18027 Moenart Street, Detroit, MI 48234

• 2 beds |
• 1 bath |
• 732 sqft

Property Description

Turnkey income-producing property - tenant in place, cash flowing from day one. This updated 3-bed, 1-bath bungalow is currently occupied by a cash-paying tenant on a one-year lease at $1,100/month, delivering a 14% ROI with 20% down. The property has been fully renovated - no deferred maintenance, no capital expenditure surprises. Updates include new flooring, fresh paint, updated lighting, a renovated kitchen with new cabinetry and countertops, and updated mechanicals in the full basement. Low-maintenance exterior means minimal ongoing upkeep costs. Layout offers strong rental flexibility: two main-floor bedrooms plus a large upper-level third bedroom that can serve as a flex space - attractive to a wide tenant pool. Private driveway and fenced yard add practical tenant appeal and support long-term retention. Conveniently located near major roads, shopping, and everyday amenities - a solid rental location that supports low vacancy risk. Ideal for the buy-and-hold investor seeking immediate cash flow!

Listing Status:

Active

Date Added:

April 1, 2026

Data Last Updated:

July 22, 2026 at 9:46PM

Listing Office:

Amin Realty : 833-264-6832

Listing Agent:

Nabil Syed : 313-247-8369

MLS ID:

60980350

Interior

• Basement: Unfinished
• Heating: Natural GasForced Air

Exterior

• Style: Ranch
• Parking: Parking spaces: 0

Construction

• General: Vinyl SidingOneBasement

Location

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

Lot

• Zoning: PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2021. W MOENART 383 AND E 8 FT OF VAC ALLEY ADJ HARRAHS NORWOOD SUB L34 P77 PLATSW C R 13/232 35 X 113

Utilities

• Water: Public

Financial

• Source: MiRealSource