$100,000

13202 Monica Street, Detroit, MI 48238

  • 2 baths |
  • 2,190 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1926
  • Property Lot Size Icon3,920sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $46/sqft
  • Property List Date Icon Listed 8 days ago

Property Description

Excellent investment or owner-occupant opportunity at 13202 Monica, a solid brick two-unit property offering immediate income with additional rental upside. The lower unit is currently leased at $1,350/month, while the upper unit has a conservative projected rent of approximately $1,150/month, providing an estimated NOI of approximately $25,000 annually based on current and projected rents and estimated operating expenses. Each unit features 2 bedrooms and 1 full bathroom with separate upper and lower living spaces, offering flexibility for both investors and owner-occupants. Continue operating the property as a full investment, or occupy the upper unit while collecting income from the lower unit to help offset housing costs. The property also features a newer roof, full basement, and 2-car garage. Conveniently located near Livernois and Davison with access to major roads, shopping, dining, and surrounding Detroit amenities. With existing rental income, additional income potential, and the flexibility to invest or owner-occupy, 13202 Monica presents a strong opportunity for its next owner. Schedule your private showing today. Please do not disturb the lower-unit tenant. Lower unit is not available for showings and will be shown only to parties with an accepted offer. BATVAI.

Listing Status:
Active
Date Added:
September 14, 2026
Data Last Updated:
September 23, 2026 at 4:47PM
Listing Office:
EXP Realty Main : 888-501-7085
Listing Agent:
Jay Naim : 313-571-6581
MLS ID:
61030114
  • Heating: Forced Air
  • Other Structures: Porch
  • General: BrickTwoBasement
  • Road/Access: Paved
  • Originating MLS: MiRealSource
  • School District: Detroit City School District
  • County: Wayne
  • Zoning: E MONICA 453 R OAKMANS FORD HIGHWAY & GLENDALE SUB L35 P82 PLATSW C R 16/256 36 X 108
  • Water: Public
  • Source: MiRealSource

This listing courtesy of Jay Naim , EXP Realty Main

Monthly Payment

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

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Similar Listings Nearby