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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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12261 Lansdowne St E , Detroit, MI 48224
$115,000
Est. Payment: $255.56/mo
4 Bed
1 Bath
1122 Sqft
Status: Active | Days on site: 75
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House Description

Solid all-brick 4-bedroom home in Detroit's desirable 48224 area offering strong investment potential! This spacious property features hardwood floors throughout, two bedrooms upstairs, and a main-floor bedroom with direct access to the backyard porch/patio--ideal for added privacy or flexible living. Fireplace is intact (currently inoperable). Major updates include roof (2019) and newer furnace and water heater (2023), providing added confidence in key mechanical systems. Full basement offers additional storage or future finishing potential. All appliances stay, including refrigerator, stove, washer, and dryer. Generous layout allows room to modernize and increase equity with cosmetic improvements. Strong rental footprint in an established neighborhood. Excellent opportunity for buy-and-hold investors seeking long-term rental income or a value-add flip. Tenant occupied. Sold as-is. Cash or conventional financing only.

Highlights

Listed by Troy Fairley , 734-419-4927 and Sonya Fairley , 313-574-1231 eXp Realty, LLC , 888-501-7085.

Property Type

Residential

Lot/Acreage
0.12

Year Built

1941

County

Wayne

School District

Detroit

Listing ID

26007414

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:1
  • Full Bathrooms:1
Appliances:Dishwasher, Disposal, Oven, Refrigerator
Air Cond:Central Air
Fireplaces:Living Room
Floor:Wood
Basement:Michigan Basement
Other:
  • Additional:Master on Main
Water:Public

Exterior Features

Roof:Asphalt,Shingle
Sewer:Public
Parking Features:Garage Faces Front,Detached
Principal Interest
$256
Taxes
$101

Home Price

$115,000

Loan Details

30 yrs
%

Down Payment

20%
$23,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$255.56

Principal

Taxes

Principal Taxes HOA Total
Monthly $255.56 $100.92 $0.00 $356.47
Yearly $3,066.67 $1,211.00 $0.00 $4,277.67
Total $92,000.00 $36,330.00 $0.00 $128,330.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Detroit, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.