Property photo 1
2 Baths
2,054 sqft

$139,900

3026 Lothrop Street, Detroit MI, 48206

Price per sqft$68.11
Built in1926
Property size2,054 sqft
Property typeMulti-family

Overview

Pending

Listed Sep 12, 2026

Updated 30h ago

Excellent opportunity for investors or owner-occupants! This tenant-occupied multifamily property offers an established income stream from day one. Each unit features 2 bedrooms, 1 full bath, and a kitchen, along with an unfinished basement. Current rents are $800/month for the upper unit and $1,100/month for the lower unit. Both tenants pay their own gas and electric, while the landlord is responsible for taxes and water. Investors can take advantage of the existing cash flow, or a future owner-occupant can explore living in one unit while generating rental income from the other. Conveniently located north of W Grand Blvd and east of Grand River. Please respect tenant privacy and do not approach or disturb tenants. BATVAI.

$931/mo

Est. mortgage payment based on a $139,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
20261073681

Interior Features

Bathrooms
2
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.08 Acres

Other Property Details

Taxes
$3,916
Tax Frequency
Annually
55+/Senior Community
No

 

Courtesy of EXP Realty Main

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Originating MLS:
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Data last updated 4:11 AM UTC, 10/12/2026

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