15852 Washburn Street new Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48238
Key Details
Property Type Multi-Family
Sub Type Cape Cod,Colonial
Listing Status Active
Purchase Type For Sale
Square Footage 1,998 sqft
Price per Sqft $80
Subdivision Dyers St Marys
MLS Listing ID 20251010764
Style Cape Cod,Colonial
Bedrooms 2
Full Baths 2
Year Built 1929
Annual Tax Amount $4,437
Lot Size 3,920 Sqft
Property Sub-Type Cape Cod,Colonial
Property Description
Investor alert! 15852 Washburn St is a solid brick duplex delivering strong rental potential and an impressive cap rate for buy-and-hold investors seeking cash flow from day one. Featuring nearly 2,000 sq ft of total living space, this two-unit property offers classic hardwood floors, generous room sizes, and separate entrances — making it ideal for dual tenancy or a live-in owner setup. The exterior has been freshly painted, and the property is secured and primed for rehab or tenant placement. Located just minutes from major corridors, freeways, and commercial hubs, it benefits from steady rental demand and increasing area development. Whether you're new to real estate or scaling your portfolio, this opportunity checks the right boxes: location, layout, and cash-on-cash return. It's rare to find a multifamily property in this condition and location with such high income potential and a favorable entry point. Don't miss your chance to lock in solid passive income and long-term equity growth — schedule your showing today and make your move on Washburn!
Location
State MI
County Wayne
Area Det 6-Tire - Grnfld - Livernois
Zoning Multi-Family
Interior
Heating Forced Air
Cooling Ceiling Fan(s),Central Air
Laundry 1
Exterior
Exterior Feature Chimney Cap(s),Lighting,Fenced
Roof Type Asphalt
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Brick
Schools
School District Detroit
Others
Acceptable Financing Cash,Conventional,FHA,Warranty Deed
Listing Terms Cash,Conventional,FHA,Warranty Deed