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Image 1 - 15737 Cherrylawn St, Detroit, Michigan, 48238 - House for sale
Image 2 - 15737 Cherrylawn St, Detroit, Michigan, 48238 - House for sale
Image 3 - 15737 Cherrylawn St, Detroit, Michigan, 48238 - House for sale
Image 4 - 15737 Cherrylawn St, Detroit, Michigan, 48238 - House for sale
Image 5 - 15737 Cherrylawn St, Detroit, Michigan, 48238 - House for sale
Image 6 - 15737 Cherrylawn St, Detroit, Michigan, 48238 - House for sale
Home For Sale In Detroit, Michigan
15737 Cherrylawn St, Detroit, Michigan, 48238

Home For Sale In Detroit, Michigan

house for sale
Listed: 03/19/24

15737 Cherrylawn St, Detroit, Michigan, 48238

4 Bed:
2 Bath:
1,860 Sq Ft Living Area:
Save
Price
$ 124,950

About This House

Recently renovated 2 family flat with updated kitchens, bathrooms, electrical, plumbing and carpet! This is a great investment property. Both units are occupied with 12 month leases. Current Cap Rate: 14%. Net Operating Income: $17, 298.00.

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Fitzgerald/Marygrove Housing & Living

Household Income

Median household income: $31,283
Number of households: 266,333
The average household income in Detroit, MI grew from $30,344 to $31,283 in the past year. This data is an estimate based upon 266,333 households in Detroit, MI.
The chart below presents how household income is distributed in Detroit, MI in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Detroit, MI compared to median property taxes around the country. The prevalent amount of property taxes in Detroit, MI equals $800-$1,500 , which is less than the national average.