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Jim Blehm

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

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13300 La Salle Boulevard , Detroit, MI 48238
$155,000
Est. Payment: $344.44/mo
0 Bed
2 Bath
0 Sqft
Status: Pending | Days on site: 102
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338536 - 417241
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House Description

A true turnkey duplex offering immediate cash flow, strong rental history, and long-term upside. Perfect for investors looking to expand their portfolio or buyers interested in house-hacking and building wealth through real estate.Each unit features 3 bedrooms and 1 bathroom, with updated living spaces, newer mechanicals, and a newer roof for added peace of mind. The lower unit has been occupied by a long-term Section 8 tenant since August 2023 with an excellent payment history. The current contract rent is $1,420 per month, with the tenant paying $358 and Section 8 covering the remaining balance. The tenant also pays gas and electricity and has never missed a payment, consistently paying 24 to 48 hours early.The upper unit is fully renovated, vacant, and move-in ready. It was previously rented for $1,470 per month before becoming vacant in March 2026.The property offers approximately $2,890 per month, or $34,680 annually, in potential gross rental income. Investors can benefit from immediate income, while owner-occupants can live in the renovated upper unit and use the lower unit’s rental income to help offset their monthly housing expenses.Located in an area experiencing continued development and investment, this property offers both dependable cash flow today and strong potential for future appreciation.

Highlights

Listed by Elijah Cook , 313-694-6970 KW Metro , 248-288-3500.

Property Type

Multi-Family

Lot/Acreage
0.1

Year Built

1929

County

Wayne

School District

Detroit

Listing ID

20261040922

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:2
  • Full Bathrooms:

Exterior Features

Principal Interest
$344
Taxes
$396

Home Price

$155,000

Loan Details

30 yrs
%

Down Payment

20%
$31,000
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Monthly Price:
$344.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $344.44 $396.08 $0.00 $740.53
Yearly $4,133.33 $4,753.00 $0.00 $8,886.33
Total $124,000.00 $142,590.00 $0.00 $266,590.00

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.