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Key Details
Sold Price $167,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 20261019823
Sold Date 05/27/26
HOA Y/N true
Year Built 1928
Annual Tax Amount $6,671
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 41X126
Source Realcomp
Property Description
Turnkey income-producing 2-bedroom duplex located at 14433 Mansfield in Detroit. This property features two well-maintained units with strong rental performance and stable tenant occupancy.The upper unit is currently tenant-occupied with a cash-paying tenant at $1,250/month, plus an additional $75/month water contribution. The lower unit is leased through Section 8 at $1,350/month, also with a $75/month water contribution, providing consistent and reliable income.This is an excellent opportunity for investors seeking immediate cash flow with a mix of private pay and government-backed rental income. Both units contribute to a solid revenue stream with minimal vacancy risk.Disclosure: Property is currently in a redemption period through September 26, 2026. Buyer to conduct due diligence and understand timeline and conditions associated with redemption status.Great addition to any rental portfolio with built-in income from day one.
Location
State MI
County Wayne
Zoning Multi-Family,Residential
Direction I-96 to Greenfield Greenfield to Grand River Grand River to Mansfield
Interior
Heating Radiant
Exterior
Amenities Available Pets Allowed
View Y/N No
Building
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W22I057785S
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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