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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FeaturesGeneralSewer PublicSewer
Heating ForcedAir NaturalGas
Possession AtClose
Garage Spaces 0.0
Architectural Style Colonial
Pool Features None
Construction Materials Brick
Pets Allowed CatsOk DogsOk Yes
Year Built 1928
Levels Two
Property Subtype MultiFamily
County Wayne
Net Operating Income 30000.0
Operating Expense 6000.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name SITERLET ESTATE SUB
Garage Y/N N
Rent Includes MaintenanceOnSite Sewer TrashCollection Water
Full Baths 2
Status Active
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 DetroitCity_Wayne
Disclosures NoRestrictions ProjectedIncome TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Detroit
Zoning Description MultiFamily
Number Of Units Total 2
MLS Area Area05042Det6TireGrnfldLivernois
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 2
Land Lease Y/N N
Tax Annual Amount 5217.65
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 59400
Expected Active Date 2026-04-17
Legal Description W APPOLINE 102 SITERLET ESTATES SUB L46 P74 PLATS W C R 22/50 40 X 108
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InteriorBasement Full Unfinished
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 2065.0
Half Baths 0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 2
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ExteriorWater Source Public
Foundation Details Basement Block
Spa N
Lot Dimensions 40X108
Lot Size Acres 0.1
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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* Excluded FeaturesList ByRashad ElabedListing Agent
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.
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/17/2026 | $175,000 | | Listed Price |