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$210,000

For Sale

16 days ago

15500 Cruse St, Detroit, MI

House

MLS® 20261023241

0 Bed

2 Bath

2782 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 2782 sqft
Garage 
Taxes $3,211
Days Active 15
Lot Size 
Approx. Age 1919
Avg. Price Per Sqft $75
MLS® Number 20261023241

Property Address: 15500 Cruse St, Detroit, MI, 48227-3276

Average square foot calculated using Size range provided by listing agent.

Description

Fully renovated in 2024, this turnkey duplex offers immediate cash flow with significant upside in a strong rental market. The property features a highly desirable unit mix with one 4-bedroom unit and one 3-bedroom unit, catering to larger households and voucher tenants. Both units are currently occupied, generating $2, 100/month ($1, 100 + $1, 000), providing in-place income from day one. Where this deal gets interesting is the upside. 3-bedroom units in the area are renting for approximately $1, 250–$1, 400/month, while 4-bedroom units are achieving $1, 600–$1, 700/month. This creates a clear path to increase rents to $2, 900–$3, 100+/month, offering a strong value-add opportunity without additional major renovations.
MLS® Number20261023241
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1919
BasementPartial, Unfinished
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 8, 2026List Date
$210,000List Price
Oct 1, 2024End Date
$120,000Sold Price

Sold

Jul 25, 2024List Date
$159,900List Price
  • Commute

Commute

Starting Address
Destination Address
15500 Cruse St, Detroit, MI

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