$139,900
15852 washburn street, dearborn, MI 48238
Property Description
Investor alert! 15852 Washburn St is a solid brick duplex delivering strong rental potential and an impressive cap rate for buy-and-hold investors seeking cash flow from day one. Featuring nearly 2,000 sq ft of total living space, this two-unit property offers classic hardwood floors, generous room sizes, and separate entrances — making it ideal for dual tenancy or a live-in owner setup. The exterior has been freshly painted, and the property is secured and primed for rehab or tenant placement. Located just minutes from major corridors, freeways, and commercial hubs, it benefits from steady rental demand and increasing area development. Whether you’re new to real estate or scaling your portfolio, this opportunity checks the right boxes: location, layout, and cash-on-cash return. It’s rare to find a multifamily property in this condition and location with such high income potential and a favorable entry point. Don’t miss your chance to lock in solid passive income and long-term equity g
General Information
Price: $139,900
Price/SqFt: $70
Status: Active
MLS#: 20251010764
City: detroit
Post Office: dearborn
Schools: detroit
County: Wayne
Subdivision: dyers st marys
Acres: 0.09
Lot Dimensions: 36X106
Bedrooms:0
Bathrooms:2 (2 full, 0 half)
Size: 1,998 sq.ft.
Acreage: 0.09 est.
Year Built: 1929
Property Type: Multifamily
Style: 2 Story
Features & Room Sizes
Exterior: Brick
Basement: 1
Cooling: Ceiling Fan(s),Central Air
Heating: Forced Air
Cooling: Ceiling Fan(s),Central Air
Heating: Forced Air
Tax, Fees & Legal
Est. Summer Taxes: $1,882
Est. Winter Taxes: $2,555
Est. Winter Taxes: $2,555
Map

IDX provided courtesy of Realcomp II Ltd. via American Associates, Inc. REALTORS and , ©2025 Realcomp II Ltd. Shareholders Listing By: Fadi Dabaja of EXP Realty Main, Phone: (888) 501-7085