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Renovated Rental Portfolio
For Sale
$965,000

12735 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 12735 Lawton Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Residential
Bedrooms 18
Bathrooms 9
Full bathrooms 9
Rooms Bedroom 17, Bedroom 5, Bedroom 16, Bedroom 2, Basement, Bedroom 3, Bedroom 4, Bathroom 5, Bathroom 7, Bedroom 8, Bedroom 9, Bathroom 9, Bedroom 11, Bedroom 1, Bathroom 6, Bathroom 2, Bedroom 10, Bedroom 6, Bedroom 13, Bathroom 8, Bathroom 3, Bedroom 18, Bedroom 7, Bathroom 4, Bedroom 15, Bedroom 12, Bathroom 1, Bedroom 14
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 W12I006368S004
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 S 17.33 FT 53 S 17.33 FT OF E 13 FT 52 ROBERT OAKMANS CHERRYLANE SUB L38 P77 PLATS, W C R 12/268 17.33 X 48
Tax Annual Amount 903
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 S 17.33 FT 53 S 17.33 FT OF E 13 FT 52 ROBERT OAKMANS CHERRYLANE 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 7:06AM
MLS# 20261025583

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 listing is a turnkey 9-property portfolio comprising nine single-family homes and one vacant lot used for tenant parking. Each home provides 2 bedrooms and 1 bathroom, with a wood-burning fireplace and additional attic and basement space for storage. The portfolio was extensively renovated in 2024, including new plumbing, electrical systems, flooring, roofs, furnaces, and hot water tanks, along with fully updated kitchens and bathrooms.

The properties are located in Detroit, MI 48238 within Wayne County, including addresses on Lawton Street and Glendale. The Lawton addresses listed are 12741 and 12745 Lawton, along with 2901, 2903, 2907, 2911, 2915, and 2919 Lawton. The Glendale vacant lot is 2921 Glendale, currently used for tenant parking.

All properties are lead certified and reported to be in compliance. Property room sizes are estimated and should be verified by the buyer or buyer’s agent. Please note all properties are occupied; do not disturb tenants. A processing fee of $495.00 is required to be paid to the listing broker at closing, and the buyer will receive a warranty deed and title insurance with a clean title.

Key Highlights

  • 9‑property single‑family rental portfolio: each unit is 2 bedrooms and 1 bathroom
  • All properties were extensively renovated in 2024 with new plumbing, electrical, flooring, roofs, furnaces, and hot water tanks
  • Kitchens updated with new flooring, cabinets, countertops, and appliances; bathrooms include all new fixtures

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

100%
Occupancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

648
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Single family property - Nine renovated single-family rentals plus a vacant lot for tenant parking, all lead certified and currently occupied.
Where is this single family property located?
The property is located at 12735 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 rental portfolio: each unit is 2 bedrooms and 1 bathroom; All properties were extensively renovated in 2024 with new plumbing, electrical, flooring, roofs, furnaces, and hot water tanks; Kitchens updated with new flooring, cabinets, countertops, and appliances; bathrooms include all new fixtures
More about this property
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