3273 Cortland Street, Detroit, MI 48206
Local realty services provided by:ERA Prime Real Estate Group
3273 Cortland Street,Detroit, MI 48206
$250,000
- - Beds
- 2 Baths
- 3,375 sq. ft.
- Multi-family
- Active
Listed by: jay naim, abe faraj
Office: exp realty main
MLS#:20261066514
Source:MI_REALCOMP
Price summary
- Price:$250,000
- Price per sq. ft.:$74.07
About this home
Completely renovated duplex and ready for its next owner, 3273 Cortland offers two spacious 3-bedroom, 1-bath units with projected rental potential of up to $3,100/month - an impressive combination of condition, income potential, and flexibility for both investors and owner-occupants. Extensively renovated in 2024, nearly every aspect of the property has been updated, including a new roof, new windows, updated kitchens and bathrooms, luxury vinyl plank flooring, fresh interior and exterior paint, and updated plumbing, electrical, and mechanicals. Outside, the improvements continue with new front and rear decks, a fully fenced backyard, and a newly built 2-car garage. Separate gas and electric meters help simplify tenant management. For investors, projected rents of up to $3,100/month provide $37,200 in potential annual gross income and the potential for an approximately 12% cap rate based on projected rents and estimated expenses at the current asking price. Both units are currently vacant, giving the next owner control from day one - select your own tenants and establish new leases, or occupy one unit and rent the other to help offset your housing costs. Conveniently located near Henry Ford Hospital, Wayne State University, Midtown, the Motown Museum, Downtown Detroit, major roads, schools, and area amenities. With the major renovations already completed, strong projected rental potential, and two fully available units, 3273 Cortland is ready for an investor to put to work or an owner-occupant to call home. Schedule your private showing today. BATVAI. No Seller-Financing or Land Contract offers will be presented to the seller. Video and audio recording may be in place....
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Home facts
- Year built:1924
- Subdivision & Development:LINWOOD HEIGHTS
- Listing ID #:20261066514
- Added:12 day(s) ago
- Updated:September 07, 2026 at 10:26 AM
Rooms and interior
- Total bathrooms:2
- Full bathrooms:2
- Basement Description:Partially Finished
- Living area:3,375 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans
- Heating:Forced Air, Natural Gas
Structure and exterior
- Roof:Asphalt
- Year built:1924
- Building area:3,375 sq. ft.
- Lot area:0.1 Acres
- Architectural Style:Upper Lower Apartment
- Construction Materials:Brick
- Exterior Features:Balcony, Covered, Deck, Patio, Porch, Private Entrance
- Foundation Description:Basement, Brick Mortar
- Levels:Two
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$250,000
- Price per sq. ft.:$74.07
- Tax amount:$3,640
Features and amenities
- Laundry features:Gas Dryer Hookup, Laundry Room, Washer Hookup
- Amenities:Entrance Foyer
Parking
- Parking description:Garage, On Street
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