14500 Strathmoor Street

Detroit MI 48227

2075 sq. ft.

0.11 ac.

Multi-Family

Last sold for $155,000

Adrienne Ponce, last sold this property on 03 October 2026 after 165 days on market.

Overview

PRICE REDUCED TO $149,999 + SELLER OFFERING UP TO $3,000 IN CONCESSIONS WITH AN ACCEPTABLE OFFER! TURNKEY, INCOME-PRODUCING BRICK DUPLEX ON DETROIT'S WEST SIDE! Welcome to 14500 Strathmoor, a fully occupied two-unit brick duplex situated on a desirable corner lot and generating $1,900 in combined monthly rent. At the new asking price, the property produces $22,800 in scheduled annual gross rent--an approximately 15.2% gross rental yield based on the current rent and list price. The property features separate upper and lower units, providing an attractive setup for investors seeking immediate rental income and long-term portfolio growth. The upper unit has been newly renovated with modern updates and includes a private balcony, adding functionality and tenant appeal. Solid brick construction provides strong curb appeal and potential long-term durability, while the corner location and one-car garage offer additional convenience. PROPERTY HIGHLIGHTS: * New price: $149,999 * Seller offering up to $3,000 in concessions * Fully occupied two-unit duplex * Combined monthly rent: $1,900 * Scheduled annual gross rent: $22,800 * Approximately 15.2% gross rental yield based on current rent and list price * Separate upper and lower units * Newly renovated upper unit * Private upper balcony * Solid brick construction * Desirable corner lot * One-car garage * Immediate income-producing potential * Convenient access to major freeways, shopping, schools, and public transportation This is an opportunity to acquire a performing multifamily asset with tenants already in place. Whether expanding an existing portfolio or purchasing a first income-producing property, 14500 Strathmoor deserves immediate consideration. Please do not approach the property or disturb the tenants. A minimum of 24-48 hours' notice is required for all showings. Proof of funds or financing qualification may be requested before confirmation. Buyer and buyer's agent to verify rental information, lease terms, expenses, property condition, and all financial

Features

4 bathrooms

2075 sq. ft. floor area

0.11 ac. lot size

Multi-Family

Estimated Value

Based on this property and similar multi families sold in Detroit over the last 12 months, the estimated median property value of 14500 Strathmoor Street is $108k.

Median value

$108k

Estimated value range

$23.5k - $240k

Median days on market

Estimated value trend

30%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Detroit. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 14500 Strathmoor Street

2026

Sold

$155,000

03 Oct 2026 by Adrienne Ponce

2022

Sold

$30,000

07 Mar 2022 by Jenise Pewitt, of HJS Realty

Happy sellers in Detroit

We have insufficient information to provide an overview of customer satisfaction for Detroit. Viewing the agent profiles, reviews and sales for Detroit can provide insights for this location.