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Renovated Short-Term Rental Property
For Sale
$264,900

17132 Greenlawn St, Detroit, MI 48221

Updated four-bedroom property currently configured for short-term rental use with a basement offering potential for an additional unit.

Property Size3,868 SF
Price / SF$68.49
Days on Market128

Property Features for 17132 Greenlawn St

General Information

Standard status Active
Size 3,868 SF
Property subtype Residential Income

Units

Unit Mix 1 x 4BR/2BA
Multifamily Units 1

Additional Details

Gross Income $60,000

Taxes and HOA fees

Annual Taxes $9,962
Listing Agency: Keller Williams Realty-Great Lakes
Listed By: Norman Campbell
Source: Exprealty
Added: Apr 1 Changed: Aug 4 Last Checked: Aug 4 at 6:09AM

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 Keller Williams Realty-Great Lakes

Investment Insights

Based on property information with market context.

This 3,868-square-foot Detroit property is configured as a four-bedroom, two-bath short-term rental and has undergone a full renovation. The updated interior is positioned for continued short-term rental operation or conversion to a long-term rental format.

A basement area provides the potential to add a third unit, creating another possible income configuration. The property is currently operating as a short-term rental and offers a flexible layout for investors or owner-occupants. Located at 17132 Greenlawn St, the asset combines residential accommodations with multiple stated rental-use strategies.

Key Highlights

  • 3,868‑square‑foot renovated multifamily property
  • Four bedrooms and two bathrooms
  • Currently operating as a short‑term rental

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Skin Care Clinic Food Market Cafe & Coffee Shop

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

1
Residential units

Location Intelligence

Trade Area within ½ mile

385
Businesses Nearby

Demographics for 48221, MI

38,204
Population
17,452
Households
2.2
Avg Household Size
38
Median Age
29%
College-Educated
90%
High-School Grad
5.2 sq mi
ZIP Area
7,347
Density / Sq Mi
$55,583
Median Household Income
$37,019
Median Earnings
$1,174
Median Rent
$138,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Short term rental property - Updated four-bedroom property currently configured for short-term rental use with a basement offering potential for an additional unit.
Where is this short term rental property located?
The property is located at 17132 Greenlawn St Detroit, MI.
What is the asking price?
The asking price for this property is $264,900.
What are key features of this property?
This property features: 3,868‑square‑foot renovated multifamily property; Four bedrooms and two bathrooms; Currently operating as a short‑term rental
More about this property
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