12769 Meyers Road, Detroit, MI 48227

Detroit
Local realty services provided by:ERA Prime Real Estate Group
12769 Meyers Road,Detroit, MI 48227
$275,000
  • - Beds
  • 4 Baths
  • 3,658 sq. ft.
  • Multi-family
  • Active
Listed by: nicholas m zeoli, mohamad kahala
Office: real broker, llc.
MLS#:20261055120
Source:MI_REALCOMP

Price summary

  • Price:$275,000
  • Price per sq. ft.:$75.18

About this home

Turnkey 4-unit investment opportunity in Detroit, 3 of 4 units currently occupied. All four units are identical 2-bedroom/1-bath layouts — two leased at $1,000/month, one at $950/month, and the fourth in the process of being leased at $1,000/month and set to be occupied prior to closing, bringing total gross rent to $3,950/month ($47,400/year). All tenants pay cash and have a consistent on-time payment history, with low turnover across the building. Major capital items have been addressed, including a newer furnace, roof, windows, and hot water tank, and the vacant unit has been freshly painted with new carpet and is move-in ready. A private, fenced backyard and separate utilities per unit round out this stabilized, cash-flowing addition to any rental portfolio.

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Home facts

  • Year built:1925
  • Subdivision & Development:JOHN M WELCHS MAYVIEW SUB 2
  • Listing ID #:20261055120
  • Added:51 day(s) ago
  • Updated:September 06, 2026 at 10:02 AM

Rooms and interior

  • Total bathrooms:4
  • Full bathrooms:4
  • Basement Description:Common, Private Storage Locker, Unfinished
  • Living area:3,658 sq. ft.

Heating and cooling

  • Cooling:Central Air, Separate Meters, Window Units
  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Roof:Asphalt
  • Year built:1925
  • Building area:3,658 sq. ft.
  • Lot area:0.19 Acres
  • Architectural Style:Colonial
  • Construction Materials:Brick
  • Foundation Description:Basement, Poured
  • Levels:Two

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$275,000
  • Price per sq. ft.:$75.18
  • Tax amount:$4,492

Features and amenities

  • Laundry features:In Unit
  • Amenities:Entrance Foyer

Parking

  • Parking description:On Street
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