3273 Cortland Street Detroit MI 48206 MLS #20261032538

3273 Cortland Street
Detroit, MI, 48206
$260,000
Beds
2 Baths
2,700 SqFt
0.1 Acres
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MLS #20261032538 image #0
Turnkey, fully renovated cash-flowing duplex generating $3,000/month ($36,000 annually) in gross rental income. Offered at $255,000, this investment achieves a 1.18% rent-to-price ratio and an attractive 14.1% gross yield. Nearly every aspect of the property has been updated, including a new roof, windows, luxury vinyl plank flooring, fresh interior and exterior paint, kitchens, bathrooms, plumbing, electrical, and mechanicals—making this a truly turnkey investment. Both units feature spacious layouts with 3 bedrooms and 1 bathroom, filled with natural light, high ceilings, and charming architectural character. Updated kitchens and modern tiled bathrooms provide stylish, move-in ready living. Exterior improvements include new front and rear decks, a newly built 2-car garage, and a fully fenced backyard. Current lease provides immediate cash flow and making this an ideal setup for investors or buyers looking to offset their mortgage. Separate gas and electric meters simplify tenant management. Located on a quiet, well-maintained street near downtown, major hospitals, schools, and amenities, with continued neighborhood reinvestment and strong rental demand supporting long-term value. All major updates have been completed, resulting in zero immediate CapEx needs and allowing an investor to step into day-one cash flow.

Property Details

Price:
$260,000
MLS #:
20261032538
Status:
Active
Beds:
0
Baths:
2
Type:
Single Family
Subtype:
MultiFamily
Subdivision:
LINWOOD HEIGHTS
Neighborhood:
area05043detlivernoisi756gdriver
Listed Date:
May 7, 2026
Finished Sq Ft:
2,700
Year Built:
1924
Short SaleUpperlowerapartmentArea05043detlivernoisi756gdriverArea05043detlivernoisi756gdriverLinwood HeightsDetroitPets Allowed

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Schools

School District:
Detroit

Interior

Above Grade Finished Area
2700
Bathrooms
2 Full Bathrooms
Cooling
Ceiling Fans
Heating
Forced Air, Natural Gas
Laundry Features
Laundry Room
Levels
Two

Exterior

Architectural Style
UpperLowerApartment
Construction Materials
Brick
Exterior Features
Balcony
Fencing
Back Yard
Parking Features
Garage, OnStreet, SharedDriveway
Patio And Porch Features
Covered, Patio, Porch

Financial

Net Operating Income
$32,200
Taxes
$3,261

Map

Community

Subdivisions in Detroit

Market Summary

Current real estate data for Single Family in Detroit as of Jul 15, 2026
3,534
Single Family Listed
124
Avg DOM
94
Avg $ / SqFt
$149,729
Avg List Price

Property Summary

    Located in the LINWOOD HEIGHTS subdivision, 3273 Cortland Street Detroit MI is a Single Family for sale in Detroit, MI, 48206. It is listed for $260,000 and features 0 beds, 2 baths, and has approximately 2,700 square feet of living space, and was originally constructed in 1924. The current price per square foot is $96. The average price per square foot for Single Family listings in Detroit is $94. The average listing price for Single Family in Detroit is $149,729. To schedule a showing of MLS#20261032538 at 3273 Cortland Street in Detroit, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.

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3273 Cortland Street
Detroit, MI