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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FeaturesGeneralHeating Forced Air
Kitchen Level Main
Garage Detached Garage
Water Public Water
Appliances Dishwasher Microwave Range/Oven Refrigerator
Status Active Active
Full Baths 1
Half Baths 1
Bathrooms 2
Year Built 1924
Water Heater Gas
County Wayne
Class RESIDENTIAL
Type Single Family
Municipality Detroit
New Construction Y/N No
Subdivision MI
Sale/Rent For Sale
Status Detail 0
Structure Style 2 Story
Area Detroit (82001)
Primary City Detroit
City Detroit
School District Detroit City School District
Financial Terms Cash Conventional FHA
Legal Description N LAWRENCE 23 J W LATHRUPS LAWRENCE & COLLINGWOOD AVE SUB L33 P9 PLATS W C R 10/120 35 X 127.25
DOM 60
Postal Code 48206
Price Per Sq Ft Total AG 170.63
Public Remarks 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
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ExteriorExterior Brick Vinyl Siding
Frontage 30
Lot Size Area 0.1
Pool (Y/N) No
Lot Dimensions 35.00X127.00
Roads City/County Paved Street
Waterfront Y/N No
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InteriorBedroom 3 Level Upper
Bedroom 2 Level Upper
Beds 3
Total Rooms 6
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* Excluded FeaturesList BySotero LopezListing Agent
soldbysotero@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 $130,796
Percent of Sale Price 45%
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 |
|---|
| 5/29/2026 | $239,900 | | Listed Price |