26
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$155,000
Est. payment /mo
2 Baths
4,356 Sqft Lot
Active
13300 La Salle Boulevard Detroit, MI 48238
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20261040922
Year Built 1929
Annual Tax Amount $4,753
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 38X110
Source Realcomp
Property Description
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.
Location
State MI
County Wayne
Zoning Multi-Family,Residential
Direction South of Davison West of Woodward
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W08I010208S
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition {"Other":true}
Listed by KW Metro
NEARBY SCHOOL & BUSINESS
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