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.
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FeaturesGeneralHeating Forced Air
Kitchen Level Entry
Possession At Close
Garage Detached Garage
Water Public Water
Status Active Active
Full Baths 1
Half Baths 0
Bathrooms 1
Year Built 1937
Subdivision Walshs John H Warren Ave Evergreen Park MI
Water Heater Gas
Style Bungalow
County Wayne
Class RESIDENTIAL
Type Single Family
Ownership Private
Municipality Detroit
Sale/Rent For Sale
Status Detail 0
Structure Style 2 Story
Area Detroit (82001)
Primary City Detroit
Directions Take Evergreen to warren avenue west to Vaughan north to property
City Detroit
School District Detroit City School District
Financial Terms Cash Conventional
Legal Description
DOM 0
Postal Code 48228
Price Per Sq Ft Total AG 72.73
Public Remarks 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
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InteriorBasement Unfinished
Bedroom 3 Level Entry
Bedroom 1 Level Second
Bedroom 2 Level Entry
Beds 3
Fireplace? No
Total Rooms 6
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ExteriorExterior Vinyl Siding
Frontage 40
Lot Size Area 0.12
Pool (Y/N) No
Lot Dimensions 40X135
Roads Paved Street
Waterfront Y/N No
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* Excluded FeaturesList ByRashad ElabedListing Agent
rashad@detroitexperts.comEmail
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 $130,687
Percent of Sale Price 63%
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 |
|---|
| 7/10/2026 | $80,000 | | Listed Price |