This two-unit brick home in the growing Rugby Subdivison offers an exceptional investment opportunity. Currently generating $2,350 monthly income from reliable tenants who are on a month-to-month lease but wish to stay long-term. Renovated just 3 years ago, the property is in excellent condition with a sturdy brick exterior requiring minimal maintenance. Enjoy immediate cash flow and the security of tenants who love calling this place home. Don't miss this turnkey investment in one of Detroit's promising areas with strong rental demand.
Sold for $152,000 on 05/01/25
$152,000
14868 Forrer St, Detroit, MI 48227
4beds
2,047sqft
Duplex
Built in 1928
-- sqft lot
$158,400 Zestimate®
$74/sqft
$1,319 Estimated rent
Home value
$158,400
$143,000 - $176,000
$1,319/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: August 03, 2025 at 04:45am
Listed by:
David A Fisher 248-688-4330,
Keller Williams Advantage
Bought with:
Darryl L Sanders, 6501228332
Treasure Homes, Inc
Source: Realcomp II,MLS#: 20250021211
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Hot Water, Natural Gas
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 2,047 sqft
- Finished area above ground: 2,047
Property
Parking
- Total spaces: 2
- Parking features: Two Car Garage
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 5,662 sqft
- Dimensions: 38.00 x 150.00
Details
- Parcel number: W22I053939S
- Zoning description: MultiFamily
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subtype: Duplex
Materials
- Brick
- Foundation: Basement, Block
Condition
- New construction: No
- Year built: 1928
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Detroit
- Subdivision: RUGBY (PLATS)
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA
Price history
| Date | Event | Price |
|---|---|---|
| 5/1/2025 | Sold | $152,000+1.3%$74/sqft |
Source:  Realcomp II #20250021211 Report a problem | ||
| 4/11/2025 | Pending sale | $150,000$73/sqft |
Source: Realcomp II #20250021211 Report a problem | ||
| 3/29/2025 | Listed for sale | $150,000+1053.8%$73/sqft |
Source: Realcomp II #20250021211 Report a problem | ||
| 11/13/2013 | Listing removed | $550 |
Source: Metro Detroits Rental Pro Report a problem | ||
| 8/29/2013 | Price change | $550+10% |
Source: Metro Detroits Rental Pro Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $43,500 +25.4% |
| 2024 | -- | $34,700 +27.1% |
| 2023 | -- | $27,300 +29.4% |
Find assessor info on the county website
Neighborhood: Grand River-St. Marys
Nearby schools
GreatSchools rating
- 4/10Edison Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 3/10DPSCD Virtual SchoolGrades: K-12Distance: 0.3 mi
- 2/10Cody High SchoolGrades: 9-12Distance: 2.7 mi
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Estimated market value
$158,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$158,400