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12735 Lawton Street, Detroit, MI 48238

$965,000
  • 12735 Lawton Street, Detroit, MI 48238 Main Photo

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New to the Market Active
BEDS0 BATHS9 full SQUARE FEET1,108 MLS#20261025583
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONOakmans Robt Cherry Lane SCHOOLDetroit

Property Description

**Turnkey Investment Opportunity – 9-Property Portfolio in Growing Detroit Market** Don’t miss this rare opportunity to acquire a fully renovated portfolio of nine single-family homes, each offering 2 bedrooms, 1 bathroom, wood burning fireplace in each unit, with additional attic and basement space—ideal for added storage or future value potential. All properties were extensively renovated in 2024, featuring brand-new plumbing, electrical systems, flooring, roofs, furnaces, and hot water tanks, providing peace of mind and minimal maintenance for years to come. The kitchens have been completely updated with new flooring, cabinets, countertops, and appliances, while bathrooms include all new fixtures, delivering a clean, updated look tenants will love. This package also includes a vacant lot (2921 Glendale), currently used for tenant parking, adding convenience and increased rental appeal. Portfolio includes: 2901, 2903, 2907, 2911, 2915, 2919, 2921 (vacant lot) Glendale 12741, 12745 Lawton. All properties are lead certified and in compliance, making this a truly turnkey investment. Perfect for investors looking to scale quickly with a stabilized, updated rental portfolio. Important Details: Property rooms/room sizes are estimated and should be verified by the buyer or buyer’s agent. A processing fee of 495.00 is required to be paid to the listing broker at closing. The buyer will receive a clean title, warranty deed, and title insurance for added peace of mind. Don’t miss this opportunity schedule your showing today. All properties are occupied, please do not disturb the tenants.

12735 Lawton Street | MLS# 20261025583

This multi-family property located at 12735 Lawton Street, Detroit, MI 48238 is currently listed for sale with an asking price of $965,000. Lawton Street is located within the Detroit school district. Search Detroit real estate on www.ikeyrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Partially Finished
Fuel Type: Natural Gas
Heating: Forced Air
Home Style: Colonial
Lot Size: 0.02 Acres
Year Built: 1925

Feature Descriptions

Architecture: Colonial
Days on Site: 1
Exterior: Brick
Foundation: Basement
Frontage Feet: 17
Lot Dimensions: 0.02 Acre(s)
Lower Level Finished Sqft: 250
Road Frontage: Paved
Summer Tax: $846.0000
Winter Tax: $56.8600
Year Remoldeled: 2024

Local Schools

School District: Detroit

Listed By / Shown By

Listed By

Agency Name: Realtyflo Inc
Agency Phone: (313) 466-7253

Shown By

Agency Title: Key Realty
Agency Phone: 877-539-7589

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Estimated Payment

$ 5,679.39 per month $5,397.94 Principal & Interest $0.00 Property Tax (data not provided by mls) $281.46 Homeowner's Insurance

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