Back to Search
Turnkey 4-Unit Rental Property

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
250 Monroe Ave NW #400, Grand Rapids, MI
Listed by Nicholas M Zeoli
Added: Jul 16 Checked: Jul 17 at 1:06 pm
MLS# 20261055120 Listing URL

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 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.

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

Suggested Use

Real Estate Agency Law Firm Spa & Massage Center Electrical Service Skin Care Clinic Gym & Fitness Center Garden Center Furniture & Home Goods Parking Lot & Garage Nail Salon

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

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
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message