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USAMIDetroitWestlawn (Plats)12186 Roselawn St
Listing image | Image 1

12186 Roselawn St, Detroit, MI

House

For Sale

Listed price in listed location currency (USD).
$170,000

020

MLS® 20261046553

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size 2450 sqft
Garage 
Taxes $3,124
Days Active 1
Lot Size 0.09 Acres
Approx. Age 1923
Avg. Price Per Sqft $69
MLS® Number 20261046553

Property Address: 12186 Roselawn St, Detroit, MI, 48204-5416

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

Description

Here's a rare investor opportunity - a fully updated duplex with both units occupied by Section 8 tenants backed by the government. This Detroit duplex features two 2-bedroom, 1-bath units, both currently rented through Section 8 at $1, 150/month and $950/month, for a total monthly rent roll of $2, 100/month and $25, 200/year in gross scheduled income. The property has been recently refreshed, helping reduce near-term maintenance concerns and support tenant retention. Updates include brand-new vinyl windows, fresh paint throughout, new plush carpeting, updated kitchen cabinets and countertops, and new furnaces for improved efficiency and reliability. From a buy-and-hold perspective, this asset checks several important boxes: two occupied units, Section 8 rental income, separate income streams, updated interiors, and major mechanical improvements already completed. The duplex setup also helps reduce reliance on a single tenant, while the 2-bedroom unit mix remains practical and rentable in Detroit’s investor market. Priced at $170, 000, the property offers an attractive 14.8% gross rent-to-price return and a 1.24% monthly rent-to-price ratio. For DSCR buyers, the current rent roll creates strong debt coverage potential. Based on a typical 75% LTV scenario, the estimated loan amount would be approximately $127, 500, giving investors a solid income base to work with. Final DSCR will depend on lender rate, taxes, insurance, and underwriting, but the rental income is compelling for investors looking for cash-flowing Section 8 product. For investors seeking immediate rental income, DSCR potential, and strong gross rent performance at a reasonable price point, this duplex deserves a serious look. Please do not disturb tenants. Showings available with accepted full-list offer only.
MLS® Number20261046553
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1923
BasementUnfinished
Driveway
Garage Spaces
HeatForced Air, Natural Gas
A/C

Extras

Price History

Last Sold Price

$135,000$135K

Appreciation

--

Avg. Days Listed

67 days

Today, For Sale for $170,000

0 AI enhanced Large.jpeg
For Sale · 1 day

$170,000

MLS® 20261046553

A day ago

Not Sold Yet

June 2026, For Sale for $170,000

0 AI enhanced Large.jpeg
For Sale · 1 day

$170,000

MLS® 20261046553

A day ago

Not Sold Yet

July 2025, Sold for $135,000

Sold · 67 days

$135,000$159,990

MLS® 20250028925

A year ago

Sold on Jul 1, 2025

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