3737 Scovel Place, Detroit, MI 48208 (MLS# 24029554)

3737 Scovel Place, Detroit, MI 48208

$900,000

Property Type: Multi Family Lot Size (sq. ft.): 6,534 Status: Active

Current Price: $900,000 List Date: 4/21/2025 Last Modified: 9/03/2025

Overview

Description

Great investment opportunity! Newly updated 20 unit occupied apartment building with leases in place in a convenient location. Find your way downtown in less 10 minutes or to midtown in just 5 minutes!The building comes with ample parking in an attached concrete lot directly next to building. The entire building has been rental certified and has passed lead inspection by the city of Detroit. There are 10 one bedroom units and 10 studio units. The majority of all units have newer flooring, paint, and lighting. All unit doors have are equipped steel doors with keyless/digital entry as well as deadbolt locks. All units have their own electric meter along with heating and cooling units. Each unit is separately metered. All tenant pay thier own electric bills. All one bedroom units have new

Supplements: furnaces and AC units. Each studio units have new mini-split systems that have heat and AC. The majority of the plumbing stacks have been replaced. The front door has new hinges and locking mechanism, the back door is an all new steel door. The roof was aluminum seal coated in 2016. The hot water tank was replaced for the entire building in 2016. T ... (Read more)

Listing Details MLS# 24029554

Location Property Info

County: Wayne
Street #: 3737
Street Name: Scovel
Suffix: Place
State: MI
Zip Code: 48208

General Property Info

Lot Measurement: Acres
Lot Square Footage: 6534
Lot Acres: 0.15
Lot Dimensions: 45.00X140.00
Year Built: 1927
New Construction: No
Road Frontage: 20
Total # Units: 20
# of Diff Unit Floor Plans: 2
Total # Bldgs: Yes
Total Parking Spaces: 12
Waterfront: No
School District: Detroit
Basement: Yes

Tax Info

Tax ID #: 12009873.
Taxable Value: 147487
SEV: 289400
For Tax Year: 2023
Seller's Annual Property Tax: 12844
Tax Year: 2023
Spec Assessment & Ty: none
Homestead %: 0

Remarks Misc

Directions: From the I-96 go west on West Grand Blvd, turn south on Scovel Place, the property is one the right side of the street

Waterfront Options

Water Access Y/N: No

More Information

Access Feat

Accessibility Features: No

Unit 1

Unit Description: Studio
Identical Units: 10
Bathrooms: Yes
Full Baths: Yes

Unit 2

Unit Description: 1 Bed
Identical Units: 10
Bathrooms: Yes
Full Baths: Yes

Location & Property Info

Cross Streets: S of I96 N of I94
Property Sub-Type: 5+ Units
Area: Wayne County - 100
Municipality: Detroit City

Office/Contract Info

Auction or For Sale: For Sale

Remarks & Misc

Public Remarks: Great investment opportunity! Newly updated 20 unit occupied apartment building with leases in place in a convenient location. Find your way downtown in less 10 minutes or to midtown in just 5 minutes!The building comes with ample parking in an attached concrete lot directly next to building. The entire building has been rental certified and has passed lead inspection by the city of Detroit. There are 10 one bedroom units and 10 studio units. The majority of all units have newer flooring, paint, and lighting. All unit doors have are equipped steel doors with keyless/digital entry as well as deadbolt locks. All units have their own electric meter along with heating and cooling units. Each unit is separately metered. All tenant pay thier own electric bills. All one bedroom units have new
Legal: S SCOVEL PLACE 5 E 1/2 4 MC LAUGHLINS SUB L22 P53 PLATS, W C R 12/106 45 X 140.18

Street Type

Paved: Yes

Util Avail at Street

Natural Gas Available: Yes

Utilities Attached

Natural Gas Connected: Yes

Sewer

Public Sewer: Yes

Water

Public Water: Yes

Terms Available

Cash: Yes
Conventional: Yes

Laundry Features

None: Yes

Exterior Material

Brick: Yes

Roofing

Rubber: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

None: Yes

Heat Type

Radiant: Yes

Tenant Pays

Electric: Yes
Gas: Yes

Substructure

Full: Yes

Owner Pays

Trash Collection: Yes

Possession

Subject To Tenant Rights: Yes

Property Features

Laundry Features: None Exterior Material: Brick Roofing: Rubber Substructure: Full Sewer: Public Sewer Water: Public Water Utilities Attached: Natural Gas Connected Util Avail at Street: Natural Gas Available Owner Pays: Trash Collection Tenant Pays: Electric; Gas Heat Source: Natural Gas Heat Type: Radiant Street Type: Paved Terms Available: Cash; Conventional Possession: Subject To Tenant Rights Sale Conditions: None

Listing Office: Golden Key Real Estate LLC

Listing Agent: Ryan Heward

Last Updated: September - 03 - 2025

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