15831 Cherrylawn Street Detroit, MI ^$ 60,000

15831 Cherrylawn Street

^$ 60,000

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15831 Cherrylawn Street

Detroit, MI, 48238

^$ 60,000

Studio Baths2.0 Sq 1,188

Monthly Estimate*

^$ 374

15831 Cherrylawn Street, Detroit, MI 48238 - Image 1

Studio

Multi-Family Home for sale in Detroit, MI

for $60,000 with 2 full baths. This 1,188 square foot home was built in 1927 on a lot size of 0.09.

Cashflowing 2 family flat - great for investors. Recently rennovated Currently occupied. Both units on Month-to-Month leases.

Multi-Family Active

Price

^$ 60,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 2,204

Style

Bungalow

Lot Size

0.09

Year Built

1927

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60941183

Features

General

Heating Forced Air

Possession See Remarks (Possession)

Water Public Water

Status Active Active

Full Baths 2

Half Baths 0

Bathrooms 2

Year Built 1927

Subdivision University Manor MI

Style Bungalow

County Wayne

Class MULTIFAMILY

Type Multi-Family

Net Income 14500

Ownership Private

Municipality Detroit

Zoning Residential

Sale/Rent For Sale

Status Detail 0

Structure Style 2 Story

Area Detroit (82001)

Primary City Detroit

Directions S of Puritan / E of Wyoming

City Detroit

School District Detroit City School District

Financial Terms Cash Conventional FHA

Legal Description W CHERRYLAWN 42 & E 9 FT OF VAC ALLEY ADJ UNIVERSITY MANOR SUB L45 P37 PLATS W C R 16/323 35 X 113.22A

DOM 71

Postal Code 48238

Price Per Sq Ft Total AG 50.51

Public Remarks Cashflowing 2 family flat - great for investors. Recently rennovated Currently occupied. Both units on Month-to-Month leases.

Interior

Basement Block

Fireplace? No

Total Number of Units 2

Fuel Type Natural Gas

Exterior

Exterior Brick Wood

Frontage 30

Lot Size Area 0.09

Lot Dimensions 35X113.22

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Tonia Archibald

Listing Agent

National Realty Centers, Inc

Broker

tonia@greatlakesidg.com

Affordability Calculator

$558

Per Month

Monthly Principal & Interest: $374
Monthly Property Taxes: $184
Monthly Home Insurance: --

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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.

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Nearby

Trends
Schools

Multi-family listings in Detroit, MI

Average List Price ^$230,189

Percent of Sale Price 284%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759604 Elementary School

760475 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/30/2025	$60,000		Listed Price

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15831 Cherrylawn Street, Detroit, MI, 48238 is a Multi-Family Home for sale at $60,000 with 1,188 sqft and a lot size of 0.09. 15831 Cherrylawn Street is a studio with 2.0 baths and was built in 1927. The property's zip code is 48238 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

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15831 Cherrylawn Street

Multi-Family Home for sale in Detroit, MI

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