2744 Lawrence Street
Detroit, MI, 48206 $ 239,900
Bedrooms3 Baths1.1 Sq 1,406 Monthly Estimate*
$ 1,515
for $239,900 with 3 bedrooms and 1 full bath, 1 half bath. This 1,406 square foot home was built in 1924 on a lot size of 0.1.
ATTENTION INVESTORS! Turnkey cash-flow opportunity at 2744 Lawrence Street, Detroit, MI 48206! This beautifully renovated 3-bedroom, 1.5-bath brick colonial comes with a new tenant already in place, paying $1,800 per month on a 12-month lease that began in July 2026, generating $21,600 in gross annual rental income from day one. Professionally appraised at $259,000 (full report available upon request), this property offers immediate income and long-term value. Recent renovations include a stunning kitchen with granite countertops, new cabinetry, brand-new stove, refrigerator, and dishwasher, new flooring throughout, fresh paint, updated bathrooms, modern lighting, and a new furnace. Additional features include a spacious living room, formal dining room, unfinished attic with future value-add potential, large private backyard, and detached 2-car garage. Ideally located just minutes from Boston-Edison, New Center, Downtown Detroit, major freeways, shopping, restaurants, and entertainment
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FeaturesGeneralSewer Public
Heating Forced Air
Possession Close Of Escrow
Appliances Dishwasher Microwave Range Refrigerator
Garage Spaces 2.0
Architectural Style Colonial
Construction Materials Brick Vinyl Siding
Year Built 1924
Stories Count 2
Township Detroit City
Property Subtype Single Family Residence
Tax Year 2025
Ownership Private Owned
County Wayne
New Construction N
Property Type Residential
Attached Garage N
Subdivision Name J W Lathrups Lawrence & Collingwood Aves
Garage Y/N Y
Total Rooms 6
Full Baths 1
Status Active
City Detroit
High School District Detroit
Lot Size Units Acres
Lot Size Square Feet 4356.0
Carport Y/N N
Listing Terms Cash FHA Conventional
Land Lease Y/N N
Tax Annual Amount 1450.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 13853
Legal Description N LAWRENCE 23 J W LATHRUPS LAWRENCE & COLLINGWOOD AVE SUB L33 P9 PLATS W C R 10/120 35 X 127.25
Senior Community None
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InteriorBasement Full
Flooring Wood
Total Fireplaces 1
Fireplace Features Living Room
Heating Y/N Y
Fireplace Y/N Y
Half Baths 1
Laundry Features In Basement
Total Bedrooms 3
Below Grade Finished Area 0.0
Main Level Bedrooms 0
Total Baths 2
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ExteriorParking Features Detached
Water Source Public
Lot Size Area 0.1
Spa N
Building Area Total 1406.0
Lot Dimensions 35.00X127.00
Lot Size Acres 0.1
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList Bysoldbysotero@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,515
- Monthly Property Taxes
- $121
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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 NearbySingle family listings in Detroit, MI
Average List Price $129,228
Percent of Sale Price 46%
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.
3706345 Elementary School
3706341 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/29/2026 | $239,900 | | Listed Price |