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Jim Blehm

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

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1229 S Deacon St , Detroit, MI 48217
$75,000
Est. Payment: $386.21/mo
2 Bed
2 Bath
1410 Sqft
Status: active | Days on site: 88
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Jim Blehm
Team Owner, Realtor®

House Description

Great investment opportunity in Detroit’s 48217 zip code, near the River Rouge border. This tenant-occupied ranch offers 2 bedrooms, 2 full bathrooms, a finished basement with additional bonus rooms, and a spacious 2-car detached garage. The property features vinyl siding, vinyl windows, hardwood floors, and a functional layout with extra usable space in the basement. Currently generating rental income, making this a solid option for investors looking for cash flow in a reputable Detroit location. Conveniently located near major roads, shopping, schools, and commuter routes. Tenant-occupied property. 24-hour notice required for all showings. Please do not approach or disturb tenant. Property is currently generating 1,200/month in rental income. Tenant pays gas and electricity. Seller currently pays the water bill. Property sold as-is. Licensed agent must be physically present for all showings. Submit offers with proof of funds or pre-approval. Property will be vacant at closing.

Highlights

Listed by Renzo Delzo , 248-579-7704 New Era Real Estate LLC , 855-639-3720. MichRIC

Property Type

Residential

Lot/Acreage
0.13

Year Built

1955

County

Wayne

School District

Detroit

Listing ID

20261031680

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:2
  • Full Bathrooms:2
Other:Basement Finished,Master on Main
Other:Public

Exterior Features

Sewer:Public
Parking Features:Detached
Principal Interest
$386
Taxes
$108

Home Price

$75,000

Loan Details

30 yrs
6.676%

Down Payment

20%
$15,000
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:
$386.21

Principal

Taxes

Principal Taxes HOA Total
Monthly $386.21 $107.67 $0.00 $493.88
Yearly $4,634.55 $1,292.00 $0.00 $5,926.55
Total $139,036.35 $38,760.00 $0.00 $177,796.35
Lender profile image
Brian Belinger
Loan Originator
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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.

Information provided by Southwestern Michigan Regional Information Center, LLC and is deemed reliable but not guaranteed accurate.

Data last updated: 2026-08-03T01:53:30.000Z

© 2026 MichRIC