About This Home

This 16-bedroom, 8-bathroom residential multi family at 13660 Ohio Street in Detroit, MI is listed for $600,000 ($103 per sqft). Built in 1927, the home offers 5,832 sqft of living space on a 0.28 acres lot.

Key Features

  • Built in 1927
  • 0.28 acre lot
  • 2 stories

Property Details

2 stories
8 full
1927
Listing Description

Turnkey 8-unit investment opportunity in Detroit's desirable Davison-Schoolcraft neighborhood! The current seller has owned and managed the property for the past 20 years. This well-maintained multifamily property is 100% occupied, with all units updated and leased.

Each of the eight units offers 2 bedrooms and 1 full bathroom, currently generating $1,000 per month per unit for strong and consistent cash flow from day one. Each unit has its own individual address, furnace, and utility service. Tenants pay their own gas and electric, while the landlord pays water.

Recent improvements include a roof approximately 8 years old and hot water tanks that are approximately 1-2 years old. Furnaces are approximately 18 years old, with 3-4 having been replaced within recent years. Ideally located just off I-96 for convenient access throughout Metro Detroit and minutes from major area anchors including University of Detroit Mercy, Detroit Golf Club, and nearby hospitals.

This location offers strong tenant demand and long-term investment potential. Whether you're expanding your portfolio or purchasing your first multifamily asset, this fully occupied, income-producing property offers an excellent opportunity with minimal upfront work needed. Square footage source is Realist. Buyer and buyer's agent to verify all information. Some MLS information is based on another address, as no PRD was available for the subject property address.

Monthly Cost Estimate

$3,209/mo

20% down · 6.5% · 30 years

Principal$434
Interest$2,600
Insurance$175

Estimates only. Actual payments may vary.

Location

13660 Ohio Street

Detroit, MI 48238

John M Welch Jrs Wyoming- Schoolcraft

Property Details

Construction

Brick

Heating

Forced Air

Questions & Answers

This 16-bedroom, 8-bathroom residential multi family at 13660 Ohio Street is listed at $600,000 ($103/sqft). The estimated monthly payment is $3,209 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1927, 0.28 acre lot, 2 stories.

This property is listed by James T Silver.

JS

James T Silver

Agent at M77 LLC

Listed by M77 LLC · Broker phone: (248) 649-7200 · View on Broker Site · Broker website

MLS# 20261025626· Source: Realcomp Limited II· 197 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.

13660 Ohio Street, Detroit, MI 48238

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