Back 9242 Meyers Road
Off Market

9242 Meyers Road

Detroit MI 48228

3
1
1
2229 sq. ft.
0.1 ac.
Single-Family
Last sold for $110,000
Samar TahaSamar Taha, last sold this property on 07 August 2026 after 81 days on market.

Overview

Turnkey investment opportunity in Detroit! 9242 Meyers Rd is a tenant-occupied 3-bedroom, 1-bath bungalow offering immediate cash flow and strong rental potential. Featuring a functional single-family layout with solid investment appeal, this property is ideal for investors looking to add a performing asset to their portfolio. Currently generating income with an estimated 13% cap rate, making this an excellent opportunity for both seasoned and new investors. Conveniently located near major roads, shopping, schools, and local amenities. Tenant occupied -- please do not disturb tenant. Showings available with accepted offer or approved access only.

Features

3 bedrooms
1 bathroom
1 carspace
1 garage space
2229 sq. ft. floor area
0.1 ac. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Detroit over the last 12 months, the estimated median property value of 9242 Meyers Road is $86k.

Median value
$86k
Estimated value range
$13.5k - $242.5k
Median days on market
26
Estimated value trend
8%
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 9242 Meyers Road

2026
Sold
$110,000
07 Aug 2026 by Samar Taha, of Sonic Realty LLC
2024
Sold
$35,000
17 Jul 2024 by James Simmons, of O'Connor Realty Detroit, LLC

Happy sellers in Detroit

97%
97% of sellers in Detroit reported that their sale price either exceeded or met their price expectations.

Detroit stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Detroit over the last 12 months.

Local market activity for 3 bedroom single-family properties in Detroit

In the last 12 months, 356 three-bedroom single-family properties similar to 9242 Meyers Road, have been sold.

This represents a 18% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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