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$ 99,900
Est. payment /mo
Active
15426 Cheyenne Street Detroit, MI 48227
2 Baths
3,484 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20251057469
HOA Y/N true
Year Built 1928
Annual Tax Amount $1,664
Lot Size 3,484 Sqft
Acres 0.08
Lot Dimensions 35X104
Source Realcomp
Property Description
Discover a fantastic investment opportunity with this solid brick duplex located in Detroit's desirable and fast-growing west side. Whether you're an investor looking for immediate income or a homeowner interested in offsetting your mortgage, this property offers flexibility and strong earning potential. The upper one-bedroom, one-bath unit is occupied by an excellent long-term tenant, providing instant rental income. The spacious lower unit features 2 bedrooms and 1 bath, ready for your updates or for securing a new tenant. With a total of 1,566 sqft plus a 895 sqft basement, there's plenty of room to maximize value. Rental demand in this area remains strong, with comparable 2-bedroom units renting for approximately $1,000–$1,200 per month. Residents enjoy convenient access to major roads, public transportation, schools, parks, and shopping—making this location appealing for both renters and owner-occupants. Fireplace is decorative only. Please do not disturb the tenant. Showings for the lower unit are available, and access to the upper unit will be provided upon an accepted offer. Don't miss your chance to own a well-maintained duplex with immediate income potential in an up-and-coming Detroit neighborhood!
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Residential
Direction E of Southfield / S of 8 Mile
Interior
Heating Forced Air
Exterior
Amenities Available Pets Allowed
View Y/N No
Building
Water Public
Structure Type Aluminum Siding,Brick
Schools
School District Detroit
Others
Tax ID W22I025864S
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Listed by KW Professionals