48221, MI homes for sale & real estate

48221, MI Homes for Sale

Charming Renovated Colonial in Detroit – A True Gem! Welcome to 16150 Washburn Street, a beautifully renovated 3-bedroom, 1.5-bath colonial nestled on a quiet, tree-lined street in Detroit's desirable 48221 ZIP code. This move-in ready home offers 1,514 square feet of finished living space and blends historic character with modern updates. Built in 1928 and extensively remodeled in 2023, this home features gorgeous original wood floors in the spacious living and dining rooms, complemented by luxury vinyl tile in the kitchen and bathrooms. The kitchen has been updated with contemporary finishes and provides ample space for cooking and entertaining. Three generously sized bedrooms upst

48221, MI Homes for Sale

SHOWN UPON ACCEPTED OFFER ONLY. Solid brick 2-unit duplex, fully leased and professionally managed. One unit is 3 bed/1 bath, the other 2 bed/1 bath, plus basement. Rents today total $1,649/mo, well below market. At market rent of approx $1,200/unit, the projected cap rate is approx 6.5% (est. after actual taxes of $8,286/yr, 10% vacancy, 10% management, insurance and reserves; buyer to verify). Lower unit is month to month and can go to market now; upper lease ends 4/30/27. Newer furnaces, updated PEX plumbing and updated electrical. City of Detroit Certificate of Compliance on file through 08/01/2029, so no city compliance work needed for years. Leases and ledgers provided after accepted

48221, MI Homes for Sale

Whether you're looking for a comfortable primary residence or a smart investment opportunity, this inviting home offers the space, updates, and flexibility to fit your needs. Fresh paint throughout, including the basement walls and flooring give the home a refreshed feel from top to bottom. Inside, the traditional floorplan offers a bright and welcoming layout with a spacious living room and separate dining room, creating plenty of room to relax, gather, and entertain. The updated kitchen features bright cabinetry and granite countertops, ideal for everyday meal preparation. The primary bedroom offers the added flexibility of an adjoining bonus room - perfect for a home office, hobby space,

48221, MI Homes for Sale

EXCELLENT INVESTMENT OPPORTUNITY– TURNKEY BAGLEY DUPLEX WITH IMMEDIATE CASH FLOW! Seize the opportunity to own this beautifully renovated two-family home in the Bagley neighborhood—one of Detroit's strongest rental markets. This fully occupied, income-producing property is truly turnkey, currently generating $2,100 per month in rental income from day one. Thoughtfully updated throughout, both units feature modern finishes including quartz countertops, new cabinetry, recessed lighting, updated bathrooms, and refreshed mechanical systems. Recent exterior improvements include newer vinyl windows, gutters, and a newer roof, offering peace of mind for years to come. Each spacious un