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$160,000

Est. payment - /mo

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2 Beds

2 Baths

1,998 SqFt

New

15852 Washburn Street Detroit, MI 48238

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Theresa Edwards

Re/Max Platinum

theresa@edwardsgrouprealestate.com +1(517) 245-5760

UPDATED:

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

Acres 0.09

Lot Dimensions 36X106

Property Sub-Type Cape Cod,Colonial

Source Realcomp II Ltd

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

Direction Head south on Washburn St off of Puritan Ave

Rooms

Basement Partially Finished

Interior

Interior Features Entrance Foyer, Laundry Facility, High Spd Internet Avail, Programmable Thermostat

Heating Forced Air

Cooling Ceiling Fan(s), Central Air

Fireplace no

Heat Source Natural Gas

Laundry 1

Exterior

Exterior Feature Chimney Cap(s), Lighting, Fenced

Roof Type Asphalt

Porch Porch

Road Frontage Paved, Pub. Sidewalk

Garage yes

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Architectural Style Cape Cod, Colonial

Level or Stories 2 Story

Structure Type Brick

Schools

School District Detroit

Others

Pets Allowed Yes

Tax ID 16039226

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conventional, FHA, Warranty Deed

Rebuilt Year 2025

Listing Terms Cash, Conventional, FHA, Warranty Deed

Financing Cash,Conventional,FHA,Warranty Deed

Listed by Fadi Dabaja of EXP Realty Main

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Theresa Edwards

Broker Associate | License ID: 6506047753

+1(517) 245-5760

15852 Washburn Street Detroit, MI 48238

Theresa Edwards

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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15852 Washburn Street