No Photos
Image 1 - 14988 Lappin St, Detroit, Michigan, 48205 - House for sale
Image 2 - 14988 Lappin St, Detroit, Michigan, 48205 - House for sale
Image 3 - 14988 Lappin St, Detroit, Michigan, 48205 - House for sale
Image 4 - 14988 Lappin St, Detroit, Michigan, 48205 - House for sale
Image 5 - 14988 Lappin St, Detroit, Michigan, 48205 - House for sale
Lappin St, Detroit, Home For Sale
14988 Lappin St, Detroit, Michigan, 48205

Lappin St, Detroit, Home For Sale

house for sale
Listed: 07/27/24

14988 Lappin St, Detroit, Michigan, 48205

4 Bed:
2 Bath:
1,440 Sq Ft Living Area:
Save
Price
$ 83,000

About This House

This high-yielding investment opportunity in Detroit awaits you! This duplex (2/1 downstairs and 2/1 upstairs) is tenant occupied with monthly rent income of$1, 750.Tenants pay water and gas (separately metered), Landlord pays water. Investment yield 20.2%. New water tank installed in Mar 2024; garage for 3 cars, property is well maintained. Favorable price for the portfolio of 7 homes: 14570Lappin, 14988Lappin, 14258Lappin, 14534Lappin, 14845Maddelein, 14465Maddelein, and 15030 Rossini - contact Agent for details. Tenant-occupied homes please do not approach the properties or disturb tenants. Viewing/inspection upon signed LOI.

Protect Yourself From Rental Scams

While we strive to provide accurate and timely information, it's essential to remain vigilant and do your due diligence when considering rental properties. Make sure to follow expert tips to reduce the risk of fraud when renting a new apartment.

Similar Houses for Sale Nearby

$84,900

4
2
704 Sq Ft

$84,900

Available: Right Now

Listed: 31/08/2024

18804 Kelly Rd, Detroit, Michigan, 48224

House
4
2
704 Sq Ft

Awesome investment opportunity on the East side, two miles away from Grosse Pointe. Lots of potential to be a great producing income property, a two in one deal , side by side units sold together. Some repairs needed, nothing an investor can n...

$79,000

4
2
1,323 Sq Ft

$79,000

Available: Right Now

Listed: 27/08/2024

16436 E State Fair St, Detroit, Michigan, 48205

House
4
2
1,323 Sq Ft

House for sale in/on/near 16436 E State Fair St, Detroit, Michigan, 48205. The price for this house is $79,000. This 1323-square-feet 4 bedroom house features 2 bathroom. Contact the agent to schedule an open house....

$69,900

4
1
1,425 Sq Ft

$69,900

Available: Right Now

Listed: 27/08/2024

15074 Mayfield St, Detroit, Michigan, 48205

House
4
1
1,425 Sq Ft

Opportunity This 4 bedroom, 1 bathroom oversized brick bungalow would be perfect for either a first-time homebuyer OR an investor looking to grow their portfolio! The property features an updated kitchen w/ granite counter-tops, hardwood floor...

$79,000

4
2
1,440 Sq Ft

$79,000

Available: Right Now

Listed: 27/08/2024

14688 Mayfield St, Detroit, Michigan, 48205

House
4
2
1,440 Sq Ft

Looking for your next investment opportunity? This property has multiple ways it can be utilized. It is zoned as a single residence but is truly a 2 unit property. As a rental opportunity, each unit has 2 bed / 1 bath and a full kitchen. The units we...

$87,000

4
1
1,280 Sq Ft

$87,000

Available: Right Now

Listed: 27/08/2024

19151 Alcoy St, Detroit, Michigan, 48205

House
4
1
1,280 Sq Ft

Come and check this single family house. One and half story property one bedroom in the upper level and 3 bedrooms in the first floor. The owner did few new touches in the property. Nice remodeled kitchen cabinet, new floor in the first floor. Fresh ...

$69,900

4
2
1,449 Sq Ft

$69,900

Available: Right Now

Listed: 31/08/2024

18701 Fairport St, Detroit, Michigan, 48205

House
4
2
1,449 Sq Ft

A must see 4 bed, 2 bath home perfect for large families or investment in the City of Detroit!! Features a nice size living room, huge kitchen, with four large bedrooms and two full baths! Fresh Carpet and Paint throughout. Great starter home that's ...

Regent Park Housing & Living

Average sale prices for houses

3 bed
Show as List Show as Graph
In August 2024, the asking price for 3 bed houses for sale in/near Regent Park, Detroit, United States averaged $82,295, a decrease of 6.1% from the previous month.
Median price trends for properties for sale in Regent Park, Detroit, United States as of August 2024.

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.