This two-unit brick home in the growing Rugby Subdivison offers an exceptional investment opportunity. Currently generating $2,350 monthly income from reliable tenants who are on a month-to-month lease but wish to stay long-term. Renovated just 3 years ago, the property is in excellent condition with a sturdy brick exterior requiring minimal maintenance. Enjoy immediate cash flow and the security of tenants who love calling this place home. Don't miss this turnkey investment in one of Detroit's promising areas with strong rental demand.
Sold for $152,000
$152,000
14868 Forrer St, Detroit, MI 48227
4beds
2,047sqft
Duplex
Built in 1928
-- sqft lot
$158,600 Zestimate®
$74/sqft
$1,225 Estimated rent
Home value
$158,600
$141,000 - $178,000
$1,225/mo
Zestimate® history
Owner options
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$1,225/mo
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$1,225/mo
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$1,104/mo
Est. payment
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$1,104/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
David A Fisher 248-688-4330,
Keller Williams Advantage
Bought with:
Darryl L Sanders, 6501228332
Treasure Homes, Inc
Source: Realcomp II,MLS#: 20250021211
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 3
Heating
- Hot Water, Natural Gas
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 2,047 sqft
- Finished area above ground: 2,047
Property
Parking
- Total spaces: 2
- Parking features: Two Car Garage
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 5,662 Square Feet
- Dimensions: 38.00 x 150.00
Details
- Parcel number: W22I053939S
- Zoning description: MultiFamily
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subtype: Duplex
Materials
- Brick
- Foundation: Basement, Block
Condition
- New construction: No
- Year built: 1928
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: RUGBY (PLATS)
Location
- Region: Detroit
Financial & listing details
- Price per square foot: $74/sqft
- Tax assessed value: $31,972
- Annual tax amount: $1,269
- Date on market: 3/29/2025
- Cumulative days on market: 13 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA
Price history
| Date | Event | Price |
|---|---|---|
| 5/1/2025 | Sold | $152,000+1.3%$74/sqft |
Source:  Realcomp II #20250021211 Report a problem | ||
| 4/11/2025 | Pending sale | $150,000$73/sqft |
Source: Realcomp II #20250021211 Report a problem | ||
| 3/29/2025 | Listed for sale | $150,000+1053.8%$73/sqft |
Source: Realcomp II #20250021211 Report a problem | ||
| 11/13/2013 | Listing removed | $550 |
Source: Metro Detroits Rental Pro Report a problem | ||
| 8/29/2013 | Price change | $550+10% |
Source: Metro Detroits Rental Pro Report a problem | ||
| 8/21/2013 | Sold | $13,000$6/sqft |
Source: Public Record Report a problem | ||
| 3/20/2013 | Listed for rent | $500 |
Source: RPR Real Estate Services Report a problem | ||
| 2/8/2013 | Listing removed | $500 |
Source: RPR REAL ESTATE SERVICES #212120026 Report a problem | ||
| 12/3/2012 | Price change | $500-9.1% |
Source: RPR REAL ESTATE SERVICES #212120026 Report a problem | ||
| 2/5/2012 | Listed for rent | $550 |
Source: Judy Walker & Associates, Inc. #212012210 Report a problem | ||
| 9/15/2011 | Listing removed | $550 |
Source: RPR REAL ESTATE SERVICES #211048942 Report a problem | ||
| 5/11/2011 | Listed for rent | $550 |
Source: Judy Walker & Associates, Inc. #211048942 Report a problem | ||
| 4/8/2011 | Listing removed | $550 |
Source: RPR REAL ESTATE SERVICES #211013110 Report a problem | ||
| 2/6/2011 | Listed for rent | $550 |
Source: Judy Walker & Associates, Inc. #211013110 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $43,500 +25.4% |
| 2024 | -- | $34,700 +27.1% |
| 2023 | -- | $27,300 +29.4% |
| 2022 | -- | $21,100 +9.3% |
| 2021 | -- | $19,300 |
| 2020 | $1,571 +39.7% | $19,300 +22.9% |
| 2019 | $1,124 | $15,700 +15.4% |
| 2018 | $1,124 | $13,600 -2.2% |
| 2017 | -- | $13,900 +33.7% |
| 2016 | $2,521 | $10,400 |
| 2015 | $2,521 -7.1% | $10,400 -61.7% |
| 2013 | $2,715 +7.7% | $27,154 -30.2% |
| 2010 | $2,521 | $38,906 -12% |
| 2009 | -- | $44,211 -14.5% |
| 2008 | -- | $51,709 |
| 2007 | -- | $51,709 +5.5% |
| 2005 | $296 | $49,013 +3% |
| 2004 | -- | $47,585 +115.5% |
| 2001 | $1,839 +18% | $22,084 +10.6% |
| 2000 | $1,558 | $19,972 |
Find assessor info on the county website
Neighborhood: Grand River-St. Marys
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Nearby schools
GreatSchools rating
- 5/10Edison Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 3/10Robeson Academy Malcolm X AcademyGrades: PK-8Distance: 0.3 mi
- 3/10Cody High SchoolGrades: 9-12Distance: 2.7 mi
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Estimated market value
$158,600
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$158,600
- Michigan
- Wayne County
- Detroit
- 48227
- Grand River-St. Marys
- 14868 Forrer St
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