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Listed price in listed location currency (USD).
$110,000

320

MLS® 20261036769

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1080 sqft
Garage 
Taxes $2,267
Days Active 0
Lot Size 
Approx. Age 1936
Avg. Price Per Sqft $101
MLS® Number 20261036769

Property Address: 8897 Hartwell St, Detroit, MI, 48228-2531

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

Description

Turnkey investment opportunity with immediate income already in place. This updated brick property is currently tenant occupied at $1, 400 per month, with a lease secured through October 2026, allowing you to step into cash flow from day one without the time or expense of placing a tenant. At the current rental rate, the property produces $16, 800 annually in gross rental income, delivering an attractive rent-to-price ratio of over 15% gross annual return before expenses. With today’s DSCR lending environment, the existing rental income positions this property well for investors seeking strong debt-service coverage and cash-flow potential. The home itself has been thoughtfully updated to support long-term tenant satisfaction and minimize future capital expenses. Featuring 3 bedrooms and 1.5 baths, the property offers updated flooring, modern finishes, and a clean neutral interior that continues to attract strong rental demand. The functional layout, the modern updates, and the newer roof make this an ideal low-maintenance addition to any portfolio. Whether you’re expanding your portfolio or securing your next reliable rental, this property offers the combination investors are looking for: performing income, secured tenancy, updated condition, and strong rental fundamentals at an appropriate price point.
MLS® Number20261036769
Laundry Level
Central VacNo
FireplaceYes
Acreage
Exterior
Garage
Approx. Age1936
BasementFull, Unfinished
DrivewayNo Garage
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 20, 2026List Date
$110,000List Price

Home Appraisal

This property is estimated to sell between: $106,000 and $112,000.
Similar properties in this area sold on average for: $106,107
Expected to sell in 66 days. Similar properties sold in 66 days. This home has been on eXp Realty for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
8897 Hartwell St, Detroit, MI

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