Courtesy of: Carlo Gobba, EXP Realty Main, carlo.gobba@exprealty.com
Courtesy of: Carlo Gobba, EXP Realty Main, carlo.gobba@exprealty.com
$179,500
|
5 bed
|
|
2,321 square feet
|
|
2.00 Bath (2 Full)
|
|
Lot: 0.11 Acres
|
|
Other
|
$179,500
17328 Indiana Street 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 offer. Cash or conventional only. *Do not disturb tenants. Do NOT email offers; offer instructions and submission link are in ShowingTime and agent remarks.
Courtesy of: Carlo Gobba, EXP Realty Main, carlo.gobba@exprealty.com
Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.