For more information regarding the value of a property, please contact us for a free consultation.
19970 Stratford RD Detroit, MI 48221
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Sold
Purchase Type For Sale
Square Footage 2,431 sqft
Price per Sqft $98
Subdivision Woodward
MLS Listing ID 20261027321
Sold Date 09/18/26
Style Colonial
Full Baths 2
Year Built 1934
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type MultiFamily
Property Description
Strong investment opportunity in the heart of Palmer Park, one of Detroit's most established and walkable neighborhoods. This duplex is already producing $2,000 a month in income, with the top unit leased at $1,500 and a separate basement bedroom rented at $500, while the lower unit sits vacant and ready for its next owner or tenant. That open unit makes the property an ideal house-hack setup, where a buyer can move into their own space and let the existing tenants help carry the mortgage from day one, or a turnkey play for an investor who simply wants to fill the vacancy at market rent and run the building as pure cash flow. With roughly 2,931 square feet of living space, a shared driveway, and a private rear parking lot that tenants consistently appreciate, the layout fits the way people actually want to live in this part of the city. Step outside and Palmer Park is right there with its hiking and biking trails, tennis courts, and 18-hole golf course, and you are just minutes from the University of Detroit Mercy, Marygrove College, Henry Ford Hospital, and the shopping and dining along Woodward Avenue and McNichols Road. Recent comparable duplex sales in the immediate area have been pricing in the mid three hundreds with 3-bedroom units leasing in the upper $1,600s, pointing to real upside on both rents and long-term value. Whether you are a seasoned investor expanding your portfolio or a first-time buyer breaking into the market the smart way, properties like this do not stay available long in Palmer Park.
Location
State MI
County Wayne
Area Area05041Det68Grflddequindre
Rooms
Basement Partially Finished
Interior
Heating Forced Air, Natural Gas
Fireplace No
Exterior
Pool None
View Y/N No
Garage false
Building
Foundation Basement, BrickMortar
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Detroit
Others
Senior Community false
Acceptable Financing Cash, Conventional, WarrantyDeed
Listing Terms Cash, Conventional, WarrantyDeed
Special Listing Condition ShortSaleNo, Standard
Pets Allowed Call
Read Less

©2026 Realcomp II Ltd. Shareholders
Bought with Keller Williams Paint Creek
NEARBY SCHOOLS & BUSINESSES
GET MORE INFORMATION



