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$250,000

2741 Monterey St Detroit, MI 48206

2 full
4,050 sqft
0.10 acres
$62 / sqft
Multi-Family

Property details

About 2741 Monterey St

Both units are currently tenant-occupied, with tenants paying $1,400 per unit. Investor's Dream in Detroit's Thriving Community! Located in a desirable area south of Davison and west of Linwood, this spacious 2-family brick flat at 2741 Monterey Street is a unique investment opportunity you won't want to miss. Each unit offers generous living space and versatile layouts, perfect for rental income or multi-generational living. Each unit are very large and spacious totaling 1525 sq ft each with 3 bedrooms and 1 bath. The basement is divided for tenant privacy. The first-floor unit features a bright living room (16x13), a formal dining room (13x12), a kitchen with an adjoining breakfast nook (10x4), and three spacious bedrooms (13x9, 11x10, 12x10). Upstairs, the second unit mirrors this layout with a slightly larger living room (18x12), providing ample room for comfort and flexibility. Set on a 35x120 lot, this property boasts a solid brick exterior with classic Detroit architectural charm. This property is one block away from Dexter where major developments are in motion like the Dexter Streetscape, Dexter Elmhurst Community Center (n.k.a., Helen Moore Community Center) renovation and new Park, Park & Open Space Improvements (Since 2021 to Date- Zussman, Russell Woods, Nardin Park, Dexter Tree Planting), Faà §ade Improvement Projects, Dexter Mural Program and the Dexter Pop Up. Ask for the PDF doc of DEXTER AVE INVESTMENTS. Located near major roads, local schools, and minutes from the city's key attractions, 2741 Monterey Street is a promising investment for any investor looking to capitalize on Detroit's growing rental market. "This property has cameras inside and outside the premises"

Highlights

Home typeMulti Family
HeatingHot Water, Natural Gas
StatusActive
Size4,050 sqft
BasementYes
Lot size0.1 Acres
Year built1925
MLS #20251022048

Summary

  • Full Bathrooms: 2
  • Basement: Yes
  • Attached Garage: No
  • Architectural Style: Colonial
  • Heating: Hot Water, Natural Gas
  • List Price: $250,000
  • Price/SqFt: $61
  • Directions: S of Davison / W of Linwood
  • Year Built: 1925
  • Living Area: 4,050 SqFt
  • Lot Size: 0.1 Acres
  • MLS Number: 20251022048
  • MLS Name: Realcomp II Ltd
  • Office Name: EXP Realty Main
  • Office Phone: (888) 501-7085
  • Listing Agent: Sotero M Lopez II

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/30/2025, 11:45:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

We're sorry, we currently don't have tax history data for this listing.

Nearby schools

2

University Preparatory Art Design Elementary School

Public Charter KG-5

1.4 mi

10225 3rd St

1

George Washington Carver Elementary School

Public Charter PK-4

1.9 mi

14510 2nd Ave

2

Barton Elementary School

Public District KG-5

2.5 mi

8530 Joy Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $24,753. Most Detroit, MI residents have annual incomes less than $<35k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

64%
<35k
34%
35k-100k
1%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

64%
Single, No Kids
25%
Single, with Kids
8%
Married, No Kids
3%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
6%
12-17 yrs old
24%
18-34 yrs old
43%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • BurlingtonBurlington
  • H&MH&M
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Boston MarketBoston Market
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • KiaKia
  • HondaHonda
  • DodgeDodge

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 2741 Monterey St

The listing price of 2741 Monterey St property is $250,000.

The property 2741 Monterey St is a multi located in Detroit, Michigan, 48206.

Active Listing: 2741 Monterey St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 2741 Monterey St are: University Preparatory Art Design Elementary School (GreatSchools Rating 2/10), George Washington Carver Elementary School (GreatSchools Rating 1/10), Barton Elementary School (GreatSchools Rating 2/10), Durfee Elementary-Middle School (GreatSchools Rating 1/10), Hope Academy (GreatSchools Rating 2/10), New Paradigm Glazer Academy (GreatSchools Rating 4/10), Central Academy and High School (GreatSchools Rating 1/10), Joy Preparatory Academy (GreatSchools Rating 5/10), Detroit International Academy for Young Women (GreatSchools Rating 5/10).

The property 2741 Monterey St is 4,050 SqFt (source: MLS/tax record).

The year of construction for 2741 Monterey St is 1925.

This home is located at 2741 Monterey St in Detroit, MI and zip code 48206 in the Midtown neighborhood. This 4,050 square foot home, which was built in 1925, sits on a 0.10 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since July 29, 2025 and is currently priced at $250,000.

Over 79 listings were sold over their listed price in June 2025 in Detroit, MI. In the same period over 144 listings were sold below the listed price and 74 listings were sold for the listed price. In June 2025 in Detroit, MI there were 16.7% more homes for sale than in May. In June 2025, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $92,746.

From Rocket Homes Real Estate and based on county public records data.

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