UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Rent
Square Footage 2,568 sqft
Subdivision Oakmans Robt Indiandale
MLS Listing ID 20261040922
Style Duplex
Full Baths 2
Year Built 1929
Lot Size 4,356 Sqft
Acres 0.1
Property Sub-Type MultiFamily
Property Description
Each unit features 3 bedrooms and 1 bathroom. The lower unit has been occupied by a long-term Section 8 tenant since August 2023 with an excellent payment history. Current contract rent is $1,420 per month, with the tenant paying $358 and Section 8 covering the balance. The tenant also pays gas and electricity and has never missed a payment, consistently paying 24 to 48 hours early.
The upper unit is fully renovated, vacant, and move-in ready. It was previously rented for $1,470 per month before becoming vacant in March 2026.
Investors can generate approximately $2,890 per month ($34,680 annually) in gross rental income, while owner-occupants can live in the upper unit and offset their housing costs with the lower unit's rental income.
Location
State MI
County Wayne
Area Area05043Detlivernoisi756Gdriver
Rooms
Basement Unfinished
Interior
Heating Forced Air, Natural Gas
Fireplace No
Exterior
Exterior Feature Balcony, ChimneyCaps, PrivateEntrance
Parking Features OnStreet, SharedDriveway
Fence Back Yard
Pool None
Utilities Available AboveGroundUtilities
View Y/N No
Roof Type Asphalt
Garage false
Building
Foundation Basement, Block
Sewer Sewer At Street
Water WateratStreet
New Construction No
Schools
School District Detroit
Others
Senior Community false
Acceptable Financing Cash, Conventional, FHA, VaLoan, WarrantyDeed
Listing Terms Cash, Conventional, FHA, VaLoan, WarrantyDeed
Special Listing Condition AgentOwned, ShortSaleNo
Pets Allowed No
Nearby Locations
Broker Associate | License ID: Ga: 365526 Mi: 6506048686
+1(678) 674-7929 | lknox@axenrealty.com