Address
3273 Cortland Street, Detroit, MI
Price
$ 250,000
Property Attributes
- MLS#61024288
- TypeSingle Family
- Listing Status Active
- CountyWAYNE
- CityDetroit
- AreaDetroit
- NeighborhoodLinwood Heights
- Zip48206
- StyleColonial
- Year Built1924
- Taxes$ 3640
- Price$ 250,000
- Bedrooms6
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage2700
- Lot Size0.1 Acres
Data Source:
MiRealSource (MIRS)
Property Description
Completely renovated duplex and ready for its next owner, 3273 Cortland offers two spacious 3-bedroom, 1-bath units with projected rental potential of up to $3,100/month - an impressive combination of condition, income potential, and flexibility for both investors and owner-occupants. Extensively renovated in 2024, nearly every aspect of the property has been updated, including a new roof, new windows, updated kitchens and bathrooms, luxury vinyl plank flooring, fresh interior and exterior paint, and updated plumbing, electrical, and mechanicals. Outside, the improvements continue with new front and rear decks, a fully fenced backyard, and a newly built 2-car garage. Separate gas and electric meters help simplify tenant management. For investors, projected rents of up to $3,100/month provide $37,200 in potential annual gross income and the potential for an approximately 12% cap rate based on projected rents and estimated expenses at the current asking price. Both units are currently vacant, giving the next owner control from day one - select your own tenants and establish new leases, or occupy one unit and rent the other to help offset your housing costs. Conveniently located near Henry Ford Hospital, Wayne State University, Midtown, the Motown Museum, Downtown Detroit, major roads, schools, and area amenities. With the major renovations already completed, strong projected rental potential, and two fully available units, 3273 Cortland is ready for an investor to put to work or an owner-occupant to call home. Schedule your private showing today. BATVAI. No Seller-Financing or Land Contract offers will be presented to the seller. Video and audio recording may be in place.
| Price History | |
|---|---|
| 8/25/2026 | Listed $250,000 |
General Features
| Heating | Forced Air |
|---|---|
| Cooling | Ceiling Fan(s) |
| Possession | At Close |
| Fireplaces | LivRoom Fireplace |
| Garage | Detached Garage |
| Water | None |
| Appliances | Range/Oven,Refrigerator |
| Status | Active |
| Full Baths | 2 |
| Bathrooms | 2 |
| Year Built | 1924 |
| Pets Allowed | Yes |
| Subdivision | Linwood Heights |
| Style | Colonial,Other |
| County | Wayne |
| Class | RESIDENTIAL |
| Type | Single Family |
| Ownership | Private |
| Associated Document Count | 1 |
| Status | Active |
| Subdivision | MI |
| Sale/Rent | For Sale |
| Manufactured Y/N | No |
| Structure Style | 2 Story |
| Subj to Short Sale Apprvl | No |
| Home Warranty Y/N | No |
| Area | Detroit (82001) |
| Primary City | Detroit |
| Directions | Travel South on Dexter,make a left on Cortland |
| City | Detroit |
| School District | Detroit City School District |
| Lease Y/N | No |
| Originating MLS | RealComp |
| Source MLS | MI Real Source |
| Financial Terms | Cash,Conventional,FHA,VA |
| Legal Description | S CORTLAND 553 LINWOOD HEIGHTS SUB L35 P6 PLATS,W C R 12/201 35 X 120.50 |
| DOM | 23 |
| Postal Code | 48206 |
| Price Per Sq Ft Total AG | 92.59 |
| Public Remarks | Completely renovated duplex and ready for its next owner,3273 Cortland offers two spacious 3-bedroom,1-bath units with projected rental potential of up to $3 |
Interior Features
| Basement | Partially Finished |
|---|---|
| Bedroom 3 Level | Entry |
| Bedroom 1 Level | Entry |
| Bedroom 2 Level | Entry |
| Bedroom 4 Width | 12 |
| Bedroom 2 Width | 14 |
| Bedroom 3 Width | 13 |
| Bedroom 4 Length | 13 |
| Bedroom 2 Length | 13 |
| Bedroom 3 Length | 13 |
| Bedroom 5 Length | 13 |
| Beds | 6 |
| Fireplace? | Yes |
| Total Rooms | 8 |
| Bedroom 6 Length | 13 |
| Bedroom 5 Width | 13 |
| Bedroom 6 Width | 14 |
| Bedroom 1 Length | 12 |
| Bedroom 1 Width | 13 |
| Bedroom 6 Level | Second |
| Below Grade SqFt | 1350 |
| Above Grade SqFt | 2700 |
| Basement Y/N | Yes |
| Total SqFt Finished | 3375 |
Exterior Features
| Exterior | Brick |
|---|---|
| Exterior Amenities | Exterior Balcony,Deck,Fenced Yard,Patio,Porch |
| Frontage | 35 |
| Lot Size Area | 0.1 |
| Pool (Y/N) | No |
| Lot Dimensions | 35X120.5 |
| Garage # of Car | 2 |
| Roads | Paved Street |
| FOUNDATION TYPE | Basement |
| Waterfront Y/N | No |
| Garage Y/N | Yes |
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 48206
Price
Taxes
Year Built
Visits
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