15818 Cherrylawn Street Detroit, MI ^$ 49,900

15818 Cherrylawn Street

^$ 49,900

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15818 Cherrylawn Street

Detroit, MI, 48238

^$ 49,900

Studio Baths2.0 Sq 1,420

Monthly Estimate*

^$ 311

15818 Cherrylawn Street, Detroit, MI 48238 - Image 1

Studio

Multi-Family Home for sale in Detroit, MI

for $49,900 with 2 full baths. This 1,420 square foot home was built in 1927 on a lot size of 0.08.

INVESTOR SPECIAL! BRICK MULTI-FAMILY OPPORTUNITY IN DETROIT'S WEST SIDE. THIS 2-UNIT DUPLEX FEATURES A 2 BED 1 BATH UNIT AND A 1 BED 1 BATH UNIT! PROPERTY REQUIRES A FULL RENOVATION - IDEAL FOR SEASONED INVESTORS OR REHABBERS LOOKING TO ADD VALUE. BRICK EXTERIOR WITH SEPARATE ENTRANCES, LARGE ROOMS WITH NATURAL LIGHT, A DECENT SIZED UNFINISHED BASEMENT, AND A 1 CAR DETACHED GARAGE! THIS PROPERTY HAS EXCELLENT POTENTIAL FOR LONG-TERM CASH FLOW OR FUTURE RESALE. AS IS SALE. ALL DATA IS APPROXIMATE, BUYERS AGENT TO VERIFY ALL INFORMATION. HOLD HARMLESS MUST BE SIGNED PRIOR TO SHOWING.

Multi-Family Active

Price

^$ 49,900

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 2,035

Style

Lot Size

0.08

Year Built

1927

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60957362

Features

General

Heating Forced Air

Possession At Close

Water Public Water

Status Active Active

Full Baths 2

Half Baths 0

Bathrooms 2

Year Built 1927

Subdivision University Manor MI

County Wayne

Class MULTIFAMILY

Type Multi-Family

Net Income 0

Ownership Private

Municipality Detroit

Zoning Multi-Family

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

Legal Description E CHERRYLAWN 81 UNIVERSITY MANOR SUB L45 P37 PLATS W C R 16/323 35 X 100

DOM 1

Postal Code 48238

Price Per Sq Ft Total AG 35.14

Public Remarks

Exterior

Exterior Brick

Lot Size Area 0.08

Lot Dimensions 35X100

Roads Paved Street

Waterfront Y/N No

Interior

Fireplace? No

Total Number of Units 2

Fuel Type Natural Gas

* Excluded Features

List By

Tim Muflihi

Listing Agent

Re/Max Team 2000

Broker

tmuf@ymail.com

Affordability Calculator

$481

Per Month

Monthly Principal & Interest: $311
Monthly Property Taxes: $170
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Multi-family listings in Detroit, MI

Average List Price ^$237,392

Percent of Sale Price 376%

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
12/5/2025	$49,900		Listed Price

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15818 Cherrylawn Street, Detroit, MI, 48238 is a Multi-Family Home for sale at $49,900 with 1,420 sqft and a lot size of 0.08. 15818 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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15818 Cherrylawn Street

Multi-Family Home for sale in Detroit, MI

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