15818 Cherrylawn Street
Detroit, MI 48238
Single Family Residence · MLS # 20261089005 · Listing courtesy of RE/MAX Team 2000
About this home
INVESTOR SPECIAL! BRICK MULTI-FAMILY OPPORTUNITY IN DETROIT’S WEST SIDE. THIS 2-UNIT DUPLEX FEATURES A 2 BED 1 BATH UNIT AND A 1 BED 1 BATH UNIT! PROPERTY REQUIRES A FULL RENOVATION—IDEAL FOR SEASONED INVESTORS OR REHABBERS LOOKING TO ADD VALUE. BRICK EXTERIOR WITH SEPARATE ENTRANCES, LARGE ROOMS WITH NATURAL LIGHT, A DECENT SIZED UNFINISHED BASEMENT, AND A 1 CAR DETACHED GARAGE! THIS PROPERTY HAS EXCELLENT POTENTIAL FOR LONG-TERM CASH FLOW OR FUTURE RESALE. AS IS SALE. ALL DATA IS APPROXIMATE, BUYERS AGENT TO VERIFY ALL INFORMATION. HOLD HARMLESS MUST BE SIGNED PRIOR TO SHOWING.
Interior
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Detroit
Over the last 90 days, 1,214 homes sold in Detroit for a median of $99,950, about $71 per square foot, and the typical one went under contract in 29 days. This home is listed at $39,900, or $28 per square foot, 61% below the city median, and has been on the market 1 day. 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 $2,035 a year. A buyer who lives here would pay about $1,385 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
IDX information provided courtesy of Realcomp II Ltd. via The MJA Company at National Realty Centers, © 2026 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data updated Nov 14, 2026, 6:24 PM.