$125,000 for Sale

13918 terry street, detroit, MI 48227

Beds 3 Baths 2 1,482 Sqft 0.11 Acres 1 of 33
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Property Description
Excellent turnkey investment opportunity in Detroit! 13918 Terry St is fully renovated and occupied with a new and vetted tenant paying $1,500 per month. Offered at only $125,000, this property delivers an outstanding 14.4% cap rate from day one. Complete renovation includes new paint, windows, electrical, plumbing, furnace, water heater, kitchen and baths. Do not forget the rare and massive 3 car garage in the oversized backyard. Valid City of Detroit Certificate of Occupancy and Certificate of Compliance on file; property meets all rental standards and is Section 8 eligible. Current tenant is on a market-rate lease; full documentation, lead clearance, and tenant info available upon request. Ideal for hands-off or out-of-state investors seeking immediate cash flow in a strong rental submarket. Do not miss this rare combination of condition, occupancy, and return. Priced for quick sale. BATVAI
General Information
Sale Price: $125,000
Price/SqFt: $84
Status: Active
MLS#: rcomi60958213
City: detroit
Post Office: detroit
Schools: detroit city school district
County: Wayne
Subdivision: schoolcraft sub 3
Acres: 0.11
Lot Dimensions: 40X120
Bedrooms:3
Bathrooms:2   (2 full, 0 half)
House Size: 1,482 sq.ft.
Acreage: 0.11 est.
Year Built: 1925
Property Type: Single Family
Style: Bungalow
Features & Room Sizes
Bedroom 1:  10x10
Bedroom 2 :  10x10
Bedroom 3:  10x10
Bedroom 4: 
Family Room: 
Greatroom: 
Dinning Room: 
Kitchen:  12x10
Livingroom:  14x16
Pole Buildings: 
Paved Road:  Paved Street
Garage:  3
Garage Description:  Detached Garage
Exterior:  Brick,Vinyl Siding
Basement:  Yes
Basement Description:  Partially Finished
Foundation :  Basement
Heating:  Forced Air
Fuel:  Natural Gas
Watersource:  Public Water
Tax, Fees & Legal
Est. Summer Taxes:  $861
Est. Winter Taxes:  $103
HOA fees: 


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(989) 274-1331 Call Wendy Brown for more information about this property.

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Wendy Brown
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(989) 274-1331

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This Home located at
13918 terry street, detroit MI 48227
is currently for sale priced at $125,000 and was listed on December, 09, 2025 and has been on the market for 3 days.

13918 terry street has 3 bedrooms, 2 bathrooms, and approximately 1,482 square feet. This home is in the detroit city school district school district and has a lot size of 40X120 with 0.11 acres and was built in 1925. 13918 terry street is in the 48227 ZIP Code area of detroit.

If you have any question about this property or any others, please don't hesitate to contact me.