15852 Washburn Street Detroit MI 48238 MLS #20251010764

15852 Washburn Street
Detroit, MI, 48238
$160,000
Beds
2 Baths
2,398 SqFt
0.09 Acres
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Investor alert! 15852 Washburn St is a solid brick duplex delivering strong rental potential and an impressive cap rate for buy-and-hold investors seeking cash flow from day one. Featuring nearly 2,000 sq ft of total living space, this two-unit property offers classic hardwood floors, generous room sizes, and separate entrances — making it ideal for dual tenancy or a live-in owner setup. The exterior has been freshly painted, and the property is secured and primed for rehab or tenant placement. Located just minutes from major corridors, freeways, and commercial hubs, it benefits from steady rental demand and increasing area development. Whether you’re new to real estate or scaling your portfolio, this opportunity checks the right boxes: location, layout, and cash-on-cash return. It’s rare to find a multifamily property in this condition and location with such high income potential and a favorable entry point. Don’t miss your chance to lock in solid passive income and long-term equity growth — schedule your showing today and make your move on Washburn!

Property Details

Price:
$160,000
MLS #:
20251010764
Status:
Active
Beds:
0
Baths:
2
Address:
15852 Washburn Street
Type:
Single Family
Subtype:
Multi Family
Subdivision:
DYERS ST MARYS
Neighborhood:
05042 – Det 6-Tire – Grnfld – Livernois
City:
Detroit
Listed Date:
Jun 27, 2025
State:
MI
Finished Sq Ft:
2,398
ZIP:
48238
Year Built:
1929
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I’m a first-generation American with Italian roots. My journey combines family, real estate, and the American dream. Raised in a loving home, I embraced my Italian heritage and studied in Italy before returning to the US. As a mother of four, married for 30 years, my joy is family time. Real estate runs in my blood, inspired by my parents’ success in the industry. I earned my real estate license at 18, learned from a mentor at Century 21, and continued to grow at Remax. In 2022, I became the…

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Schools

School District:
Detroit

Interior

Bathrooms
2 Full Bathrooms
Cooling
Ceiling Fans, Central Air
Heating
Forced Air, Natural Gas
Laundry Features
Gas Dryer Hookup, Laundry Room, Washer Hookup

Exterior

Architectural Style
Cape Cod, Colonial
Community Features
Sidewalks
Construction Materials
Brick
Exterior Features
Chimney Caps, Lighting
Parking Features
Garage, Lighted, On Street, Unassigned
Roof
Asphalt

Financial

Net Operating Income
$9,999
Taxes
$4,437

Map

Community

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15852 Washburn Street
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