3273 Cortland Street
Detroit, MI, 48206
$260,000
Beds
2 Baths
0 SqFt
0.1 Acres
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$260,000
3273 Cortland Street
Detroit, MI, 48206
MLS #20261032538 image #0
Turnkey, fully renovated cash-flowing duplex generating $3,000/month ($36,000 annually) in gross rental income. Offered at $255,000, this investment achieves a 1.18% rent-to-price ratio and an attractive 14.1% gross yield. Nearly every aspect of the property has been updated, including a new roof, windows, luxury vinyl plank flooring, fresh interior and exterior paint, kitchens, bathrooms, plumbing, electrical, and mechanicals—making this a truly turnkey investment. Both units feature spacious layouts with 3 bedrooms and 1 bathroom, filled with natural light, high ceilings, and charming architectural character. Updated kitchens and modern tiled bathrooms provide stylish, move-in ready living. Exterior improvements include new front and rear decks, a newly built 2-car garage, and a fully fenced backyard. Current lease provides immediate cash flow and making this an ideal setup for investors or buyers looking to offset their mortgage. Separate gas and electric meters simplify tenant management. Located on a quiet, well-maintained street near downtown, major hospitals, schools, and amenities, with continued neighborhood reinvestment and strong rental demand supporting long-term value. All major updates have been completed, resulting in zero immediate CapEx needs and allowing an investor to step into day-one cash flow.

Property Details

Price:
$260,000
MLS #:
20261032538
Status:
Active
Beds:
0
Baths:
2
Type:
Single Family
Listed Date:
May 7, 2026
Lot Size:
4,356 sqft / 0.10 acres (approx)
Year Built:
1924
Detroit

Schools

School District:
Detroit

Interior

Heating
Forced Air

Exterior

Association Amenities
Pets Allowed
Construction Materials
Brick

Financial

Net Operating Income
$32,200
Taxes
$3,261
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Current real estate data for Single Family in Detroit as of Jul 30, 2026
3,957
Single Family Listed
135
Avg DOM
84
Avg $ / SqFt
$149,953
Avg List Price

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Property Summary

    3273 Cortland Street Detroit MI is a Single Family for sale in Detroit, MI, 48206. It is listed for $260,000 and features 0 beds, 2 baths, and has approximately 0 square feet of living space, and was originally constructed in 1924. The average price per square foot for Single Family listings in Detroit is $84. The average listing price for Single Family in Detroit is $149,953.
3273 Cortland Street
Detroit, MI

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