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12769 Meyers, Detroit, MI 48227

Detroit
Local realty services provided by:CENTURY 21 Signature Realty
12769 Meyers,Detroit, MI 48227
$275,000
  • - Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: nicholas zeoli, mohamad kahala
Office: real broker, llc.
MLS#:61012160
Source:MI_REALSOURCE

Price summary

  • Price:$275,000

About this home

Turnkey 4-unit investment opportunity in Detroit, 3 of 4 units currently occupied. All four units are identical 2-bedroom/1-bath layouts -- two leased at $1,000/month, one at $950/month, and the fourth in the process of being leased at $1,000/month and set to be occupied prior to closing, bringing total gross rent to $3,950/month ($47,400/year). All tenants pay cash and have a consistent on-time payment history, with low turnover across the building. Major capital items have been addressed, including a newer furnace, roof, windows, and hot water tank, and the vacant unit has been freshly painted with new carpet and is move-in ready. A private, fenced backyard and separate utilities per unit round out this stabilized, cash-flowing addition to any rental portfolio.

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Home facts

  • Year built:1925
  • Subdivision & Development:John M Welchs Mayview Sub 2
  • Listing ID #:61012160
  • Added:56 day(s) ago
  • Updated:September 11, 2026 at 10:58 AM

Rooms and interior

  • Total bathrooms:4
  • Full bathrooms:4
  • Basement Description:Common, Poured

Heating and cooling

  • Cooling:Central A/C, Window Unit(s)
  • Heating:Forced Air

Structure and exterior

  • Year built:1925
  • Lot area:0.19 Acres
  • Construction Materials:Brick
  • Exterior Features:Fenced Yard
  • Foundation Description:Basement, Poured
  • Levels:2 Story

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$275,000
  • Tax amount:$4,492

Parking

  • Parking description:On Street Parking
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