For Sale

Listed by Anuj Chand

Source: Multiple Listing Service MiRealSource #60994761

8897 Hartwell Street, Detroit, MI, 48228

$110,000

3
2
1800 sq. ft.
0.11 ac.

SingleFam

23 days on the market

What's around 8897 Hartwell Street

About this property

Turnkey investment opportunity with immediate income already in place. This updated brick property is currently tenant occupied at $1,400 per month, with a lease secured through October 2026, allowing you to step into cash flow from day one without the time or expense of placing a tenant. At the current rental rate, the property produces $16,800 annually in gross rental income, delivering an attractive rent-to-price ratio of over 15% gross annual return before expenses. With today's DSCR lending environment, the existing rental income positions this property well for investors seeking strong debt-service coverage and cash-flow potential. The home itself has been thoughtfully updated to support long-term tenant satisfaction and minimize future capital expenses. Featuring 3 bedrooms and 1.5 baths, the property offers updated flooring, modern finishes, and a clean neutral interior that continues to attract strong rental demand. The functional layout, the modern updates, and the newer roof make this an ideal low-maintenance addition to any portfolio. Whether you're expanding your portfolio or securing your next reliable rental, this property offers the combination investors are looking for: performing income, secured tenancy, updated condition, and strong rental fundamentals at an appropriate price point.

Looking for more information on 8897 Hartwell Street?

Explore comparables, sales history and growth for this property.
Learn more

Similar properties for sale nearby

For Sale
$110,000
8835 Robson Street
Detroit MI 48228
3
1
Single-Family
Listing courtesy of ARG Realty
For Sale
$109,000
9277 Stout Street
Detroit MI 48228
3
1
Single-Family
Listing courtesy of Munoz Realty Inc
For Sale
$85,000
8316 Piedmont Street
Detroit MI 48228
3
1
1
Single-Family
Listing courtesy of Munoz Realty Inc

Other properties for sale by Keller Williams First

For Sale
$259,900
1448 Beaumont Court
Flushing MI 48433
3
4
2
Townhouse
Listing courtesy of Keller Williams First
For Sale
$274,900
5825 Cobblestone Drive
North Branch MI 48461
4
2
2
Single-Family
Listing courtesy of Keller Williams First
For Sale
$299,999
1055 E Hollywood Blvd
Clio MI 48420
4
2
6
Single-Family
Listing courtesy of Keller Williams First

Browse properties sold in nearby areas

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright [current year] MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under MLS GRID IDX Rules Updated September 16, 2024 7 U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: dmca@ratemyagent.com

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Email
© 2026 RateMyAgent