$180,000

7342 Cahalan St Detroit, MI 48209

$2,138
Closing credit¹
2 full, 1 partial
2,208 sqft
0.08 acres
$82 / sqft
Multi-Family

Property details

About 7342 Cahalan St

Live in one. Rent the others! Multi-Family Investment Gem! Don't miss this incredible investment opportunity in the heart of Southwest Detroit! This well-maintained duplex offers two spacious 3-bedroom, 1-bath units, perfect for generating rental income or accommodating multi-generational living. Featuring a brick exterior, separate gas and electric meters, a finished private basement, and a detached garage, this property is built for both comfort and convenience. Enjoy easy access to major roads, shopping, and dining while benefiting from Detroit’s growing rental market. Schedule your showing today and secure this prime investment in one of Detroit’s most sought-after neighborhoods!

Highlights

Home typeMulti Family
HeatingForced Air, Natural Gas, Separate Meters
StatusActive
Size2,208 sqft
BasementYes
Lot size0.08 Acres
Year built1925
ParkingGarage
MLS #20250014750

Summary

  • MLS Number: 20250014750
  • MLS Name: Realcomp II Ltd
  • Office Name: Real Broker LLC, KW Metro
  • Listing Agent: Nicholas M Zeoli, Ruby Pooler

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: 3/9/2025, 6:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of front facade featuring covered porch, brick siding, fence, and a balcony

$180,000

7342 Cahalan St

$2,138

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Aug 23, 2022
Home Sold
$135,000

Tax history

YearAssessmentProperty Tax
2024$66,500$1,604
2023$51,800$1,604
2022$46,600$1,604
2021$38,000$1,604
2020$33,400$1,524
2018$22,100$1,524
2017$21,700$1,517

History based on county public records data.

Nearby schools

1

Roberto Clemente Learning Academy

Public District PK-5

0.3 mi

1551 Beard St

2

Harms Elementary School

Public District PK-5

0.4 mi

2400 Central St

2

Bennett Elementary School

Public District PK-5

0.4 mi

2111 Mullane St

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 $65,735. The most common annual income of people living in Detroit, MI is between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

28%
<35k
59%
35k-100k
13%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

36%
Single, No Kids
24%
Single, with Kids
9%
Married, No Kids
31%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

25%
<11 yrs old
11%
12-17 yrs old
28%
18-34 yrs old
30%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Ross Dress For LessRoss Dress For Less
  • Foot LockerFoot Locker
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Jack In The BoxJack In The Box
  • Little CaesarsLittle Caesars
  • White CastleWhite Castle

What do the neighbors drive?

  • NissanNissan
  • DodgeDodge
  • KiaKia

What do the neighbors listen to?

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

Similar homes for sale

This home is located at 7342 Cahalan St in Detroit, MI and zip code 48209 in the Springwells neighborhood. This 2,208 square foot home, which was built in 1925, sits on a 0.08 acre lot. Features: 3 bathrooms. It has been listed on Rocket Homes since March 6, 2025 and is currently priced at $180,000.

While more than 68 listings in Detroit, MI in February 2025 were sold above asking price, there were more than 60 listings sold at asking price, and more than 203 were sold below. Between January and February 2025, Detroit, MI real estate market has seen increase in the number of listings by 7%. In February 2025, listings were on the market for 59 days. During the same period, the median list price in this real estate market was $88,760.

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

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