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Listed price in listed location currency (USD).
$125,000

320

MLS® 20251059204

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 2282 sqft
Garage Yes
Taxes $964
Days Active 1
Lot Size 0.11 acres
Approx. Age 1925
Avg. Price Per Sqft $54
MLS® Number 20251059204

Property Address: 13918 Terry St, Detroit, MI, 48227-2573

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

Description

Excellent turnkey investment opportunity in Detroit! 13918 Terry St is fully renovated and occupied with a new and vetted tenant paying $1, 500 per month. Offered at only $125, 000, this property delivers an outstanding 14.4% cap rate from day one. Complete renovation includes new paint, windows, electrical, plumbing, furnace, water heater, kitchen and baths. Do not forget the rare and massive 3 car garage in the oversized backyard. Valid City of Detroit Certificate of Occupancy and Certificate of Compliance on file; property meets all rental standards and is Section 8 eligible. Current tenant is on a market-rate lease; full documentation, lead clearance, and tenant info available upon request. Ideal for hands-off or out-of-state investors seeking immediate cash flow in a strong rental submarket. Do not miss this rare combination of condition, occupancy, and return. Priced for quick sale. BATVAI
MLS® Number20251059204
Laundry Level
Central VacNo
FireplaceNo
Acreage0.11
Exterior
GarageYes
Approx. Age1925
BasementInterior Entry, Partially Finished
DrivewayThree Car Garage, Detached
Garage Spaces3
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 9, 2025List Date
$125,000List Price

Home Appraisal

This property is estimated to sell between: $78,000 and $149,000.
Similar properties in this area sold on average for: $78,811
Expected to sell in 62 days. Similar properties sold in 63 days. This home has been on eXp Realty for 1 day.

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
13918 Terry St, Detroit, MI

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