12186 Roselawn Street, Detroit, MI 48204

• 2 baths |
• 2,450 sqft

Property Description

Here's a rare investor opportunity - a fully updated duplex with both units occupied by Section 8 tenants backed by the government. This Detroit duplex features two 2-bedroom, 1-bath units, both currently rented through Section 8 at $1,150/month and $950/month, for a total monthly rent roll of $2,100/month and $25,200/year in gross scheduled income. The property has been recently refreshed, helping reduce near-term maintenance concerns and support tenant retention. Updates include brand-new vinyl windows, fresh paint throughout, new plush carpeting, updated kitchen cabinets and countertops, and new furnaces for improved efficiency and reliability. From a buy-and-hold perspective, this asset checks several important boxes: two occupied units, Section 8 rental income, separate income streams, updated interiors, and major mechanical improvements already completed. The duplex setup also helps reduce reliance on a single tenant, while the 2-bedroom unit mix remains practical and rentable in Detroit’s investor market. Priced at $170,000, the property offers an attractive 14.8% gross rent-to-price return and a 1.24% monthly rent-to-price ratio. For DSCR buyers, the current rent roll creates strong debt coverage potential. Based on a typical 75% LTV scenario, the estimated loan amount would be approximately $127,500, giving investors a solid income base to work with. Final DSCR will depend on lender rate, taxes, insurance, and underwriting, but the rental income is compelling for investors looking for cash-flowing Section 8 product. For investors seeking immediate rental income, DSCR potential, and strong gross rent performance at a reasonable price point, this duplex deserves a serious look. Please do not disturb tenants. Showings available with accepted full-list offer only.

Listing Status:

Active

Data Last Updated:

June 20, 2026 at 7:43AM

Listing Office:

Keller Williams First : 8105151503

Listing Agent:

Anuj Chand : 8109086470

MLS ID:

20261046553

Interior

• Basement: Unfinished
• Heating: Forced airNatural gas

Exterior

• Style: Duplex
• Pool: None

Construction

• General: BrickTwoBasementBlock

Location

• Road/Access: Paved
• Originating MLS: Realcomp II Ltd
• School District: Detroit
• County: Wayne

Lot

• Zoning: E ROSELAWN 177 WESTLAWN SUB L31 P68 PLATSW C R 16/236 35 X 106W16I030132S

Utilities

• Water: Public
• Sewer: Public sewer

Financial

• Source: Realcomp II Ltd