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    15478 Northlawn St Detroit, MI 48238

    New
    For Sale
    $269,900

    Colonial,Upper/Lower Apartment - Detroit, MI

    Property size:
    1,580 SF
    Lot size:
    0.07 Acres
    Days on Market:
    6
    Last Refresh:
    Dec 13 at 1:06 pm

    Property Features for 15478 Northlawn St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Multi-Family
    Rooms
    Basement, Bathroom 1, Bathroom 2
    Bathrooms
    2
    APN
    W16I031798S
    Basement Y/N
    1
    Size
    1,580 SF
    Lot size
    0.07 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Year built
    1929
    Floors in Building
    2
    Building materials
    Brick
    Architectural style
    Colonial

    Keller Williams Royal Oak (248) 288-3500 [email protected]

    Listing agent Clayton Neal (248) 288-3500

    Listing date Dec 8, 2025

    MLS# 20251045013 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

    Remodeled Multi-Family Property with Bonus Home

    This remodeled multi-family property presents an exceptional cash-flow opportunity for both homeowners and investors. It includes a separate 1-bedroom, 1-bathroom bonus home, suitable for short-term rentals or additional passive income. The property is strategically located near Downtown Detroit, Wayne State University, and the University of Detroit Mercy, offering strong rental demand and multiple income streams. The main residence features two updated units with modern finishes and high-quality renovations. The lower unit is currently occupied by a tenant on a month-to-month lease. The upper unit is turnkey and ready for lease or owner-occupancy. The separate rear home is a fully functional 1-bedroom, 1-bathroom house with a spacious living room, full kitchen and bath. This detached dwelling is suitable for Airbnb, VRBO, corporate leasing, or traditional rentals. Situated on a large fenced parcel with an additional adjacent lot, this property offers expanded outdoor space for tenants and potential value-add enhancements or future development possibilities. The property is located in Detroit, MI, with a lot size of 0.07 acres and a property size of 1580 square feet. The zoning is Multi-Family. It is located in Wayne county.
    Property Profile Location Intelligence

    Current Use by Public Records

    Short term rental ...

    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
    -83.1531783
    Latitude
    42.4055251

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    FAQs

    What type of property is this?
    Apartment building - Multi-family property with separate bonus home near Downtown Detroit.
    Where is this apartment building located?
    The property is located at 15478 Northlawn St Detroit, MI.
    What is the asking price?
    The asking price for this property is $269,900.
    What are key features of this property?
    This property features: - Separate 1-bedroom, 1-bathroom bonus home ideal for short-term rentals or additional income.; - Fully remodeled multi-family property with two updated units in the main residence.; - Strategically located near Downtown Detroit, Wayne State University, and the University of Detroit Mercy.
    (248) 288-3500
    Request Owner's contact information
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    Detroit, MI 48238
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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
    15478 Northlawn St Detroit, MI 48238
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