7393 Vaughan Street
Detroit, MI, 48228 $ 80,000
Bedrooms3 Baths1.0 Sq 1,100 Monthly Estimate*
$ 505
for $80,000 with 3 bedrooms and 1 full bath. This 1,100 square foot home was built in 1937 on a lot size of 0.12.
It's currently rented at $900 per month (rent is increasing to $1,000) per month Aug 1. Tenant has been here since 2022. Always pays on time, cash tenant. At 7393 Vaughan, Detroit, MI 48228, this 3-bedroom single-family home offers the kind of straightforward, buy-and-hold appeal investors look for: a clean, right-sized footprint, an established rental setup, and day-one income already in place. With tenants paying $900 per month and in place since 2022, this sale positions you to step into an operating property with a proven rent history. Inside, the home provides 1,100 sq ft of living space arranged across 3 bedrooms and 1 bath, creating a layout that supports practical daily living and steady tenant demand. The extra bedroom count adds flexibility for how the space is used, while the overall size stays efficient for easier upkeep and long-term ownership. Whether you are building a portfolio one stable asset at a time or adding another performing door to an existing lineup, the fundamentals here are built around durability and usability. Outside, the 5,411 sq ft lot gives you additional space beyond the interior, adding breathing room and options for how the property functions over time. A lot of this size can support everyday needs like outdoor use and general separation from neighboring structures, while keeping the property manageable for long-term ownership and tenant turnover cycles. For investors who value simplicity, this is the type of Detroit single-family rental that can fit cleanly into a long-range strategy: an established tenant base, consistent monthly rent, and a classic 3-bed configuration that is widely sought after in many rental markets. If you want a property where the story is already written in real rent checks, this one deserves a closer look. Request the details and schedule a showing to confirm the current tenancy and see how 7393 Vaughan can support your next buy-and-hold move.
See more
FeaturesGeneralSewer PublicSewer
Heating ForcedAir NaturalGas
Utilities AboveGroundUtilities
Possession AtClose
Roof Asphalt
Garage Spaces 2.0
Architectural Style Bungalow
Pool Features None
Construction Materials VinylSiding
Year Built 1937
Levels Two
Property Subtype SingleFamilyResidence
County Wayne
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name WALSHS JOHN H WARREN AVE EVERGREEN PARK
Garage Y/N Y
Total Rooms 5
Full Baths 1
Status Active
Directions Take Evergreen to warren avenue west to Vaughan north to property
City DetroitCity_Wayne
Disclosures NoRestrictions TaxesNotHomesteadExempt
Entry Location GroundLevelwSteps
Senior Community Y/N N
High School District Detroit
MLS Area Area05092DetJoyDbnHtGrnfldLimits
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 3586.0
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 18641
Expected Active Date 2026-07-10
Legal Description PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2020. W VAUGHAN 223 E 8 FT OF VAC ALLEY ADJ JOHN H WALSHS WARREN AVE EVERGREEN PAR
See more
InteriorBasement Unfinished
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1100.0
Half Baths 0
Total Bedrooms 3
Above Grade Finished Area Unit Type SquareFeet
Total Baths 1
See more
ExteriorParking Features TwoCarGarage Detached
Water Source Public
Foundation Details Basement Block
Spa N
Lot Dimensions 40X135
Lot Size Acres 0.12
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
See more
* Excluded FeaturesList ByRashad ElabedListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $505
- Monthly Property Taxes
- $299
- 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 $129,960
Percent of Sale Price 62%
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 |
|---|
| 7/10/2026 | $80,000 | | Listed Price |