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Homes for sale in Detroit, MI | 12345 Kentucky St, Detroit, MI 48204 1039 | MLS# 60940518
Homes for sale in Detroit, MI | 12345 Kentucky St, Detroit, MI 48204 1039 | MLS# 60940518
2+
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$89,000

  • Beds Icon3 Beds
  • Beds Icon
    1 Bath

    1 full bath

  • Beds Icon1,357sqft

12345 Kentucky St, Detroit, MI 48204 1039

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  • Single Family Residence

  • Built in 1921

  • $-- HOA

  • 3,920.4 sqft lot

  • $66/sq.ft

Description

This Detroit investment property is a solid opportunity for cash flow investors. Featuring 3 bedrooms, 1 bathroom, and 1,300 sq. ft. of living space, the home is already tenant-occupied through Section 8 at $1,224 per month. With an asking price of $89,000, this equates to an attractive ~16.5% gross ROI, making it a strong addition to any rental portfolio. The home offers a practical layout with spacious bedrooms and common areas, and it sits in a stable Detroit neighborhood with access to schools, parks, and major roadways. Reliable rental income is already in place, providing immediate returns from day one.

  • Houzeo last checked: 29 Minutes ago
  • Listing updated: October 9, 2025 at 6:02 pm
  • Listing Provided by: Catina Willis (734) 506-0076 DRE #6502416849 | Next Level Realty & Investments (734) 506-0076
  • Source: MiRealSource MLS-MI | MLS#: 60940518 MiRealSource MLS-MI

Property Details

  • Status

    Active

  • Type

    Single Family Residence

  • No. of Stories

    2

  • County

    Wayne County

  • City

    Detroit

  • Neighborhood

    --

  • Year Built

    1921

  • HOA Fees

    -

  • Finished Area

    1,357 sqft

  • Lot Size

    3,920.4 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    MiRealSource MLS

  • MLS Number

    60940518

  • MLS Status

    Active

  • Days on Market

    83

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