15461 Vaughan Street
Detroit, Michigan 48223
3
Bed
2.5
Bath
1,200Sqft
0.11Acre(Lot)
Attention Investors: Turnkey, immediate cash-flowing opportunity with a reliable, long-term tenant in place. Opportunities like this are hard to find, especially properties that exceed the "1% Rule". This property has been occupied by the same tenant for the past 10+ years, who pays on time and is currently on a month-to-month lease, offering both stability and flexibility. The home is sound, featuring a newer roof and HVAC system. Interior highlights include spacious rooms and a large primary suite upstairs with a rare ensuite bathroom. The partially finished basement adds additional usable space, complete with laundry and a half bath. All appliances are included for a seamless transition. Outside, you’ll find a 2-car garage and a well-kept street in a neighborhood where pride of ownershi
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 3Bathroom Information
Total Baths: 2.5 Full Baths: 2 Half Baths: 1 -
Room Information
Total Rooms: 9 Porches: Porch - Enclosed,Porch,EnclosedInterior Features
Smoke Alarm,Exterior Video Surveillance Roof: Asphalt Basement Description: Partially Finished Fireplace: Yes Appliances: Dishwasher,Dryer,Free-Standing Gas Oven,Free-Standing Refrigerator,Range Hood,Washer -
Heating & Cooling
Cooling: Ceiling Fan(s),Central Air Heating: Forced Air,High Efficiency Sealed Combustion Heating Fuel: Natural GasFireplace
Family RoomWater Heater
Natural Gas
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Building Information
Year Built: 1950 Building Stories: 1 1/2 Story Fireplace: Family Room Roof: Asphalt Foundation/Basement: Basement Architecture: Bungalow -
Exterior Features
Construction: Brick -
Utility Features
Sewer: Sewer (Sewer-Sanitary) -
Water
Public (Municipal) Water Heat: Natural Gas
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Lot Information
Lot Size: 0.11 Lot Dimensions: 40X115 Frontage Feet: 40 -
Property Information
SQ ft: 1200 Subdivision: Morningside Sub Financing: Cash,Conventional
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Listing Price Information
Original List Price: $100,000 -
Listing Information
Possession: Rental Agreement Legal Description: W VAUGHAN 68 MORNINGSIDE SUB L41 P61 PLATS, W C R 22/471 40 X 115
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Tax Information
Annual Tax: $3,871 Parcel Number: W22I098281S -
Possession
Rental Agreement -
Legal Information
Legal Description: Section: W VAUGHAN 68 MORNINGSIDE SUB L41 P61 PLATS, W C R 22/471 40 X 115
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Parking Information
Has Garage: Yes Garage Size: 2 Car Garage Description: Detached -
Multi-Unit Information
Road Frontage: Paved
-
School Information
School District: Detroit -
Fire Place Information
Fire Place: Yes Fire Place Location: Family Room Fire Place Type: Natural -
Utility Information
Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary)
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 12930 Hazelton Street , Detroit, MI, 48223 | $139,000 | 3 | 2 | 1,141 | 1,141 SqFt |
| 22751 N Kane Street , Detroit, MI, 48223 | $129,000 | 3 | 1 | 955 | 955 SqFt |
| 18844 Bretton Drive , Detroit, MI, 48223 | $296,000 | 4 | 1.5 | 2,385 | 2,385 SqFt |
| 13592 Rosemont Avenue , Detroit, MI, 48223 | $59,999 | 3 | 1 | 980 | 980 SqFt |
| 13623 Penrod Street , Detroit, MI, 48223 | $58,000 | 2 | 1 | 912 | 912 SqFt |
| 12876 Faust Avenue , Detroit, MI, 48223 | $75,000 | 2 | 1 | 760 | 760 SqFt |
| 14300 Penrod Street , Detroit, MI, 48223 | $345,000 | 3 | 2.5 | 2,346 | 2,346 SqFt |
| 12906 Faust Avenue , Detroit, MI, 48223 | $50,950 | 2 | 1 | 706 | 706 SqFt |
| 13524 Faust Avenue , Detroit, MI, 48223 | $45,950 | 2 | 1 | 960 | 960 SqFt |
| 14550 Penrod Street , Detroit, MI, 48223 | $299,900 | 3 | 2 | 1,700 | 1,700 SqFt |
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ByOwner last updated this listing 07/27/2026 @ 23:20
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