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$139,000
3 Beds
2 Baths
1,131 SqFt
0.08 Acre Lot
3,485 Sqft Lot
Status Active
Property Type Single Family Residence
Price Type
Year Built 1938
Neighborhood
Days on Website 268

Property Map

$139,000 – 14564 Terry Street, Detroit, MI 48227

Street View

Courtesy of 3DX Real Estate, LLC, Roxana Yeh.

Description

Calling all investors! Fully TURNKEY opportunity and a great addition to your investment portfolio! Fully certified by the City of Detroit, rented, meeting all Section 8 standards, and a ROI of 12.02%. Property features a 3 bedroom 2 bathrooms, Section 8 tenant on a yearly lease with a rent of $1,600/month. Seller has other similar properties for sale. Please submit your offers to ryeh@3dxrealestate.com with POF/Preapproval Letter. Seller and agent are related.

Property Details and Features

Basement

  • Basement: “Michigan Basement”

Bathrooms

  • 2 full bathrooms
  • 2 total bathrooms

Bedrooms

  • 3 total bedrooms

Building

  • Building Area Total: 1,131
  • Construction Materials: “Brick”
  • Living Area: 1,131
  • Year Built: 1938
  • 2 stories

Heating

  • Heating: “Forced Air”
  • Heating Included

Laundry

  • Features: “Gas Dryer Hookup”, “Sink”, “Washer Hookup”

Listing

  • Listing Contract Date: 2024-11-19
  • Listing Id: 24060164
  • Listing Terms: “Cash”, “FHA”, “VA Loan”, “Conventional”
  • Mls Status: Active
  • Modification Timestamp: 2025-08-03 13:10:04
  • On Market Date: 2025-07-15
  • Price Change Timestamp: 2025-05-17 13:48:23
  • Standard Status: Active
  • Status Change Timestamp: 2025-07-15 20:07:44
  • 247 days on market

Location

  • City: Detroit
  • State Or Province: MI
  • County Or Parish: Wayne
  • Postal Code: 48227
  • MLS Area Major: Wayne County – 100
  • MLS Area Minor: Wayne County – 100

Lot

  • 0.08 acres
  • Area: 0.08
  • Dimensions: 35.00 x 100.00
  • 3,485 square feet

Property

  • Parcel Number: W22I042989S
  • Property Sub Type: Single Family Residence

Additional Rooms

  • Rooms Total: 8

Schools

  • Middle Or Junior School District: Detroit

Sewer

  • Sewer: “Public”

Taxes

  • Annual Amount: $2,322
  • Tax Year: 2024

Utilities

  • Water Source: “Public”