15501 Appoline Street
Detroit, MI, 48227 $ 175,000
Baths2.0 Sq 2,065 Monthly Estimate*
$ 1,078
Studio for $175,000 with 2 full baths. This 2,065 square foot home was built in 1928 on a lot size of 0.1.
Own a cash-flowing multi-family home in Detroit with both units already rented Section 8 at $1,500 per month each, for $3,000 total monthly rent. 15501 APPOLINE, Detroit, MI 48227 is positioned for buy-and-hold investors who want day-one income paired with meaningful system updates and finishes that support long-term performance. Inside, you get 4 bedrooms and 2 bathrooms across 2,045 sq ft, configured as two large 2-bedroom units. Each unit features updated kitchens and baths, newer vinyl windows throughout, brand new carpet, and fresh paint, creating a clean, consistent look that holds up well in everyday living. Behind the walls, major improvements include updated electrical, new PEX plumbing, a new furnace, and a new hot water tank, giving you a stronger baseline for ownership and reducing the need for immediate capital projects. The 4,312 sq ft lot adds practical outdoor space with a fenced yard that supports privacy and flexibility for tenant use. With utilities included in rent, water, gas, and electric are already built into the operating structure, providing a straightforward, all-in monthly payment for residents and a clear rent figure for your projections. If you are looking for a Detroit duplex-style rental with current occupancy, $3,000 per month in gross rent, and a solid slate of interior and mechanical updates, schedule a showing and request the full details on 15501 APPOLINE.
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FeaturesGeneralHeating Forced Air
Possession At Close
Water Public Water
Status Active Active
Full Baths 2
Half Baths 0
Bathrooms 2
Year Built 1928
Subdivision Siterlet Estate Sub MI
Style Colonial
County Wayne
Class MULTIFAMILY
Type Multi-Family
Net Income 30000
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 Ft Turn Right Onto Wyoming Ave 0.1 Mi Turn Right Onto Fenkell Ave Pass By Little Caesars Pizza (On The Right In 0.5 Mi) 0.5 Mi Turn Right Onto Appoline St Destination Will Be On The Left
City Detroit
School District Detroit City School District
Financial Terms Cash Conventional
Legal Description W APPOLINE 102 SITERLET ESTATES SUB L46 P74 PLATS W C R 22/50 40 X 108
DOM 0
Postal Code 48227
Price Per Sq Ft Total AG 84.75
Public Remarks Own a cash-flowing multi-family home in Detroit with both units already rented Section 8 at $1 500 per month each for $3 000 total monthly rent. 15501 APPOLINE Detroit
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InteriorBasement Block
Fireplace? No
Total Number of Units 2
Fuel Type Natural Gas
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ExteriorExterior Brick
Lot Size Area 0.1
Lot Dimensions 40X108
Roads Paved Street
Waterfront Y/N No
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* Excluded FeaturesList ByRashad ElabedListing Agent
rashad@detroitexperts.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,078
- Monthly Property Taxes
- $435
- 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 NearbyMulti-family listings in Detroit, MI
Average List Price $263,808
Percent of Sale Price 51%
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 |
|---|
| 4/17/2026 | $175,000 | | Listed Price |