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For sale
  • Price cut: $6K (6/24)
    $260,000

    3273 Cortland St, Detroit, MI 48206

    6beds
    2,700sqft
    : 
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    Multi Family
    Built in 1924
    -- sqft lot
    $255,100 Zestimate®
    $96/sqft
    $-- HOA

    What's special

    Turnkey, fully renovated cash-flowing duplex generating $3,000/month ($36,000 annually) in gross rental income. Offered at $255,000, this investment achieves a 1.18% rent-to-price ratio and an attractive 14.1% gross yield. Nearly every aspect of the property has been updated, including a new roof, windows, luxury vinyl plank flooring, fresh interior and exterior paint, kitchens, bathrooms, plumbing, electrical, and mechanicals—making this a truly turnkey investment. Both units feature spacious layouts with 3 bedrooms and 1 bathroom, filled with natural light, high ceilings, and charming architectural character. Updated kitchens and modern tiled bathrooms provide stylish, move-in ready living. Exterior improvements include new front and rear decks, a newly built 2-car garage, and a fully fenced backyard. Current lease provides immediate cash flow and making this an ideal setup for investors or buyers looking to offset their mortgage. Separate gas and electric meters simplify tenant management. Located on a quiet, well-maintained street near downtown, major hospitals, schools, and amenities, with continued neighborhood reinvestment and strong rental demand supporting long-term value. All major updates have been completed, resulting in zero immediate CapEx needs and allowing an investor to step into day-one cash flow.
    67 days
    |
    137
    |
    12
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Christina Gennari 248-550-4788,

    KW Domain 248-590-0800,

    Lance McClain 248-590-0800,

    KW Domain

    Source: Realcomp II,MLS#: 20261032538MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 1
      • Full bathrooms: 2
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Ceiling Fans
      Appliances
      • Laundry: Laundry Room
      Features
      • Basement: Unfinished
      • Has fireplace: No
      Interior area
      • Total interior livable area: 2,700 sqft
      • Finished area above ground: 2,700

      Property

      Parking
      • Parking features: Garage, On Street, Shared Driveway
      • Has garage: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered, Patio, Porch
      • Exterior features: Balcony
      • Pool features: None
      • Fencing: Back Yard
      Lot
      • Size: 4,356 Square Feet
      • Dimensions: 35 x 120.5
      Details
      • Parcel number: W12I003833S
      • Zoning description: MultiFamily
      • Special conditions: Short Sale No,Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Upper Lower Apartment
      • Property subtype: Multi Family
      Materials
      • Brick
      • Foundation: Basement, Brick Mortar
      Condition
      • New construction: No
      • Year built: 1924
      • Major remodel year: 2024

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: LINWOOD HEIGHTS
      Location
      • Region: Detroit

      Financial & listing details

      • Price per square foot: $96/sqft
      • Tax assessed value: $39,384
      • Annual tax amount: $3,261
      • Date on market: 5/7/2026
      • Cumulative days on market: 67 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,FHA,Va Loan
      • Exclusions: Exclusion(s) Exist

        Estimated market value

        $255,100

        $242,000 - $268,000

        $1,428/mo

        Price history

        DateEventPrice
        6/24/2026Price change$260,000-2.3%$96/sqft
        Source: Realcomp II #20261032538 Report a problem
        6/8/2026Price change$266,000-2.2%$99/sqft
        Source: Realcomp II #20261032538 Report a problem
        5/7/2026Listed for sale$272,000-9.3%$101/sqft
        Source: Realcomp II #20261032538 Report a problem
        4/1/2026Listing removed$299,900-10.5%$111/sqft
        Source: eXp Realty #20251051278 Report a problem
        11/4/2025Listed for rent$1,500$1/sqft
        Source: Realcomp II #20251051289 Report a problem
        10/29/2025Listing removed$335,000$124/sqft
        Source: Realcomp II #20251038147 Report a problem
        9/19/2025Listed for sale$335,000-4.3%$124/sqft
        Source: Realcomp II #20251038147 Report a problem
        9/17/2025Listing removed$349,900$130/sqft
        Source: Realcomp II #20251020457 Report a problem
        8/5/2025Listing removed$1,500$1/sqft
        Source: Zillow Rentals Report a problem
        7/30/2025Listed for sale$349,900+660.7%$130/sqft
        Source: Realcomp II #20251020457 Report a problem
        4/29/2025Price change$1,500-6.3%$1/sqft
        Source: Zillow Rentals Report a problem
        3/24/2025Price change$1,600+6.7%$1/sqft
        Source: Zillow Rentals Report a problem
        10/15/2024Listed for rent$1,500$1/sqft
        Source: Zillow Rentals Report a problem
        11/27/2023Sold$46,000-14.8%$17/sqft
        Source: Realcomp II #20230082793 Report a problem
        10/19/2023Pending sale$54,000$20/sqft
        Source: Realcomp II #20230082793 Report a problem
        9/28/2023Listed for sale$54,000$20/sqft
        Source: Realcomp II #20230082793 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $38,200 +25.2%
        2024-- $30,500 +24.5%
        2023-- $24,500 +23.1%
        2022-- $19,900 +8.2%
        2021-- $18,400
        2020$1,268 +4.9%$18,400 +5.7%
        2019$1,209 $17,400 -1.1%
        2018$1,209 $17,600 -2.8%
        2017-- $18,100 -57.3%
        2016$1,036 $42,400 +262.4%
        2015$1,036 +10%$11,700 -27.7%
        2013$942 -9.1%$16,185 -30.2%
        2010$1,036 $23,190 -12%
        2009-- $26,352 -10.5%
        2008-- $29,444
        2007-- $29,444 +5.5%
        2005$94 $27,909 +3%
        2004-- $27,096
        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: Dexter-Linwood

        Getting around

        52 / 100
        Somewhat Walkable
        49 / 100
        Some Transit
        52 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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