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18027 Moenart ST Detroit, MI 48234
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Key Details
Property Type Single Family Home
Sub Type SingleFamilyResidence
Listing Status Sold
Purchase Type For Sale
Square Footage 732 sqft
Price per Sqft $79
Subdivision Harrahs Norwood Sub
MLS Listing ID 20261021131
Sold Date 08/06/26
Style Ranch
Bedrooms 2
Full Baths 1
Year Built 1950
Lot Size 3,484 Sqft
Acres 0.08
Property Sub-Type SingleFamilyResidence
Property Description
Turnkey income-producing property — tenant in place, cash flowing from day one. This updated 3-bed, 1-bath bungalow is currently occupied by a cash-paying tenant on a one-year lease at $1,100/month, delivering a 14% ROI with 20% down. The property has been fully renovated — no deferred maintenance, no capital expenditure surprises. Updates include new flooring, fresh paint, updated lighting, a renovated kitchen with new cabinetry and countertops, and updated mechanicals in the full basement. Low-maintenance exterior means minimal ongoing upkeep costs. Layout offers strong rental flexibility: two main-floor bedrooms plus a large upper-level third bedroom that can serve as a flex space — attractive to a wide tenant pool. Private driveway and fenced yard add practical tenant appeal and support long-term retention. Conveniently located near major roads, shopping, and everyday amenities — a solid rental location that supports low vacancy risk. Ideal for the buy-and-hold investor seeking immediate cash flow!
Location
State MI
County Wayne
Area Area05051Det68Dequindretoconner
Rooms
Basement Full, Unfinished
Interior
Heating Forced Air, Natural Gas
Fireplace No
Exterior
Parking Features Driveway, NoGarage
Pool None
View Y/N No
Garage false
Building
Foundation Basement, Poured
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Detroit
Others
Senior Community false
Acceptable Financing Cash, Conventional, FHA, VaLoan
Listing Terms Cash, Conventional, FHA, VaLoan
Special Listing Condition ShortSaleNo, Standard
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