$250,000

3273 Cortland Street, Detroit, MI 48206

  • 6 beds |
  • 2 baths |
  • 3,375 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1924
  • Property Lot Size Icon4,356sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $74/sqft
  • Property List Date Icon Listed 29 days ago

Property Description

Completely renovated duplex and ready for its next owner, 3273 Cortland offers two spacious 3-bedroom, 1-bath units with projected rental potential of up to $3,100/month - an impressive combination of condition, income potential, and flexibility for both investors and owner-occupants. Extensively renovated in 2024, nearly every aspect of the property has been updated, including a new roof, new windows, updated kitchens and bathrooms, luxury vinyl plank flooring, fresh interior and exterior paint, and updated plumbing, electrical, and mechanicals. Outside, the improvements continue with new front and rear decks, a fully fenced backyard, and a newly built 2-car garage. Separate gas and electric meters help simplify tenant management. For investors, projected rents of up to $3,100/month provide $37,200 in potential annual gross income and the potential for an approximately 12% cap rate based on projected rents and estimated expenses at the current asking price. Both units are currently vacant, giving the next owner control from day one - select your own tenants and establish new leases, or occupy one unit and rent the other to help offset your housing costs. Conveniently located near Henry Ford Hospital, Wayne State University, Midtown, the Motown Museum, Downtown Detroit, major roads, schools, and area amenities. With the major renovations already completed, strong projected rental potential, and two fully available units, 3273 Cortland is ready for an investor to put to work or an owner-occupant to call home. Schedule your private showing today. BATVAI. No Seller-Financing or Land Contract offers will be presented to the seller. Video and audio recording may be in place.

Listing Status:
Active
Data Last Updated:
September 23, 2026 at 12:41PM
Listing Office:
EXP Realty Main : 8885017085
Listing Agent:
Jay Naim : 3135716581
MLS ID:
20261066510
  • General: Entrance foyer
  • Appliances: Free standing electric rangeFree standing refrigerator
  • Basement: Partially finished
  • A/C: Ceiling fans
  • Heating: Forced airNatural gas
  • Fireplace: Living roomFireplace
  • General: Balcony
  • Style: ColonialOther
  • Other Structures: CoveredDeckPatioPorch
  • Pool: None
  • Parking: Two car garageDetached
  • Roofing: Asphalt
  • General: BrickTwoBasementBrick mortar
  • Road/Access: Paved
  • Originating MLS: Realcomp II Ltd
  • School District: Detroit
  • County: Wayne
  • Zoning: S CORTLAND 553 LINWOOD HEIGHTS SUB L35 P6 PLATSW C R 12/201 35 X 120.5012003833
  • Fencing: Back yardFenced
  • Water: None
  • Sewer: Public sewer
  • Source: Realcomp II Ltd

This listing courtesy of Jay Naim , EXP Realty Main

Monthly Payment

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

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Location

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