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13918 Terry Street, Detroit, MI 48227

Local realty services provided by:CENTURY 21 Affiliated
13918 Terry Street,Detroit, MI 48227
$125,000
  • 3 Beds
  • 2 Baths
  • 2,282 sq. ft.
  • Single family
  • Active
Listed by:
MLS#:20251059204
Source:MI_REALCOMP

Price summary

  • Price:$125,000
  • Price per sq. ft.:$54.78

About this home

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

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Home facts

  • Year built:1925
  • Listing ID #:20251059204
  • Added:30 day(s) ago
  • Updated:January 09, 2026 at 10:58 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:2,282 sq. ft.

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1925
  • Building area:2,282 sq. ft.
  • Lot area:0.11 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$125,000
  • Price per sq. ft.:$54.78
  • Tax amount:$963
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