Photo 1 of 18657 Binder Street, Detroit MI

For Sale

18657 Binder StreetDetroit, MI 48234

$141,500

Listing courtesy of EXP Realty Main

Beds

Baths

1,500

Sqft

About

This Home

Look no further than this 2 unit, established rental income Duplex, and an opportunity to expand your investment portfolio. Offered at $141,500, this fully occupied Detroit duplex 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.

Details

Property Type: Residential Income
Style: Multi Family
Year Built: 1925
Lot Size: 0.09 acres
Garage Spaces: 0
Heating: None
Cooling: None, Ceiling Fan(s)
Basement: Unfinished, Sump Pump
Annual Taxes: $1,055
MLS #: 20261083246

About Detroit

Michigan's largest city, with a revitalized downtown and riverfront, the Midtown cultural district and historic neighborhoods like Indian Village and Boston-Edison. Home styles range from grand early-1900s homes to lofts and new construction.

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