15340 Ward Avenue Detroit, MI ^$ 125,000

15340 Ward Avenue

^$ 125,000

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15340 Ward Avenue

Detroit, MI, 48227

^$ 125,000

Studio Baths2.0 Sq 1,926

Monthly Estimate*

^$ 789

15340 Ward Avenue, Detroit, MI 48227 - Image 1

Studio

Multi-Family Home for sale in Detroit, MI

for $125,000 with 2 full baths. This 1,926 square foot home was built in 1929 on a lot size of 0.11.

Investment opportunity at 15340 Ward Ave! This brick two-family property features two occupied units, each offering 2 bedrooms and 1 bathroom. Both units are currently rented at $850 per month, providing $1,700 in total monthly rental income. The property features a classic brick exterior, separate upper and lower units, and a convenient Detroit location near Fenkell Avenue with easy access to major roads and nearby amenities. Great opportunity to add an income-producing property to a rental portfolio. Buyer and buyer's agent to verify all information, measurements, rental information, and property details. PLEASE DO NOT DISTURB TENANTS

Multi-Family Active

Price

^$ 125,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 3,971

Style

Lot Size

0.11

Year Built

1929

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

61024927

Features

General

Heating Forced Air

Possession Subject To Tenant Rights

Water Public Water

Status Active Active

Full Baths 2

Half Baths 0

Bathrooms 2

Year Built 1929

Subdivision College Crest Sub 1Plats MI

County Wayne

Class MULTIFAMILY

Type Multi-Family

Net Income 13000

Ownership Private

Municipality Detroit

Zoning Residential

Sale/Rent For Sale

Status Detail 0

Structure Style 2 Story

Area Detroit (82001)

Primary City Detroit

Directions Fenkell Ave to Ward Ave north on Ward to property.

City Detroit

School District Detroit City School District

Financial Terms Cash Conventional

Legal Description E WARD 334 AND W 9 FT OF VAC ALLEY ADJ COLLEGE CREST SUB NO 1 L50 P13 PLATS W C R 22/146 37 X 133

DOM 1

Postal Code 48227

Price Per Sq Ft Total AG 64.9

Public Remarks Investment opportunity at 15340 Ward Ave! This brick two-family property features two occupied units each offering 2 bedrooms and 1 bathroom. Both units are currently rented at $850 per month

Interior

Basement Block

Fireplace? No

Total Number of Units 2

Fuel Type Natural Gas

Exterior

Exterior Brick

Lot Size Area 0.11

Lot Dimensions 37X133

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Tonia Archibald

Listing Agent

National Realty Centers, Inc

Broker

tonia@greatlakesidg.com

Affordability Calculator

$1,120

Per Month

Monthly Principal & Interest: $789
Monthly Property Taxes: $331
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 ^$252,014

Percent of Sale Price 102%

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
8/27/2026	$125,000		Listed Price

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15340 Ward Avenue, Detroit, MI, 48227 is a Multi-Family Home for sale at $125,000 with 1,926 sqft and a lot size of 0.11. 15340 Ward Avenue is a studio with 2.0 baths and was built in 1929. 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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15340 Ward Avenue

Multi-Family Home for sale in Detroit, MI

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