Dearborn, MI 48238,15852 Washburn Street
Dearborn, MI 48238,15852 Washburn Street
Dearborn, MI 48238,15852 Washburn Street
31
$139,900
Est.Price: ?

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2 BA
3,920 Sqft Lot

15852 Washburn Street Dearborn, MI 48238

Est. payment /mo
SOLD DATE : 10/24/2025

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Key Details

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 20251010764

Year Built 1929

Annual Tax Amount $4,437

Lot Size 3,920 Sqft

Property Description

Investor alert! 15852 Washburn St is a solid brick duplex delivering strong rental potential and an impressive cap rate for buy-and-hold investors seeking cash flow from day one. Featuring nearly 2,000 sq ft of total living space, this two-unit property offers classic hardwood floors, generous room sizes, and separate entrances — making it ideal for dual tenancy or a live-in owner setup. The exterior has been freshly painted, and the property is secured and primed for rehab or tenant placement. Located just minutes from major corridors, freeways, and commercial hubs, it benefits from steady rental demand and increasing area development. Whether you're new to real estate or scaling your portfolio, this opportunity checks the right boxes: location, layout, and cash-on-cash return. It's rare to find a multifamily property in this condition and location with such high income potential and a favorable entry point. Don't miss your chance to lock in solid passive income and long-term equity growth — schedule your showing today and make your move on Washburn!

Location

State MI

County Wayne

Area Wayne County - 100

Zoning Multi-Family

Interior

Heating Forced Air

Cooling Central Air

Exterior

Amenities Available Pets Allowed

View Y/N No

Building

Lot Description Sidewalk

Water Public

Structure Type Brick

Schools

School District Detroit

Others

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

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Listed by EXP Realty Main

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Ron Otto

Ron Otto

Agent | License ID: 6501430575

+1(989) 370-1245

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