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12186 Roselawn Street

Detroit, Michigan 48204
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Bed 4

Bed

Bath 2

Bath

SqFt2,450

Sqft

Acres0.09

Acre(Lot)

Here's a rare investor opportunity - a fully updated duplex with both units occupied by Section 8 tenants backed by the government. This Detroit duplex features two 2-bedroom, 1-bath units, both currently rented through Section 8 at $1,150/month and $950/month, for a total monthly rent roll of $2,100/month and $25,200/year in gross scheduled income. The property has been recently refreshed, helping reduce near-term maintenance concerns and support tenant retention. Updates include brand-new vinyl windows, fresh paint throughout, new plush carpeting, updated kitchen cabinets and countertops, and new furnaces for improved efficiency and reliability. From a buy-and-hold perspective, this asset checks several important boxes: two occupied units, Section 8 rental income, separate income streams , updated interiors, and major mechanical improvements already completed. The duplex setup also helps reduce reliance on a single tenant, while the 2-bedroom unit mix remains practical and rentable in Detroit’s investor market. Priced at $170,000, the property offers an attractive 14.8% gross rent-to-price return and a 1.24% monthly rent-to-price ratio. For DSCR buyers, the current rent roll creates strong debt coverage potential. Based on a typical 75% LTV scenario, the estimated loan amount would be approximately $127,500, giving investors a solid income base to work with. Final DSCR will depend on lender rate, taxes, insurance, and underwriting, but the rental income is compelling for investors looking for cash-flowing Section 8 product. For investors seeking immediate rental income, DSCR potential, and strong gross rent performance at a reasonable price point, this duplex deserves a serious look. Please do not disturb tenants. Showings available with accepted full-list offer only.

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Detail Ic Property Details

Property Type : Multifamily

Price : $170,000

AD Id : 85501546

MLS Id : 20261046553

Beds : 4

Lot Size : 0.09 Acre

Living Area Size : 2,450

Year Built : 1923

County : Wayne

Subdivision: Hagans Farm

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Feature Features

  • Bathroom Information

    Total Baths: 2 Full Baths: 2
  • Interior Features

    Basement Description: Unfinished
  • Heating & Cooling

    Heating: Forced Air Heating Fuel: Natural Gas

  • Building Information

    Year Built: 1923 Building Stories: 2 Story Total Units: 2 Foundation/Basement: Basement Architecture: Duplex
  • Exterior Features

    Construction: Brick
  • Utility Features

    Sewer: Sewer (Sewer-Sanitary)
  • Water

    Public (Municipal)

  • Lot Information

    Lot Size: 0.09 Lot Dimensions: 35X106
  • Property Information

    SQ ft: 2450 Subdivision: Westlawn Financing: Cash,Conventional

  • Listing Price Information

    Original List Price: $170,000
  • Listing Information

    Possession: Rental Agreement Legal Description: E ROSELAWN 177 WESTLAWN SUB L31 P68 PLATS, W C R 16/236 35 X 106

  • Tax Information

    Annual Tax: $3,124 Parcel Number: W16I030132S
  • Possession

    Rental Agreement
  • Legal Information

    Legal Description: Section: E ROSELAWN 177 WESTLAWN SUB L31 P68 PLATS, W C R 16/236 35 X 106

  • Unit 2 Information

    # of Bedrooms: 2

  • School Information

    School District: Detroit
  • Utility Information

    Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary)
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Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2026 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.

ByOwner last updated this listing 06/24/2026 @ 21:10

MLS: 20261046553 LISTED BY: Anuj Chand , Keller Williams First 810-515-1503 SOURCE: Realcomp II Ltd

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