$87,499
Detroit, MI 48213
MLS# 26026604
4 beds | 2 baths | 2335 sqft
1 / 11
Property Description
Come get a piece of Detroit's booming real estate market that offers strong cash flow returns. This single family property is currently renting at $1600 a month and presents a turn key cash flow opportunity for any investor looking for a sustainable cap rate. Schedule your showing today! This one won't last long. DO NOT APPROACH HOME WITHOUT AN AGENT APPROVED SHOWING. DO NOT DISTURB TENANTS.
Details
Location & Property Info
Cross Streets: E Outer Dr. and Dickerson
Property Sub-Type: Single Family Residence
Municipality: Detroit City
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 37.47
General Property Info
New Construction: No
Lot Dimensions: 80x40
Road Frontage: 30
Garage Y/N: No
Fireplace: Yes
Total Fireplaces: 1
Waterfront: No
Income Property: Yes
Basement: Yes
Total Rooms AG: 9
Total Fin SqFt All Levels: 2335
SqFt Above Grade: 2335
Below Grade Finished SqFt: 0
Below Grade Unfinished SqFt: 1000
Building Total SqFt: 2335
Total Beds Above Grade: 4
Main Level Primary: Yes
Stories: 2
School District: Detroit
Association YN: No
Lot Measurement: Acres
Lot Acres: 0.13
Lot Square Footage: 5663
Year Built: 1928
Total Bedrooms: 4
Full Baths: 2
Total Baths: 2
Tax Info
Taxable Value: 33883
SEV: 45900
For Tax Year: 2025
Seller's Annual Property Tax: 3000
Tax Year: 2025
Homestead %: 0
Spec Assessment & Type: n/a
Tax ID #: 21008393.
Remarks & Misc
Public Remarks: Come get a piece of Detroit's booming real estate market that offers strong cash flow returns.
This single family property is currently renting at $1600 a month and presents a turn key cash flow opportunity for any investor looking for a sustainable cap rate.
Schedule your showing today! This one won't last long.
DO NOT APPROACH HOME WITHOUT AN AGENT APPROVED SHOWING. DO NOT DISTURB TENANTS.
Legal: S WILSHIRE 421 STEVENS ESTATE SUB NO 1 L45 P29 PLATS, W C R 21/672 39 X 150
Sewer
Public Sewer: 1
Water
Public: 1
Terms Available
Cash: 1
Conventional: 1
Laundry Features
In Basement: 1
Exterior Material
Brick: 1
Roofing
Asphalt: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Radiant: 1
Access Feat
Accessibility Features: No
Upper Rooms
Upper Bedrooms: 2
Upper Full Baths: 1
Upper Level Square Feet: 1150
Total Baths Above Grade: 2
Main Rooms
Main Bedrooms: 2
Main Full Baths: 1
Main Level SQFT: 1150
Lower Rooms
Lower Finished SQFT: 0
Total Lower SQFT: 1000
Basement Rooms
Basement Finished SQFT: 0
Total Basement SQFT: 1000
Substructure
Michigan Basement: 1
Architectural Style
Colonial: 1
Possession
Close Of Escrow: 1
Subject To Tenant Rights: 1
Location Property Info
County: Wayne
Street #: 12798
Street Name: Wilshire
Suffix: Drive
State: MI
Zip Code: 48213
Zip (4): 1852
OfficeContract Info
Status: Active
List Price: $87,499
Current Price: $87,499
Listing Date: 2026-05-18
Remarks Misc
Directions: East on 94 exit at Gratiot. Go Northeast on Gratiot turn right on Outer Dr. Turn right on Dickerson and right on Wilshire.
Property Features
Laundry Features: In Basement
Exterior Material: Brick
Roofing: Asphalt
Substructure: Michigan Basement
Sewer: Public Sewer
Water: Public
Heat Source: Natural Gas
Heat Type: Radiant
Architectural Style: Colonial
Terms Available: Cash; Conventional
Possession: Close Of Escrow; Subject To Tenant Rights
Sale Conditions: None
Room Information
| Room Name | Length | Width | Level | Remarks |
| Living Room | 15.00 | 8.00 | Main | estimate sq ft |
| Dining Room | 12.00 | 12.00 | Main | estimate sq ft |
| Kitchen | 14.00 | 8.00 | estimate sq ft | |
| Primary Bathroom | 12.00 | 6.00 | estimate sq ft | |
| Bedroom 3 | 8.00 | 8.00 | estimate sq ft | |
| Bedroom 4 | 10.00 | 10.00 | estimate sq ft | |
| Primary Bedroom | 16.00 | 12.00 | estimate sq ft | |
| Bedroom 2 | 12.00 | 12.00 | estimate sq ft | |
| Bathroom 1 | 10.00 | 8.00 | estimate sq ft |
Listing Office: River Shore Realty, LLC
Listing Agent: Justin Johnson
Last Updated: June - 03 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.