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For sale
    • $275,000

    12769 Meyers Rd, Detroit, MI 48227

    8beds
    3,658sqft
    : 
    $2,386/mo
    Get pre-qualified
    Multi Family
    Built in 1925
    -- sqft lot
    $272,500 Zestimate®
    $75/sqft
    $-- HOA

    What's special

    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.
    22 days
    |
    381
    |
    45
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Nicholas M Zeoli 248-860-3268,

    Real Broker, LLC 855-450-0442,

    Mohamad Kahala 855-450-0442,

    Real Broker, LLC

    Source: Realcomp II,MLS#: 20261055120MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 3
      • Full bathrooms: 4
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air, Separate Meters, Window Units
      Appliances
      • Laundry: In Unit
      Features
      • Entrance Foyer
      • Basement: Common,Private Storage Locker,Unfinished
      • Has fireplace: No
      Interior area
      • Total interior livable area: 3,658 sqft
      • Finished area above ground: 3,658

      Property

      Parking
      • Parking features: On Street
      Features
      • Levels: Two
      • Stories: 2
      • Pool features: None
      • Fencing: Back Yard,Fenced
      Lot
      • Size: 8,276 Square Feet
      • Dimensions: 70 x 115
      Details
      • Parcel number: W22I020551C2
      • Zoning description: MultiFamily
      • Special conditions: Short Sale No,Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Colonial
      • Property subtype: Multi Family
      Materials
      • Brick
      • Foundation: Basement, Poured
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1925
      • Major remodel year: 2026

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: JOHN M WELCHS MAYVIEW SUB 2
      Location
      • Region: Detroit

      Financial & listing details

      • Price per square foot: $75/sqft
      • Tax assessed value: $34,229
      • Annual tax amount: $4,492
      • Date on market: 7/16/2026
      • Cumulative days on market: 23 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,FHA
      • Exclusions: Exclusion(s) Do Not Exist

        Estimated market value

        $272,500

        $259,000 - $286,000

        $1,063/mo

        Price history

        DateEventPrice
        7/16/2026Listed for sale$275,000+18.2%$75/sqft
        Source: Realcomp II #20261055120 Report a problem
        4/25/2025Sold$232,650-10.5%$64/sqft
        Source: Realcomp II #20240070329 Report a problem
        12/18/2024Pending sale$260,000$71/sqft
        Source: Realcomp II #20240070329 Report a problem
        9/23/2024Listed for sale$260,000+28.1%$71/sqft
        Source: Realcomp II #20240070329 Report a problem
        7/14/2023Sold$203,000+6.3%$55/sqft
        Source: Public Record Report a problem
        5/18/2022Sold$191,000-2.1%$52/sqft
        Source: Realcomp II #2220028278 Report a problem
        5/4/2022Pending sale$195,000$53/sqft
        Source: Realcomp II #2220028278 Report a problem
        4/21/2022Listed for sale$195,000+95%$53/sqft
        Source: Realcomp II #2220028278 Report a problem
        12/12/2017Listing removed$600
        Source: Beal Properties Report a problem
        10/31/2017Listed for rent$600+4.3%
        Source: Beal Properties Report a problem
        4/20/2017Listing removed$575
        Source: Beal Properties Report a problem
        4/7/2017Listed for rent$575
        Source: Beal Properties Report a problem
        12/16/2014Sold$100,000+185.7%$27/sqft
        Source: Public Record Report a problem
        12/10/2011Listing removed$35,000$10/sqft
        Source: Keller Williams - Lakeside #211060433 Report a problem
        10/14/2011Price change$35,000-12.5%$10/sqft
        Source: Keller Williams - Lakeside #211060433 Report a problem
        10/1/2011Price change$40,000-11.1%$11/sqft
        Source: Keller Williams - Lakeside #211060433 Report a problem
        6/9/2011Listed for sale$45,000-25%$12/sqft
        Source: KELLER WILLIAMS RLTY LAKESIDE #211060433 Report a problem
        10/23/2008Sold$60,000+185.7%$16/sqft
        Source: Public Record Report a problem
        3/12/2008Sold$21,000$6/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $33,200 +23%
        2024-- $27,000 +13.4%
        2023-- $23,800 +38.4%
        2022-- $17,200 +13.9%
        2021-- $15,100
        2020$383 -51.2%$15,100
        2019$785 $15,100 -15.6%
        2018$785 $17,900 -15.6%
        2017-- $21,200 +259.3%
        2016$1,061 $5,900
        2015$1,061 +44.1%$5,900 -19.9%
        2013$736 -30.6%$7,362 -30.2%
        2010$1,061 $10,548 -12%
        2009-- $11,986 -13.5%
        2008-- $13,857
        2007-- $13,857 +5.5%
        2005$154 $13,135 +3%
        2004-- $12,752
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Grand River

        Getting around

        49 / 100
        Car-Dependent
        46 / 100
        Some Transit
        48 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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