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1st image of 5056 Devonshire Rd, Detroit, MI 48224 | MLS# 60990839
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$200,000

  • Beds Icon-- Bed
  • Beds Icon
    2 Baths

    2 full baths

  • Beds Icon2,392sqft

5056 Devonshire Rd, Detroit, MI 48224

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  • Duplex

  • Built in 1941

  • $-- HOA

  • 4,791.6 sqft lot

  • $84/sq.ft

Description

Turnkey multifamily investment opportunity generating strong cash flow in a high-demand rental market. This income-producing property is currently tenant occupied with a Section 8 tenant paying $2,300/month, offering immediate and reliable rental income for investors. Estimated 13% cap rate makes this an attractive addition to any rental portfolio. Property offers solid income potential with stable occupancy and low vacancy risk. Ideal for both seasoned investors and buyers looking to expand their cash-flowing assets. Conveniently located near major roads, shopping, schools, and public transportation. Do not disturb tenant. Proof of funds required prior to showing or rele...

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  • Houzeo last checked: 17 minutes ago
  • Listing updated: July 7, 2026 at 12:45 am
  • Listing Provided by: Samar Taha (313) 888-7653 DRE #6501426070 | Sonic Realty LLC (313) 484-4696
  • Source: MiRealSource MLS-MI | MLS#: 60990839 MiRealSource MLS-MI

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    2

  • County

    Wayne County

  • City

    Detroit

  • Neighborhood

    Morningside

  • Year Built

    1941

  • HOA Fees

    -

  • Finished Area

    2,392 sqft

  • Lot Size

    4,791.6 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    MiRealSource MLS

  • MLS Number

    60990839

  • MLS Status

    Active

  • Days on Market

    84

  • Cumulative Days on Market

    61

Data provided by Redfin

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