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$ 141,500
Est. payment | /mo
2 Baths
3,920 Sqft Lot
$ 141,500
Est. payment | /mo
2 Baths
3,920 Sqft Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20261083246
HOA Y/N true
Year Built 1925
Annual Tax Amount $1,055
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 30X133
Source Realcomp
Property Description
Look no further than this 2 unit, established rental income Duplex, and an opportunity to expand your investment portfolio. Offered at $141,500, this fully occupied Detroit duplex currently generates $1,800 in combined monthly rent—$21,600 annually—with an approximate 15.3% gross rental yield before expenses. Each unit features two bedrooms, one full bathroom, a kitchen, living room, and dining room, offering functional layouts across approximately 1,500 square feet. Renovated in 2017, the property includes a covered front porch, enclosed backyard, and an unfinished basement with laundry space. Convenient access to parks, shopping, and major freeways adds to its rental appeal. Tenant occupied; showings require at least 48 hours' advance notice. Buyer and buyer's agent to verify all property information, rental income, and expenses.
Location
State MI
County Wayne
Zoning Multi-Family
Direction Ryan Road south, past 7 mile road, East on E. Robinwood Street, South on Binder.
Exterior
Amenities Available Pets Allowed
View Y/N No
Building
Water Public
Structure Type Aluminum Siding
Schools
School District Detroit
Others
Tax ID W13I021397S
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by EXP Realty Main
Schools and Properties Nearby