15805 Lahser Road
Detroit, MI 48223
Multi Family · MLS # 20261068893 · Listing courtesy of KW Domain
About this home
CALLING ALL INVESTORS! This is an exceptional opportunity to expand your portfolio with a package of 8 tenant-occupied properties throughout Detroit, all offered for sale together. The portfolio currently generates $10,950 in monthly rental income, totaling $131,400 annually, providing an immediate income-producing investment. Of the 8 properties, 6 have been renovated between 2024 and 2025, offering updated properties and minimizing the need for immediate renovation work. The portfolio includes a collection of income-producing residential properties throughout Detroit. Photos shown are representative examples of properties within the portfolio featuring renovations. Whether you're looking to expand an existing rental portfolio or acquire a collection of income-producing properties, this package offers an opportunity to add scale in one transaction. See attached documents for additional property details, rental information, and portfolio specifics. ***Photos shown are representative examples of properties within the portfolio featuring renovations. ***
Interior
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Detroit
Over the last 90 days, 1,213 homes sold in Detroit for a median of $100,000, about $71 per square foot, and the typical one went under contract in 29 days. This home is listed at $1,150,000, or $887 per square foot, 1149% above the city median, and has been on the market 51 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Detroit sales or ask us for the comparable sales on this one.
Property taxes for a new owner
The current owner pays about $4,869 a year. A buyer who lives here would pay about $1,744 to $37,275 a year once the taxable value resets after the sale, at the 2025 homestead rate of 64.18 mills for Detroit City and Detroit schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.
Monthly payment estimate
Estimate only, 30 year fixed, includes taxes at a new owner's rate when listed. Ask us for a lender quote.
Location
Similar homes in Detroit
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