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Listed price in listed location currency (USD).
$199,900

020

MLS® 20261003938

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 2558 sqft
Garage No
Taxes $2,959
Days Active 6
Lot Size 0.09 acres
Approx. Age 1924
Avg. Price Per Sqft $78
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, 800. 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
Acreage0.09
Exterior
GarageNo
Approx. Age1924
BasementFull, Unfinished
Driveway
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 19, 2026List Date
$199,900List Price
Feb 4, 2024End Date
$178,500Sold Price

Sold

Oct 13, 2023List Date
$175,000List Price
  • Commute

Commute

Starting Address
Destination Address
5061 Hillsboro St, Detroit, MI

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