This high-yielding investment opportunity in Detroit awaits you! This duplex (2/1 downstairs and 1/1 upstairs) is occupied by long term tenants at monthly rent income of $1,400. Tenant pays water and gas (separately metered), Landlord pays water. Investment yield 16.8%. Garage for 1.5 cars, property is well maintained. Favorable price for the portfolio of 7 homes: 14570 Lappin, 14988 Lappin, 14258 Lappin, 14534 Lappin, 14845 Maddelein, 14465 Maddelein, and 15030 Rossini - contact Agent for details. ** Tenant-occupied homes please do not approach the properties or disturb tenants. Viewing/inspection upon signed LOI.
Sold for $77,000
$77,000
14528 Lappin St, Detroit, MI 48205
3beds
1,350sqft
Multi Family
Built in 1926
-- sqft lot
$61,700 Zestimate®
$57/sqft
$1,106 Estimated rent
Home value
$61,700
$46,000 - $80,000
$1,106/mo
Zestimate® history
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$1,106/mo
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$443/mo
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Zillow last checked:
Listing updated:
Listed by:
Kevin Devergilio 586-580-8092,
REALTEAM Real Estate
Bought with:
Dawn Thompson, 6501350620
Exit United Realty Professionals
Toria Howard, 6501459062
Exit United Realty Professiona
Source: Realcomp II,MLS#: 20240053736
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Natural Gas
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 1,350 sqft
- Finished area above ground: 1,350
Property
Parking
- Total spaces: 1
- Parking features: Garage
- Has garage: Yes
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 4,356 sqft
- Dimensions: 35.00 x 127.00
Details
- Parcel number: W21I021744S
- Zoning description: MultiFamily
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Bungalow
- Property subtype: Multi Family
Materials
- Other
- Foundation: Basement, Block
Condition
- New construction: No
- Year built: 1926
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Detroit
- Subdivision: GRATIOT AMERICAN PARK
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 10/4/2024 | Sold | $77,000-1.3%$57/sqft |
Source:  Realcomp II #20240053736 Report a problem | ||
| 9/3/2024 | Pending sale | $78,000$58/sqft |
Source: Realcomp II #20240053736 Report a problem | ||
| 7/24/2024 | Listed for sale | $78,000-85.2%$58/sqft |
Source: Realcomp II #20240053736 Report a problem | ||
| 7/22/2024 | Listing removed | -- |
Source: Realcomp II #20230081073 Report a problem | ||
| 9/25/2023 | Listed for sale | $526,000+1215%$390/sqft |
Source: Realcomp II #20230081073 Report a problem | ||
| 11/17/2018 | Sold | $40,000$30/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $20,700 +19% |
| 2024 | -- | $17,400 +24.3% |
| 2023 | -- | $14,000 +32.1% |
| 2022 | -- | $10,600 -28.4% |
| 2021 | -- | $14,800 |
| 2020 | $809 -3.4% | $14,800 +7.2% |
| 2019 | $838 | $13,800 +26.6% |
| 2018 | $838 | $10,900 -1.8% |
| 2017 | -- | $11,100 -11.2% |
| 2016 | $1,644 | $12,500 |
| 2015 | $1,644 +17.9% | $12,500 -10.3% |
| 2013 | $1,394 -15.2% | $13,943 -31.8% |
| 2010 | $1,644 | $20,442 -12% |
| 2009 | -- | $23,229 -13.5% |
| 2008 | -- | $26,854 |
| 2007 | -- | $26,854 +5.5% |
| 2005 | $177 | $25,454 +3% |
| 2004 | -- | $24,713 |
Find assessor info on the county website
Neighborhood: Regent Park
Nearby schools
GreatSchools rating
- NAFisher Magnet Upper AcademyGrades: 5-8Distance: 0.6 mi
- 4/10Denby High SchoolGrades: 9-12Distance: 1.1 mi
- NAFisher Magnet Lower AcademyGrades: PK-4Distance: 0.7 mi
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Estimated market value
$61,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$61,700
- Michigan
- Wayne County
- Detroit
- 48205
- Regent Park
- 14528 Lappin St
Nearby cities
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