Fully Occupied Two-Family Brick Corner Property – Investor Special!
Welcome to 15003 Forrer, a solid brick duplex offering immediate rental income and long-term upside. Both units feature 2 bedrooms, 1 full bath, a spacious living room, formal dining room, and a full kitchen. Each unit also includes a four-seasons bonus room on the rear of the home—perfect for additional storage, office space, or a cozy sitting area. Both tenants are agency tenants. Guaranteed cash flow.
Upper & Lower Units Are Both Tenant-Occupied, producing steady income from day one. The property sits on a corner lot with fencing, offering added privacy and curb appeal. Strong rental area with continued demand for multi-family properties.
This is an ideal property for:
Seasoned investors expanding their portfolio
New investors looking to start with an income-producing asset
Buyers exploring house hacking while generating rental income
Key Highlights:
Fully occupied – rent collection begins at closing
Brick construction on a corner lot
Four-seasons room in both units
Separate living & dining rooms in each unit
Close to major roads, amenities, and public transit
Don’t miss this opportunity to secure a cash-flowing multi-family in an appreciating market. Schedule your showing today!
For sale
$173,000
15003 Forrer St, Detroit, MI 48227
4beds
2,246sqft
Est.:
Duplex
Built in 1928
-- sqft lot
$-- Zestimate®
$77/sqft
$-- HOA
What's special
Brick constructionCorner lotFour-seasons room
- 93 days |
- 191 |
- 11 |
Zillow last checked: 8 hours ago
Listing updated: November 12, 2025 at 01:48pm
Listed by:
Adrienne Ponce 888-501-7085,
EXP Realty Main 888-501-7085
Source: Realcomp II,MLS#: 20251052797
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Natural Gas
Features
- Basement: Full,Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 2,246 sqft
- Finished area above ground: 2,246
Property
Parking
- Total spaces: 2
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 4,791.6 Square Feet
- Dimensions: 34 x 142
Details
- Parcel number: W22I054471S
- Zoning description: MultiFamily, Residential
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subtype: Duplex
Materials
- Brick
- Foundation: Basement, Block
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1928
- Major remodel year: 2024
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: RUGBY
Location
- Region: Detroit
Financial & listing details
- Price per square foot: $77/sqft
- Tax assessed value: $33,531
- Annual tax amount: $3,431
- Date on market: 11/9/2025
- Cumulative days on market: 93 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,Warranty Deed
Estimated market value
Not available
Estimated sales range
Not available
$1,117/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/10/2025 | Listed for sale | $173,000+64.9%$77/sqft |
Source: | ||
| 10/11/2025 | Listed for rent | $1,165$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/22/2025 | Listing removed | $1,165$1/sqft |
Source: Realcomp II #20240070201 Report a problem | ||
| 9/18/2024 | Listed for rent | $1,165-6.8%$1/sqft |
Source: Realcomp II #20240070201 Report a problem | ||
| 8/4/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $45,800 +25.5% |
| 2024 | -- | $36,500 +23.7% |
| 2023 | -- | $29,500 +29.4% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$996/mo
Principal & interest
$671
Property taxes
$264
Home insurance
$61
Climate risks
Neighborhood: Grand River-St. Marys
Nearby schools
GreatSchools rating
- 4/10Edison Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 3/10DPSCD Virtual SchoolGrades: K-12Distance: 0.2 mi
- 2/10Cody High SchoolGrades: 9-12Distance: 2.8 mi
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