For Sale Active

508 - 506 Kenilworth Map / directions

Detroit, MI

48202 Market info

  • 4 Units
  • 3,900 SqFt
  • MLS# 20261035937
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Fantastic Investment Opportunity in Detroit's Fastest-Growing Zip Code! PLEASE DO NOT DISTURB THE TENANTS! Welcome to 508 Kenilworth Street, a fully occupied fourplex located in the heart of Detroit's North End - the city's most exciting and rapidly developing neighborhood, part of the highly sought-after 48202 zip code. Each of the four units features 2 bedrooms and 1 full bath, all currently leased month to month. The cap rate for the market rent and area is 12% ROI. This well maintained property offers both immediate cash flow and long-term appreciation potential in one of Detroit's premier redevelopment corridors. The North End is quickly becoming one of Detroit's most desirable areas, fueled by major nearby investment including the $2.2 billion redevelopment project transforming the city's core. Residents enjoy quick access to Midtown, New Center, and Downtown Detroit, all just minutes away. The property is conveniently close to major landmarks such as the Fisher Building, Henry Ford Hospital, Detroit Medical Center, and Wayne State University, as well as numerous dining, shopping, and entertainment options. Outdoor enthusiasts will appreciate the proximity to Gordon Park and other neighborhood green spaces, while commuters benefit from easy connections to Woodward Avenue and I-75. This location combines strong rental demand with a deep sense of community and ongoing revitalization. The North End is rich in history, creativity, and culture, home to local art studios, neighborhood cafes, and new businesses fueling Detroit's urban renaissance. The area's central location and infrastructure improvements continue to attract new residents and investors alike, ensuring sustained property value growth. With 100% occupancy, month-to-month leases, and room for rental increases, 508 Kenilworth represents an exceptional turnkey investment opportunity. Add this income-producing asset to your portfolio today and secure a prime property in a booming Detroit market.

Property Information

Status
Active 
Address
508 - 506 Kenilworth 
City
Detroit 
Zip
48202 
Year Built
1911 
Style
Colonial 
Possession
At Close 
Architecture
Two 
Listing Date
05/18/2026 
List Price
$370,000
County
Wayne 
Total Lower SqFt
1,640 
Above Grade SqFt
3,900 
Total No of Units

School Information

School District
Detroit 

Taxes

Summer Taxes
$1,100 
Winter Taxes
$250 

Rooms and Land

Lot Dimensions
120x120 

Features

Style
Colonial 
Basement
Unfinished 
Heating
ForcedAir, NaturalGas 

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  • Property History
Property History
MLS Number Status Activity Date List Price Sold Price DOM
20261035937 Jul 14 2026 3:35PM $370,000
20261035937 Jun 2 2026 8:05PM $400,000
20261035937 Active May 18 2026 4:37PM $425,000 63
20251051799 Canceled Jan 29 2026 4:06PM
20251051799 Dec 10 2025 8:05AM $425,000
20251051799 Active Nov 5 2025 2:36PM $450,000 85

Learn More About This Listing

By proceeding, you consent to receive calls, emails, and texts from Max Broock and others about your inquiry and other home-related matters, but not as a condition of any purchase. To opt-out, you can reply 'stop' to texts or click the unsubscribe link in the emails. Msg/data rates may apply. View Privacy Policy.

Listing Broker

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Listing Courtesy of Max Broock
Office Address 3633 Woodward Ave.