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!
Property Details
Price:
$139,900
MLS #:
20251010764
Status:
Active
Beds:
0
Baths:
2
Address:
15852 Washburn Street
Type:
Single Family
Subtype:
Multi Family
Subdivision:
DYERS ST MARYS
Neighborhood:
05042 – Det 6-Tire – Grnfld – Livernois
City:
Detroit
Listed Date:
Jun 27, 2025
State:
MI
Finished Sq Ft:
2,398
ZIP:
48238
Year Built:
1929
See this Listing
Meet Andrea Stephan, an accomplished real estate professional with industry experience and a heart dedicated to service. With a background in education, Andrea began her journey as a former teacher, where her passion for nurturing others blossomed. Transitioning seamlessly into the business world, Andrea played a pivotal role in building a property management company from the ground up. Her relentless dedication and innate ability to connect with others have been instrumental to her success. C…
More About AndreaMortgage Calculator
Schools
School District:
Detroit
Interior
Bathrooms
2 Full Bathrooms
Cooling
Ceiling Fans, Central Air
Heating
Forced Air, Natural Gas
Laundry Features
Gas Dryer Hookup, Laundry Room, Washer Hookup
Exterior
Architectural Style
Cape Cod, Colonial
Community Features
Sidewalks
Construction Materials
Brick
Exterior Features
Chimney Caps, Lighting
Parking Features
Garage, Lighted, On Street, Unassigned
Roof
Asphalt
Financial
Taxes
$4,437
Map
Community
- Address15852 Washburn Street Detroit MI
- SubdivisionDYERS ST MARYS
- CityDetroit
- CountyWayne
- Zip Code48238
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15852 Washburn Street
Detroit, MI
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