15003 Forrer Street Detroit, MI $ 173,000
15003 Forrer Street
$ 173,000
Share Save

15003 Forrer Street

Detroit, MI, 48227
$ 173,000
Baths2.0 Sq 2,246

Monthly Estimate*

$ 1,065

15003 Forrer Street, Detroit, MI 48227 - Image 1
15003 Forrer Street, Detroit, MI 48227 - Image 2
15003 Forrer Street, Detroit, MI 48227 - Image 3
15003 Forrer Street, Detroit, MI 48227 - Image 4
15003 Forrer Street, Detroit, MI 48227 - Image 5
15003 Forrer Street, Detroit, MI 48227 - Image 6
15003 Forrer Street, Detroit, MI 48227 - Image 7
15003 Forrer Street, Detroit, MI 48227 - Image 8
Studio

Multi-Family Home for sale in Detroit, MI

for $173,000 with 2 full baths. This 2,246 square foot home was built in 1928 on a lot size of 0.11.

Fully Occupied Two-Family Brick Corner Property – Investor Special! Welcome to 15003 Forrer, a solid brick duplex offering immediate rental income and long-term upside. Both units feature 2 bedrooms, 1 full bath, a spacious living room, formal dining room, and a full kitchen. Each unit also includes a four-seasons bonus room on the rear of the home - perfect for additional storage, office space, or a cozy sitting area. Both tenants are agency tenants. Guaranteed cash flow. Upper & Lower Units Are Both Tenant-Occupied, producing steady income from day one. The property sits on a corner lot with fencing, offering added privacy and curb appeal. Strong rental area with continued demand for multi-family properties. This is an ideal property for: Seasoned investors expanding their portfolio New investors looking to start with an income-producing asset Buyers exploring house hacking while generating rental income Key Highlights: Fully occupied – rent collection begins at closing Brick construction on a corner lot Four-seasons room in both units Separate living & dining rooms in each unit Close to major roads, amenities, and public transit Don't miss this opportunity to secure a cash-flowing multi-family in an appreciating market. Schedule your showing today!

See more

Multi-Family Active

Price

$ 173,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,431

Style

Lot Size

0.11

Year Built

1928

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60952071

Features
General
Heating Forced Air
Possession At Close
Water Public Water
Status Active Active
Full Baths 2
Half Baths 0
Bathrooms 2
Year Built 1928
Subdivision Rugby MI
County Wayne
Class MULTIFAMILY
Type Multi-Family
Net Income 19500
Ownership Private
Municipality Detroit
Sale/Rent For Sale
Status Detail 0
Structure Style 2 Story
Area Detroit (82001)
Primary City Detroit
Directions I-94 west to 696 West take exit 13 to Greenfield turn left turn right on Chalfonte.
City Detroit
School District Detroit City School District
Financial Terms Cash Conventional
Legal Description W FORRER S 34 FT 165 EXC W 8 FT THEREOF RUGBY SUB L29 P75 PLATS WCR 22/18 34 X 142
DOM 81
Postal Code 48227
Price Per Sq Ft Total AG 77.03
Public Remarks Fully Occupied Two-Family Brick Corner Property – Investor Special! Welcome to 15003 Forrer
See more
Interior
Basement Block
Fireplace? No
Total Number of Units 2
Fuel Type Natural Gas
See more
Exterior
Exterior Brick
Lot Size Area 0.11
Lot Dimensions 34X142
Roads Paved Street
Waterfront Y/N No
See more
* Excluded Features
List By
Adrienne Ponce

Listing Agent

Exp Realty Main

Broker

adrienne.ponce@exprealty.com

Email

Affordability Calculator

$1,351
Per Month
79%
21%
0%
Monthly Principal & Interest
$1,065
Monthly Property Taxes
$286
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
759604 Elementary School
760475 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/10/2025$173,000 Listed Price

Map


See all

15003 Forrer Street, Detroit, MI, 48227 is a Multi-Family Home for sale at $173,000 with 2,246 sqft and a lot size of 0.11. 15003 Forrer Street is a studio with 2.0 baths and was built in 1928. The property's zip code is 48227 which is in Detroit, MI