5061 Hillsboro Street Detroit MI 48204 MLS #20261003938

5061 Hillsboro Street
Detroit, MI, 48204
$195,000
Beds
2 Baths
2,558 SqFt
0.09 Acres
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MLS #20261003938 image #0
Income-Producing Brick Duplex | Section 8 | Turnkey

Solid brick duplex featuring two spacious 3-bedroom, 1-bath units, one on each level. Each unit includes its own private basement with separate laundry, offering convenience and strong tenant appeal.

Both units are currently rented, generating a combined monthly income of $2,800. One unit is occupied by a Section 8 tenant, providing stable, government-backed income, while the second unit is leased to a standard cash tenant, creating a balanced and diversified rental stream.

This is a true turnkey asset with extensive 2024–2025 upgrades, keeping CAPEX reserves in your pocket, not in the property. Nearly everything a new owner would typically worry about has already been addressed:

-Updated kitchens in both units (2025)
-Updated bathrooms in both units (2025)
-New windows in the lower unit (2025)
-Fresh paint throughout the entire building (2025)
-New water lines (2024)
-New electrical lines (2024)

Separate utilities, functional layout, and strong rental history make this an ideal opportunity for investors seeking immediate cash flow. Also well-suited for owner-occupants looking to offset or potentially eliminate their mortgage with rental income.

Property Details

Price:
$195,000
MLS #:
20261003938
Status:
Active
Beds:
0
Baths:
2
Type:
Single Family
Subtype:
Multi Family
Subdivision:
MORE THAN ONE SUB INVOLVED
Neighborhood:
05101detsouthofgrandriver
Listed Date:
Jan 19, 2026
Finished Sq Ft:
2,558
Year Built:
1924
Short SaleDuplex05101 – Det South Of Grand River05101detsouthofgrandriverMore Than One Sub InvolvedDetroitPets Allowed

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Schools

School District:
Detroit

Interior

Bathrooms
2 Full Bathrooms
Heating
Forced Air, Natural Gas

Exterior

Architectural Style
Duplex
Construction Materials
Brick

Financial

Net Operating Income
$33,600
Taxes
$2,959

Map

Community

Market Summary

Current real estate data for Single Family in Detroit as of Mar 07, 2026
3,039
Single Family Listed
120
Avg DOM
82
Avg $ / SqFt
$145,969
Avg List Price

Property Summary

    Located in the MORE THAN ONE SUB INVOLVED subdivision, 5061 Hillsboro Street Detroit MI is a Single Family for sale in Detroit, MI, 48204. It is listed for $195,000 and features 0 beds, 2 baths, and has approximately 2,558 square feet of living space, and was originally constructed in 1924. The current price per square foot is $76. The average price per square foot for Single Family listings in Detroit is $82. The average listing price for Single Family in Detroit is $145,969. To schedule a showing of MLS#20261003938 at 5061 Hillsboro Street in Detroit, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.

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