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Jenn Smart

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15003 Forrer , Detroit, MI 48227
$153,000
Est. Payment: $797.30/mo
0 Bed
2 Bath
2246 Sqft
Status: active | Days on site: 103
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

Fully Occupied Two-Family Brick Corner Property – Investor Special! Welcome to 15003 Forrer, a solid brick duplex offering immediate rental income and long-term upside. Both units feature 2 bedrooms, 1 full bath, a spacious living room, formal dining room, and a full kitchen. Each unit also includes a four-seasons bonus room on the rear of the home - perfect for additional storage, office space, or a cozy sitting area. Both tenants are agency tenants. Guaranteed cash flow. Upper & Lower Units Are Both Tenant-Occupied, producing steady income from day one. The property sits on a corner lot with fencing, offering added privacy and curb appeal. Strong rental area with continued demand for multi-family properties. This is an ideal property for: Seasoned investors expanding their portfolio New investors looking to start with an income-producing asset Buyers exploring house hacking while generating rental income Key Highlights: Fully occupied – rent collection begins at closing Brick construction on a corner lot Four-seasons room in both units Separate living & dining rooms in each unit Close to major roads, amenities, and public transit Don't miss this opportunity to secure a cash-flowing multi-family in an appreciating market. Schedule your showing today!

Highlights

Listed by Adrienne Ponce , 586-339-4870 EXP Realty Main , 888-501-7085. MiRealSource, Inc. mls logo

Property Type

Multi-Family

Lot/Acreage
0.11

Year Built

1928

County

Wayne

Area

Detroit (82001)

Neighborhood

Rugby

School District

Detroit City School District

Listing ID

60952071

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:2
  • Full Bathrooms:2
Above Ground Sq Ft:2246
Basement:Block
Water:Public Water

Exterior Features

Lot Dimensions:34X142
Principal Interest
$797
Taxes
$286

Home Price

$153,000

Loan Details

30 yrs
6.792%

Down Payment

20%
$30,600
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:
$797.30

Principal

Taxes

Principal Taxes HOA Total
Monthly $797.30 $285.92 $0.00 $1,083.22
Yearly $9,567.65 $3,431.00 $0.00 $12,998.65
Total $287,029.54 $102,930.00 $0.00 $389,959.54
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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.

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Data last updated: 2026-09-02T04:57:55.100Z

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