This multi-family property presents a prime investment opportunity with an excellent cap rate. Each unit offers 2 bedrooms and 1 full bathroom, providing tenants with comfortable and functional living spaces. Conveniently located near key amenities and public transportation, this property has strong potential for long-term returns. This is an opportunity you won’t want to miss to expand and strengthen your investment portfolio.
Sold for $140,000
$140,000
9120 Lanco Ave, Detroit, MI 48204
4beds
2,083sqft
Multi Family
Built in 1931
-- sqft lot
$146,900 Zestimate®
$67/sqft
$1,236 Estimated rent
Home value
$146,900
$132,000 - $165,000
$1,236/mo
Zestimate® history
Owner options
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$1,236/mo
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$1,236/mo
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$999/mo
Est. payment
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$999/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Robert Neely 734-365-9536,
Keller Williams Legacy
Bought with:
Jeffrey Fayz, 6501392239
Real Estate One-Dbn Hts/Dbn
Source: Realcomp II,MLS#: 20250006649
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Natural Gas
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 2,083 sqft
- Finished area above ground: 2,083
Property
Parking
- Total spaces: 1
- Parking features: Garage
- Has garage: Yes
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 4,356 sqft
- Dimensions: 35.00 x 120.00
Details
- Parcel number: W181005451S
- 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, Block
Condition
- New construction: No
- Year built: 1931
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Detroit
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,Va Loan
Price history
| Date | Event | Price |
|---|---|---|
| 4/11/2025 | Sold | $140,000$67/sqft |
Source:  Realcomp II #20250006649 Report a problem | ||
| 1/30/2025 | Listed for sale | $140,000+79.5%$67/sqft |
Source: Realcomp II #20250006649 Report a problem | ||
| 10/21/2017 | Listing removed | $600 |
Source: Randall Acquisition And Property Management LLC Report a problem | ||
| 10/12/2017 | Price change | $600-14.3% |
Source: Randall Acquisition And Property Management LLC Report a problem | ||
| 8/31/2017 | Price change | $700-12.5% |
Source: Randall Acquisition And Property Management LLC Report a problem | ||
| 8/24/2017 | Listed for rent | $800 |
Source: Randall Acquisition And Property Management LLC Report a problem | ||
| 12/26/2006 | Sold | $78,000+42.1%$37/sqft |
Source: Public Record Report a problem | ||
| 7/11/2005 | Sold | $54,900$26/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $55,500 +28.2% |
| 2024 | -- | $43,300 +31.2% |
| 2023 | -- | $33,000 +24.5% |
| 2022 | -- | $26,500 +14.7% |
| 2021 | -- | $23,100 |
| 2020 | $1,142 +4.9% | $23,100 +32.8% |
| 2019 | $1,089 | $17,400 +7.4% |
| 2018 | $1,089 | $16,200 -9.5% |
| 2017 | -- | $17,900 +61.3% |
| 2016 | $1,692 | $11,100 |
| 2015 | $1,692 +8.4% | $11,100 -28.9% |
| 2013 | $1,561 -7.7% | $15,613 -64% |
| 2010 | $1,692 | $43,393 -12% |
| 2009 | -- | $49,310 -13.5% |
| 2008 | -- | $57,006 |
| 2007 | -- | $57,006 +5.5% |
| 2005 | $636 | $54,034 +3% |
| 2004 | -- | $52,460 +35.6% |
| 2001 | $2,871 | $38,700 |
Find assessor info on the county website
Neighborhood: Barton-McFarland
Nearby schools
GreatSchools rating
- 3/10Mackenzie Elementary-Middle SchoolGrades: PK-8Distance: 0.2 mi
- 3/10Cody High SchoolGrades: 9-12Distance: 3.1 mi
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Estimated market value
$146,900
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
$146,900
- Michigan
- Wayne County
- Detroit
- 48204
- Barton-McFarland
- 9120 Lanco Ave
Nearby cities
Nearby neighborhoods
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