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7393 Vaughan Street, Detroit, MI 48228

$80,000
  • 7393 Vaughan Street, Detroit, MI 48228 Main Photo

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New to the Market Active
BEDS3 BATHS1 full SQUARE FEET1,100 MLS#20261052016
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONWalshs John H Warren Ave Evergreen Park SCHOOLDetroit

Property Description

It's currently rented at $900 per month (rent is increasing to $1,000) per month Aug 1. Tenant has been here since 2022. Always pays on time, cash tenant. At 7393 Vaughan, Detroit, MI 48228, this 3-bedroom single-family home offers the kind of straightforward, buy-and-hold appeal investors look for: a clean, right-sized footprint, an established rental setup, and day-one income already in place. With tenants paying $900 per month and in place since 2022, this sale positions you to step into an operating property with a proven rent history. Inside, the home provides 1,100 sq ft of living space arranged across 3 bedrooms and 1 bath, creating a layout that supports practical daily living and steady tenant demand. The extra bedroom count adds flexibility for how the space is used, while the overall size stays efficient for easier upkeep and long-term ownership. Whether you are building a portfolio one stable asset at a time or adding another performing door to an existing lineup, the fundamentals here are built around durability and usability. Outside, the 5,411 sq ft lot gives you additional space beyond the interior, adding breathing room and options for how the property functions over time. A lot of this size can support everyday needs like outdoor use and general separation from neighboring structures, while keeping the property manageable for long-term ownership and tenant turnover cycles. For investors who value simplicity, this is the type of Detroit single-family rental that can fit cleanly into a long-range strategy: an established tenant base, consistent monthly rent, and a classic 3-bed configuration that is widely sought after in many rental markets. If you want a property where the story is already written in real rent checks, this one deserves a closer look. Request the details and schedule a showing to confirm the current tenancy and see how 7393 Vaughan can support your next buy-and-hold move.

7393 Vaughan Street | MLS# 20261052016

This single family home located at 7393 Vaughan Street, Detroit, MI 48228 is currently listed for sale with an asking price of $80,000. This property was built in 1937 and has 3 bedrooms and 1 full baths with 1100 sq. ft. Vaughan Street is located in the Walshs John H Warren Ave Evergreen Park subdivision within the Detroit school district. Search Walshs John H Warren Ave Evergreen Park real estate on www.ikeyrealty.com today.

Property Features

Property Type: Residential - Single Family
Basement: Unfinished
Fuel Type: Natural Gas
Garage: 2
Heating: Forced Air
Home Style: Bungalow
Lot Size: 0.12 Acres
Year Built: 1937

Feature Descriptions

Architecture: Bungalow
Days on Site: 2
Exterior: Vinyl
Foundation: Basement
Frontage Feet: 40
Garage/Parking: Detached
Lot Dimensions: 0.12 Acre(s)
Parking Notes: Detached
Road Frontage: Paved
Summer Tax: $1633.0000
Water Heater: Natural Gas
Winter Tax: $1953.0000

Local Schools

School District: Detroit

Listed By / Shown By

Listed By

Agency Name: JNA Real Estate
Agency Phone: (248) 648-0484

Shown By

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

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Estimated Payment

$ 470.83 per month $447.50 Principal & Interest $0.00 Property Tax (data not provided by mls) $23.33 Homeowner's Insurance

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