18738 Morang Drive

Off Market

18738 Morang Drive

Detroit MI 48205

1680 sq. ft.

0.17 ac.

Multi-Family

Last sold for $125,000

Michael Cash, last sold this property on 07 December 2023 after -303 days on market.

Overview

**Incredible Investment Opportunity with Over 10% Cap Rate!** Discover the perfect addition to your investment portfolio ? a remarkable townhouse-style duplex offering a fantastic cap rate of over 10%! This exceptional property boasts two thoughtfully designed two-bedroom units, each with its own private basement and a host of appealing features. **Unit Features:** - Spacious two-bedroom layouts that provide ample room for comfortable living. - Well-appointed kitchen in unit 18738, boasting brand-new cabinets and elegant granite countertops. - Each unit features a full bathroom - Expansive living spaces designed with a focus on both functionality and aesthetics. **Exterior and Maintenance:** - The exterior showcases timeless brick construction that exudes charm and durability. - Freshly painted exterior enhances the property's curb appeal, welcoming residents and visitors alike. - The roof is in excellent condition, providing peace of mind for the new owner. - Enjoy relaxing moments on the covered front porch **Income Potential and Lease Information:** - Unit 18742 is currently tenanted and generating steady rental income, with a recent lease renewal at $810 per month. - Previous tenant in the other unit was paying $995 per month, showcasing the potential for increased rental income. - These figures underscore the impressive financial prospects of this investment opportunity. **Parking and Location:** - Abundant parking space in the backyard offers convenience and flexibility for residents. - Street parking is readily available, providing additional options for parking needs. **Property Details:** -Blocks away from Ford Resource and engagement center - This property consists of two separate parcel IDs, while connected and sharing a common wall. - Schedule your showing today to seize this promising investment prospect and add it to your real estate portfolio-

Features

2 bathrooms

2 carspaces

1 garage space

1680 sq. ft. floor area

0.17 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 18738 Morang Drive is $80k.

Median value

$80k

Estimated value range

$26.5k - $430k

Median days on market

Estimated value trend

-20%

decrease 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 18738 Morang Drive

2025

Rented

Undisclosed

19 Sep 2025

2024

Rented

Undisclosed

08 Mar 2024 by eXp Realty, LLC (CE - SR08 - Michigan - STHeast)

2023

Sold

$125,000

07 Dec 2023 by Michael Cash, of National Realty Centers-Northville

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, 15 multi families similar to 18738 Morang Drive, have been sold.

This represents a 42% increase in multi families sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Detroit for a market analysis.

Timothy Davis

at Golden Key Realty Group LLC

4.6

(5 reviews)

Get a market analysis

Lashanta Singleton

at eXp Realty

(8 reviews)

Get a market analysis

Lilia Igram

(35 reviews)

Get a market analysis

Cynthia Payton-Hines

at Lynn & Associates

(47 reviews)

Get a market analysis

Nearby agents

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

Timothy Davis

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

4.6 (5 reviews)
1 Review in Detroit
1 Sale in Detroit

View profile

Lashanta Singleton

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

5 (8 reviews)
1 Review in Detroit
1 Sale in Detroit

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Lilia Igram

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

5 (35 reviews)
1 Review in Detroit
1 Sale in Detroit

View profile

Cynthia Payton-Hines

Sellers who recommend Cynthia Payton-Hines have praised them for being local expert, responsive, empathetic, friendly, clear communication, patient, and detail-oriented