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Renovated Residential Income Portfolio
For Sale
$965,000

12741 Lawton Street, Detroit, MI 48238

MULTI_FAMILY - Colonial - Detroit, MI

Property Size1,108 SF
Lot Size0.02 Acres
Price / SF$870.94
Days on Market119

Property Features for 12741 Lawton Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Residential
Bedrooms 18
Bathrooms 9
Full bathrooms 9
Rooms Bedroom 10, Bathroom 8, Bedroom 5, Bedroom 14, Bedroom 11, Bedroom 9, Bathroom 4, Bedroom 6, Bedroom 13, Bedroom 16, Bedroom 8, Bedroom 3, Bathroom 5, Bedroom 4, Bedroom 1, Bathroom 3, Bedroom 15, Bathroom 2, Bathroom 6, Bathroom 7, Basement, Bedroom 7, Bathroom 9, Bedroom 12, Bedroom 17, Bedroom 2, Bedroom 18, Bathroom 1
Subdivision Oakmans Robt Cherry Lane
Elementary school district Detroit
Middle school district Detroit
High school district Detroit
Directions Linwood To Glendale To Lawton
Standard status Active
APN W12I006368S003
Size 1,108 SF
Lot size 0.02 Acres

Taxes and HOA fees

Tax Description PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2027. W LAWTON N 17.33 FT OF S 34.66 FT 53 N 17.33 FT OF S 34.66 FT OF E 13 FT 52 ROBERT OAKMANS CHERRY LANE SUB L38 P77 PLATS, W C R 12/268 17.33 X 48
Tax Annual Amount 1437
Legal Description PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2027. W LAWTON N 17.33 FT OF S 34.66 FT 53 N 17.33 FT OF S 34.66 FT OF E 13 FT 52 ROBERT OAKMANS CHERRY LANE SUB L38 P77 PLATS, W C R 12/268 17.33 X 48

Utilities

Heating system Forced Air

Building Details

Year built 1925
Floors in Building 2
Number of units 9
Building materials Brick
Architectural style Colonial
Listing Agency: Realtyflo Inc
Listed By: Shenitha Raines
Added: Apr 15 Changed: Aug 2 Last Checked: Aug 11 at 9:06AM
MLS# 20261025584

Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This offering is a turnkey 9-property residential income portfolio that includes nine single-family homes, each with 2 bedrooms and 1 bathroom, and a wood-burning fireplace. The portfolio also includes additional attic and basement space for each home. All properties were extensively renovated in 2024 with new plumbing and electrical systems, flooring, roofs, furnaces, and hot water tanks. Kitchens have been updated with new flooring, cabinets, countertops, and appliances, and the bathrooms include new fixtures.

The package includes a vacant lot at 2921 Glendale that is currently used for tenant parking. The portfolio also lists additional properties at 2901, 2903, 2907, 2911, 2915, and 2919 Glendale, along with 12735 and 12745 Lawton, in addition to the included address at 12741 Lawton Street in Detroit.

Rooms and room sizes are estimated and should be verified by the buyer or buyer’s agent. A processing fee of $495 is required to be paid to the listing broker at closing. The seller will provide a clean title, warranty deed, and title insurance, and the properties are described as lead certified and in compliance. All properties are occupied; please do not disturb tenants.

Key Highlights

  • 9‑property single‑family home portfolio in Detroit, each unit with 2 bedrooms and 1 bathroom
  • Extensively renovated in 2024 with brand‑new plumbing, electrical, flooring, roofs, furnaces, and hot water tanks
  • Each home includes a wood‑burning fireplace plus additional attic and basement space for storage

Property Analytics

Current Use

Single family properties

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Parking Lot & Garage Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

269
Businesses Nearby

Demographics for 48238, MI

25,747
Population
16,341
Households
1.6
Avg Household Size
37
Median Age
13%
College-Educated
84%
High-School Grad
5.4 sq mi
ZIP Area
4,768
Density / Sq Mi
$30,286
Median Household Income
$25,948
Median Earnings
$950
Median Rent
$58,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Single family property - Nine renovated single-family homes with updated mechanicals, kitchens, and bathrooms, plus a separately included vacant parking lot.
Where is this single family property located?
The property is located at 12741 Lawton Street Detroit, MI.
What is the asking price?
The asking price for this property is $965,000.
What are key features of this property?
This property features: 9‑property single‑family home portfolio in Detroit, each unit with 2 bedrooms and 1 bathroom; Extensively renovated in 2024 with brand‑new plumbing, electrical, flooring, roofs, furnaces, and hot water tanks; Each home includes a wood‑burning fireplace plus additional attic and basement space for storage
More about this property
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