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About This Home

This 4-bedroom, 1-bathroom single family at 12261 Lansdowne Street E in Detroit, MI is listed for $115,000 ($102 per sqft). Built in 1941, the home offers 1,122 sqft of living space on a 0.12 acres lot.

Agent Description

Solid all-brick 4-bedroom home in Detroit's desirable 48224 area offering strong investment potential! This spacious property features hardwood floors throughout, two bedrooms upstairs, and a main-floor bedroom with direct access to the backyard porch/patio--ideal for added privacy or flexible living.

Fireplace is intact (currently inoperable). Major updates include roof (2019) and newer furnace and water heater (2023), providing added confidence in key mechanical systems. Full basement offers additional storage or future finishing potential. All appliances stay, including refrigerator, stove, washer, and dryer.

Generous layout allows room to modernize and increase equity with cosmetic improvements. Strong rental footprint in an established neighborhood. Excellent opportunity for buy-and-hold investors seeking long-term rental income or a value-add flip. Tenant occupied. Sold as-is. Cash or conventional financing only.

Key Features

  • Built in 1941
  • 0.12 acre lot
  • 2 stories
  • Fireplace

Property Details

2 stories
1 full
1941

Amenities

FireplaceA/C

Monthly Cost Estimate

$615/mo

20% down · 6.5% · 30 years

Principal$83
Interest$498
Insurance$34

Estimates only. Actual payments may vary.

Location

12261 Lansdowne Street E

Detroit, MI 48224

Property Details

Flooring

Wood

Construction

Brick

Pool Features

Porch

Parking

Garage

Heating

Forced Air

Cooling

Central Air

Appliances

DishwasherDisposalOvenRefrigerator

Questions & Answers

This 4-bedroom, 1-bathroom single family at 12261 Lansdowne Street E is listed at $115,000 ($102/sqft). The estimated monthly payment is $498 based on 20% down at 6.5% interest.

Key features include: Built in 1941, 0.12 acre lot, 2 stories, Fireplace.

This property is listed by Troy Fairley and can be reached at 7344194927 or troy.fairley@exprealty.com.

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TF

Troy Fairley

Agent at eXp Realty, LLC

(734) 419-4927

Listed by eXp Realty, LLC

MLS# 26007414· Source: listhub· Updated 40 days ago

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12261 Lansdowne Street E, Detroit, MI 48224

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