For sale

$279,900

15241 Forrer St, Detroit, MI 48227

4beds

2,188sqft

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Multi Family

Built in 1954

-- sqft lot

$272,700 Zestimate^®

$128/sqft

$-- HOA

What's special

Turnkey Multi-Family Two Parcel Package: 15241 and 15235 Forrer - Immediate Cash Flow & Long-Term Value Seize a rare portfolio addition with these two fully occupied, solid brick two-family properties. Both properties are next door to each other. Offering a combined four doors of consistent rental income, this package is an investor’s dream. Property Highlights: • Layouts: Each of the 4 units features an identical 2-bed, 1-bath layout with spacious living/dining rooms and full kitchens. • Turnkey: All appliances included (stoves, refrigerators, washers, and dryers). • Parking & Amenities: Each property includes a detached two-car garage. • Location: Situated in a high-demand rental market close to major roads, public transit, and parks. Note: Price reflects this is a package deal. Includes 15235 Forrer - MLS# 20261039741. Sorry, no access without an accepted offer.

27 days

221

18

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Heating

Forced Air, Natural Gas

Cooling

Ceiling Fans

Appliances

Laundry: Common Area, Gas Dryer Hookup, Washer Hookup

Features

Basement: Unfinished
Has fireplace: No

Interior area

Total interior livable area: 2,188 sqft
Finished area above ground: 2,188

Property

Parking

Total spaces: 2
Parking features: Garage
Has garage: Yes

Features

Levels: Two
Stories: 2
Exterior features: Awnings
Pool features: None

Lot

Size: 6,098 Square Feet
Dimensions: 42 x 150

Details

Parcel number: W22I054457S001
Zoning description: Residential
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: 1954

Utilities & green energy

Sewer: Sewer At Street
Water: Waterat Street

Community & HOA

Community

Subdivision: RUGBY SUB

Location

Region: Detroit

Financial & listing details

Price per square foot: $128/sqft
Tax assessed value: $54,127
Annual tax amount: $6,941
Date on market: 6/1/2026
Cumulative days on market: 27 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional

Estimated market value

$272,700

$259,000 - $286,000

$1,140/mo

Price history

Date	Event	Price
6/2/2026	Listed for sale	$279,900+122.1%$128/sqft
Source: Realcomp II #20261040153 Report a problem
11/24/2022	Listed for rent	$950+11.8%
Source: Zillow Rental Manager Report a problem
4/29/2022	Sold	$126,000+2957.5%$58/sqft
Source: Public Record Report a problem
8/13/2021	Listing removed	--
Source: Zillow Rental Network_1 Report a problem
7/13/2021	Listed for rent	$850+25.9%
Source: Zillow Rental Network_1 Report a problem
10/19/2020	Listing removed	$675
Source: Go Section8 Report a problem
9/16/2020	Listed for rent	$675+8%
Source: Go Section8 Report a problem
11/6/2016	Listing removed	$625+4.2%
Source: Go Section8 Report a problem
6/30/2014	Listing removed	$600
Source: Go Section8 Report a problem
5/29/2014	Listed for rent	$600
Source: Go Section8 Report a problem
6/20/2012	Sold	$4,121$2/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$62,800 +25.6%
2024	--	$50,000 +1.8%
2023	--	$49,100 +30.2%
2022	--	$37,700 +9.9%
2021	--	$34,300
2020	$2,491 +53.5%	$34,300 +22.5%
2019	$1,623	$28,000 +14.8%
2018	$1,623	$24,400 -2%
2017	--	$24,900 +47.3%
2016	$2,197	$16,900
2015	$2,197 -12.6%	$16,900 -38.4%
2013	$2,514 +14.4%	$27,433 -30.2%
2010	$2,197	$39,306 -12%
2009	--	$44,666 -14.5%
2008	--	$52,241
2007	--	$52,241 +5.5%
2005	$252	$49,518 +3%
2004	--	$48,076

Find assessor info on the county website

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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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