18657 Binder

Detroit, MI 48234
  • $141,500

    Price
  • 2

    Bath
  • 1,500

    SqFt
  • 0.09

    Acre

About the Listing 103418 - RC456185

Look no further than this beautiful 2 unit established rental income Duplex, and an opportunity to expand your investment portfolio. Offered at $141,500, this fully occupied duplex in Hamtramck, currently generates $1,800 in combined monthly rent--$21,600 annually--with an approximate 15.3% gross rental yield before expenses. Each unit features two bedrooms, one full bathroom, a kitchen, living room, and dining room, offering functional layouts across approximately 1,500 square feet. Renovated in 2017, the property includes a covered front porch, enclosed backyard, and an unfinished basement with laundry space. Convenient access to parks, shopping, and major freeways adds to its rental appeal. Tenant occupied; showings require at least 48 hours' advance notice. Buyer and buyer's agent to verify all property information, rental income, and expenses.

Listing Highlights for 18657 Binder

Status Active
Days on Site 22
Property Type Multi-Family
MLS ® 61038763
Year Built 1925
Total Square Footage 1,500
Lot/Acreage 0.09
County Wayne
Neighborhood Dodge Land

Interior Details

  • Bathrooms: 2 Full
  • Appliances:
  • Air Cond: Ceiling Fan(s)
  • Heating: Other-See Remarks
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 1500
  • Basement: Poured
  • Other:
  • Water: Public Water

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 30X133
  • Zoning: Multi-Family
  • Roof:
  • Others: Porch
  • Sewer:

Financial Details

  • Tax Amount: $1,055
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: N/A

Payment Calculator

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Listing Location

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18657 Binder Detroit, MI 48234

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Originating MLS: RealComp

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Melanie Lovati

Associate Broker | Innovation RES | Innovation Real Estate Specialists

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