SECTION 8 TENANT IN PLACE AND CASHFLOWING! Welcome to the SECTION 8 passive cashflow that Detroit has to offer. This property is the perfect entry point and has all the basics of a sound investment: (1) Existing cashflow with a long term SECTION 8 tenant in place at $1237/month (2) Plenty of EQUITY to refinance and even execute a BRRR to pull all the money out (3) Great potential for appreciation. Detroit is on the raise and this property's close proximity to Dearborn makes it even better. That's not all - the upper unit is totally renovated and tenant ready. The seller is determined to make this an easy win for you so there is one more perk. This property is profesionally managed by a management company specifically focused on Detroit Section 8 and if you keep them on, they'll lease the upper unit. Key highlights: - New boiler 5 years ago ($6000 install) - New drain line to the city tap with permits pulled ($5000) - Upstairs unit totally updated and ready to a section 8 tenant for about $1100 for total income of $2237 - No known roof leaks Terms of the offer: - offers without a physical walk through by a contractor, agent or buyer will not be considered - offers must have a proof of funds, pre-approval and be completely filled out - This is priced to sell fast so seller will only select buyers who show a level of urgency
Joy-Schaefer, located between Joy Rd and Schaefer Hwy, is a residential and commercial Detroit neighborhood with modest brick housing stock and a corridor-style streetscape. The neighborhood’s character concentrates along Joy Road near Schaefer Highway, where small storefronts, service counters, and corner markets line the blocks. Much of the built fabric reads as mid-century Detroit: brick bungalows, duplexes, and low-rise retail set close to the sidewalk. Side streets feel quieter and more uniform, while the main roads carry the daily rhythm of errands and transit. Nearby Rouge Park adds a broad green edge for trails and open space.
Provided by Walk Score and Local Logic
Market insights
8210 Decatur St · $99,000
DAYS ON MARKET
27 days
The average home goes pending in 42 days.
SALE-TO-LIST
94.4%
Most homes are selling 6% below list price.
LIST PRICE
$99,000
Median list price in this area is $166,950. (69% higher than this home)
PRICE DROP
0 price drops
23% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Block basement
Bathrooms
2 full bathrooms
Heating & cooling
Baseboard heating
Forced air heating
Radiant heating
Exterior features
Paved street access
Home design
Duplex (Multi-family)
2-story
Built in 1927
Residential zoning
Construction
Brick and wood exterior
Basement foundation
Utilities
Public water
Natural gas
Financial info
Has lease; heat and water included
2 total units
Net operating income: $9,844
Total expenses: $5,000
Unit 1 rent: $1,237
Electricity and solar
View estimated energy costs and solar savings for this home
SECTION 8 TENANT IN PLACE AND CASHFLOWING! Welcome to the SECTION 8 passive cashflow that Detroit has to offer. This property is the perfect entry point and has all the basics of a sound investment: (1) Existing cashflow with a long term SECTION 8 tenant in place at $1237/month (2) Plenty of EQUITY to refinance and even execute a BRRR to pull all the money out (3) Great potential for appreciation. Detroit is on the raise and this property's close proximity to Dearborn makes it even better. That's not all - the upper unit is totally renovated and tenant ready. The seller is determined to make this an easy win for you so there is one more perk. This property is profesionally managed by a management company specifically focused on Detroit Section 8 and if you keep them on, they'll lease the upper unit. Key highlights: - New boiler 5 years ago ($6000 install) - New drain line to the city tap with permits pulled ($5000) - Upstairs unit totally updated and ready to a section 8 tenant for about $1100 for total income of $2237 - No known roof leaks Terms of the offer: - offers without a physical walk through by a contractor, agent or buyer will not be considered - offers must have a proof of funds, pre-approval and be completely filled out - This is priced to sell fast so seller will only select buyers who show a level of urgency
MiRealSource-MiMLS #61017148
Aug 4, 2026
Listed
$99,000
$41/sq ft
Aug 2, 2026
Coming Soon
$99,000
$41/sq ft
REALCOMP #20261041552
Jun 8, 2026
Listing Removed
—
MiRealSource-MiMLS #60999905
Jun 8, 2026
Listing Removed
—
Jun 8, 2026
Listing Removed
—
Jun 6, 2026
Coming Soon
*
Year
Property tax
Land + Additions
Assessment*
2025
$6,165 (+97.2%)
2024
$3,127 (−12.3%)
2023
$3,567 (+295.3%)
2022
$902 (+31.3%)
2021
$687
2020
$687 (+1.2%)
2019
$679 (−10.5%)
2018
$759 (+0.3%)
2017
$756 (−0.3%)
2016
$758 (−7.9%)
2015
$823 (+0.2%)
2014
$821 (−12.2%)
2013
$935
Public record
Public record
Zoning
Beds
—
Baths
1.5
Stories
2
Lot width
35 ft.
Lot depth
127 ft.
Lot size
4,356 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
1,866
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,866
Year built
1927
Style
Single Family Residential
County
Wayne County
APN
22032236.
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 7, 2026.
R1
Single-Family Residential District
The R1 Single-Family Residential District is designed to protect and preserve quiet, low-density residential areas now primarily developed and those areas which will be developed with single-family detached dwellings and characterized by a high ratio of home ownership. The regulations for this district are designed to stabilize and protect the essential characteristics of the district and to promote and encourage a suitable environment for activities associated with family life. To these ends, development is limited to a relatively low concentration and uses permitted by right are limited to single-family detached dwellings which provide homes for the residents of the area. Additional residential uses such as religious institutions, neighborhood centers, and utility uses necessary to serve the immediate area may be permitted on a conditional basis.
Permitted uses
Include but are not limited to:
Housing-Single unit
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 96° expected this year, 15 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Detroit, MI • 48228
Average low and high temperatures (°F)
29
17
35
21
53
33
62
42
68
50
82
62
85
68
81
64
78
59
66
47
50
38
37
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
96/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.9 hrs
5.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 8210 Decatur St
$95,273
$3,727 under list price of $99K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $75K to $105K.