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    15003 Forrer St Detroit, MI 48227

    For Sale
    $173,000

    Duplex - Detroit, MI

    Type:Duplex
    Property size:
    2,246 SF
    Lot size:
    0.11 Acres
    Days on Market:
    30
    Last Refresh:
    Dec 10 at 6:06 am

    Property Features for 15003 Forrer St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Zoning
    Multi-Family,Residential
    Rooms
    Basement, Bathroom 1, Bathroom 2
    Bathrooms
    2
    APN
    W22I054471S
    Parking
    2
    Interior features
    Circuit Breakers
    Basement Y/N
    1
    Size
    2,246 SF
    Lot size
    0.11 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Year built
    1928
    Year renovated
    2024
    Floors in Building
    2
    Building materials
    Brick
    Roof type
    Asphalt
    Architectural style
    Other

    eXp Realty (888) 501-7085 [email protected]

    Listing agent Adrienne Ponce (888) 501-7085

    Listing date Nov 11, 2025

    MLS# 20251052797 Listing URL

    Copyright © 2025 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.

    Overview

    Detroit Duplex - Investor Special

    This is a fully occupied two-family brick duplex situated on a corner lot. Each unit features 2 bedrooms, 1 full bath, a spacious living room, a formal dining room, and a full kitchen. Additionally, each unit includes a four-seasons bonus room suitable for storage, office space, or a sitting area. The property is currently generating income, with both the upper and lower units tenant-occupied. The lot is fenced, enhancing privacy and curb appeal. The property is located in a strong rental area with continued demand for multi-family properties. The 2,246 square foot property sits on a 0.11-acre lot. The property is close to major roads, amenities, and public transit. This property is suitable for seasoned investors expanding their portfolio, new investors looking to start with an income-producing asset, or buyers exploring house hacking while generating rental income.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.2019134
    Latitude
    42.3993542

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    FAQs

    What type of property is this?
    Duplex - Fully occupied brick duplex with immediate rental income potential.
    Where is this duplex located?
    The property is located at 15003 Forrer St Detroit, MI.
    What is the asking price?
    The asking price for this property is $173,000.
    What are key features of this property?
    This property features: - Fully Occupied: Immediate rental income with existing tenants.; - Solid Brick Construction: Durable, low-maintenance exterior on a corner lot.; - Two Income-Producing Units: Each unit has 2 bedrooms, 1 bath, living room, dining room, and kitchen.
    (888) 501-7085
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    15003 Forrer St Detroit, MI 48227
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    Detroit, MI 48227
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    15003 Forrer St Detroit, MI 48227
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