About This Home

This 4-bedroom, 2-bathroom residential multi family at 18657 Binder Street in Detroit, MI is listed for $141,500 ($94 per sqft). Built in 1925, the home offers 1,500 sqft of living space on a 0.09 acres lot.

Key Features

  • Built in 1925
  • 0.09 acre lot
  • 2 stories

Property Details

2 stories
2 full
1925
Listing Description

Look no further than this beautiful 2 unit established rental income Duplex, and an opportunity to expand your investment portfolio. Offered at $141,500, this fully occupied duplex in Hamtramck, currently generates $1,800 in combined monthly rent-$21,600 annually-with an approximate 15.3% gross rental yield before expenses.

Each unit features two bedrooms, one full bathroom, a kitchen, living room, and dining room, offering functional layouts across approximately 1,500 square feet. Renovated in 2017, the property includes a covered front porch, enclosed backyard, and an unfinished basement with laundry space.

Convenient access to parks, shopping, and major freeways adds to its rental appeal. Tenant occupied; showings require at least 48 hours' advance notice. Buyer and buyer's agent to verify all property information, rental income, and expenses.

Monthly Cost Estimate

$757/mo

20% down · 6.5% · 30 years

Principal$102
Interest$613
Insurance$41

Estimates only. Actual payments may vary.

Location

18657 Binder Street

Detroit, MI 48234

Dodge Land

Features & Amenities

Interior Features

Laundry Facility

Property Details

Construction

Aluminum

Cooling

Ceiling Fan(s)

Questions & Answers

This 4-bedroom, 2-bathroom residential multi family at 18657 Binder Street is listed at $141,500 ($94/sqft). The estimated monthly payment is $757 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1925, 0.09 acre lot, 2 stories. Interior Features: Laundry Facility.

This property is listed by Katarina Von Eper.

KE

Katarina Von Eper

Agent at eXp Realty

Listed by eXp Realty · Broker phone: (888) 501-7085 · View on Broker Site

MLS# 20261083246· Source: Realcomp Limited II· 16 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.

18657 Binder Street, Detroit, MI 48234

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