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 $2,700. 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:
MultiFamily
Subdivision:
MORE THAN ONE SUB INVOLVED
Neighborhood:
area05101detsouthofgrandriver
Listed Date:
Jan 19, 2026
Finished Sq Ft:
2,558
Year Built:
1924
Short SaleDuplexArea05101detsouthofgrandriverArea05101detsouthofgrandriverMore Than One Sub InvolvedDetroitPets Allowed

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Schools

School District:
Detroit

Interior

Above Grade Finished Area
2558
Bathrooms
2 Full Bathrooms
Heating
Forced Air, Natural Gas
Levels
Two

Exterior

Architectural Style
Duplex
Construction Materials
Brick

Financial

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

Map

Community

Subdivisions in Detroit

Market Summary

Current real estate data for Single Family in Detroit as of Apr 22, 2026
3,233
Single Family Listed
123
Avg DOM
85
Avg $ / SqFt
$151,668
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 $85. The average listing price for Single Family in Detroit is $151,668. 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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Detroit, MI