Fully Occupied Brick
For Sale
$153,000
15003 Forrer St, Detroit, MI 48227
Two-family brick property with immediate rental income and long-term potential.
Property Size2,246 SF
Lot Size0.11 Acres
Days on Market165
Property Features for 15003 Forrer St
General Information
Standard status
Active
Size
2,246 SF
Lot size
0.11 Acres
Property subtype
Investment
Taxes and HOA fees
Annual Taxes
$3,431
Building Details
Building Size
2,246 SF
Year Built
1928
Units
2
Listing Agency:
eXp Realty
(888) 501-7085
Listed By:
Adrienne Ponce · License #6501439342
(888) 501-7085
Source:
Elliman
Added: Mar 10
Changed: Aug 13
Last Checked: Aug 21 at 9:54AM
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 eXp Realty
Investment Insights
Based on property information with market context.
This fully occupied two-family brick duplex is an investor special, offering immediate rental income. Each unit features 2 bedrooms, 1 full bath, a spacious living room, a formal dining room, and a full kitchen. Both units include a four-seasons bonus room, suitable for additional storage, office space, or a sitting area. The property is located on a corner lot with fencing, enhancing privacy and curb appeal. The location is close to major roads, amenities, and public transit. The property is located in a strong rental area with continued demand for multi-family properties. The property is ideal for seasoned investors expanding their portfolio, new investors looking to start with an income-producing asset, and buyers exploring house hacking while generating rental income. Rent collection begins at closing.
Key Highlights
- Fully Occupied: Immediate rental income from day one with existing tenants.
- Solid Brick Construction: Durable and low‑maintenance brick exterior on a corner lot.
- Two Income‑Producing Units: Each unit features 2 bedrooms, 1 bath, living room, dining room, and kitchen.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
478
Businesses Nearby
Explore this area
Business Placement
Demographics for 48227, MI
40,266
Population
19,933
Households
2
Avg Household Size
36
Median Age
12%
College-Educated
83%
High-School Grad
7.5 sq mi
ZIP Area
5,369
Density / Sq Mi
$36,221
Median Household Income
$31,797
Median Earnings
$1,034
Median Rent
$70,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-family brick property with immediate rental income and long-term potential.
Where is this duplex located?
The property is located at 15003 Forrer St Detroit, MI.
What is the asking price?
The asking price for this property is $153,000.
What are key features of this property?
This property features: Fully Occupied: Immediate rental income from day one with existing tenants.; Solid Brick Construction: Durable and low‑maintenance brick exterior on a corner lot.; Two Income‑Producing Units: Each unit features 2 bedrooms, 1 bath, living room, dining room, and kitchen.
