Pending

13989 Cherrylawn Street

Detroit, Michigan 48238
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Bed 4

Bed

Bath 2

Bath

SqFt1,774

Sqft

Acres0.08

Acre(Lot)

You found me, and if a brick two-family with income already in place is what you've been hunting for on Detroit's west side, you can stop looking. I'm 13989 Cherrylawn, a brick and vinyl two-family with an original fireplace surround and mantel, arched doorways, a decorative ceiling medallion, and original mosaic tile bathroom flooring, the kind of detail builders don't put in anymore. My hardwood floors are preserved underneath the laminate throughout, waiting for you to reveal them whenever you're ready. A partially finished basement and a 2-car detached garage behind a covered brick porch add everyday convenience. Here's what makes me interesting on paper. One unit is already tenant occupied at 800 dollars a month, and assuming today's roughly 6.75 percent rate, a DSCR loan at 20 perce nt down puts your cash-on-cash return around 25 percent using that income alone, meaning for every dollar you put in, you'd get about a quarter back every year after the mortgage. Live in the other unit yourself and that same 800 dollars a month can cover the bulk of your payment. Rent both units out at similar rates instead, and a low-down-payment FHA or conventional buyer could see cash-on-cash returns well over 100 percent, since so little cash goes in relative to the income coming back. I sit in the Livernois and Grand River corridor on Detroit's west side, minutes from Henry Ford Hospital and Marygrove College, with quick access to I-96 for a straight shot downtown, the kind of location that keeps tenant demand steady for years to come. Reach out to the listing agent for details.

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Detail Ic Property Details

Property Type : Multifamily

Price : $85,000

AD Id : 91310206

MLS Id : 20261062104

Beds : 4

Lot Size : 0.08 Acre

Living Area Size : 1,774 Sq. Ft

Tax Amount : $773

Year Built : 1929

Garage : Garage

County : Wayne

Subdivision: Watsonia Park Sub-dbn Heights

  • Map Map

Map

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Feature Features

  • Bathroom Information

    Total Baths: 2 Full Baths: 2
  • Room Information

    Porches: Porch - Covered,Porch,Covered

    Interior Features

    Security Alarm (owned) Basement Description: Partially Finished
  • Heating & Cooling

    Cooling: Ceiling Fan(s) Heating: Forced Air Heating Fuel: Natural Gas

  • Building Information

    Year Built: 1929 Building Stories: 1 1/2 Story Total Units: 2 Foundation/Basement: Basement Architecture: Bungalow
  • Exterior Features

    Construction: Brick,Vinyl
  • Utility Features

    Sewer: Sewer (Sewer-Sanitary)
  • Water

    Public (Municipal)

  • Lot Information

    Lot Size: 0.08 Lot Dimensions: 35X100.28
  • Property Information

    SQ ft: 1774 Subdivision: Oakman-Walsh-Weston Financing: Cash,Conventional,FHA

  • Listing Price Information

    Original List Price: $85,000
  • Listing Information

    Possession: Negotiable Legal Description: W CHERRYLAWN 217 OAKMAN-WALSH-WESTON SUB L50 P48 PLATS, W C R 16/349 35 X 100.28

  • Tax Information

    Annual Tax: $773 Parcel Number: W16I033458S
  • Possession

    Negotiable
  • Legal Information

    Legal Description: Section: W CHERRYLAWN 217 OAKMAN-WALSH-WESTON SUB L50 P48 PLATS, W C R 16/349 35 X 100.28

  • 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 09/28/2026 @ 13:22

MLS: 20261062104 LISTED BY: Shawn A Calhoun , Pretty Home Realty 248-905-1402 SOURCE: Realcomp II Ltd

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