2463 Ford Street, Detroit, MI 48238 (MLS # 60951475)
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REDUCED! FULLY RENOVATED CASH-FLOW GEM NEAR BOSTON EDISON DISTRICT LOCATED JUST SIX MINUTES FROM THE HISTORIC BOSTON EDISON DISTRICT, THIS EXCEPTIONAL DUPLEX AT 2463 FORD SITS NESTLED ON A 3,485 SQ. FT. LOT IN A QUIET, STABLE NEIGHBORHOOD OF HOMEOWNERS. THIS JEWEL IS AN INVESTOR'S DREAM, FEATURING SIGNIFICANT RECENT CAPITAL IMPROVEMENTS DESIGNED FOR LOW-MAINTENANCE OPERATION: EXTERIOR: BRAND NEW TEAR-OFF 40-YEAR CROWN ROOF, GUTTERS, AND TRIM. MOST WINDOWS HAVE BEEN UPGRADED TO TOP-OF-THE-LINE, MAINTENANCE-FREE, LOW-E APPOINTMENTS. SYSTEMS: BRAND NEW FURNACES AND NEWLY INSTALLED HOT WATER TANKS, BRAND NEW PLUMBING, AND UPDATED ELECTRICAL SYSTEMS ENSURE HASSLE-FREE CASH FLOW FOR YEARS TO COME. INTERIORS: TWO SPACIOUS UNITS (ONE TWO-BEDROOM, ONE THREE-BEDROOM) FEATURE FRESHLY RENOVATED BATHROOMS, NEW PAINT THROUGHOUT, AND NEWLY REFURBISHED OR CURATED HARDWOOD FLOORS. INVESTMENT HIGHLIGHTS: THIS PROPERTY OFFERS RELIABLE MONTHLY INCOME OF OVER $2,500. TENANTS ARE RESPONSIBLE FOR ALL UTILITIES EXCEPT WATER, ALLOWING THIS INVESTMENT TO GENERATE A ROBUST RETURN ON INVESTMENT OF JUST UNDER 20 PERCENT. TAXES HAVE BEEN SUCCESSFULLY REDUCED TO APPROXIMATELY $200 PER MONTH. THIS DIAMOND IS READY TO BE WRAPPED AROUND A LUCKY OWNER'S FINGER SOON! NOTE: NO SHOWINGS WITHOUT AN ACCEPTED FULL-LIST OFFER. LET'S CLOSE
| DAYS ON MARKET | 2 | LAST UPDATED | 12/18/2025 |
|---|---|---|---|
| TRACT | Robert Oakmans Twelfth St | YEAR BUILT | 1925 |
| COMMUNITY | Detroit (82001) | COUNTY | Wayne |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| School District | Detroit City School District |
|---|
| PRICE HISTORY | |
| Prior to Nov 14, '25 | $275,000 |
|---|---|
| Nov 14, '25 - Nov 24, '25 | $265,000 |
| Nov 24, '25 - Dec 3, '25 | $250,000 |
| Dec 3, '25 - Dec 18, '25 | $225,000 |
| Dec 18, '25 - Today | $224,000 |
| ADDITIONAL DETAILS | |
| AREA | Detroit (82001) |
|---|---|
| BASEMENT | Yes |
| CONSTRUCTION | Vinyl Siding |
| HEAT | Natural Gas |
| LOT | 3485 sq ft |
| LOT DIMENSIONS | 35X100 |
| STORIES | 2 |
| STYLE | 2 Levels |
| SUBDIVISION | Robert Oakmans Twelfth St |
| TAXES | 2436 |
| UTILITIES | Natural Gas Available, Sewer Available |
| ZONING | Multi-Family |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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Source MLS: MiRealSource
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