8343 American Street
Detroit, MI 48204
Map
- – beds
- 2 baths
- 2,268 sqft
- 3,920 sqft lot
- $68 per sqft
- 1926 build
- – on site
National Real Estate Management Group is excited to announce your next investment opportunity: a well-maintained, four-bedroom, two-bathroom duplex in turnkey condition. This multi-family home is perfectly positioned near a local elementary school, making it especially attractive to long-term tenants. Currently rented through Section 8, this property yields a strong 1.6% monthly return and an impressive 19% annual ROI—making it an ideal choice for both new and seasoned investors. Don’t miss this excellent opportunity to expand your property portfolio with a reliable, income-generating asset in a high-demand rental area. At National Real Estate Management Group, our listings come with built-in property management for seamless, turnkey investments. Our full-service approach covers everything from construction completion to tenant placement and ongoing management. Services include comprehensive property management, tenant screening, financial reporting, legal compliance, and streamlined communication. Choose National Real Estate Management Group for a worry-free investment experience.
Last checked:
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Last updated Jul 3, 2025
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MLS# 20251008113 —
The Building
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Year Built:1926
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New Construction:false
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Construction Materials:AluminumSiding, Brick
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Architectural Style:Bungalow
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Levels:Two
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Basement:Full, PartiallyFinished
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Basement:true
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Foundation Details:Basement, Block
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Above Grade Finished Area:1764.0
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Below Grade Total Area:1008
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Below Grade Finished Area:504.0
Interior
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Fireplace:false
Room Dimensions
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Living Area:2268.0
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Living Area Source:Appraiser
Location
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Directions:Livernois to American
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Cross Street:Livernois and American
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Latitude:42.356148
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Longitude:-83.144432
The Property
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Parcel Number:16024421
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Property Type:ResidentialIncome
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Property Subtype:MultiFamily
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Lot Size Acres:0.09
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Lot Size Dimensions:35X109
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Lot Size Units:Acres
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Zoning Description:Residential
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Road Frontage Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (313) 763-0323
- Office phone:
- (313) 763-0323
Taxes
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Tax Legal Description:W AMERICAN 208 FRISCHKORNS TIREMAN PARK SUB L34 P43 PLATS, W C R 16/225 35 X 109
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Tax Assessed Value:14121
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Tax Annual Amount:2897.0
Baths
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Total Baths:2
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Full Baths:2
Heating & Cooling
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Heating:ForcedAir, NaturalGas
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Heating:true
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Cooling:false
Utilities
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Sewer:PublicSewer
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Water Source:Public
Schools
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High School District:Detroit
The Community
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Subdivision Name:FRISCHKORNS TIREMAN PARK
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Senior Community:false
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Pool Features:None
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Waterfront:false
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Pets Allowed:Call
Parking
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Garage:false
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Attached Garage:false
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Parking Features:Garage
IDX provided courtesy of Realcomp II Ltd., via Estately and Realcomp II Ltd, © 2025 Realcomp II Ltd. Shareholders
Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® broker Darren Yearsley #6505374810.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
IDX provided courtesy of Realcomp II Ltd. via Estately Inc. and REALCOMP. ©2025 Realcomp II Ltd. Shareholders.
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
7/2/25
Jul 2, 2025
|
Listed / Active | REALCOMP | $155,000 | 63.2% (60.1% / YR) |
|
6/14/24
Jun 14, 2024
|
REALCOMP | $95,000 |
