4115 Montgomery Street

About this home

CALLING ALL INVESTORS! This is an exceptional opportunity to expand your portfolio with a package of tenant-occupied properties, all offered for sale together. The portfolio currently generates $21,792 in monthly rental income, totaling $261,504 annually, providing an immediate income-producing investment. Of the 16 properties, 14 have been renovated between 2023 and 2025, offering updated properties and minimizing the need for immediate renovation work. The package includes one duplex and 15 single-family homes, providing a diverse mix of income-producing residential properties. Whether you're looking to expand an existing rental portfolio or acquire a substantial collection of income-producing properties, this package offers an opportunity to add significant scale in one transaction. See attached documents for additional property details, rental information, and portfolio specifics. ***Photos shown are representative examples of properties within the portfolio featuring renovations. ***

Interior

Systems and utilities

Exterior and lot

Taxes, HOA and more

Schools

How it compares in Detroit

Over the last 90 days, 1,207 homes sold in Detroit for a median of $99,900, about $71 per square foot, and the typical one went under contract in 29 days. This home is listed at $2,240,000, or $1,884 per square foot, 2554% above the city median, and has been on the market 29 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Detroit sales or ask us for the comparable sales on this one.

Property taxes for a new owner

The current owner pays about $5,930 a year. A buyer who lives here would pay about $3,468 to $72,605 a year once the taxable value resets after the sale, at the 2025 homestead rate of 64.18 mills for Detroit City and Detroit schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.

Monthly payment estimate

Estimate only, 30 year fixed, includes taxes at a new owner's rate when listed. Ask us for a lender quote.

Location

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