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15003 Forrer St, Detroit, MI, 48227

4beds
2baths
2,246sqft
$153,000
$68price/sqft
$1,751/moest. monthly cost
$70,040/yrincome needed

About This Home

Fully Occupied Two-Family Brick Corner Property – Investor Special! Welcome to 15003 Forrer, a solid brick duplex offering immediate rental income and long-term upside. Both units feature 2 bedrooms, 1 full bath, a spacious living room, formal dining room, and a full kitchen. Each unit also includes a four-seasons bonus room on the rear of the home—perfect for additional storage, office space, or a cozy sitting area. Both tenants are agency tenants. Guaranteed cash flow. Upper & Lower Units Are Both Tenant-Occupied, producing steady income from day one. The property sits on a corner lot with fencing, offering added privacy and curb appeal. Strong rental area with continued demand for multi-family properties. This is an ideal property for: Seasoned investors expanding their portfolio New investors looking to start with an income-producing asset Buyers exploring house hacking while generating rental income Key Highlights: Fully occupied – rent collection begins at closing Brick construction on a corner lot Four-seasons room in both units Separate living & dining rooms in each unit Close to major roads, amenities, and public transit Don’t miss this opportunity to secure a cash-flowing multi-family in an appreciating market. Schedule your showing today!

Getting Around

71
WalkingVery Walkable
52
TransitGood Transit
41
BikeSomewhat Bikeable

Schools

5/10
Edison Elementary SchoolGrades PK-50.6 mi
4/10
DPSCD Virtual SchoolGrades K-120.2 mi
3/10
Cody High SchoolGrades 9-122.8 mi

Construction

Condition

  • Year built: 1928

Materials

  • Foundation: Basement,Block
  • Roof: Asphalt
  • Construction materials: Brick

Notable Dates

  • Major remodel year: 2024

Type & Style

  • Home type: MultiFamily
  • Architectural style: Duplex
  • Property subType: Duplex

Interior

Basement

  • Has basement: Yes
  • Basement: Full,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Finished area above ground: 2,246

Heating

  • Heating features: Forced Air,Natural Gas

Interior Area

  • Total interior livable area: 2,246 sqft

Property

Details

  • Parcel number: W22I054471S
  • Zoning description: MultiFamily, Residential
  • Special condition: Short Sale No,Standard

Features

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

Lot

  • Lot size: 4,791 sqft
  • Lot size dimensions: 34 x 142

Parking

  • Total spaces: 2