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15500 Cruse St Detroit, MI 48227

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For Sale
$210,000

Turnkey duplex with immediate cash flow and significant upside potential.

Type:Investment
Added:
Apr 9, 2026
Days on Market:
8
Last Refresh:
Apr 9 at 7:00 am

Property Features for 15500 Cruse St

General Information

Standard status
Active
Property subtype
Investment

Building Details

Year Built
1919

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Listing Contact
Ahsan Tarar

Listing agent Ahsan Tarar License #6501431339

Listing office

Listing date Apr 9, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Ahsan Tarar


Overview

Renovated Duplex in Strong Rental Market

This renovated duplex, completed in 2024, presents a turnkey opportunity for immediate cash flow in a robust rental market. The property features a unit mix of one 4-bedroom unit and one 3-bedroom unit. Both units are currently occupied and generate a combined income of $2,100 per month ($1,100 and $1,000 respectively). Market data indicates potential for increased rental income, with comparable 3-bedroom units renting for approximately $1,250 to $1,400 per month and 4-bedroom units achieving $1,600 to $1,700 per month. This suggests a path to increase rents to a range of $2,900 to $3,100+ per month. The property has a bike score of 51, indicating it is bikeable. The walk score is 79, indicating it is very walkable. The transit score is 48, indicating some transit options are available.
Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

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

Location Insight

  • Map
  • Local Demand
City
Detroit
County
Wayne
State
Michigan
Longitude
-83.1832161
Latitude
42.4053242

FAQs

What type of property is this?
Duplex - Turnkey duplex with immediate cash flow and significant upside potential.
Where is this duplex located?
The property is located at 15500 Cruse St Detroit, MI.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Fully renovated in 2024, offering a turnkey investment property; Immediate cash flow with existing tenants generating $2,100/month; Significant rental upside potential, with market rents supporting $2,900–$3,100+/month
More about this property
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