15514 Griggs Street, Detroit, MI 48238

• 3 beds |
• 1 bath |
• 2,366 sqft

Property Description

Attention Investors: Don't miss this opportunity to add this property to your portfolio! With a CAP rate slightly above 9% (excluding mortgage payments), this property is highly attractive. Located just steps from the M10, this home features 1,565 sqft of living space on a 3,789 sqft lot. The property boasts three spacious bedrooms on the upper level, plus the potential of fourth bedroom on the main floor. It also includes a spacious living room, dining room, kitchen, a partially finished basement, a two-car garage, and a backyard. Don't let this magnificent opportunity to make it yours!. The current tenant has lived in the home for five years, always paying on time; starting in June, they will be paying a monthly rent of $1,100.00, and they are interested in continuing to rent the property. Do not miss out on this excellent business opportunity. Schedule your showing today. B.A.T.V.A.I.

Listing Status:

Active

Date Added:

April 21, 2026

Data Last Updated:

July 5, 2026 at 5:46PM

Listing Office:

EXP Realty Main : 888-501-7085

Listing Agent:

Jesus Coronado : 313-587-2505

MLS ID:

60985727

Interior

• Basement: Finished
• Heating: Natural GasForced Air

Exterior

• Style: Colonial
• Parking: Parking spaces: 2

Construction

• General: BrickTwoBasement

Location

• Road/Access: Paved
• Originating MLS: MiRealSource
• School District: Detroit City School District
• County: Wayne

Lot

• Zoning: E GRIGGS 136 NORTHWESTERN HWY SUB L45 P44 PLATSW C R 16/328 35 X 108

Utilities

• Water: PublicPublic Water at Street
• Sewer: Public At Street

Financial

• Source: MiRealSource