#81025003907, Kristian Freiwald, Listing office: Kristian Freiwald
$155,000 List price
8343 American St Detroit, MI 48204
2 full
2,268 sqft
0.09 acres
$68 / sqft
Multi-Family
Property details
About 8343 American St
National Real Estate Management Group is excited to announce your next investment opportunity: a well-maintained, four-bedroom, two-bathroom duplex in turnkey condition. This multi-family home is perfectly positioned near a local elementary school, making it especially attractive to long-term tenants. Currently rented through Section 8, this property yields a strong 1.6% monthly return and an impressive 19% annual ROI—making it an ideal choice for both new and seasoned investors. Don’t miss this excellent opportunity to expand your property portfolio with a reliable, income-generating asset in a high-demand rental area. At National Real Estate Management Group, our listings come with built-in property management for seamless, turnkey investments. Our full-service approach covers everything from construction completion to tenant placement and ongoing management. Services include comprehensive property management, tenant screening, financial reporting, legal compliance, and streamlined communication. Choose National Real Estate Management Group for a worry-free investment experience.
Highlights
Home typeMulti Family
HeatingForced Air, Natural Gas
StatusActive
Size2,268 sqft
BasementYes
Lot size0.09 Acres
Year built1926
ParkingGarage
MLS #20251008113
Summary
- Full Bathrooms: 2
- Basement: Yes
- Attached Garage: No
- Parking: Garage
- Architectural Style: Bungalow
- Heating: Forced Air, Natural Gas
- List Price: $155,000
- Price/SqFt: $68
- Annual Tax Amount: $1,257
- Tax Year: 2024
- Directions: Livernois to American
- Year Built: 1926
- Living Area: 2,268 SqFt
- Lot Size: 0.09 Acres
- MLS Number: 20251008113
- MLS Name: Realcomp II Ltd
- Office Name: NREMG Realty
- Office Phone: (313) 763-0323
- Listing Agent: Connae Pisani
Disclaimer: 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: 7/24/2025, 7:45:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 25, 2024 | Home Sold | $95,000 |
| Jun 08, 2020 | Home Sold | $100,000 |
| May 21, 2020 | Home Sold | $30,000 |
| Feb 07, 2019 | Home Sold | $15,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $22,500 | $1,257 |
| 2023 | $18,300 | $1,257 |
| 2022 | $15,200 | $683 |
| 2021 | $12,400 | $683 |
| 2020 | $11,500 | $642 |
| 2018 | $12,600 | $642 |
| 2017 | $13,300 | $641 |
History based on county public records data.
Nearby schools
2
Barton Elementary School
Public District KG-5
0.5 mi
•8530 Joy Rd
5
McDonald Elementary School
Public District PK-5
0.9 mi
•10151 Diversey St
2
Riverside Academy
Public Charter KG-5
1.4 mi
•7124 Miller Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $22,143. Residents of Detroit, MI typically earn less than $<35k each year. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
71%
<35k
28%
35k-100k
1%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
65%
Single, No Kids
20%
Single, with Kids
11%
Married, No Kids
4%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
7%
12-17 yrs old
21%
18-34 yrs old
44%
35-64 yrs old
16%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Where do the neighbors shop?
Burlington
Foot Locker
H&M
Where do the neighbors go to eat?
White Castle
Little Caesars
Boston Market
What do the neighbors drive?
Kia
Dodge
Honda
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 8343 American St
The listing price of 8343 American St property is $155,000.
The property 8343 American St is a multi located in Detroit, Michigan, 48204.
Active Listing: 8343 American St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 8343 American St are: Barton Elementary School (GreatSchools Rating 2/10), McDonald Elementary School (GreatSchools Rating 5/10), Riverside Academy (GreatSchools Rating 2/10), Mackenzie Elementary-Middle School (GreatSchools Rating 1/10), Sampson-Webber Leadership Academy (GreatSchools Rating 1/10), Priest Elementary-Middle School (GreatSchools Rating 2/10), Universal Academy (GreatSchools Rating 3/10), Hope of Detroit Academy Middlehigh (GreatSchools Rating 2/10), Hope of Detroit Academy Elementary School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $1,257 (source: MLS/based on county public records data).
The last sale was on July 25, 2024 for $95,000 (source: MLS/tax record).
The property 8343 American St is 2,268 SqFt (source: MLS/tax record).
The year of construction for 8343 American St is 1926.
This home is located at 8343 American St in Detroit, MI and zip code 48204 in the Tireman neighborhood. This 2,268 square foot home, which was built in 1926, sits on a 0.09 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since July 2, 2025 and is currently priced at $155,000.
Detroit, MI housing market in June 2025 saw over 79 listings sold above listed price, more than 74 sold at listed price and over 144 sold below. In June 2025 in Detroit, MI there were 16.7% more homes for sale than in May. In June 2025 median list price was $92,746 and the average listing age was 45 days.
From Rocket Homes Real Estate and based on county public records data.