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13660 Ohio St, Detroit, MI, 48238

16beds
8baths
5,832sqft
$675,000
$116price/sqft
$6,955/moest. monthly cost
$278,200/yrincome needed

About This Home

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. Some of the mls information is based on another address as theirs was no PRD for subject address.

Getting Around

27
WalkingCar-Dependent
42
TransitSome Transit
41
BikeSomewhat Bikeable

Schools

3/10
4/10

Construction

Condition

  • Year built: 1927

Materials

  • Foundation: Basement,Brick Mortar
  • Construction materials: Brick

Type & Style

  • Home type: Townhouse
  • Architectural style: Townhouse
  • Property subType: Townhouse

Interior

Basement

  • Has basement: Yes
  • Basement: Private,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 16
  • Bathrooms: 8
  • Full bathrooms: 8

Features

  • Finished area above ground: 5,832

Heating

  • Heating features: Forced Air,Natural Gas

Interior Area

  • Total interior livable area: 5,832 sqft

Property

Details

  • Parcel number: W16I033668S
  • Zoning description: Commercial
  • Special condition: Short Sale No,Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None

Lot

  • Lot size: 0.28 Acres
  • Lot size dimensions: 122 x 100

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Strong Wind
Tornado
Tsunami

FEMA Declared Disasters in Wayne County and Michigan

Flood
Severe Ice Storm
Severe Storm
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,413$40,956
Home Insurance *$2,080$24,960
Property Taxes $826$9,912
Electricity $636$7,633
Total$6,955$83,460
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$238,457/yr
40% on housing$208,650/yr
45% on housing$185,466/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.0%
9.0%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.8%
0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$116This listing

vs Other Active Listings

Avg $/sqft

ZIP 48238$57
Wayne County$99

vs Homes Sold Last Month

Median $/sqft

ZIP 48238$59
Wayne County$129

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-24Price change$675,000
2026-04-16Listed for sale$725,000

For Sale by Agent

AgentJames T Silver
BrokerageKeller Williams Somerset

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