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Sold for $125,000
  • $125,000

    15852 Washburn St, Detroit, MI 48238

    4beds
    2,398sqft
    Multi Family
    Built in 1929
    -- sqft lot
    $168,700 Zestimate®
    $52/sqft
    $1,253 Estimated rent

    Home value

    $168,700

    $142,000 - $196,000

    $1,253/mo

    Zestimate® history
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    Owner options

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    $1,253/mo

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    $1,253/mo

    Rent Zestimate®

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    $719/mo

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    $719/mo

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    What's special

    Investor alert! 15852 Washburn St is a solid brick duplex delivering strong rental potential and an impressive cap rate for buy-and-hold investors seeking cash flow from day one. Featuring nearly 2,000 sq ft of total living space, this two-unit property offers classic hardwood floors, generous room sizes, and separate entrances — making it ideal for dual tenancy or a live-in owner setup. The exterior has been freshly painted, and the property is secured and primed for rehab or tenant placement. Located just minutes from major corridors, freeways, and commercial hubs, it benefits from steady rental demand and increasing area development. Whether you’re new to real estate or scaling your portfolio, this opportunity checks the right boxes: location, layout, and cash-on-cash return. It’s rare to find a multifamily property in this condition and location with such high income potential and a favorable entry point. Don’t miss your chance to lock in solid passive income and long-term equity growth — schedule your showing today and make your move on Washburn!

    Zillow last checked:

    Listing updated:

    Listed by:

    Fadi Dabaja 313-600-6189,

    EXP Realty Main,

    Salman Roumie 312-846-0556,

    EXP Realty Main

    Bought with:

    Grace Darfour, 6501424040

    EXP Realty Main

    Source: Realcomp II,MLS#: 20251010764MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Ceiling Fans, Central Air
    Appliances
    • Laundry: Gas Dryer Hookup, Laundry Room, Washer Hookup
    Features
    • Entrance Foyer, High Speed Internet, Programmable Thermostat
    • Basement: Full,Partially Finished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 2,398 sqft
    • Finished area above ground: 1,998
    • Finished area below ground: 400

    Property

    Parking
    • Parking features: Garage, Lighted, On Street, Unassigned
    • Has garage: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Porch
    • Exterior features: Chimney Caps, Lighting
    • Pool features: None
    • Fencing: Back Yard,Fenced,Fencing Allowed
    Lot
    • Size: 3,920 sqft
    • Dimensions: 36 x 106
    Details
    • Parcel number: 16039226
    • Zoning description: MultiFamily
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Cape Cod,Colonial
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Basement, Block
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1929
    • Major remodel year: 2025

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Sidewalks
    Location
    • Region: Detroit
    • Subdivision: DYERS ST MARYS

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA,Warranty Deed

    Price history

    DateEventPrice
    10/24/2025Sold$125,000-10.7%$52/sqft
    Source: Realcomp II #20251010764 Report a problem
    8/6/2025Price change$139,900-12.6%$58/sqft
    Source: Realcomp II #20251010764 Report a problem
    6/27/2025Listed for sale$160,000+966.7%$67/sqft
    Source: Realcomp II #20251010764 Report a problem
    6/1/2018Sold$15,000$6/sqft
    Source: Agent Provided Report a problem
    5/14/2018Pending sale$15,000$6/sqft
    Source: CENTURY 21 Row #218035000 Report a problem
    4/26/2018Listed for sale$15,000+66.7%$6/sqft
    Source: Century 21 Row #218035000 Report a problem
    10/13/2017Sold$9,000$4/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $58,200 +22.8%
    2024-- $47,400 +30.9%
    2023-- $36,200 +24%
    2022-- $29,200 +9.4%
    2021-- $26,700
    2020$1,173 -19.4%$26,700 +32.8%
    2019$1,455 $20,100 +23.3%
    2018$1,455 $16,300 +18.1%
    2017-- $13,800 -64.2%
    2016$1,640 $38,600 +102.1%
    2015$1,640 -17.6%$19,100 -28.8%
    2013$1,991 +21.4%$26,841 -30.2%
    2010$1,640 $38,459 -12%
    2009-- $43,703 -14.5%
    2008-- $51,115
    2007-- $51,115 +5.5%
    2005$199 $48,450 +3%
    2004-- $47,039

    Find assessor info on the county website

    Neighborhood: Fitzgerald

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
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    Estimated market value
    $168,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $168,700