18657 Binder ST, Detroit, MI 48234

Local realty services provided by:ERA Prime Real Estate Group
18657 Binder ST,Detroit, MI 48234
$141,500
  • - Beds
  • 2 Baths
  • 1,500 sq. ft.
  • Multi-family
  • Active
Listed by: katarina von eper
Office: exp realty main
MLS#:20261083246
Source:MI_REALCOMP

Price summary

  • Price:$141,500
  • Price per sq. ft.:$94.33

About this home

Look no further than this beautiful 2 unit established rental income Duplex, and an opportunity to expand your investment portfolio. Offered at $141,500, this fully occupied duplex in Hamtramck, currently generates $1,800 in combined monthly rent—$21,600 annually—with an approximate 15.3% gross rental yield before expenses. Each unit features two bedrooms, one full bathroom, a kitchen, living room, and dining room, offering functional layouts across approximately 1,500 square feet. Renovated in 2017, the property includes a covered front porch, enclosed backyard, and an unfinished basement with laundry space. Convenient access to parks, shopping, and major freeways adds to its rental appeal. Tenant occupied; showings require at least 48 hours’ advance notice. Buyer and buyer’s agent to verify all property information, rental income, and expenses.

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Home facts

  • Year built:1925
  • Subdivision & Development:DODGE LAND
  • Listing ID #:20261083246
  • Added:7 day(s) ago
  • Updated:October 28, 2026 at 10:09 AM

Rooms and interior

  • Total bathrooms:2
  • Full bathrooms:2
  • Basement Description:Unfinished
  • Living area:1,500 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fans
  • Heating:Other Heating Source

Structure and exterior

  • Roof:Asphalt
  • Year built:1925
  • Building area:1,500 sq. ft.
  • Lot area:0.09 Acres
  • Architectural Style:Colonial, Duplex, Upper Lower Apartment
  • Construction Materials:Aluminum Siding
  • Exterior Features:Covered, Porch
  • Foundation Description:Basement, Poured, Sump Pump
  • Levels:Two

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$141,500
  • Price per sq. ft.:$94.33
  • Tax amount:$1,055

Features and amenities

  • Laundry features:In Unit, Laundry Room
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