12769 Meyers Road

Detroit, MI 48227

$275,000
Price
8
Beds
3,658 Sq. Ft.
$75 / Sq. Ft.
3,658
Sq. Ft.
$75
per Sq. Ft.
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Brick facade featuring multiple windows and a central entrance

Description

Turnkey 4-unit investment opportunity in Detroit, 3 of 4 units currently occupied. All four units are identical 2-bedroom/1-bath layouts — two leased at $1,000/month, one at $950/month, and the fourth in the process of being leased at $1,000/month and set to be occupied prior to closing, bringing total gross rent to $3,950/month ($47,400/year). All tenants pay cash and have a consistent on-time payment history, with low turnover across the building. Major capital items have been addressed, including...Turnkey 4-unit investment opportunity in Detroit, 3 of 4 units currently occupied. All four units are identical 2-bedroom/1-bath layouts — two leased at $1,000/month, one at $950/month, and the fourth in the process of being leased at $1,000/month and set to be occupied prior to closing, bringing total gross rent to $3,950/month ($47,400/year). All tenants pay cash and have a consistent on-time payment history, with low turnover across the building. Major capital items have been addressed, including a newer furnace, roof, windows, and hot water tank, and the vacant unit has been freshly painted with new carpet and is move-in ready. A private, fenced backyard and separate utilities per unit round out this stabilized, cash-flowing addition to any rental portfolio.
  1. Listed by Nicholas M Zeoli • Brokerage DRE #6505431497 • Real Broker, LLC
    P: (248)-860-3268 C: (248)-860-3268 nick@zeolirealty.com
  2. Listed by Mohamad Kahala • Brokerage DRE #6505431497 • Real Broker, LLC
    P: (313)-603-6064 C: (313)-603-6064 Mohamad@zeolirealtymi.com

Property Details for 12769 Meyers Road

Subdivision Name
JOHN M WELCHS MAYVIEW SUB 2
Architectural Style
Colonial
Waterfront
No
Zoning Description
Multi-Family
Senior Community
No
LISTING UPDATED: 07/17/2026 06:00 AM

Property Details for 12769 Meyers Road

StatusActive
MLS #20261055120
Days on Market4
Taxes$4,492 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1925
Lot Size0.19 AC / 8,276 SF
CountyWayne County
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Location

Listing Courtesy of Real Broker, LLC
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Building Information for 12769 Meyers Road

Stories-Residences4Year Built1925Building Size-Lot Size0.19 AC / 8,276 SF

Payment Calculator

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$1,745 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,370

