9521 Brace Street
Detroit, MI, 48228 $ 72,900
Bedrooms2 Baths1.0 Sq 941 Monthly Estimate*
$ 455
for $72,900 with 2 bedrooms and 1 full bath. This 941 square foot condo was built in 1954 on a lot size of 0.04.
Turn-Key Cash-Flow Machine in Detroitâs Steady Rental Market â 9521 Brace Street, Detroit, MI 48228 Investors, hereâs the hassle-free income property youâve been searching for â one thatâs already working hard for its next owner. This solid brick duplex unit comes with an outstanding tenant who has faithfully paid $1,100 on time every month for nearly two years and shows no signs of leaving. Thatâs $13,200 in dependable gross annual revenue starting the day you close â zero vacancy, zero rehab, just pure cash flow from the moment the keys are yours. The home itself is a clean, move-in-ready 2-bedroom, 1-bath layout spanning 941 sq ft, thoughtfully updated in 2017 with fresh, modern finishes that still shine. Beautiful hardwood floors flow throughout, natural light pours into the open living spaces, and a private basement delivers bonus storage or future value-add potential. Separate utilities keep your carrying costs low â the tenant pays their own gas and electric. Location couldnât be stronger: directly across from Cody High School in the heart of the Franklin Park neighborhood, where teachers, hospital staff, and families create constant rental demand. Quick access to I-96, Southfield Freeway, major employers, and everyday shopping makes this spot a renterâs favorite year after year. As a condominiumized unit, you own only this income-producing side while enjoying the benefits of duplex living without the full-building headaches. Ideal for expanding your portfolio, 1031 exchanges, or anyone who wants truly passive income backed by a proven nearly-two-year payment history. Clean, tenanted, updated, and already profitable â opportunities this turn-key donât come around often. Contact us today for rent rolls, lease details, and your private showing. Serious investors only â 9521 Brace Street is ready to start padding your bottom line immediately. Donât let this one slip away!
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FeaturesGeneralHeating Forced Air
Kitchen Level Main
Possession At Close
Water Public Water
Status Active Active
Full Baths 1
Half Baths 0
Bathrooms 1
Year Built 1954
Pets Allowed No
Subdivision Wayne County Condo Plan 71 Allens Woods MI
Style Colonial
County Wayne
Class RESIDENTIAL
Type Condominium
Ownership Private
Municipality Detroit
Sale/Rent For Sale
Status Detail 0
Structure Style 2 Story
Area Detroit (82001)
Primary City Detroit
Directions S of Evergreen / W of Chic
City Detroit
School District Detroit City School District
Financial Terms Cash Conventional FHA VA
Legal Description
DOM 133
Postal Code 48228
Price Per Sq Ft Total AG 77.47
Public Remarks Turn-Key Cash-Flow Machine in Detroitâs Steady Rental Market â 9521 Brace Street Detroit MI 48228 Investors
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InteriorDining Room Level Main
Bedroom 1 Level Upper
Bedroom 2 Level Upper
Beds 2
Fireplace? No
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ExteriorExterior Brick
Lot Size Area 0.04
Pool (Y/N) No
Waterfront Y/N No
Frontage Type Road
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* Excluded FeaturesList BySotero Lopez IIListing Agent
soldbysotero@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $455
- Monthly Property Taxes
- $170
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCondo listings in Detroit, MI
Average List Price $328,178
Percent of Sale Price 350%
About Detroit, MI 633,657 Population
-33% Since 2002
$ 26,977 Median Income
36.23 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
759604 Elementary School
760475 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/6/2025 | $72,900 | | Listed Price |