Brick facade featuring multiple windows and a central entrance
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12769 Meyers Road

Detroit, Michigan 48227
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Bed 8

Bed

Bath 4

Bath

SqFt3,658

Sqft

Acres0.19

Acre(Lot)

Turnkey 4-unit investment opportunity in Detroit, 3 of 4 units currently occupied. All four units are identical 2-bedroom/1-bath layouts — two leased at $1,000/month, one at $950/month, and the fourth in the process of being leased at $1,000/month and set to be occupied prior to closing, bringing total gross rent to $3,950/month ($47,400/year). All tenants pay cash and have a consistent on-time payment history, with low turnover across the building. Major capital items have been addressed, including a newer furnace, roof, windows, and hot water tank, and the vacant unit has been freshly painted with new carpet and is move-in ready. A private, fenced backyard and separate utilities per unit round out this stabilized, cash-flowing addition to any rental portfolio.

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Detail Ic Property Details

Property Type : Multifamily

Price : $275,000

AD Id : 88100963

MLS Id : 20261055120

Beds : 8

Lot Size : 0.19 Acre

Living Area Size : 3,658 Sq. Ft

Tax Amount : $4,492

Year Built : 1925

Garage : On Street

County : Wayne

Subdivision: Lakeview Estates Sub

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Feature Features

  • Bathroom Information

    Total Baths: 4 Full Baths: 4
  • Interior Features

    Circuit Breakers,Entrance Foyer,Laundry Facility Roof: Asphalt Basement Description: Unfinished,Common,Private Storage Locker
  • Heating & Cooling

    Cooling: Central Air,Separate Meter,Window Unit(s) Heating: Forced Air Heating Fuel: Natural Gas

    Water Heater

    Natural Gas

  • Building Information

    Year Built: 1925 Building Stories: 2 Story Total Units: 4 Roof: Asphalt Foundation/Basement: Basement Architecture: Colonial
  • Exterior Features

    Fenced Construction: Brick
  • Utility Features

    Sewer: Sewer (Sewer-Sanitary)
  • Water

    Public (Municipal) Water Heat: Natural Gas

  • Lot Information

    Lot Size: 0.19 Lot Dimensions: 70X115 Frontage Feet: 70
  • Property Information

    SQ ft: 3658 Subdivision: John M Welchs Mayview Sub 2 Financing: Cash,Conventional,FHA

  • Listing Price Information

    Original List Price: $275,000
  • Listing Information

    Possession: At Close Legal Description: W MEYERS 167&166 JOHN M WELCHS MAYVIEW SUB NO 2 L33 P28 PLATS, W C R 22/64 70 X 115

  • Tax Information

    Annual Tax: $4,492 Parcel Number: W22I020551C2
  • Possession

    At Close
  • Legal Information

    Legal Description: Section: W MEYERS 167&166 JOHN M WELCHS MAYVIEW SUB NO 2 L33 P28 PLATS, W C R 22/64 70 X 115

  • Unit 2 Information

    # of Bedrooms: 4

  • School Information

    School District: Detroit
  • Utility Information

    Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary)
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
12754 Meyers Road , Detroit, MI, 48227 $54,900 4 2 1,506 0.09 Acre
13614 Meyers Road , Detroit, MI, 48227 $45,000 4 2.5 1,901 0.08 Acre
12927 Plymouth Road , Detroit, MI, 48227 $499,000 11 10 4,467 0.28 Acre
12824 Steel Street , Detroit, MI, 48227 $197,900 8 -- -- 0.15 Acre
9950 Ward Street , Detroit, MI, 48227 $110,000 4 2 2,058 0.12 Acre
15485 Appoline Street , Detroit, MI, 48227 $194,900 4 2 2,151 0.10 Acre
15501 Appoline Street , Detroit, MI, 48227 $169,000 4 2 2,065 0.10 Acre
9534 Littlefield Street , Detroit, MI, 48227 $89,900 -- 2 1,524 0.12 Acre
15025 Steel Street , Detroit, MI, 48227 $119,900 4 2 1,880 0.09 Acre
15803 Appoline Street , Detroit, MI, 48227 $165,000 4 2 2,041 0.10 Acre
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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 09/15/2026 @ 15:07

MLS: 20261055120 LISTED BY: Nicholas M Zeoli , Real Broker, LLC 855-450-0442 SOURCE: Realcomp II Ltd

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