Estimated payment $919/month
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!
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,882 | $65,800 | $0 | $0 |
| 2024 | $1,882 | $58,200 | $0 | $0 |
| 2023 | $2,074 | $47,400 | $0 | $0 |
| 2022 | $2,215 | $36,200 | $0 | $0 |
| 2021 | $2,153 | $29,200 | $0 | $0 |
| 2020 | $2,152 | $26,700 | $0 | $0 |
| 2019 | $1,936 | $20,100 | $0 | $0 |
| 2018 | $1,297 | $16,300 | $0 | $0 |
| 2017 | $262 | $13,800 | $0 | $0 |
| 2016 | $1,634 | $38,600 | $0 | $0 |
| 2015 | $1,910 | $19,100 | $0 | $0 |
| 2013 | $1,991 | $26,841 | $0 | $0 |
| 2010 | -- | $38,459 | $792 | $37,667 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/06/2025 08/06/25 | Price Changed | $139,900 | -12.6% | $70 / Sq Ft |
| 06/27/2025 06/27/25 | For Sale | $160,000 | +966.7% | $80 / Sq Ft |
| 06/01/2018 06/01/18 | Sold | $15,000 | 0.0% | $8 / Sq Ft |
| 05/14/2018 05/14/18 | Pending | -- | -- | -- |
| 04/26/2018 04/26/18 | For Sale | $15,000 | -- | $8 / Sq Ft |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Available | |
| Sheriffs Deed | $9,000 | None Available |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $7,758 | Future Advance Clause Open End Mortgage |
$126,000
BRICK DUPLEX Investment Opportunity! Both units feature modern finishes, offering 2 bedrooms, 1 bathroom, a spacious kitchen, and a cozy living room. The lower unit boasts a natural burning fireplace, perfect for chilly evenings. The upper unit includes a private, enclosed, gated balcony off the living room, ideal for relaxing outdoors. Enjoy the large, fenced-in backyard, providing plenty of
Albert Hakim RE/MAX First
$150,000
Updated two unit beauty with three bedroom/one bath in each unit. Located near the Livernois corridor. House hack this one or rent both in an area seeing amazing growth. New windows. Well maintained and updated. Hardwood floors. Half bath in the basement. Storage in the basement. Upper unit at $1000 month to month. Tenant has paid on time for 14 years of tenancy. Rents $1200-1400 in the immediate
Nancy Rademacher KW Professionals Brighton
$185,000
Opportunity awaits in this fully renovated two family flat one block from the beautiful Zussman park and playground. Through the Strategic Neighborhood Fund, the City of Detroit is infusing the area with millions of dollars to improve the community along Dexter. This includes expanding the sidewalks, investing in commercial properties, parks, and more. The Livernois Fashion District is a
Justin Bercheny Max Broock, REALTORS-Royal Oak
$119,900
This move-in ready duplex in the desirable Grandmont neighborhood in Northwest Detroit offers the perfect opportunity to generate rental income or live in one unit while renting the other. Featuring a brand-new roof, full electrical overhaul, fresh paint throughout, updated flooring, and modernized bathrooms, both units are clean & low-maintenance. Each unit has 2 bedrooms and one bathroom with
Jennifer Hemstrom Thrive Realty Company
$120,000
This well-maintained 2-unit residential property presents an excellent opportunity for first-time homebuyers looking to offset costs with rental income or investors seeking a reliable return. Live in one unit while renting the other to help cover your mortgage, or generate full rental income by leasing both units.
Anthony Djon Anthony Djon Luxury Real Estate
$175,000
***All offers are due: Monday, July 14, 2025 at 12:00pm.***Beautiful three-story multifamily brick home in Detroit full of charm, natural light, and versatile living space. This classic duplex features two units with nearly identical layouts. Both the lower (515) and upper (517) units offer spacious living rooms with cozy fireplaces, flowing effortlessly into traditional dining rooms filled with
Jim Shaffer Good Company
$131,000
Newly Renovated Brick Multi-Family in Detroit – Turnkey Investment! Introducing 2-story brick multi-family home in the heart of Detroit, perfect for investors or owner-occupants looking to offset their mortgage! Each unit features 2 spacious bedrooms and 1 modern bathroom, thoughtfully updated with stylish finishes and functional layouts. Whether you're looking to generate steady rental income or
Albert Hakim RE/MAX First
$125,000
Excellent investment opportunity! This fully leased, income-producing multi-family brick home features two spacious units, each offering 2 bedrooms and 1 bathroom. Updated and remodeled in 2023, the property boasts a brand-new roof, updated mechanicals, and a well-designed layout. Enjoy additional space with two side lots, a large driveway, and a generously sized yard—perfect for outdoor
Jennifer Aparicio EXP Realty Main
$139,900
This brick duplex offers solid rental income potential, with freshly updated units and a strategic location. Beyond the units themselves, the property adjoins four vacant lots owned by DLBA—presenting a strategic opportunity to acquire additional land (for just $1000.00), expand usable outdoor space, or capitalize on Detroit Land Bank programs (e.g., Side Lot, Community Partner). The lower unit
Theresa Martell Sold by Vie
Source: Realcomp
MLS Number: 20251010764
APN: 16-039226
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