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Street View
$275,000
Monthly Est:$1,369
-- Bed
4 Baths4 full baths
3,658sqft
12769 Meyers Rd, Detroit, MI 48227
$275,000
$1,369/moEst:
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Multi Family
Built in 1925
$-- HOA
0.19 acre lot
$75/sq.ft
Description
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 to $3,950/month ($47,400/year). All tenants pay cash and have a consistent on-time payment history, with low turnover across the building. Major capital items have been addressed, including a newer furnace, roof, windows, and hot water tank, and the vacant unit has been freshly painted with new carpet and is move-in ready. A private, fenced backyard and separate utilities per unit round out this stabilized, cash-flowing addition to any rental portfolio.
- Houzeo last checked: 1 minute ago
- Listing updated: November 9, 2026 at 12:40 pm
- Listing Provided by: Nicholas M Zeoli (248) 860-3268 , Mohamad Kahala | Real Broker, LLC (855) 450-0442
- Source: Realcomp MLS-MI | MLS#: 20261055120
- Originating MLS: Realcomp II Ltd
This condo is in:
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1925
HOA Fees
-
Finished Area
3,658 sqft
Lot Size
0.19 acre lot
Basement Area
- sqft
MLS Name
Realcomp MLS
MLS Number
20261055120
MLS Status
Active
Days on Market
116
Cumulative Days on Market
116
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathrooms: 4
Interior
Cooling
Central Air, Separate Meters, Window Units
Interior Features
Entrance Foyer
Sewer
Public Sewer
Heating
Forced Air, Natural Gas
Construction
Year Built
Year Built: 1925
Home type
Multi Family
Architectural Style
Colonial
Roof
Asphalt
Construction Materials
Brick
Foundation Details
Basement, Poured
Utilities & Energy
Basement
Common, Private Storage Locker, Unfinished
Water Source
Public
Pool Features
None
Parking Features
On Street
Electric
Circuit Breakers
Laundry Features
In Unit
Other Features
Subdivision Name
John M Welchs Mayview Sub 2
Disclosures
Actual Income, Annual Property Operating Data Not Available, Legal Rental Certified, Exclusions Do Not Exist, No Restrictions, Taxes Not Homestead Exempt
Price History
| Date | Event | Price |
|---|---|---|
07/16/2026 Source: | Off Market | $275,000 $75/sqft |
07/16/2026 Source: | Listed for Sale | $275,000 +685.71% $75/sqft |
06/30/2025 Source: | Listing Removed | $35,000 -84.96% $10/sqft |
06/30/2025 Source: | Sold | $232,650 +27270.59% $64/sqft |
12/16/2024 Source: | Off Market | $850 -99.55% $0/sqft |
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Grand River-I96 Ranks #59 in Detroit, MI
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Based on information from the Board/Association of REALTORS® (alternatively, from the Realcomp II Ltd. MLS) through Nov 10, 2026, 04:15PM. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified. IDX provided courtesy of Realcomp II Ltd. via Andover Real Estate & Houzeo, Copyright 2026 Realcomp II Ltd. Shareholders Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX information is provided exclusively for consumers' personal, noncommercial 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. Listing Information presented by local MLS brokerage: Andover Real Estate, local REALTOR®- Scott Rubin - (248)206-3666 . Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. © 2024 Realcomp II Ltd. MLS. All Rights Reserved.
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