MLS Public Remarks 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.
http://craigmiller.maxbroock.com/20261035937
Township Detroit
Directions East Of Woodward. North Of Holbrook
Fin Below Grd SqFt 0
Fin Non Exposed SqFt 1,640
Total Fin SqFt 3,900
Price/SqFt $95
Unfinished SqFt 0
Above Grade Finished SqFt 3,900
CDOM 63
Sub Property Type MultiFamily
Year Built 1911
Days on Market 63
Land Assessment -
Improvements $425000
Net Taxes $1350
Acreage -
Taxes -
Tax Year -
Summer Taxes $1100
School District Detroit
Winter Taxes $250
Lower Level Square Footage 0
Waterview N
Number of Units 4
Waterfront N
For Lease/Rent N
Est. Total Acres 0.0
Lot Dimensions 120x120
WaterFrontage
0
Heating ForcedAir, NaturalGas
Water Public
Basement Y
Heating ForcedAir, NaturalGas
Garage 0.0
Architecture Two
Basement details Unfinished
Sewer PublicSewer
Home Style Colonial
Possession At Close
Exterior Materials Brick
Status Change Date 05/18/2026
Listing Date 05/18/2026
Internet/IDX Y
Named Exceptions Y
Listing Office
Detroit - Max Broock Realtors
Office Address
3633 Woodward Ave.
Listing Number
20261035937
THE ACCURACY OF ALL INFORMATION, REGARDLESS OF SOURCE, IS NOT GUARANTEED OR WARRANTED. ALL INFORMATION SHOULD BE INDEPENDENTLY VERIFIED. Listings last updated: Tuesday, July 28, 2026. Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available. The data relating to real estate for sale on this web site appears in part from the IDX programs of our Multiple Listing Service. Real Estate listings held by brokerage firms other than Real Estate One include the name and address of the listing broker where available.
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