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1583 Hurlbut Street

Detroit, Michigan 48214
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$257,900 $1,087/Mo
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Bed 9

Bed

Bath 2

Bath

SqFt2,556

Sqft

Acres0.09

Acre(Lot)

High-yield Detroit duplex with stable income and value-add upside. Prime investment structure: two-unit duplex (multi-family zoning) with 3-bedroom units—ideal for long-term rental demand and simple portfolio scaling. Fully occupied with tenant possession and existing leases in place, delivering immediate cash flow from day one; rent reportedly includes sewer and water. Favorable operating footprint: 33 x 115 lot, paved road frontage, on-street parking and public utilities (water/sewer/cable available), simplifying management and lowering capital surprises. Solid building fundamentals: built 1907 with poured full basement (approx. 1,045 sq ft) and updated systems possible to prioritize for value-add; duplex layout and two-story configuration support unit-level renovations and ren t bumps. Complete renovation 2024 inside and out. Updated plumbing, electrical with new service pannels, HVAC with new furnances, all seperate utilities except one water meter that the tenants split the bill. New windows, roof & exterior siding, new decking and patios. Financial edge for buyers: lower listing price (seller motivated to move to larger multifamily) creates opportunity for immediate equity and accelerated returns through modest rent increases, expense optimization, or unit upgrades. Compare to comparables in the $300,000+ range. Quick due-diligence wins: clear public records (property ID W1910048775S) and mapped location in Detroit (zip 48206) enable fast underwriting and neighborhood comparables. Financing and exit: Detroit investor-friendly loan products exist for small multifamily; current 30-year fixed quotes near 7% for approved credit may apply—shop multiple lenders for best leverage to boost cash-on-cash returns.

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Detail Ic Property Details

Property Type : Multifamily

Price : $257,900

AD Id : 87654282

MLS Id : 20261050840

Beds : 9

Lot Size : 0.09 Acre

Living Area Size : 2,556

Year Built : 1907

Garage : On Street

County : Wayne

Subdivision: Waterworks (plats)

  • Map Map

Map

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Feature Features

  • Bathroom Information

    Total Baths: 2 Full Baths: 2

  • Room Information

    Porches: Porch - Covered,Deck,Porch,Covered

    Interior Features

    Smoke Alarm,Cable Available,Carbon Monoxide Alarm(s),Circuit Breakers Roof: Asphalt Basement Description: Unfinished

  • Heating & Cooling

    Heating: Forced Air Heating Fuel: Natural Gas

  • Building Information

    Year Built: 1907 Building Stories: 2 Story Total Units: 22 Roof: Asphalt Foundation/Basement: Basement Architecture: Duplex

  • Exterior Features

    Construction: Vinyl

  • Utility Features

    Sewer: Sewer (Sewer-Sanitary)

  • Water

    Public (Municipal)

  • Lot Information

    Lot Size: 0.09 Lot Dimensions: 33x115 Frontage Feet: 33

  • Property Information

    SQ ft: 2556 Subdivision: WATERWORKS (PLATS) Financing: Cash,Conventional

  • Listing Price Information

    Original List Price: $257,900

  • Listing Information

    Possession: Subject To Tenant Rights Legal Description: W HURLBUT N 33 FT 178 WATERWORKS SUB L9 P91 PLATS, W C R 19/33 33 X 115

  • Tax Information

    Annual Tax: $5,211 Parcel Number: W19I004875s

  • Possession

    Subject To Tenant Rights

  • Legal Information

    Legal Description: Section: W HURLBUT N 33 FT 178 WATERWORKS SUB L9 P91 PLATS, W C R 19/33 33 X 115

  • Unit 3 Information

    # of Bedrooms: 3

  • School Information

    School District: Detroit

  • Utility Information

    Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary)
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MLS Logo

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 07/08/2026 @ 22:15

MLS: 20261050840 LISTED BY: Richard K Rosen , Fresh Start Homes 248-413-5201 SOURCE: Realcomp II Ltd

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