18027 Moenart Street
Detroit, Michigan 48234
2
Bed
1
Bath
732Sqft
0.08Acre(Lot)
Turnkey income-producing property — tenant in place, cash flowing from day one. This updated 3-bed, 1-bath bungalow is currently occupied by a cash-paying tenant on a one-year lease at $1,100/month, delivering a 14% ROI with 20% down. The property has been fully renovated — no deferred maintenance, no capital expenditure surprises. Updates include new flooring, fresh paint, updated lighting, a renovated kitchen with new cabinetry and countertops, and updated mechanicals in the full basement. Low-maintenance exterior means minimal ongoing upkeep costs. Layout offers strong rental flexibility: two main-floor bedrooms plus a large upper-level third bedroom that can serve as a flex space — attractive to a wide tenant pool. Private driveway and fenced yard add practical tenant appeal and suppor
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 2Bathroom Information
Total Baths: 1 Full Baths: 1 -
Room Information
Total Rooms: 5Interior Features
Basement Description: Unfinished -
Heating & Cooling
Heating: Forced Air Heating Fuel: Natural Gas
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Building Information
Year Built: 1950 Building Stories: 1 Story Foundation/Basement: Basement Architecture: Ranch -
Exterior Features
Construction: Vinyl -
Utility Features
Sewer: Sewer (Sewer-Sanitary) -
Water
Public (Municipal)
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Lot Information
Lot Size: 0.08 Lot Dimensions: 35X113 Frontage Feet: 35 -
Property Information
SQ ft: 732 Subdivision: Harrahs Norwood Sub Financing: Cash,Conventional,FHA,VA
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Listing Price Information
Original List Price: $80,000 -
Listing Information
Possession: Subject To Tenant Rights Legal Description: PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2021. W MOENART 383 AND E 8 FT OF VAC ALLEY ADJ HARRAHS NORWOOD SUB L34 P77 PLATS, W C R 13/232 35 X 113
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Tax Information
Annual Tax: $1,702 Parcel Number: W13I016003S -
Possession
Subject To Tenant Rights -
Legal Information
Legal Description: Section: PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2021. W MOENART 383 AND E 8 FT OF VAC ALLEY ADJ HARRAHS NORWOOD SUB L34 P77 PLATS, W C R 13/232 35 X 113
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Parking Information
Garage Size: No Garage Garage Description: Driveway -
Multi-Unit Information
Road Frontage: Paved
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School Information
School District: Detroit -
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 |
|---|---|---|---|---|---|
| 19336 Binder Street , Detroit, MI, 48234 | $59,900 | 3 | 1 | 1,293 | 1,293 SqFt |
| 19353 Runyon Street , Detroit, MI, 48234 | $40,000 | 3 | 1 | 1,000 | 1,000 SqFt |
| 8035 Quinn Street , Detroit, MI, 48234 | $59,000 | 3 | 1 | 1,316 | 1,316 SqFt |
| 20163 Bramford Street , Detroit, MI, 48234 | $74,900 | 3 | 1 | 1,032 | 1,032 SqFt |
| 18827 Keystone Street , Detroit, MI, 48234 | $99,500 | 2 | 1 | 740 | 740 SqFt |
| 17151 Albion Street , Detroit, MI, 48234 | $119,000 | 6 | 1.5 | 1,700 | 1,700 SqFt |
| 17388 Teppert Street , Detroit, MI, 48234 | $109,000 | 3 | 1 | 1,010 | 1,010 SqFt |
| 19611 Albion Street , Detroit, MI, 48234 | $45,000 | 3 | 1 | 1,000 | 1,000 SqFt |
| 17327 Teppert Street , Detroit, MI, 48234 | $115,000 | 3 | 1.5 | 1,094 | 1,094 SqFt |
| 18925 Runyon Street , Detroit, MI, 48234 | $77,000 | 3 | 1 | 840 | 840 SqFt |
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ByOwner last updated this listing 06/26/2026 @ 16:47
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