15853 Washburn St, Detroit, MI, 48238
About This Home
Sprawling Investment Multi-Family property located just South of Puritan Ave and West of Wyoming Ave. The lower unit is currently tenant occupied with a monthly rent of 995 per month, security deposit of 1000. Tenant is in a lease from 5/4/26 - 5/3/27. The upper unit is currently vacant! Each unit features spacious living room, formal dining room, large kitchens, three bedrooms and one bathroom. There is a shared unfinished basement. This would make a great addition to your investment portfolio as it is already cash flowing with a new tenant! PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.
Getting Around
Somewhat Walkable
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1928
Materials
- Foundation: Basement,Block
- Construction materials: Brick
Type & Style
- Home type: MultiFamily
- Architectural style: Colonial,Upper Lower Apartment
- Property subType: Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Unfinished
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Features
- Finished area above ground: 2,429
Heating
- Heating features: Forced Air,Natural Gas
Interior Area
- Total interior livable area: 2,429 sqft
Property
Details
- Parcel number: W16I039730S
- Zoning description: Residential
- Special condition: Short Sale No,Standard
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Patio & porch: Porch
Lot
- Lot size: 4,356 sqft
- Lot size dimensions: 36 x 117
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
- 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 | $702 | $8,424 |
| Home Insurance * | $428 | $5,136 |
| Property Taxes | $170 | $2,040 |
| Electricity | $264 | $3,179 |
| Total | $1,564 | $18,768 |
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)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-13 | Price change | $135,000 |
| 2026-07-16 | Listed for sale | $139,000 |
| 2026-07-09 | Pending sale | $139,000 |
| 2026-06-21 | Listed for sale | $139,000 |
| 2022-08-12 | Sold | $150,000 |
| 2022-04-28 | Sold | $12,500 |
| 2006-02-08 | Sold | $110,000 |
| 2002-09-25 | Sold | $80,000 |
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