$124,500
$125,000
0.4%For more information regarding the value of a property, please contact us for a free consultation.
2 Baths
5,227 Sqft Lot
SOLD DATE : 06/27/2025
Key Details
Sold Price $124,500
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 20250032200
Sold Date 06/27/25
Year Built 1928
Annual Tax Amount $1,985
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 40.00 x 133.00
Source Realcomp
Property Description
Solid cash-flowing duplex in Detroit's Schoolcraft Southfield neighborhood with beautiful red brick curb appeal and classic architectural charm. Both units are 2 bed, 1 bath with identical layouts and gorgeous hardwood floors throughout. Professionally managed and well maintained, this property is turnkey and fully leased with long-term Section 8 tenants in place. Lower Unit: $1,050/mo rent ($836 paid by Section 8). Upper Unit: $800/mo rent ($640 paid by Section 8). Leases: Upper through 10/31/25, Lower through 12/30/25. Shared Full Basement for storage and laundry, Driveway Parking, no garage. This property offers dependable government-backed income with minimal landlord expense. Whether you're a seasoned investor or just building your portfolio, this is a low-maintenance asset in a solid rental corridor.
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Multi-Family,Residential
Direction South of Schoolcraft, West of Greenfield
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W22I059236S
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
8 N. Bridge Street Suite 104B, Rockford, MI, 49341, United States