- – beds
- 2 baths
- 2,398 sqft
- 3,920 sqft lot
- $66 per sqft
- 1929 build
- – on site
Investor alert! 15852 Washburn St is a solid brick duplex delivering strong rental potential and an impressive cap rate for buy-and-hold investors seeking cash flow from day one. Featuring nearly 2,000 sq ft of total living space, this two-unit property offers classic hardwood floors, generous room sizes, and separate entrances — making it ideal for dual tenancy or a live-in owner setup. The exterior has been freshly painted, and the property is secured and primed for rehab or tenant placement. Located just minutes from major corridors, freeways, and commercial hubs, it benefits from steady rental demand and increasing area development. Whether you’re new to real estate or scaling your portfolio, this opportunity checks the right boxes: location, layout, and cash-on-cash return. It’s rare to find a multifamily property in this condition and location with such high income potential and a favorable entry point. Don’t miss your chance to lock in solid passive income and long-term equity growth — schedule your showing today and make your move on Washburn!
Last checked:
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Last updated Jul 8, 2025
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MLS# 20251010764 —
The Building
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Year Built:1929
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Year Remodeled:2025
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New Construction:false
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Construction Materials:Brick
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Architectural Style:CapeCod, Colonial
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Roof:Asphalt
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Levels:Two
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Basement:Full, PartiallyFinished
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Basement:true
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Foundation Details:Basement, Block
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Exterior Features:ChimneyCaps, Lighting
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Patio And Porch Features:Porch
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Above Grade Finished Area:1998.0
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Below Grade Total Area:1013
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Below Grade Finished Area:400.0
Interior
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Interior Features:EntranceFoyer, HighSpeedInternet, ProgrammableThermostat
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Fireplace:false
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Laundry Features:GasDryerHookup, LaundryRoom, WasherHookup
Room Dimensions
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Living Area:2398.0
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Living Area Source:Estimated
Location
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Directions:Head south on Washburn St off of Puritan Ave
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Cross Street:S of Puritan Ave & E of James Couzens Freeway
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Latitude:42.408728
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Longitude:-83.160713
The Property
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Parcel Number:16039226
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Property Type:ResidentialIncome
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Property Subtype:MultiFamily
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Lot Size Acres:0.09
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Lot Size Dimensions:36X106
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Lot Size Units:Acres
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Zoning Description:Multi-Family
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Fencing:BackYard, Fenced, FencingAllowed
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Road Frontage Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (313) 600-6189
- Office phone:
- (888) 501-7085
Taxes
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Tax Legal Description:E WASHBURN 40 DYERS ST MARYS SUB L46 P68 PLATS, W C R 16/334 36 X 106
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Tax Assessed Value:23650
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Tax Annual Amount:4437.0
Baths
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Total Baths:2
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Full Baths:2
Heating & Cooling
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Heating:ForcedAir, NaturalGas
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Heating:true
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Cooling:CeilingFans, CentralAir
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Cooling:true
Utilities
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Sewer:PublicSewer
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Water Source:Public
Schools
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High School District:Detroit
The Community
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Subdivision Name:DYERS ST MARYS
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Senior Community:false
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Community Features:Sidewalks
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Pool Features:None
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Waterfront:false
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Pets Allowed:Yes
Parking
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Garage:true
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Attached Garage:false
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Parking Features:Garage, Lighted, OnStreet, Unassigned
IDX provided courtesy of Realcomp II Ltd., via Estately and Realcomp II Ltd, © 2025 Realcomp II Ltd. Shareholders
Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® broker Darren Yearsley #6505374810.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
IDX provided courtesy of Realcomp II Ltd. via Estately Inc. and REALCOMP. ©2025 Realcomp II Ltd. Shareholders.
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/27/25
Jun 27, 2025
|
Listed / Active | REALCOMP | $160,000 |