Turnkey 4-Unit Rental
12769 Meyers Road Detroit, MI 48227
New
12769 Meyers Road, Detroit, MI, 48227
$275,000
For Sale
$275,000
MULTI_FAMILY - Colonial - Detroit, MI
Property Size3,658 SF
Lot Size0.19 Acres
Price / SF$75.18
Days on Market2
Property Features for 12769 Meyers Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Multi-Family
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bedroom 3, Bedroom 8, Basement, Bedroom 1, Bedroom 5, Bedroom 4, Bedroom 6, Bathroom 3, Bathroom 2, Bathroom 1, Bathroom 4, Bedroom 7, Bedroom 2
- Pets allowed
- Size Limit, Yes
- Interior features
- Circuit Breakers, Entrance Foyer, Laundry Facility
- Exterior features
- Fenced
- Fencing
- Fenced
- Standard status
- Active
- APN
- W22I020551C2
- Size
- 3,658 SF
- Lot size
- 0.19 Acres
Taxes and HOA fees
- Tax Description
- W MEYERS 167&166 JOHN M WELCHS MAYVIEW SUB NO 2 L33 P28 PLATS, W C R 22/64 70 X 115
- Tax Annual Amount
- 4492
Utilities
- Heating system
- Forced Air
- Cooling system
- Window Unit(s), Central Air, Separate Meters
- Water source
- Public
Building Details
- Year built
- 1925
- Floors in Building
- 2
- Number of units
- 4
- Building materials
- Brick
- Roof type
- Asphalt
- Architectural style
- Colonial
Listing Agency
Real Broker, LLC
(855) 450-0442
250 Monroe Ave NW #400, Grand Rapids, MI
Listed by
Nicholas M Zeoli
(855) 450-0442
Added: Jul 16 Checked: Jul 17 at 1:06 pm
MLS# 20261055120
Listing URL
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Investment Insights
Based on property information with market context.
This turnkey 4-unit property offers a consistent unit mix, with all four units arranged as identical 2-bedroom and 1-bath layouts. Three units are currently occupied, and the remaining unit is in the process of being leased and is set to be occupied prior to closing. With all units designed for separate utilities, the building supports straightforward operations and each tenant benefits from an independent setup. The vacant unit has been refreshed with new paint and new carpet, providing a move-in ready interior.
Recent capital improvements include a newer furnace, roof, windows, and hot water tank. Outside, the property includes a private, fenced backyard. On current leases, gross rent totals $3,950 per month ($47,400 per year), with tenants paying cash and showing a consistent, on-time payment history with low turnover across the building.
Located at 12769 Meyers Road in Detroit (Wayne County), this stabilized multifamily asset is positioned as a dependable addition to an existing rental portfolio.
Recent capital improvements include a newer furnace, roof, windows, and hot water tank. Outside, the property includes a private, fenced backyard. On current leases, gross rent totals $3,950 per month ($47,400 per year), with tenants paying cash and showing a consistent, on-time payment history with low turnover across the building.
Located at 12769 Meyers Road in Detroit (Wayne County), this stabilized multifamily asset is positioned as a dependable addition to an existing rental portfolio.
Key Highlights
- 4‑unit property built in 1925 with brick Colonial style
- All four units have identical 2‑bedroom/1‑bath layouts; 3 of 4 units currently occupied
- Current rents total $3,950/month ($47,400/year): $1,000/mo (2 units), $950/mo (1 unit), and $1,000/mo unit in leasing/ready prior to closing
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Four identical 2-bedroom, 1-bath units with separate utilities and a private fenced backyard.
Where is this quadplex located?
The property is located at 12769 Meyers Road Detroit, MI.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 4‑unit property built in 1925 with brick Colonial style; All four units have identical 2‑bedroom/1‑bath layouts; 3 of 4 units currently occupied; Current rents total $3,950/month ($47,400/year): $1,000/mo (2 units), $950/mo (1 unit), and $1,000/mo unit in leasing/ready prior to closing