$210,000

15500 Cruse Street, Detroit, MI 48227

  • 2 baths |
  • 2,782 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1919
  • Property Lot Size Icon7,405sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $75/sqft
  • Property List Date Icon Listed 6 days ago

Property Description

Fully renovated in 2024, this turnkey duplex offers immediate cash flow with significant upside in a strong rental market. The property features a highly desirable unit mix with one 4-bedroom unit and one 3-bedroom unit, catering to larger households and voucher tenants. Both units are currently occupied, generating $2,100/month ($1,100 + $1,000), providing in-place income from day one. Where this deal gets interesting is the upside. 3-bedroom units in the area are renting for approximately $1,250–$1,400/month, while 4-bedroom units are achieving $1,600–$1,700/month. This creates a clear path to increase rents to $2,900–$3,100+/month, offering a strong value-add opportunity without additional major renovations.

Listing Status:
Active
Data Last Updated:
April 15, 2026 at 12:42AM
Listing Office:
Tarar Homes : 3138880315
Listing Agent:
Ahsan Tarar : 3138880315
MLS ID:
20261023241
  • Basement: PartialUnfinished
  • Heating: Forced airNatural gas
  • Style: Duplex
  • Pool: None
  • General: Aluminum sidingTwoBasementBlockCrawl space
  • Road/Access: Paved
  • Originating MLS: Realcomp II Ltd
  • School District: Detroit
  • County: Wayne
  • Zoning: PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2029. E CRUSE N 25 FT 134 135 & W 8 FT VAC ALLEY ADJ GLENGARRY SUB L35 P1 PLATSW C R 22/85 60 IRREGW22I034172S
  • Water: Public
  • Sewer: Public sewer
  • Source: Realcomp II Ltd

This listing courtesy of Ahsan Tarar , Tarar Homes

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

Schools Nearby

J

John R. King Academic and Performing Arts Academy

15850 Strathmoor St, Detroit, MI, 48227

Grades PK-8

0.28 miles away

J

John R. King Academic and Performing Arts Academy

15850 Strathmoor St, Detroit, MI, 48227

Grades PK-8

0.28 miles away

R

Randolph Career and Technical Center

17101 Hubbell St, Detroit, MI, 48235

Grades 9-12

0.95 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby