$139,900
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15852 Washburn ST Dearborn, MI 48238
2 Baths
2,398 SqFt
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Sold
Purchase Type For Sale
Square Footage 2,398 sqft
Price per Sqft $52
Subdivision Dyers St Marys
MLS Listing ID 20251010764
Sold Date 10/24/25
Style CapeCod,Colonial
Full Baths 2
Year Built 1929
Property Sub-Type MultiFamily
Property Description
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!
Location
State MI
County Wayne
Area Area05042Det6Tiregrnfldlivernois
Rooms
Basement Full, PartiallyFinished
Interior
Interior Features EntranceFoyer, HighSpeedInternet, ProgrammableThermostat
Heating ForcedAir, NaturalGas
Cooling CeilingFans, CentralAir
Laundry GasDryerHookup, LaundryRoom, WasherHookup
Exterior
Exterior Feature ChimneyCaps, Lighting
Parking Features Garage, Lighted, OnStreet, Unassigned
Fence BackYard, Fenced, FencingAllowed
Pool None
Community Features Sidewalks
View Y/N No
Roof Type Asphalt
Garage true
Building
Foundation Basement, Block
Sewer PublicSewer
Water Public
Schools
School District Detroit
Others
Senior Community false
Acceptable Financing Cash, Conventional, FHA, WarrantyDeed
Listing Terms Cash, Conventional, FHA, WarrantyDeed
Special Listing Condition ShortSaleNo, Standard
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