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Back 15852 Washburn St
Off Market

15852 Washburn St

Detroit MI 48238

2
1998 sq. ft.
0.09 ac.
Multi-Family
Last sold for $125,000
Salman RoumieSalman Roumie, last sold this property on 24 October 2025 after 72 days on market.

Overview

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!

Features

2 bathrooms
1998 sq. ft. floor area
0.09 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 15852 Washburn St is $110k.

Median value
$110k
Estimated value range
$1k - $525k
Median days on market
33
Estimated value trend
25%
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 15852 Washburn St

2025
Sold
$125,000
24 Oct 2025 by Salman Roumie
2018
Sold
$15,000
01 Jun 2018 by Ralph Eskildsen, of Century 21 Row

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.

Local market activity for multi families in Detroit

In the last 12 months, 87 multi families similar to 15852 Washburn St, have been sold.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Detroit

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Arianna Lee

Sellers who recommend Arianna Lee have praised them for being local expert, clear communication, responsive, patient, supportive, pleasant, and dedicated

  •   5   (116 reviews)
  •  3 Reviews in Detroit
  •  3 Sales in Detroit
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Randall Fogelman

Sellers who recommend Randall Fogelman have praised them for being local expert, supportive, responsive, reliable, clear communication, great negotiation, and well-prepared

  •   5   (92 reviews)
  •  1 Review in Detroit
  •  1 Sale in Detroit
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Angelica Vazquez

Angelica Vazquez is a recommended agent for Detroit.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (1 review)
  •  1 Review in Detroit
  •  1 Sale in Detroit
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Tiffany McCullough

Tiffany McCullough is a recommended agent for Detroit.  They have collected 1 local review across the last 12 months.

  •   5   (2 reviews)
  •  1 Review in Detroit
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