551 Englewood Street
Detroit, MI, 48202
$250,000
4 Beds
2.5 Baths
1,912 SqFt
0.09 Acres
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$250,000
551 Englewood Street
Detroit, MI, 48202
MLS #20261056877 image #0
This extensively renovated 4-bedroom, 2.5-bath Colonial is currently tenant occupied under an active lease of $2,100 per month ($25,200 annually), offering investors an exceptional opportunity to acquire a high-quality investment property. The property underwent a comprehensive renovation in 2025 featuring a beautifully updated chef’s kitchen, remodeled bathrooms, luxury flooring, recessed lighting, new siding, new windows, a new roof, a two-zone furnace system, and numerous additional improvements throughout. Offering approximately 1,712 square feet above grade plus a partially finished basement, this well-appointed home combines excellent long-term investment potential with a prime location just minutes from Midtown and Downtown Detroit. The current tenant is on an agreed-upon repayment plan for prior rent arrearages, with ownership actively collecting under the terms of that agreement. Photos shown were taken prior to the current tenant’s occupancy. Tenant occupied—please do not approach or disturb the tenant. Showings are reserved for parties with an accepted offer only. This property is one of 20 investment properties offered individually or as part of a portfolio acquisition. Sellers are willing to complete the portfolio transaction through an entity sale, providing a streamlined acquisition process and potential tax and operational advantages. Buyers are encouraged to consult with their legal and tax advisors regarding the benefits of an entity acquisition. Buyer and Buyer’s Agent to verify all information.

Property Details

Price:
$250,000
MLS #:
20261056877
Status:
Active
Beds:
4
Baths:
2.5
Type:
Single Family
Subtype:
Single Family Residence
Listed Date:
Jul 27, 2026
Finished Sq Ft:
1,912
Total Sq Ft:
1,712
Lot Size:
3,920 sqft / 0.09 acres (approx)
Year Built:
1912
Detroit

Schools

School District:
Detroit

Interior

Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Heating
Forced Air
Interior Features
Basement Partially Finished

Exterior

Construction Materials
Vinyl Siding
Exterior Features
Fenced Back, Porch(es)
Roof
Asphalt
Stories
2

Financial

Taxes
$1,756
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Current real estate data for Single Family in Detroit as of Sep 18, 2026
3,995
Single Family Listed
131
Avg DOM
84
Avg $ / SqFt
$151,048
Avg List Price

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Property Summary

    551 Englewood Street Detroit MI is a Single Family for sale in Detroit, MI, 48202. It is listed for $250,000 and features 4 beds, 3 baths, and has approximately 1,912 square feet of living space, and was originally constructed in 1912. The current price per square foot is $131. The average price per square foot for Single Family listings in Detroit is $84. The average listing price for Single Family in Detroit is $151,048.
551 Englewood Street
Detroit, MI

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