15894 Fordham Street
Detroit, Michigan 48205
3
Bed
1
Bath
1,028Sqft
0.10Acre(Lot)
15894 fordham street ---CALLING ALL INVESTORS—TENANT OCCUPIED! Excellent income-producing opportunity offered at $90,000 with a long-term tenant currently paying $1,100 per month ( Full Voucher Section 8 ). The existing lease runs through December 31, 2026, providing immediate rental income and stability for the next owner. At the current rent, the property generates $13,200 in gross annual income providing a strong CAP / ROI Rate. Property is located in a quiet, well-maintained neighborhood. Showings will be limited and coordinated based on tenant availability. Please do not disturb the tenant.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 3Bathroom Information
Total Baths: 1 Full Baths: 1 -
Room Information
Total Rooms: 6Interior Features
Basement Description: Unfinished -
Heating & Cooling
Heating: Forced Air Heating Fuel: Natural GasWater Heater
Natural Gas
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Building Information
Year Built: 1949 Building Stories: 1 Story Foundation/Basement: Basement Architecture: Bungalow -
Exterior Features
Construction: Brick -
Utility Features
Sewer: Sewer at Street -
Water
Water at Street Water Heat: Natural Gas
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Lot Information
Lot Size: 0.10 Lot Dimensions: 35X122 Frontage Feet: 35 -
Property Information
SQ ft: 1028 Subdivision: Dalbys East Pointe Financing: Cash,Conventional
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Listing Price Information
Original List Price: $90,000 -
Listing Information
Possession: At Close Legal Description: S FORDHAM 218 AND N 9 FT VAC ALLEY ADJ DALBYS EAST POINTE SUB L50 P77 PLATS, W C R 21/819 35 X 122
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Tax Information
Annual Tax: $5,097 Parcel Number: W21I019667S -
Possession
At Close -
Legal Information
Legal Description: Section: S FORDHAM 218 AND N 9 FT VAC ALLEY ADJ DALBYS EAST POINTE SUB L50 P77 PLATS, W C R 21/819 35 X 122
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Parking Information
Garage Size: No Garage -
Multi-Unit Information
Road Frontage: Paved
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School Information
School District: Detroit -
Utility Information
Water: Water at Street Sewer: Sewer at Street
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 16711 Eastburn Street , Detroit, MI, 48205 | $112,000 | 3 | 1 | 1,485 | 0.16 Acre |
| 16512 Tacoma Street, Detroit, MI, 48205 | $45,000 | 3 | 2 | 1,031 | 0.11 Acre |
| 16460 E Eight Mile Road, Detroit, MI, 48205 | $109,900 | 2 | 2 | 936 | 0.10 Acre |
| 16086 Carlisle Street, Detroit, MI, 48205 | $130,000 | 3 | 1 | 1,048 | 0.12 Acre |
| 15894 Coram Street, Detroit, MI, 48205 | $95,000 | 3 | 1 | 896 | 0.12 Acre |
| 15662 Faircrest Street , Detroit, MI, 48205 | $60,000 | 3 | 1 | 768 | 0.10 Acre |
| 15646 Saratoga Avenue, Detroit, MI, 48205 | $59,900 | 2 | 1 | 1,084 | 0.22 Acre |
| 15701 Rossini Drive, Detroit, MI, 48205 | $54,000 | -- | 1 | 960 | 0.11 Acre |
| 15461 Cedargrove Street, Detroit, MI, 48205 | $85,000 | 3 | 1 | 1,139 | 0.11 Acre |
| 15421 Mapleridge Street , Detroit, MI, 48205 | $77,600 | 3 | 1.5 | 6,098 | 0.14 Acre |
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ByOwner last updated this listing 09/13/2026 @ 14:50
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