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19970 Stratford Road, Detroit, MI 48221 (Sold on )

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 $315,000

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  • 0 BedBeds
  • 2 BathBaths
  • 2,931 SqftSqft
  • TypeMulti Family
  • Active
  • MLS# 20261027321

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Property Description

If you're looking for a true turnkey investment in one of Detroit's most established neighborhoods, look no further. This fully occupied triplex on Stratford sits in the heart of the Palmer Park community and is generating $3,500 per month in rental income with all three tenants currently in place and paying. The property offers 2,931 square feet of living space spread across two spacious 3-bedroom units and one 1-bedroom unit, with a shared driveway and a private rear parking lot that tenants love. The whole package is move-in ready, so a new owner can step in and start collecting checks from day one. Located just steps from the beautiful Palmer Park, which features hiking and biking trails, tennis courts and an 18-hole golf course, and minutes from the University of Detroit Mercy, Marygrove College, Henry Ford Hospital, and all the shopping and dining along Woodward Avenue and McNichols Road. Whether you're a seasoned investor or just getting started, this is the kind of property that rarely comes available in this neighborhood.


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Property Details 19970 Stratford Road, Detroit, MI 48221

General

  • MLS#: 20261027321
  • Property Type: Multi Family
  • Property Sub Type: Multi Family
  • List Date: 04/21/2026
  • Year Built: 1934
  • Area: 05041 - Det 6-8 Grfld-Dequindre
  • Subdivision: WOODWARD
  • County: Wayne
  • Full Bath: 2
  • Total Baths: 2
  • Annual Property Taxes: $8,375

Exterior Features

  • Pool Type: None

Schools

  • School District: Detroit

Structure

  • Style: Colonial
  • Foundation: Basement, Brick/Mortar
  • Style: Colonial
  • Basement Type: Partially Finished
  • Construction Materials: Brick

Size & Lot

  • Sq.Ft.: 2,931
  • Acres: 0.1100
  • Lot Dimensions: 40X120

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Heating Fuel: Forced Air, Natural Gas

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