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Listed price in listed location currency (USD).
$195,000

020

MLS® 20261003938

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size 2558 sqft
Garage 
Taxes $2,959
Days Active 250
Lot Size 0.09 Acres
Approx. Age 1924
Avg. Price Per Sqft $76
MLS® Number 20261003938

Property Address: 5061 Hillsboro St, Detroit, MI, 48204-2935

Average square foot calculated using Size range provided by listing agent.

Description

Income-Producing Brick Duplex | Section 8 | Turnkey Solid brick duplex featuring two spacious 3-bedroom, 1-bath units, one on each level. Each unit includes its own private basement with separate laundry, offering convenience and strong tenant appeal. Both units are currently rented, generating a combined monthly income of $2, 700. One unit is occupied by a Section 8 tenant, providing stable, government-backed income, while the second unit is leased to a standard cash tenant, creating a balanced and diversified rental stream. This is a true turnkey asset with extensive 2024–2025 upgrades, keeping CAPEX reserves in your pocket, not in the property. Nearly everything a new owner would typically worry about has already been addressed: -Updated kitchens in both units (2025) -Updated bathrooms in both units (2025) -New windows in the lower unit (2025) -Fresh paint throughout the entire building (2025) -New water lines (2024) -New electrical lines (2024) Separate utilities, functional layout, and strong rental history make this an ideal opportunity for investors seeking immediate cash flow. Also well-suited for owner-occupants looking to offset or potentially eliminate their mortgage with rental income.
MLS® Number20261003938
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1924
BasementFull, Unfinished
Driveway
Garage Spaces
HeatForced Air, Natural Gas
A/C

Extras

Price History

Last Sold Price

$165,000$165K

Appreciation

-7.6%

Avg. Days Listed

76 days

Today, For Sale for $195,000

Traditional style home featuring brick siding, a porch, and a front lawn
For Sale · 249 days

$195,000

MLS® 20261003938

8 months ago

Not Sold Yet

January 2026, For Sale for $195,000

Traditional style home featuring brick siding, a porch, and a front lawn
For Sale · 249 days

$195,000

MLS® 20261003938

8 months ago

Not Sold Yet

February 2024, Sold for $165,000

Sold · 39 days

$165,000$175,000

MLS® 20230105553

3 years ago

Sold on Feb 4, 2024

  • Feb 4, 2024, Sold for $178,500

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