3273 Cortland Street
Detroit, MI, 48206 $ 250,000
Bedrooms6 Baths2.0 Sq 2,700 Monthly Estimate*
$ 1,579
for $250,000 with 6 bedrooms and 2 full baths. This 2,700 square foot home was built in 1924 on a lot size of 0.1.
Completely renovated duplex and ready for its next owner, 3273 Cortland offers two spacious 3-bedroom, 1-bath units with projected rental potential of up to $3,100/month - an impressive combination of condition, income potential, and flexibility for both investors and owner-occupants. Extensively renovated in 2024, nearly every aspect of the property has been updated, including a new roof, new windows, updated kitchens and bathrooms, luxury vinyl plank flooring, fresh interior and exterior paint, and updated plumbing, electrical, and mechanicals. Outside, the improvements continue with new front and rear decks, a fully fenced backyard, and a newly built 2-car garage. Separate gas and electric meters help simplify tenant management. For investors, projected rents of up to $3,100/month provide $37,200 in potential annual gross income and the potential for an approximately 12% cap rate based on projected rents and estimated expenses at the current asking price. Both units are currently vacant, giving the next owner control from day one - select your own tenants and establish new leases, or occupy one unit and rent the other to help offset your housing costs. Conveniently located near Henry Ford Hospital, Wayne State University, Midtown, the Motown Museum, Downtown Detroit, major roads, schools, and area amenities. With the major renovations already completed, strong projected rental potential, and two fully available units, 3273 Cortland is ready for an investor to put to work or an owner-occupant to call home. Schedule your private showing today. BATVAI. No Seller-Financing or Land Contract offers will be presented to the seller. Video and audio recording may be in place.
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FeaturesGeneralHeating Forced Air
Cooling Ceiling Fan(s)
Possession At Close
Fireplaces LivRoom Fireplace
Garage Detached Garage
Water None
Appliances Range/Oven Refrigerator
Status Active Active
Full Baths 2
Half Baths 0
Bathrooms 2
Year Built 1924
Pets Allowed Yes
Subdivision Linwood Heights MI
Style Colonial Other
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 Travel South on Dexter make a left on Cortland
City Detroit
School District Detroit City School District
Financial Terms Cash Conventional FHA VA
Legal Description S CORTLAND 553 LINWOOD HEIGHTS SUB L35 P6 PLATS W C R 12/201 35 X 120.50
DOM 0
Postal Code 48206
Price Per Sq Ft Total AG 92.59
Public Remarks Completely renovated duplex and ready for its next owner 3273 Cortland offers two spacious 3-bedroom 1-bath units with projected rental potential of up to $3
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InteriorBasement Partially Finished
Bedroom 3 Level Entry
Bedroom 1 Level Entry
Bedroom 2 Level Entry
Beds 6
Fireplace? Yes
Total Rooms 8
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ExteriorExterior Brick
Exterior Amenities Exterior Balcony Deck Fenced Yard Patio Porch
Frontage 35
Lot Size Area 0.1
Pool (Y/N) No
Lot Dimensions 35X120.5
Roads Paved Street
Waterfront Y/N No
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* Excluded FeaturesList Byjaynaimrealtor@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,579
- Monthly Property Taxes
- $303
- 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 $131,126
Percent of Sale Price 48%
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 |
|---|
| 8/25/2026 | $250,000 | | Listed Price |