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Street View
$59,900
Monthly Est:$298
2 Beds
1 Bath1 full bath
704sqft
20250 Meyers Rd, Detroit, MI 48235
$59,900
$298/moEst:
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Single Family Residence
Built in 1942
$-- HOA
0.08 acre lot
$85/sq.ft
Description
Investor opportunity in Detroit! This tenant-occupied, 2-bedroom, 1-bath brick residence, representing one side of a duplex, offers an opportunity to expand your investment portfolio with an existing income-producing property. Currently generating $950 in monthly rental income, the property produces $11,400 in annual gross rent. With an asking price of $59,900, the current rental income represents a 19.03% gross annual rental yield before operating expenses.
The residence features hardwood flooring, a functional kitchen with ample cabinetry and counter space, and a full basement offering additional storage and usable space. Conveniently situated near 8 Mile Road, major freeways, shopping, and neighborhood amenities, the property offers accessibility within an established Detroit neighborhood.
Whether you're an experienced investor seeking to expand your rental portfolio or purchasing your first income-producing property, this offering presents an opportunity to acquire an established rental investment at an accessible price point.
- Houzeo last checked: 2 hours ago
- Listing updated: November 2, 2026 at 3:11 pm
- Listing Provided by: Timika Burley (734) 444-4498 | National Realty Centers, Inc (248) 468-1444
- Source: Realcomp MLS-MI | MLS#: 20261088265
- Originating MLS: Realcomp II Ltd
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
-
County
City
Neighborhood
Year Built
1942
HOA Fees
-
Finished Area
704 sqft
Lot Size
0.08 acre lot
Basement Area
- sqft
MLS Name
Realcomp MLS
MLS Number
20261088265
MLS Status
Active
Days on Market
1
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 2
Bathroom: 1
Interior
Heating
Energystar Qualified Furnace Equipment, Forced Air, Natural Gas
Sewer
Public Sewer
Construction
Year Built
Year Built: 1942
Home type
Single Family Residence
Foundation Details
Basement, Block
Architectural Style
Ranch, Townhouse
Construction Materials
Brick
Utilities & Energy
Parking Features
Driveway, No Garage
Water Source
Public
Basement
Unfinished
Pool Features
None
Other Features
Disclosures
Taxes Not Homestead Exempt
Subdivision Name
Blackstone Park 6 Page 9 1 & 92
Price History
| Date | Event | Price |
|---|---|---|
11/02/2026 Source: | Listed for Sale | $59,900 $85/sqft |
Pembroke Ranks #115 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 02, 2026, 02:15PM. 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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