Property Taxes

$374

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 12769 Meyers Road

Summary
Location and General Information
  • Carrier Route: C014
  • Directions: S off Jeffries
  • Latitude: 42.383037
  • Longitude: -83.168841
  • Cross Street: S of Jeffries and E Schafer
  • MLS Area Major: Detroit (82001)
Taxes and HOA
  • Parcel Number: W22I020551C2
  • Tax Amount Summer: $2,782.00
  • Tax Amount Winter: $1,710.00
  • Tax Annual Amount: $4,492.00
  • Tax Assessed Value: $34,229.00
  • Tax Legal Description: W MEYERS 167&166 JOHN M WELCHS MAYVIEW SUB NO 2 L33 P28 PLATS, W C R 22/64 70 X 115
School Information
  • High School District: Detroit
Parking
  • Attached Garage: No
  • Garage: No
  • Parking Features: On Street
Property
Lot Information
  • Frontage Length: 70.0
  • Lot Size Acres: 0.19
  • Lot Size Dimensions: 70X115
  • Lot Size Units: Acres
  • Road Frontage Feet: 70
  • Road Frontage Type: Paved
  • Road Surface Type: Paved
Property and Assessments
  • State Equalized Value: 41400.0
  • Living Area: 3658.0
  • Building Area Total: 3658.0
  • Above Grade Finished Area: 3658.0
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Total Area: 1829.0
  • Class Name: Residential Income
  • Living Area Source: Public Records
  • New Construction: No
  • Year Built: 1925
Building Features
  • Construction Materials: Brick
  • Foundation Details: Basement, Poured
  • Levels: Two
  • Year Remodeled: 2026
  • Roof: Asphalt
  • Stories Total: 2
Utilities
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Bathrooms Total Notational: 4.0
  • Appliances: Gas Water Heater
  • Basement: Common, Private Storage Locker, Unfinished
  • Has Basement: Yes
  • Bathrooms Full: 4
  • Bathrooms Total Integer: 4
  • Cooling: Central Air, Separate Meters, Window Units
  • Has Cooling: Yes
  • Fireplace: No
  • Heating: Forced Air, Natural Gas
  • Has Heating: Yes
  • Interior Features: Entrance Foyer
  • Laundry Features: In Unit
  • Water Heater Fuel: Natural Gas
Exterior Features
  • Fencing: Back Yard, Fenced
Multi Family
Multi Family Information
  • Number of Units Leased: 3
  • Number of Units Total: 4
Income & Expenses
  • Gross Scheduled Income: $35,400.00
  • Net Operating Income: $27,900.00
  • Operating Expense: $7,500.00
Unit Information
Unit 1
  • Actual Rent: $1,000.00
  • Total Bathrooms: 1
  • Sq Ft: 915.0
  • Type: Two Bedroom
  • Total Units: 2.0
Unit 2
  • Actual Rent: $950.00
  • Total Bathrooms: 1
  • Sq Ft: 915.0
  • Type: Two Bedroom
  • Total Units: 1.0
Unit 3
  • Total Bathrooms: 1
  • Sq Ft: 915.0
  • Type: Two Bedroom
  • Total Units: 1.0
Agent
Sale and Listings
  • Public GLR Website: Yes
Rental
Rent Information
  • Monthly Rental Income: $2,950.00
  • Existing Lease: Yes
  • Pets Allowed: Size Limit, Yes
  • Rent Includes: Maintenance Off Site, Snow Removal, Trash Collection

Property History for 12769 Meyers Road

DateEvent & SourcePriceAppreciation
Jul 16, 2026

Listed (Active)

MiRealSource #61012160

$275,000—
Jul 16, 2026

Listed (Active)

Realcomp #20261055120

$275,000—
Apr 25, 2025

Sold (Public Record)

Public Record #1557962964

$232,650

+7.6% / yr

DateEvent & SourcePrice
07/16/2026

Listed (Active)

MiRealSource #61012160

$275,000
07/16/2026

Listed (Active)

Realcomp #20261055120

$275,000
04/25/2025

Sold (Public Record)

Public Record #1557962964

$232,650

+7.6% / yr

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 12769 Meyers Road

Taxable ValueLand-Additions-Total-
Tax Record2023$2,573 ($214 / month)
Home Facts
Beds0Baths4Total Finished SqFt3,658 SqFtAbove Grade Finished SqFt3,658 SqFtStories2Lot Size8,276 SqFtStyleSingle Family ResidenceYear Built1925ZoningR3CountyWAYNEAPN22020551-2

Schools near 12769 Meyers Road

This home is within Detroit Public Schools Community District.
Rating
School
Type
Grades
Distance
Foreign Language Immersion And Cultural Studies
Public - PK to 8
Bates Academy
Public - PK to 8
Noble Elementary-Middle School
Public - PK to 8
Detroit International Academy For Young Women
Public - PK to 12
Rating
School
Distance
Foreign Language Immersion And Cultural Studies
PublicPK to 8

Bates Academy
PublicPK to 8

Noble Elementary-Middle School
PublicPK to 8

Detroit International Academy For Young Women
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 12769 Meyers Road, Detroit, MI 48227

12769 Meyers Road is a multi-family home for sale in Detroit, MI 48227. This property was listed for sale on July 16, 2026 by Real Broker, LLC, it's currently listed at $275,000. It has been on the market for a total of 4 days and was last sold on April 25, 2025. This listing's school district is Detroit Public Schools Community District. Nearby schools include Foreign Language Immersion And Cultural Studies, Bates Academy and Noble Elementary-Middle School. 12769 Meyers Road is a 8-bed, 4-bath, 3,658 sqft multi-family home built in 1925.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real Broker, LLC

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