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Jenn Smart

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13660 Ohio , Detroit, MI 48238
$675,000
Est. Payment: $3,517.52/mo
0 Bed
0 Bath
5832 Sqft
Status: active | Days on site: 100
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

Current seller has owned and managed property for last 20 years. Turnkey 8-unit investment opportunity in Detroit's desirable Davison-Schoolcraft neighborhood! This well-maintained multifamily property features 100% occupancy with all units updated and leased. Each of the eight units offers 2 bedrooms and 1 full bathroom, currently generating $1,000 per month per unit, providing strong and consistent cash flow from day one. Ideally located just off Interstate 96 for easy access throughout Metro Detroit, and minutes from major area anchors including University of Detroit Mercy, Detroit Golf Club, and nearby hospitals. This location supports stable tenant demand and long-term growth potential. Whether you're expanding your portfolio or securing your first multifamily asset, this is a fully occupied, income-producing property with minimal upfront work needed. Sq.Ft source is Realist. Each unit has it's own furnace. Tenants pay electrical and gas. Landlord pays water. Buyer and BA to verify all info. Some of the mls information is based on another address as theirs was no PRD for subject address.

Highlights

Listed by James Silver , 248-417-9617 Keller Williams Somerset , 248-649-7200. MiRealSource, Inc. mls logo

Property Type

Commercial Sale

Lot/Acreage
0.28

Year Built

19

County

Wayne

Area

Detroit (82001)

Neighborhood

John M Welch Jrs Wyoming- Schoolcraft

Listing ID

60984307

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Above Ground Sq Ft:5832
Water:Public Water

Exterior Features

Lot Dimensions:122x100
Zoning:Commercial
Principal Interest
$3,518
Taxes
$1,578

Home Price

$675,000

Loan Details

30 yrs
6.792%

Down Payment

20%
$135,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,517.52

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,517.52 $1,577.67 $0.00 $5,095.19
Yearly $42,210.23 $18,932.00 $0.00 $61,142.23
Total $1,266,306.80 $567,960.00 $0.00 $1,834,266.80
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So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Detroit, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

IDX service by Blueroof 360

Data last updated: 2026-09-02T03:11:55.100Z

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