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551 Englewood Street
Detroit MI 48202 US

$250,000

Active Listing ID 20261056877
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4 bed
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3.00 Bath (2 Full , 1 Half)
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Lot: 0.09 Acres
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Other

$250,000

Active Listing ID 20261056877
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551 Englewood Street 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.

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Property Features

  • Facts
  • Lot Size: 0.09 Acres
  • Property Type: Residential
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 2
  • 1/2 Bathrooms: 1
  • Exterior Finish: Fenced
  • Roof Type: Asphalt
  • Heating Fuels: Forced Air

Property

  • propertytype: Residential
  • propertysubtype: Other
  • listprice: 250000
  • unparsedaddress: 551 Englewood Street
  • postalcity: Detroit
  • stateorprovince: MI
  • country: US
  • postalcode: 48202
  • bathroomsfull: 2
  • bathroomshalf: 1
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.09
  • lotsizeunits: Acres
  • lotsizearea: 0.09
  • livingarea: 1712
  • livingareaunits: Square Feet
  • latitude: 42.394715
  • longitude: -83.081074
  • listagentfullname: Jay Naim
  • listagentemail: jaynaimrealtor@gmail.com
  • listagentkey: 3yd-REALCOMPMI-426431
  • listagentmlsid: 426431
  • listagentpreferredphone: 3135716581
  • listagentofficephone: 3135716581
  • listofficekey: 3yd-REALCOMPMI-375382
  • listofficemlsid: 375382
  • disclaimer: Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: REALCOMPMI
  • yearbuilt: 1912
  • listingcontractdate: 2026-07-27
  • countyorparish: Wayne
  • parcelnumber: W03I002915S
  • elementaryschooldistrict: Detroit
  • middleorjuniorschooldistrict: Detroit
  • highschooldistrict: Detroit
  • constructionmaterials: Vinyl
  • heating: Forced Air
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • roof: Asphalt
  • waterfrontyn: False
  • franchiseaffiliation: None
  • exteriorfeatures: Fenced
  • architecturalstyle: Colonial
  • rooms: Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 3, Basement, Bedroom 4, Bedroom 2
  • speciallistingconditions: Standard
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • fencing: Fenced
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -83.08108, 42.394714
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"eXp Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"jaynaimrealtor@gmail.com", "ListBrokerageCity":"Royal Oak", "ListBrokerageCountry":"US", "ListBrokerageEmail":"edward.hudson@exprealty.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/151/264087/20140423200110529.png", "ListBrokerageName":"eXp Realty", "ListBrokeragePhone":"(888) 501-7085", "ListBrokeragePostalCode":"48067", "ListBrokerageStateOrProvince":"MI", "ListBrokerageUnitNumber":"Suite 105b", "ListBrokerageUnparsedAddress":"811 N. Main St.", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"39555 Orchard Hill Place Ste 600 ", "ListOfficeAddress2":"Suite 105b", "ListOfficeBrokerMlsId":"375382", "ListOfficeCity":"Novi", "ListOfficeCountry":"US", "ListOfficeEmail":"mi.broker@exprealty.net", "ListOfficePostalCode":"48375", "ListOfficeStateOrProvince":"MI", "ListPriceCurrencyType":"USD", "ListingTitle":"SINGLE_FAMILY - Colonial - Detroit, MI", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/551-Englewood-St_Detroit_MI_48202_M48428-15780?f=listhub&s=REALCOMPMI&m=20261056877&c=rexren", "MLSModificationTimestamp":"2026-07-27 10:24:20", "Neighborhoods":[{"Description":null, "Name":"Hunt & Leggetts Sub S 1/2 Of N 1/2 Of 1/4 Sec 24"}], "PostalCode":null, "RoomCount":7, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":1756, "TaxDescription":"PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2024. N ENGLEWOOD 393 HUNT & LEGGETTS L11 P3 PLATS, W C R 3/123 30 X 122.75", "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/1/2020 12:00:00 AM GMT
Source Updated Date: 8/5/2026 12:36:28 PM GMT

Courtesy of: Jay Naim, EXP Realty Main, jaynaimrealtor@gmail.com

Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.