About This Home

This 8-bedroom, 4-bathroom residential multi family at 12769 Meyers Road in Detroit, MI is listed for $275,000 ($75 per sqft). Built in 1925, the home offers 3,658 sqft of living space on a 0.19 acres lot.

Key Features

  • Built in 1925
  • 0.19 acre lot
  • 2 stories

Property Details

2 stories
4 full
1925

Amenities

A/C
Listing Description

Turnkey 4-unit investment opportunity in Detroit, 3 of 4 units currently occupied. All four units are identical 2-bedroom/1-bath layouts - two leased at $1,000/month, one at $950/month, and the fourth in the process of being leased at $1,000/month and set to be occupied prior to closing, bringing total gross rent to $3,950/month ($47,400/year).

All tenants pay cash and have a consistent on-time payment history, with low turnover across the building. Major capital items have been addressed, including a newer furnace, roof, windows, and hot water tank, and the vacant unit has been freshly painted with new carpet and is move-in ready. A private, fenced backyard and separate utilities per unit round out this stabilized, cash-flowing addition to any rental portfolio.

Monthly Cost Estimate

$1,471/mo

20% down · 6.5% · 30 years

Principal$199
Interest$1,192
Insurance$80

Estimates only. Actual payments may vary.

Location

12769 Meyers Road

Detroit, MI 48227

John M Welchs Mayview Sub 2

Features & Amenities

Interior Features

Circuit BreakersEntrance FoyerLaundry Facility

Exterior Features

Fenced

Property Details

Construction

Brick

Heating

Forced Air

Cooling

Central AirWindow Unit(s)Separate Meters

Questions & Answers

This 8-bedroom, 4-bathroom residential multi family at 12769 Meyers Road is listed at $275,000 ($75/sqft). The estimated monthly payment is $1,471 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1925, 0.19 acre lot, 2 stories. Interior Features: Circuit Breakers, Entrance Foyer, Laundry Facility. Exterior Features: Fenced.

This property is listed by Nicholas M Zeoli.

NZ

Nicholas M Zeoli

Agent at Real Broker LLC

Listed by Real Broker LLC · Broker phone: (855) 450-0442 · View on Broker Site · Broker website

MLS# 20261055120· Source: Realcomp Limited II· 108 days on PropertySimple

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.

12769 Meyers Road, Detroit, MI 48227

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