400
Apr 8, 2021—$16,100
Apr 8, 2020$861$16,100
Apr 8, 2019$1,594$15,200
Apr 8, 2018$1,594$14,500
Apr 8, 2017—$14,900
Apr 8, 2016$1,527$35,000
Apr 8, 2015$1,527$15,800
Apr 8, 2013$1,607$21,981
Apr 8, 2010$1,527$31,495
Apr 8, 2009—$35,790
Apr 8, 2008—$39,989
Apr 8, 2007—$39,989
Apr 8, 2005$161$37,904
Apr 8, 2004—$36,800
Nearby homes
Neighborhood details
Local context around this listing
Detroit, MI • Wayne County
Nearby neighborhoods
BagleyBarton-McFarlandBrightmoorClaytownFranklin ParkHerman GardensMorningsideSouthwest DetroitSpringwellsWarrendale
Nearby cities
CantonDearbornDearborn HeightsDetroitLincoln ParkLivoniaNorthvilleRedford
Nearby zip codes
48205482124821948221482244822748228482344823548239
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