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15831 Cherrylawn Street Detroit, MI $ 60,000
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$ 60,000 Get more info
15831 Cherrylawn Street
$ 60,000
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15831 Cherrylawn Street

Detroit, MI, 48238
$ 60,000
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.

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Multi-Family Active

Price

$ 60,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 2,204

Style

Bungalow,Duplex

Lot Size

0.09

Year Built

1927

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20251041348
Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Possession SeeRemarks
Garage Spaces 0.0
Architectural Style Bungalow Duplex
Pool Features None
Construction Materials Brick WoodSiding
Pets Allowed SizeLimit Yes
Year Built 1927
Levels Two
Property Subtype MultiFamily
County Wayne
Net Operating Income 14500.0
Operating Expense 3500.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name UNIVERSITY MANOR
Garage Y/N N
Rent Includes Sewer TrashCollection Water
Full Baths 2
Status Active
Directions S of Puritan / E of Wyoming
City DetroitCity_Wayne
Disclosures ProjectedIncome TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Detroit
Zoning Description Residential
Number Of Units Total 2
MLS Area Area05054Det8ToGratiotHoustonTo7
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 2
Land Lease Y/N N
Tax Annual Amount 2204.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 10308
Expected Active Date 2025-09-30
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
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Interior
Basement Unfinished
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1188.0
Half Baths 0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 2
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Exterior
Water Source Public
Foundation Details Basement Block
Spa N
Lot Dimensions 35X113.22
Lot Size Acres 0.09
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 15831
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* Excluded Features
List By
Tonia Archibald

Listing Agent

National Realty Centers, Inc

Broker

(248) 724-1234

Phone

Affordability Calculator

$558
Per Month
67%
33%
0%
Monthly Principal & Interest
$374
Monthly Property Taxes
$184
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.
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Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
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

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