12769 Meyers Road Detroit, MI ^$ 275,000

12769 Meyers Road

^$ 275,000

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12769 Meyers Road

Detroit, MI, 48227

^$ 275,000

Studio Baths4.0 Sq 3,658

Monthly Estimate*

^$ 1,736

12769 Meyers Road, Detroit, MI 48227 - Image 1

Studio

Multi-Family Home for sale in Detroit, MI

for $275,000 with 4 full baths. This 3,658 square foot home was built in 1925 on a lot size of 0.19.

Turnkey 4-unit investment opportunity in Detroit, 3 of 4 units currently occupied. All four units are identical 2-bedroom/1-bath layouts -- two leased at $1,000/month, one at $950/month, and the fourth in the process of being leased at $1,000/month and set to be occupied prior to closing, bringing total gross rent to $3,950/month ($47,400/year). All tenants pay cash and have a consistent on-time payment history, with low turnover across the building. Major capital items have been addressed, including a newer furnace, roof, windows, and hot water tank, and the vacant unit has been freshly painted with new carpet and is move-in ready. A private, fenced backyard and separate utilities per unit round out this stabilized, cash-flowing addition to any rental portfolio.

Multi-Family Active

Price

^$ 275,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 4,492

Style

Colonial

Lot Size

0.19

Year Built

1925

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

61012160

Features

General

Heating Forced Air

Cooling Central A/C Window Unit(s)

Possession At Close

Water Public Water

Status Active Active

Full Baths 4

Half Baths 0

Bathrooms 4

Year Built 1925

Parking On Street

Subdivision John M Welchs Mayview Sub 2 MI

Water Heater Gas

Style Colonial

County Wayne

Class MULTIFAMILY

Type Multi-Family

Net Income 27900

Ownership Private

Municipality Detroit

Zoning Multi-Family

Sale/Rent For Sale

Status Detail 0

Structure Style 2 Story

Area Detroit (82001)

Primary City Detroit

Directions S off Jeffries

City Detroit

School District Detroit City School District

Financial Terms Cash Conventional FHA

Legal Description W MEYERS 167&166 JOHN M WELCHS MAYVIEW SUB NO 2 L33 P28 PLATS W C R 22/64 70 X 115

DOM 1

Postal Code 48227

Price Per Sq Ft Total AG 75.18

Public Remarks Turnkey 4-unit investment opportunity in Detroit 3 of 4 units currently occupied. All four units are identical 2-bedroom/1-bath layouts -- two leased at $1 000/month one at $950/month

Interior

Basement Common Poured

Fireplace? No

Total Number of Units 4

Fuel Type Natural Gas

Exterior

Exterior Brick

Exterior Amenities Fenced Yard

Frontage 70

Lot Size Area 0.19

Lot Dimensions 70X115

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Nicholas Zeoli

Listing Agent

Real Broker, Llc

Broker

nick@zeolirealty.com

Affordability Calculator

$2,111

Per Month

Monthly Principal & Interest: $1,736
Monthly Property Taxes: $374
Monthly Home Insurance: --

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Yearly 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.

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Nearby

Trends
Schools

Multi-family listings in Detroit, MI

Average List Price ^$266,657

Percent of Sale Price 3%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759604 Elementary School

760475 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/17/2026	$275,000		Listed Price

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12769 Meyers Road, Detroit, MI, 48227 is a Multi-Family Home for sale at $275,000 with 3,658 sqft and a lot size of 0.19. 12769 Meyers Road is a studio with 4.0 baths and was built in 1925. The property's zip code is 48227 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

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12769 Meyers Road

Multi-Family Home for sale in Detroit, MI

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