4500 Cadieux Road
Detroit, MI 48224
Single Family Residence · MLS # 20261092046 · Listing courtesy of Rondo Investment LLC
About this home
Excellent investment opportunity! This property features a long-term tenant who pays all utilities, helping keep ownership expenses manageable. Additional highlights include a basement, spacious yard and detached garage. Located just down the street from many restaurants, shops and Messmer playground. The perfect opportunity for investors looking to add to their rental portfolio. Showings upon accepted offer and POF. Please do not disturb tenant. BATVAI.
Interior
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Detroit
Over the last 90 days, 1,214 homes sold in Detroit for a median of $99,950, about $71 per square foot, and the typical one went under contract in 29 days. This home is listed at $125,000, or $141 per square foot, 99% above the city median, and has been on the market 1 day. 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 $1,861 a year. A buyer who lives here would pay about $3,669 to $4,052 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
Similar homes in Detroit
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