Estimated payment $312/month
Investor special in Detroit’s up-and-coming Fitzgerald neighborhood! This solid brick duplex at 15865 Cloverlawn St features two 2-bedroom, 1-bath units located directly across the street from Mary McLeod Bethune Academy and just minutes from University of Detroit Mercy and Marygrove College. The property has a NEWER ROOF, approximately three years old, and is currently fully occupied with a month-to-month tenant paying $950 per month to occupy both units, providing immediate income with room to increase rents. Each unit offers a spacious layout and strong bones, with plenty of potential for value-add updates to maximize returns. Market rents in the area average $800–$900 per unit, offering a great opportunity for investors to improve cash flow through light renovations or repositioning. The Fitzgerald neighborhood has benefited from significant revitalization efforts, including the $4 million Fitzgerald Revitalization Project, which continues to attract investment and new development. This property offers an affordable entry point into a growing neighborhood with long-term appreciation potential, perfect for both new and experienced investors. At the current rent, the duplex still offers a respectable ~10.8% cap rate. Once re-rented at market levels, the property becomes a cash-flow powerhouse, with a 23–27% cap rate, depending on the rent achieved. This highlights a major value-add opportunity for an investor to buy based on current performance but realize significantly higher returns once the property is repositioned.
| 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 | $2,713 | $37,300 | $0 | $0 |
| 2024 | $2,713 | $32,700 | $0 | $0 |
| 2023 | $916 | $26,700 | $0 | $0 |
| 2022 | $971 | $20,700 | $0 | $0 |
| 2021 | $947 | $16,700 | $0 | $0 |
| 2020 | $947 | $15,300 | $0 | $0 |
| 2019 | $934 | $11,400 | $0 | $0 |
| 2018 | $829 | $8,900 | $0 | $0 |
| 2017 | $142 | $7,500 | $0 | $0 |
| 2016 | $987 | $21,400 | $0 | $0 |
| 2015 | $990 | $9,900 | $0 | $0 |
| 2013 | $1,386 | $13,857 | $0 | $0 |
| 2010 | -- | $19,855 | $613 | $19,242 |
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/30/2025 10/30/25 | For Sale | $50,000 | +127.3% | $35 / Sq Ft | |
| 02/03/2023 02/03/23 | Sold | $22,000 | -37.1% | $15 / Sq Ft | View Prior Sale |
| 01/13/2023 01/13/23 | Pending | -- | -- | -- | |
| 12/28/2022 12/28/22 | For Sale | $35,000 | -- | $24 / Sq Ft |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $22,000 | Modern Title | |
| Quit Claim Deed | -- | Attorney | |
| Quit Claim Deed | -- | None Available | |
| Sheriffs Deed | $39,036 | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Tri-County Title Agency Inc |
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My journey toward being one of the leading realtors in Metro Detroit wasn’t easy – but it was worth it. It all began as a 20-year-old college student, thrust into life as a single mom. Away from my family, deep into my studies, and focused on being the best parent possible, I began noticing my potential. Motherhood, and all its challenges, brought out the best in me. It lit a fire inside of me, unleashed my entrepreneurial spirit, and pushed
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Stop scrolling! This completely transformed ranch isn't just move-in ready...it's move-in and WOW ready! Every single detail has been reimagined: luxury vinyl plank floors (scratchproof and waterproof), brand new plush carpet, a kitchen island with a very practical cutting board countertop, three large bedrooms and two full bathrooms so fresh they practically sparkle. New electrical, new
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Picture waking each morning to breathtaking views of the Detroit River stretching endlessly before you from your northeast corner end-unit at prestigious Shoreline East, where the legendary Berry Gordy once owned a unit. This isn't just another condo; it's your escape into sophisticated waterfront urban living with 3 bedrooms, 3 bathrooms, and 1,924 sq ft of thoughtfully combined luxury. Enter
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There are moments in real estate when everything aligns perfectly, and this 2023 Pulte-built ranch in Chasewood Villas is one of those moments. This barely-lived-in gem offers 1,861 square feet of sophisticated living with rich dark red oak hardwood floors throughout (giving an upscale, elegant feel you won't find in standard builds), and an extra peace of mind feature, a 22kW Generac backup
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This gorgeous colonial, crafted by renowned Lombardo Homes of Michigan, showcases a striking exterior blend of rich tan brick and sophisticated navy blue siding that commands attention while maintaining classic elegance. The heart of this home flows effortlessly with an open concept design connecting the kitchen, dining, and living areas—perfect for both everyday living and entertaining. Natural
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Charming Duplex Near Bagley & University of Detroit Mercy. Located in the Fitzgerald/Marygrove neighborhood, rich with breathtaking, architecturally stunning brick homes, this unusually spacious duplex offers two identical units, each featuring 2 bedrooms and a full bath. A standout feature is the expanded primary bedroom in each unit, which includes a sunroom retreat, creating the perfect space
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Charming 3-Bedroom Red Brick Bungalow on a Spacious Corner Lot in the Bethune Community. This beautifully maintained 3-bedroom red brick bungalow offers an expansive primary bedroom on the second level, complete with an attached bathroom for added convenience. The main level features gleaming hardwood floors, while the updated kitchen boasts new flooring and granite countertops that offer
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Solid Brick Ranch with Section 8 Tenant in Place – $1,000/Month Income. Located in Detroit’s Grand River/I-96 corridor, this 2-bed, 1-bath brick ranch offers immediate cash flow and long-term upside. Currently tenant-occupied with Section 8 assistance ($931 of $1,000/month rent), this home is leased through November 2025. Tenant pays all utilities, is current on rent, and has no pets. The 720 sq
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TIMELESS Detroit charm, MODERN peace of mind, and REAL long-term VALUE. This beautifully updated 4-bedroom, 1.5-bath brick home on Detroit’s west side blends classic details with the updates that matter. From the refinished red oak hardwood floors to the natural fireplace, refreshing paint color and sun-filled rooms, it feels like home the moment you walk in. The kitchen and bathroom have been
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Source: Realcomp
MLS Number: 20251050262
APN: 16-031286
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