ATTENTION INVESTORS! Turnkey, income-producing opportunity at 120 Woodland Street, Detroit, MI! This beautifully remodeled 3-level property is professionally appraised at $315,000 and comes with a reliable tenant already in place paying $2,600 per month on a 12-month lease. The tenant has a strong history of paying rent on time, providing immediate cash flow of $31,200 in gross annual rental income from day one. Offering 2318 sq ft, this spacious home features 5 bedrooms, 2.5 updated bathrooms, new flooring, modern finishes, and a beautifully renovated kitchen with granite countertops, stylish cabinetry, and newer appliances. The partially finished basement provides additional usable space, while the oversized backyard adds even more tenant appeal. Ideally located just minutes from New Center and approximately 10 minutes from Downtown Detroit, with convenient access to restaurants, shopping, entertainment, major employers, and freeways. Whether you're expanding an existing port
Active
$284,900
120 Woodland St, Detroit, MI 48202
5beds
2,318sqft
Single Family Residence
Built in 1908
5,227 Square Feet Lot
$-- Zestimate®
$123/sqft
$-- HOA
What's special
Modern finishesPartially finished basementStylish cabinetryOversized backyardGranite countertopsBeautifully renovated kitchenNew flooring
- 108 days
- 408
- 27
Zillow last checked:
Listing updated:
Listed by:
Sotero Lopez 586-863-3300,
eXp Realty, LLC 888-501-7085
Source: MichRIC,MLS#: 26022870
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
- Main level bedrooms: 1
Primary bedroom
- Level: Main
- Area: 121
- Dimensions: 11.00 x 11.00
Bedroom 2
- Level: Basement
- Area: 90
- Dimensions: 9.00 x 10.00
Bedroom 3
- Level: Upper
- Area: 120
- Dimensions: 10.00 x 12.00
Bedroom 4
- Level: Upper
- Area: 120
- Dimensions: 10.00 x 12.00
Primary bathroom
- Level: Main
- Area: 15
- Dimensions: 3.00 x 5.00
Bathroom 1
- Level: Basement
- Area: 30
- Dimensions: 6.00 x 5.00
Bathroom 2
- Level: Upper
- Area: 35
- Dimensions: 7.00 x 5.00
Dining area
- Level: Main
- Area: 56
- Dimensions: 8.00 x 7.00
Dining room
- Level: Main
- Area: 165
- Dimensions: 15.00 x 11.00
Kitchen
- Level: Main
- Area: 154
- Dimensions: 14.00 x 11.00
Other
- Level: Upper
- Area: 299
- Dimensions: 13.00 x 23.00
Other
- Level: Basement
- Area: 81
- Dimensions: 9.00 x 9.00
Other
- Level: Basement
- Area: 132
- Dimensions: 6.00 x 22.00
Heating
- Forced Air
Appliances
- Included: Microwave, Range, Refrigerator
- Laundry: In Basement
Features
- Flooring: Wood
- Basement: Full
- Number of fireplaces: 1
- Fireplace features: Living Room
Interior area
- Total structure area: 2,318
- Total interior livable area: 2,318 sqft
- Finished area below ground: 546
Property
Features
- Stories: 2
- Fencing: Full
Lot
- Size: 5,227 Square Feet
- Dimensions: 40 x 125
Details
- Parcel number: 01003622.
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence
Materials
- Brick, Vinyl Siding
Condition
- New construction: No
- Year built: 1908
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: WOODLAND (PLATS)
Location
- Region: Detroit
Financial & listing details
- Price per square foot: $123/sqft
- Tax assessed value: $45,200
- Annual tax amount: $689
- Date on market: 5/16/2026
- Listing terms: Cash,FHA,VA Loan,Conventional
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$2,674/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/28/2026 | Listing removed | $2,500$1/sqft |
Source: Realcomp II #20261028073 Report a problem | ||
| 7/9/2026 | Listed for rent | $2,500$1/sqft |
Source: Realcomp II #20261028073 Report a problem | ||
| 5/19/2026 | Listing removed | $2,500$1/sqft |
Source: Realcomp II #20261028073 Report a problem | ||
| 5/16/2026 | Listed for sale | $284,900-1.7%$123/sqft |
Source:  MichRIC #26022870 Report a problem | ||
| 5/8/2026 | Listed for rent | $2,500$1/sqft |
Source: Realcomp II #20261028073 Report a problem | ||
| 5/1/2026 | Listing removed | $289,900$125/sqft |
Source: eXp Realty #20251033479 Report a problem | ||
| 11/4/2025 | Price change | $289,900-3.3%$125/sqft |
Source:  Realcomp II #20251033479 Report a problem | ||
| 9/5/2025 | Listed for sale | $299,900$129/sqft |
Source: Realcomp II #20251033479 Report a problem | ||
| 9/4/2025 | Listing removed | $299,900$129/sqft |
Source:  MiRealSource #50181889 Report a problem | ||
| 7/18/2025 | Listed for sale | $299,900-4.8%$129/sqft |
Source: MiRealSource #50181889 Report a problem | ||
| 7/16/2025 | Listing removed | $314,900$136/sqft |
Source: Realcomp II #20251003655 Report a problem | ||
| 6/27/2025 | Price change | $314,900-3.1%$136/sqft |
Source: Realcomp II #20251003655 Report a problem | ||
| 6/6/2025 | Listed for sale | $325,000$140/sqft |
Source: Realcomp II #20251003655 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | -- |
| 2024 | -- | -- |
| 2023 | -- | -- |
| 2022 | -- | -- |
| 2021 | -- | -- |
| 2020 | -- | -- |
| 2019 | -- | -- |
| 2018 | -- | -- |
| 2017 | -- | -- |
| 2016 | $689 | -- |
| 2015 | $689 -12.9% | $8,100 -15.1% |
| 2013 | $791 +14.8% | $9,543 -24.6% |
| 2010 | $689 | $12,655 -12% |
| 2009 | -- | $14,381 -13.5% |
| 2008 | -- | $16,626 |
| 2007 | -- | $16,626 +5.5% |
| 2005 | $79 | $15,759 +3% |
| 2004 | -- | $15,300 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Gateway
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