$175,000

12144 Washburn Street, Detroit, MI 48204

  • 3 baths |
  • 2,831 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1926
  • Property Lot Size Icon3,920sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $62/sqft
  • Property List Date Icon Listed 15 days ago

Property Description

To respect our tenants' privacy, interior showings are available upon accepted offer only. Please do not disturb occupants. This property is being sold as a legal two-unit dwelling with an additional finished bonus suite. Sold strictly AS IS. BATVAI. Fully Rented Brick Two-Family + Bonus Third Unit -- Income From Day One! All three units are fully utility-separated, with individual electric and gas meters, dedicated water heaters, and separate furnaces. Current rents are $1,250 for Unit 1, $1,150 for Unit 2, and $700 for Unit 3. Cash flow starts the moment you close on this handsome yellow-brick two-family -- legally zoned as a duplex, with a fully finished bonus third-floor suite. All units are occupied and generating income right now, so there's no vacancy, no waiting. Just turnkey returns. Every unit has been fully remodeled top to bottom: gleaming refinished hardwood floors, brand-new carpet, fresh neutral paint, and updated kitchens with new cabinetry, granite-look counters, and sleek gooseneck faucets. The first-floor unit charms with a classic painted-brick fireplace flanked by original leaded-glass built-ins -- character you simply can't build anymore. Updated baths, new flooring, and ceiling fans throughout round out the package. The finished third level is the showstopper: a private suite with its own kitchenette, full bath, and cozy dormered living space -- already occupied and adding to the bottom line, the kind of value-add most investors only dream of finding already done. Add a covered front porch, upper balcony, and fenced yard, and you've got a rock-solid, fully performing brick asset that's been renovated, rented, and ready to hand over. No projects. No surprises. Just deposits. Three remodeled units. Rent checks. One smart buy -- don't let this one get away.

Listing Status:
Active
Date Added:
August 4, 2026
Data Last Updated:
August 20, 2026 at 1:45PM
Listing Office:
Apex Realty Centers : 734-469-2469
Listing Agent:
Michael Celsi : 313-412-9709
MLS ID:
61017882
  • Basement: Block
  • Heating: Forced Air
  • General: BrickBasement
  • Road/Access: Paved
  • Originating MLS: MiRealSource
  • School District: Detroit City School District
  • County: Wayne
  • Zoning: E WASHBURN 87 MAIDSTONE PARK SUB L30 P69 PLATSW C R 16/232 35 X 112
  • Water: Public
  • Source: MiRealSource

This listing courtesy of Michael Celsi , Apex Realty Centers

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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