5061 Hillsboro Street, Detroit, MI 48204
Description
Income-Producing Brick Duplex | Section 8 | TurnkeySolid brick duplex featuring two spacious 3-bedroom, 1-bath units, one on each level. Each unit includes its own private basement with separate laundry, offering convenience and strong tenant appeal.Both units are currently rented, generating a combined monthly income of $2,700. One unit is occupied by a Section 8 tenant, providing stable, government-backed income, while the second unit is leased to a standard cash tenant, creating a balanced and diversified rental stream.This is a true turnkey asset with extensive 2024–2025 upgrades, keeping CAPEX reserves in your pocket, not in the property. Nearly everything a new owner would typically worry about has already been addressed:-Updated kitchens in both units (2025)-Updated bathrooms in both units (2025)-New windows in the lower unit (2025)-Fresh paint throughout the entire building (2025)-New water lines (2024)-New electrical lines (2024)Separate utilities, functional layout, and strong rental history make this an ideal opportunity for investors seeking immediate cash flow. Also well-suited for owner-occupants looking to offset or potentially eliminate their mortgage with rental income.
Price & Status History
MLS Listing History6 listings
| Status | List Price | Sale Price | Listed | Sold | Board | |
|---|---|---|---|---|---|---|
| Off Market | $195,000 | — | Jan 19, 2026 | — | Realcomp | View → |
| Canceled | $1,195 | — | Oct 21, 2025 | — | Realcomp | View → |
| Sold | $175,000 | $165,000 | Dec 26, 2023 | Mar 14, 2024 | Realcomp | View → |
| Sold | $175,000 | $178,500 | Oct 13, 2023 | Mar 14, 2024 | Realcomp | View → |
| Sold | $36,000 | $26,000 | May 31, 2023 | Jun 14, 2023 | Realcomp | View → |
| Expired | $39,999 | — | May 10, 2022 | — | Realcomp | View → |
Tax & Assessment
Property Details
Listed by Ahsan Tarar
Tarar Homes