Detroit, MI 48238
MLS# 20261040922
A true turnkey duplex offering immediate cash flow, strong rental history, and long-term upside. Perfect for investors looking to expand their portfolio or buyers interested in house-hacking and building wealth through real estate.Each unit features 3 bedrooms and 1 bathroom, with updated living spaces, newer mechanicals, and a newer roof for added peace of mind. The lower unit has been occupied by a long-term Section 8 tenant since August 2023 with an excellent payment history. The current contract rent is $1,420 per month, with the tenant paying $358 and Section 8 covering the remaining 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.The property offers approximately $2,890 per month, or $34,680 annually, in potential gross rental income. Investors can benefit from immediate income, while owner-occupants can live in the renovated upper unit and use the lower unit’s rental income to help offset their monthly housing expenses.Located in an area experiencing continued development and investment, this property offers both dependable cash flow today and strong potential for future appreciation.
Listed by Elijah Cook · KW Metro
Estimate only — principal & interest, no taxes or insurance. Rates change daily; confirm with your lender.
$784/mo
$31,000 down · $124,000 financed
Listing information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use. Listings are provided courtesy of the participating listing broker. This information is believed accurate but is not warranted and all measurements and calculations are approximate.
