Price Reduction
Address
2460 Canton Street, Detroit, MI
Price
$ 255,000
Property Attributes
  • ID#60992668
  • TypeMulti-Family
  • Listing Status Active
  • CountyWAYNE
  • CityDetroit
  • AreaDetroit
  • NeighborhoodTeffts Sub
  • Zip482 073
  • Style
  • Year Built1911
  • Taxes$ 732
  • Price$ 255,000
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms1
  • Sqr Footage2662
  • Lot Size0.08 Acres
Data Source:
Bay County REALTOR® Association
Property Description

2460-64 Canton - Turnkey Multifamily Investment Opportunity Don't miss this excellent income-producing duplex offering strong cash flow and great rental potential. This well-maintained multifamily property features private entrances for each unit, providing added comfort and privacy for tenants. The upper unit offers 2 spacious bedrooms and 1 full bathroom, while the lower unit features 3 bedrooms and 1.5 bathrooms with plenty of living space. The property also includes a basement currently tenant occupied, generating additional monthly rental income. Current rental income is approximately $1,250 per month per unit , producing an estimated annual income of $30,000. A great opportunity for investors looking to expand their portfolio or owner-occupants seeking supplemental income. Conveniently located near shopping, dining, schools, and major freeways. Strong income potential with room for future upside. 24-hour notice required for all showings. Must contact listing agent directly to schedule an appointment.

Price History
5/13/2026 Listed $300,000
7/16/2026 9$275,000
8/6/2026 6$260,000
8/28/2026 2$255,000

General Features

Heating Forced Air
Possession Negotiable (Possession)
Water Public Water
Full Baths 2
Half Baths 1
Bathrooms 3
Year Built 1911
Subdivision Teffts Sub
County Wayne
Class MULTIFAMILY
Type Multi-Family
Ownership Private
Associated Document Count 4
Status Active
Zoning Multi-Family
Subdivision MI
Sale/Rent For Sale
Structure Style 2 Story
Subj to Short Sale Apprvl No
Primary City Detroit
Directions West Van Dyke St,N of East Vernor
City Detroit
School District Detroit City School District
Lease Y/N Yes
Originating MLS RealComp
Financial Terms Cash,Conventional
Legal Description E CANTON N 10 FT 144 S 25 FT 143 TEFFTS SUB L24 P72 PLATS,WCR 15/114 35 X 104A
DOM 130
Postal Code 48207
Price Per Sq Ft Total AG 95.79
Public Remarks 2460-64 Canton - Turnkey Multifamily Investment Opportunity Don't miss this excellent income-producing duplex offering strong cash flow and great rental potential. This well-maintained multifamily pr

Interior Features

Basement Block,Partially Finished
Fireplace? No
Total Number of Units 2
Basement Y/N No
Fuel Type Natural Gas

Exterior Features

Exterior Vinyl Siding
Lot Size Area 0.08
Lot Dimensions 35X104
Roads Paved Street
FOUNDATION TYPE Basement
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 482 073

Price
AVG $270K
$260K
Taxes
AVG $3,760
$732
Year Built
AVG 1914
1911
Visits
AVG 2
3
Data Provided by Inside Real Estate®

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