3026 Lothrop Street
Detroit, Michigan 48206
4
Bed
2
Bath
2,054Sqft
0.08Acre(Lot)
Excellent opportunity for investors or owner-occupants! This tenant-occupied multifamily property offers an established income stream from day one. Each unit features 2 bedrooms, 1 full bath, and a kitchen, along with an unfinished basement. Current rents are $900/month for the upper unit and $1,100/month for the lower unit. Both tenants pay their own gas and electric, while the landlord is responsible for taxes and water. Investors can take advantage of the existing cash flow, or a future owner-occupant can explore living in one unit while generating rental income from the other. Conveniently located north of W Grand Blvd and east of Grand River. Please respect tenant privacy and do not approach or disturb tenants. BATVAI.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Bathroom Information
Total Baths: 2 Full Baths: 2 -
Interior Features
Basement Description: Unfinished -
Heating & Cooling
Heating: Steam Heating Fuel: Natural Gas
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Building Information
Year Built: 1926 Building Stories: 2 Story Total Units: 2 Foundation/Basement: Basement Architecture: Colonial,Duplex -
Exterior Features
Construction: Brick -
Utility Features
Sewer: Sewer (Sewer-Sanitary) -
Water
Public (Municipal)
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Lot Information
Lot Size: 0.08 Lot Dimensions: 30X120 Frontage Feet: 30 -
Property Information
SQ ft: 2054 Subdivision: Crosman & Mc Kays Sub Financing: Cash,Conventional,FHA,VA
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Listing Price Information
Original List Price: $139,900 -
Listing Information
Possession: At Close Legal Description: N LOTHROP 81 CROSMAN & MC KAYS SUB L17 P98 PLATS, W C R 12/98 30 X 120
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Tax Information
Annual Tax: $3,916 Parcel Number: W12I001242SPossession
At CloseLegal Information
Legal Description: Section: N LOTHROP 81 CROSMAN & MC KAYS SUB L17 P98 PLATS, W C R 12/98 30 X 120
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Unit 2 Information
# of Bedrooms: 2
-
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 |
|---|---|---|---|---|---|
| 1626 Gladstone Street , Detroit, MI, 48206 | $424,900 | 8 | 4 | 3,320 | 0.12 Acre |
| 2672 Columbus Street , Detroit, MI, 48206 | $349,900 | 5 | -- | -- | 0.09 Acre |
| 3465 Wager Street , Detroit, MI, 48206 | $25,000 | 10 | 4 | 3,326 | 0.08 Acre |
| 3251 Calvert Street , Detroit, MI, 48206 | $265,000 | 7 | 3 | 2,839 | 0.10 Acre |
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ByOwner last updated this listing 09/13/2026 @ 08:39
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