18627 Asbury Park
Detroit, Michigan 48235
2
Bed
1
Bath
723Sqft
0.09Acre(Lot)
Welcome to this cozy and fully updated ranch home located in Detroit's desirable College Park neighborhood — a turnkey rental investment currently generating $1,200/month with a reliable, cash-paying tenant already in place! This income-producing property features brand-new laminate flooring, fresh paint throughout, updated bathrooms and kitchen, new windows, and new appliances, requiring zero renovation and offering immediate cash flow from day one. The home offers a functional and comfortable layout with plenty of natural light, a full basement for extra storage or additional living space, and a garage for added convenience. With a 12% ROI at just 20% down, this is a rare opportunity to acquire a stabilized asset in a desirable Detroit neighborhood — don't miss out, inquire today!
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Bedroom Information
Total Bedrooms: 2Bathroom Information
Total Baths: 1 Full Baths: 1 -
Room Information
Total Rooms: 3Interior Features
Basement Description: Unfinished -
Heating & Cooling
Heating: Forced Air Heating Fuel: Natural Gas
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Building Information
Year Built: 1939 Building Stories: 1 Story Foundation/Basement: Basement Architecture: Ranch -
Exterior Features
Construction: Brick -
Utility Features
Sewer: Sewer (Sewer-Sanitary) -
Water
Public (Municipal)
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Lot Information
Lot Size: 0.09 Lot Dimensions: 40X101.1 Frontage Feet: 40 -
Property Information
SQ ft: 723 Subdivision: Redford Southfield Court 2 Financing: Cash,Conventional,Warranty Deed
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Listing Price Information
Original List Price: $112,500 -
Listing Information
Possession: Subject To Tenant Rights Legal Description: W ASBURY PARK 705 REDFORD SOUTHFIELD COURT SUB NO 2 L60 P80 PLATS, W C R 22/637 40 X 101.10A
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Tax Information
Annual Tax: $1,800 Parcel Number: W22I061798S -
Possession
Subject To Tenant Rights -
Legal Information
Legal Description: Section: W ASBURY PARK 705 REDFORD SOUTHFIELD COURT SUB NO 2 L60 P80 PLATS, W C R 22/637 40 X 101.10A
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Parking Information
Has Garage: Yes Garage Size: 1 Car Garage Description: Detached -
Multi-Unit Information
Road Frontage: Paved
-
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 |
|---|---|---|---|---|---|
| 16706 Asbury Park , Detroit, MI, 48235 | $162,500 | 3 | 1 | 1,203 | 1,203 SqFt |
| 18667 Rutherford Street , Detroit, MI, 48235 | $225,000 | 3 | 3 | 1,320 | 1,320 SqFt |
| 20308 Gilchrist Street , Detroit, MI, 48235 | $143,000 | 3 | 1.5 | 1,350 | 1,350 SqFt |
| 18426 Winthrop Street , Detroit, MI, 48235 | $125,000 | 3 | 2 | 1,127 | 1,127 SqFt |
| 16580 Rutherford Street , Detroit, MI, 48235 | $79,500 | 3 | 1 | 839 | 839 SqFt |
| 5566 W Outer Drive , Detroit, MI, 48235 | $225,000 | 3 | 1.5 | 2,083 | 2,083 SqFt |
| 19461 Murray Hill Street , Detroit, MI, 48235 | $60,000 | 2 | 1.5 | 935 | 935 SqFt |
| 20495 Meyers Road , Detroit, MI, 48235 | $50,000 | 2 | 1 | 735 | 735 SqFt |
| 16731 Biltmore Street , Detroit, MI, 48235 | $140,000 | 4 | 1 | 986 | 986 SqFt |
| 18435 Sorrento Street , Detroit, MI, 48235 | $215,000 | 3 | 1.5 | 1,544 | 1,544 SqFt |
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ByOwner last updated this listing 06/20/2026 @ 06:22
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