Investor opportunity in Detroit! This tenant-occupied, 2-bedroom, 1-bath brick residence, representing one side of a duplex, offers an opportunity to expand your investment portfolio with an existing income-producing property. Currently generating $950 in monthly rental income, the property produces $11,400 in annual gross rent. With an asking price of $59,900, the current rental income represents a 19.03% gross annual rental yield before operating expenses.
The residence features hardwood flooring, a functional kitchen with ample cabinetry and counter space, and a full basement offering additional storage and usable space. Conveniently situated near 8 Mile Road, major freeways, shopping, and neighborhood amenities, the property offers accessibility within an established Detroit neighborhood.
Whether you're an experienced investor seeking to expand your rental portfolio or purchasing your first income-producing property, this offering presents an opportunity to acquire an established rental investment at an accessible price point.
For sale
$59,900
20250 Meyers, Detroit, MI 48221
2beds
704sqft
Townhouse
Built in 1942
3,484 Square Feet Lot
$-- Zestimate®
$85/sqft
$-- HOA
What's special
- 10 days
- 143
- 15
Zillow last checked:
Listing updated:
Listed by:
Timika Burley 734-444-4498,
National Realty Centers, Inc 248-468-1444
Source: Realcomp II,MLS#: 20261088265
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: Entry
- Area: 132
- Dimensions: 12 X 11
Bedroom
- Level: Entry
- Area: 121
- Dimensions: 11 X 11
Other
- Level: Entry
- Area: 45
- Dimensions: 9 X 5
Dining room
- Level: Entry
- Area: 100
- Dimensions: 10 X 10
Kitchen
- Level: Entry
- Area: 90
- Dimensions: 10 X 9
Living room
- Level: Entry
- Area: 180
- Dimensions: 15 X 12
Heating
- ENERGYSTAR Qualified Furnace Equipment, Forced Air, Natural Gas
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 704 sqft
- Finished area above ground: 704
Property
Parking
- Parking features: Driveway, No Garage
Features
- Levels: One
- Stories: 1
- Entry location: GroundLevelwSteps
- Pool features: None
Lot
- Size: 3,484 Square Feet
- Dimensions: 30 x 109.99
Details
- Parcel number: W16I046370S
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Ranch,Townhouse
- Property subtype: Townhouse
Materials
- Brick
- Foundation: Basement, Block
Condition
- New construction: No
- Year built: 1942
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: BLACKSTONE PARK 6 PAGE 9 1 & 92
HOA
- Has HOA: No
Location
- Region: Detroit
Financial & listing details
- Price per square foot: $85/sqft
- Tax assessed value: $7,093
- Annual tax amount: $1,671
- Date on market: 11/2/2026
- Cumulative days on market: 11 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,Va Loan
Estimated market value
Not available
Estimated sales range
Not available
$1,266/mo
Price history
| Date | Event | Price |
|---|---|---|
| 11/2/2026 | Listed for sale | $59,900$85/sqft |
Source:  Realcomp II #20261088265 Report a problem | ||
| 6/10/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/19/2024 | Listed for rent | $900$1/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $28,700 -13.6% |
| 2025 | -- | $33,200 +50.2% |
| 2024 | -- | $22,100 +32.3% |
| 2023 | -- | $16,700 +29.5% |
| 2022 | -- | $12,900 +1.6% |
| 2021 | -- | $12,700 |
| 2020 | $1,103 +53% | $12,700 +21% |
| 2019 | $721 | $10,500 +7.1% |
| 2018 | $721 | $9,800 +3.2% |
| 2017 | -- | $9,500 -45.7% |
| 2016 | $901 | $17,500 +177.8% |
| 2015 | $901 +1.4% | $6,300 -29.1% |
| 2013 | $889 -1.4% | $8,885 -24.6% |
| 2010 | $901 | $11,782 -12% |
| 2009 | -- | $13,389 -22.8% |
| 2008 | -- | $17,346 |
| 2007 | -- | $17,346 +5.5% |
| 2005 | $108 | $16,442 +3% |
| 2004 | -- | $15,963 +97.9% |
| 2001 | $672 | $8,066 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Pembroke
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