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2 Beds
1 Bath
704 sqft

$59,900

20250 Meyers Road, Detroit MI, 48235 1184

Price per sqft$85.09
Built in1942
Property size704 sqft
Property typeResidential

Overview

Active

Listed Nov 2, 2026

Updated 3 days ago

Investor opportunity in Detroit! This tenant-occupied, 2-bedroom, 1-bath brick residence, representing one side of a duplex, offers an opportunity to expand your investment portfolio with an existing income-producing property. Currently generating $950 in monthly rental income, the property produces $11,400 in annual gross rent. With an asking price of $59,900, the current rental income represents a 19.03% gross annual rental yield before operating expenses. The residence features hardwood flooring, a functional kitchen with ample cabinetry and counter space, and a full basement offering additional storage and usable space. Conveniently situated near 8 Mile Road, major freeways, shopping, and neighborhood amenities, the property offers accessibility within an established Detroit neighborhood. Whether you're an experienced investor seeking to expand your rental portfolio or purchasing your first income-producing property, this offering presents an opportunity to acquire an established rental investment at an accessible price point.

$399/mo

Est. mortgage payment based on a $59,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
61043551

Interior Features

Bedrooms
2
Bathrooms
1
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.08 Acres

Other Property Details

Taxes
$1,671
Tax Frequency
Annually
Municipality
Detroit
MLS provider logo

Listed by Timika Burley with National Realty Centers, Inc
Listing Contact: 734-444-4498 

Based on information originating from the MiRealSource as of 11/3/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

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Data last updated on 11/3/2026 at 11:38 AM UTC

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