12769 Meyers Road Detroit, MI $ 275,000
12769 Meyers Road
$ 275,000
Recently Listed
Share Save

12769 Meyers Road

Detroit, MI, 48227
$ 275,000
Bedrooms8 Baths4.0 Sq 3,658

Monthly Estimate*

$ 1,736

12769 Meyers Road, Detroit, MI 48227 - Image 1

Multi-Family Home for sale in Detroit, MI

for $275,000 with 8 bedrooms and 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.

See more

Multi-Family Active

Price

$ 275,000

Bedrooms

8

Full Bath

4

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

20261055120

Features
Interior
Interior Amenities EntranceFoyer
Basement Common PrivateStorageLocker Unfinished
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 3658.0
Half Baths 0
Laundry Features InUnit
Above Grade Finished Area Unit Type SquareFeet
Total Baths 4
See more
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Cooling CentralAir SeparateMeters WindowUnits
Possession AtClose
Roof Asphalt
Garage Spaces 0.0
Architectural Style Colonial
Pool Features None
Construction Materials Brick
Exclusions Exclusion(s) Do Not Exist
Pets Allowed SizeLimit Yes
Year Built 1925
Electric CircuitBreakers
Levels Two
Property Subtype MultiFamily
County Wayne
Net Operating Income 27900.0
Operating Expense 7500.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name JOHN M WELCHS MAYVIEW SUB 2
Garage Y/N N
Rent Includes MaintenanceOffSite SnowRemoval TrashCollection
Full Baths 4
Status Active
Directions S off Jeffries
City DetroitCity_Wayne
Disclosures ActualIncome AnnualPropertyOperatingDataNotAvailable LegalRentalCertified ExclusionsDoNotExist NoRestrictions TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Detroit
Zoning Description MultiFamily
Number Of Units Total 4
MLS Area Area05042Det6TireGrnfldLivernois
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 3
Land Lease Y/N N
Tax Annual Amount 4492.0
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 34229
Expected Active Date 2026-07-16
Legal Description W MEYERS 167&166 JOHN M WELCHS MAYVIEW SUB NO 2 L33 P28 PLATS W C R 22/64 70 X 115
See more
Exterior
Fencing BackYard Fenced
Parking Features OnStreet
Water Source Public
Foundation Details Basement Poured
Spa N
Lot Dimensions 70X115
Lot Size Acres 0.19
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
Internal Only
Street Number 1 12769
See more
* Excluded Features
List By
Nicholas M Zeoli

Listing Agent

Real Broker, Llc

Broker

(248) 860-3268

Phone

Affordability Calculator

$2,111
Per Month
82%
18%
0%
Monthly Principal & Interest
$1,736
Monthly Property Taxes
$374
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

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/17/2026$275,000 Listed Price

Map


See all

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 has 8 bedrooms, 4.0 baths, and was built in 1925. The property's zip code is 48227 which is in Detroit, MI