13660 Ohio Street
Detroit, MI 48238

More
Photos »

Tools & Resources:

Description

Current seller has owned and managed property for last 20 years. Turnkey 8-unit investment opportunity in Detroit's desirable Davison–Schoolcraft neighborhood! This well-maintained multifamily property features 100% occupancy with all units updated and leased. Each of the eight units offers 2 bedrooms and 1 full bathroom, currently generating $1,000 per month per unit, providing strong and consistent cash flow from day one.Ideally located just off Interstate 96 for easy access throughout Metro Detroit, and minutes from major area anchors including University of Detroit Mercy, Detroit Golf Club, and nearby hospitals. This location supports stable tenant demand and long-term growth potential.Whether you're expanding your portfolio or securing your first multifamily asset, this is a fully occupied, income-producing property with minimal upfront work needed. Sq.Ft source is Realist. Each unit has it's own furnace. Tenants pay electrical and gas. Landlord pays water. Buyer and BA to verify all info. Basement sq ft is estimated based off total sq ft.

Features

• Property Type: Multi Family Home
• Sub Type: Multi Family Home
• Listing Status: Active
• County/Area: Wayne County
• Zip Code: 48238
• Year Built: 1927
• School District: Detroit
• Basement: Yes
• Lot Size: 12197 sq ft lot
• Zoning: Commercial
• Construction Materials: Brick
• Directions: Schoolcraft and Ohio Street
• Gross Income: 84000
• Heat Source: Natural Gas
• Heating: Forced Air
• Lot Size Area: 0.28
• Lot Size Square Feet: 12196.8
• Lot Size Units: Acres
• Main Type: Multi Family
• Parcel Number: W16I033668S
• Road Frontage: 122
• SEV: 175400
• Street Type: Paved
• Tax Annual Amount: 18932
• Tax Legal Description: E OHIO 118 THRU 116 JOHN M WELCH JRS WYOMING- SCHOOLCRAFT SUB L46 P98 PLATS, W C R 16/338 122.04 IRREG
• Total Approx Sq Ft All Bldgs: 5832
• Total Num Units: 8
• Water Source: Public