Address
15894 Fordham Street, Detroit, MI
Price
$ 90,000
Property Attributes
  • ID#61029742
  • TypeSingle Family
  • Listing Status Active
  • CountyWAYNE
  • CityDetroit
  • AreaDetroit
  • NeighborhoodDalbys East Pointe
  • Zip48205
  • StyleBungalow
  • Year Built1949
  • Taxes$ 5097
  • Price$ 90,000
  • Bedrooms3
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage1028
  • Lot Size0.1 Acres
Data Source:
MiRealSource (MIRS)
Property Description

15894 fordham street ---CALLING ALL INVESTORS--TENANT OCCUPIED! Excellent income-producing opportunity offered at $90,000 with a long-term tenant currently paying $1,100 per month ( Full Voucher Section 8 ). The existing lease runs through December 31, 2026, providing immediate rental income and stability for the next owner. At the current rent, the property generates $13,200 in gross annual income providing a strong CAP / ROI Rate. Property is located in a quiet, well-maintained neighborhood. Showings will be limited and coordinated based on tenant availability. Please do not disturb the tenant.

Price History
9/12/2026 Listed $90,000

General Features

Heating Forced Air
Kitchen Level Entry
Possession At Close
Water Public Water at Street
Status Active
Full Baths 1
Bathrooms 1
Year Built 1949
Subdivision Dalbys East Pointe
Water Heater Gas
Style Bungalow
County Wayne
Class RESIDENTIAL
Type Single Family
Associated Document Count 1
Status Active
Subdivision MI
Sale/Rent For Sale
Manufactured Y/N No
Structure Style 1 Story
Subj to Short Sale Apprvl No
Home Warranty Y/N No
Area Detroit (82001)
Primary City Detroit
Directions S of Seven Mile Rd | E of Kelly
City Detroit
School District Detroit City School District
Lease Y/N Yes
Originating MLS RealComp
Source MLS MI Real Source
Financial Terms Cash,Conventional
Legal Description S FORDHAM 218 AND N 9 FT VAC ALLEY ADJ DALBYS EAST POINTE SUB L50 P77 PLATS,W C R 21/819 35 X 122
DOM 5
Postal Code 48205
Price Per Sq Ft Total AG 87.55
Public Remarks 15894 fordham street ---CALLING ALL INVESTORS--TENANT OCCUPIED! Excellent income-producing opportunity offered at $90,000 with a long-term tenant currently paying $1

Interior Features

Dining Room Level Entry
Basement Unfinished
Bedroom 3 Level Second
Bedroom 1 Level Second
Bedroom 2 Level Entry
Kitchen Length 12
Bedroom 2 Width 10
Bedroom 3 Width 12
Dining Room Width 10
Bedroom 2 Length 12
Bedroom 3 Length 18
Dining Room Length 12
Kitchen Width 8
Beds 3
Fireplace? No
Total Rooms 6
Bedroom 1 Length 12
Bedroom 1 Width 10
Below Grade SqFt 822
Above Grade SqFt 1028
Basement Y/N Yes
Total SqFt Finished 1028

Exterior Features

Exterior Brick
Frontage 35
Lot Size Area 0.1
Pool (Y/N) No
Lot Dimensions 35X122
Roads Paved Street
FOUNDATION TYPE Basement
SEWER/SEPTIC Public At Street
Waterfront Y/N No
Garage Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 48205

Price
AVG $70K
$90K
Taxes
AVG $2,166
$5,097
Year Built
AVG 1942
1949
Visits
AVG 177
4
Data Provided by Inside Real Estate®

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