13989 Cherrylawn, Detroit, MI 48238

Local realty services provided by:CENTURY 21 Realty North
13989 Cherrylawn,Detroit, MI 48238
$85,000
  • - Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: shawn calhoun
Office: pretty home realty
MLS#:61022845
Source:MI_REALSOURCE

Price summary

  • Price:$85,000

About this home

You found me, and if a brick two-family with income already in place is what you've been hunting for on Detroit's west side, you can stop looking. I'm 13989 Cherrylawn, a brick and vinyl two-family with an original fireplace surround and mantel, arched doorways, a decorative ceiling medallion, and original mosaic tile bathroom flooring, the kind of detail builders don't put in anymore. My hardwood floors are preserved underneath the laminate throughout, waiting for you to reveal them whenever you're ready. A partially finished basement and a 2-car detached garage behind a covered brick porch add everyday convenience. Here's what makes me interesting on paper. One unit is already tenant occupied at 800 dollars a month, and assuming today's roughly 6.75 percent rate, a DSCR loan at 20 percent down puts your cash-on-cash return around 25 percent using that income alone, meaning for every dollar you put in, you'd get about a quarter back every year after the mortgage. Live in the other...

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Home facts

  • Year built:1929
  • Subdivision & Development:Oakman-Walsh-Weston
  • Listing ID #:61022845
  • Added:43 day(s) ago
  • Updated:October 03, 2026 at 08:27 AM

Rooms and interior

  • Total bathrooms:2
  • Full bathrooms:2
  • Basement Description:Partially Finished

Heating and cooling

  • Cooling:Ceiling Fan(s)
  • Heating:Forced Air

Structure and exterior

  • Year built:1929
  • Lot area:0.08 Acres
  • Construction Materials:Brick, Vinyl Siding
  • Exterior Features:Porch
  • Foundation Description:Basement
  • Levels:1 1/2 Story

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$85,000
  • Tax amount:$773
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