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Multifamily
Property Photo

12769 Meyers Road

Detroit, MI 48227
Square Ft.
3,658
$275,000
Turnkey 4-unit investment opportunity in Detroit, 3 of 4 units currently occupied. All four units are identical 2-bedroom/1-bath layouts - two leased at $1,000/month, one at $950/month, and the fourth in the process of being leased at $1,000/month and set to be occupied prior to closing, bringing total gross rent… Read MoreRead Less
Provided through IDX through Realcomp II Ltd. Courtesy of Real Broker, LLC, (855) 450-0442
Listing Snapshot
Days Online
44
Last Updated
Property Type
Multifamily
Square Ft.
3,658
Lot Size
0.19 Acres
Year Built
1925
MLS Number
20261055120

Source: Home Junction

30 Days Snapshot Of 48227
$68k
-27%
(avg) sold price
26
-18%
homes sold
84
-12%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Basement
Unfinished, Common, Private Storage Locker, Basement?: 1
Building
4 total units, 3 leased units, 4 two-bedroom units, Built in 1925, Remodelled in 2026, Architectural style: Colonial, Brick, 3,658 total square feet, 3,658 combined square feet, 1,829 total basement square feet, Unit count: 4
Cooling
Central Air, Separate Meter, Window Unit(s)
Exterior Features
Fenced
Fireplaces
Fireplace?: 0
Foundation
Basement
Garage
Garage?: 0
Water Features
Natural Gas, Public (Municipal)
Heating
Forced Air, Natural Gas
Interior Features
Circuit Breakers, Entrance Foyer, Laundry Facility
Lot
Lot size area: 0.19, Lot size dimensions: 70X115
Miscellaneous
Gross scheduled income: $35,400, Income projection: Actual, Monthly rental income: $2,950, Net operating income: $27,900, Operating expense: $7,500
Pool
Pool?: 0
Property
Property type: Multifamily
Taxes
Tax amount (summer): $2,782, Tax amount (winter): $1,710
Sewer
Sewer (Sewer-Sanitary)
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Source: Home Junction

Monthly Payment
$0
Future Davis
Associate Broker
Agent profile image

Schools In The Area

Source: Home Junction
Check out nearby schools with ratings and contact info.
Noble Elementary-Middle School 313-873-0377 Public PK-8
Central Academy and High School 313-252-3000 Public 9-12
Noble Elementary-Middle School 313-873-0377 Public PK-8
Noble Elementary-Middle School 313-873-0377 Public PK-8
Noble Elementary-Middle School 313-873-0377 Public PK-8
Central Academy and High School 313-252-3000 Public 9-12

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IDX provided courtesy of Realcomp II Ltd., via eXp Realty and Future Davis, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

IDX provided courtesy of Realcomp II Ltd., via eXp Realty and Future Davis, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.