20250 Meyers RD, Detroit, MI 48235

Detroit
Local realty services provided by:ERA Prime Real Estate Group
20250 Meyers RD,Detroit, MI 48235
$59,900
  • 2 Beds
  • 1 Baths
  • 704 sq. ft.
  • Single family
  • Active
Listed by: timika burley
Office: national realty centers, inc
MLS#:20261088265
Source:MI_REALCOMP

Price summary

  • Price:$59,900
  • Price per sq. ft.:$85.09

About this home

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...

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Home facts

  • Year built:1942
  • Subdivision & Development:BLACKSTONE PARK 6 PAGE 9 1 & 92
  • Listing ID #:20261088265
  • Added:12 day(s) ago
  • Updated:November 15, 2026 at 11:24 AM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Rooms Total:5
  • Basement Description:Unfinished
  • Living area:704 sq. ft.

Heating and cooling

  • Heating:ENERGY STAR Qualified Furnace Equipment, Forced Air, Natural Gas

Structure and exterior

  • Year built:1942
  • Building area:704 sq. ft.
  • Lot area:0.08 Acres
  • Architectural Style:Ranch, Townhouse
  • Construction Materials:Brick
  • Foundation Description:Basement, Block
  • Levels:One

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$59,900
  • Price per sq. ft.:$85.09
  • Tax amount:$1,671

Parking

  • Parking description:Driveway, No Garage
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