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Jim Blehm

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

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15003 Forrer St , Detroit, MI 48227
$153,000
Est. Payment: $787.87/mo
0 Bed
2 Bath
0 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

Fully Occupied Two-Family Brick Corner Property – Investor Special!Welcome to 15003 Forrer, a solid brick duplex offering immediate rental income and long-term upside. Both units feature 2 bedrooms, 1 full bath, a spacious living room, formal dining room, and a full kitchen. Each unit also includes a four-seasons bonus room on the rear of the home—perfect for additional storage, office space, or a cozy sitting area. Both tenants are agency tenants. Guaranteed cash flow. Upper & Lower Units Are Both Tenant-Occupied, producing steady income from day one. The property sits on a corner lot with fencing, offering added privacy and curb appeal. Strong rental area with continued demand for multi-family properties.This is an ideal property for:Seasoned investors expanding their portfolioNew investors looking to start with an income-producing assetBuyers exploring house hacking while generating rental incomeKey Highlights:Fully occupied – rent collection begins at closingBrick construction on a corner lotFour-seasons room in both unitsSeparate living & dining rooms in each unitClose to major roads, amenities, and public transitDon’t miss this opportunity to secure a cash-flowing multi-family in an appreciating market. Schedule your showing today!

Highlights

Listed by Adrienne Ponce , 586-339-4870 EXP Realty Main , 888-501-7085. MichRIC

Property Type

Multi-Family

Lot/Acreage
0.11

Year Built

1928

County

Wayne

School District

Detroit

Listing ID

20251052797

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Interior Features

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

Exterior Features

Principal Interest
$788
Taxes
$286

Home Price

$153,000

Loan Details

30 yrs
6.676%

Down Payment

20%
$30,600
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:
$787.87

Principal

Taxes

Principal Taxes HOA Total
Monthly $787.87 $285.92 $0.00 $1,073.79
Yearly $9,454.47 $3,431.00 $0.00 $12,885.47
Total $283,634.16 $102,930.00 $0.00 $386,564.16
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