15853 Washburn Street Detroit, MI ^$ 139,000

15853 Washburn Street

^$ 139,000

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15853 Washburn Street

Detroit, MI, 48238

^$ 139,000

Studio Baths2.0 Sq 2,429

Monthly Estimate*

^$ 856

15853 Washburn Street, Detroit, MI 48238 - Image 1

15853 Washburn Street, Detroit, MI 48238 - Image 2

15853 Washburn Street, Detroit, MI 48238 - Image 3

15853 Washburn Street, Detroit, MI 48238 - Image 4

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15853 Washburn Street, Detroit, MI 48238 - Image 8

15853 Washburn Street, Detroit, MI 48238 - Image 9

Studio

Multi-Family Home for sale in Detroit, MI

for $139,000 with 2 full baths. This 2,429 square foot home was built in 1928 on a lot size of 0.1.

Sprawling Investment Multi-Family property located just South of Puritan Ave and West of Wyoming Ave. The lower unit is currently tenant occupied with a monthly rent of 995 per month, security deposit of 1000. Tenant is in a lease from 5/4/26 - 5/3/27. The upper unit is currently vacant! Each unit features spacious living room, formal dining room, large kitchens, three bedrooms and one bathroom. There is a shared unfinished basement. This would make a great addition to your investment portfolio as it is already cash flowing with a new tenant! PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.

Multi-Family Active

Price

^$ 139,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 6,709

Style

Colonial

Lot Size

0.1

Year Built

1928

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

61004417

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 1928

Subdivision Dyers St Marys MI

Style Colonial

County Wayne

Class MULTIFAMILY

Type Multi-Family

Net Income 0

Ownership Private

Municipality Detroit

Zoning Residential

Sale/Rent For Sale

Status Detail 0

Structure Style 2 Story

Area Detroit (82001)

Primary City Detroit

Directions Half block South of Puritan Ave and one block West of Wyoming Ave

City Detroit

School District Detroit City School District

Financial Terms Cash

Legal Description W WASHBURN 55 & E 9 FT OF VAC ALLEY ADJ DYERS ST MARYS SUB L46 P68 PLATS W C R 16/334 36 X 117

DOM 0

Postal Code 48238

Price Per Sq Ft Total AG 57.23

Public Remarks Sprawling Investment Multi-Family property located just South of Puritan Ave and West of Wyoming Ave. The lower unit is currently tenant occupied with a monthly rent of 995 per month

Interior

Basement Block

Fireplace? No

Total Number of Units 2

Fuel Type Natural Gas

Exterior

Exterior Brick

Exterior Amenities Porch

Frontage 36

Lot Size Area 0.1

Lot Dimensions 36X117

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Mark Hutter

Listing Agent

Detroit Investment Company

Broker

rmiller@detpro.com

Affordability Calculator

$1,415

Per Month

Monthly Principal & Interest: $856
Monthly Property Taxes: $559
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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 ^$271,954

Percent of Sale Price 96%

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
6/21/2026	$139,000		Listed Price

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15853 Washburn Street, Detroit, MI, 48238 is a Multi-Family Home for sale at $139,000 with 2,429 sqft and a lot size of 0.1. 15853 Washburn Street is a studio with 2.0 baths and was built in 1928. The property's zip code is 48238 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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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15853 Washburn Street

Multi-Family Home for sale in Detroit, MI

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