12735 Lawton St, Detroit, MI, 48238
About This Home
**Turnkey Investment Opportunity – 9-Property Portfolio in Growing Detroit Market** Don’t miss this rare opportunity to acquire a fully renovated portfolio of nine single-family homes, each offering 2 bedrooms, 1 bathroom, wood burning fireplace in each unit, with additional attic and basement space—ideal for added storage or future value potential. All properties were extensively renovated in 2024, featuring brand-new plumbing, electrical systems, flooring, roofs, furnaces, and hot water tanks, providing peace of mind and minimal maintenance for years to come. The kitchens have been completely updated with new flooring, cabinets, countertops, and appliances, while bathrooms include all new fixtures, delivering a clean, updated look tenants will love. This package also includes a vacant lot (2921 Glendale), currently used for tenant parking, adding convenience and increased rental appeal. Portfolio includes: 2901, 2903, 2907, 2911, 2915, 2919, 2921 (vacant lot) Glendale 12741, 12745 Lawton. All properties are lead certified and in compliance, making this a truly turnkey investment. Perfect for investors looking to scale quickly with a stabilized, updated rental portfolio. Important Details: Property rooms/room sizes are estimated and should be verified by the buyer or buyer’s agent. A processing fee of 495.00 is required to be paid to the listing broker at closing. The buyer will receive a clean title, warranty deed, and title insurance for added peace of mind. Don’t miss this opportunity schedule your showing today. All properties are occupied, please do not disturb the tenants.
Getting Around
Somewhat Walkable
Good Transit
BikeableSchools
Construction
Condition
- Year built: 1925
Materials
- Foundation: Basement,Brick Mortar
- Construction materials: Brick
Notable Dates
- Major remodel year: 2024
Type & Style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subType: Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Partially Finished
Bedrooms & Bathrooms
- Bedrooms: 18
- Bathrooms: 1
- Full bathrooms: 9
Features
- Finished area below ground: 250
- Finished area above ground: 1,108
Heating
- Heating features: Forced Air,Natural Gas
Interior Area
- Total interior livable area: 1,358 sqft
Property
Details
- Parcel number: W12I006368S004
- Zoning description: Residential
- Special condition: Short Sale No,Standard
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Lot size: 871.20 sqft
- Lot size dimensions: 17.33 x 48
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
- Heat Wave
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Wayne County and Michigan
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,879 | $58,548 |
| Home Insurance * | $2,974 | $35,688 |
| Property Taxes | $1,182 | $14,184 |
| Electricity | $188 | $2,259 |
| Total | $9,223 | $110,676 |
Income You'd Need if You Spent...
Michigan FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-16 | Listed for sale | $965,000 |
| 2026-01-02 | Listing removed | $1,050 |
| 2025-12-09 | Price change | $1,050 |
| 2025-12-02 | Listed for rent | $1,150 |
| 2024-11-25 | Listing removed | $995 |
| 2024-10-04 | Listed for rent | $995 |
| 2022-10-07 | Sold | $4,000 |
| 2022-04-11 | Pending sale | $6,666 |
| 2022-03-16 | Listed for sale | $6,666 |
| 2022-01-11 | Listing removed | -- |
| 2021-09-23 | Listed for sale | $6,666 |
| 2008-03-19 | Sold | $500 |
| 2006-12-26 | Sold | $46,083 |
| 2005-01-14 | Sold | $53,000 |
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