#81024063163, Ryan Heward, Dustin Shaeffer, Listing office: Golden Key Real Estate LLC
$160,000 List price
15852 Washburn St Dearborn, MI 48238
2 full
2,398 sqft
0.09 acres
$67 / sqft
Multi-Family
Property details
About 15852 Washburn St
Investor alert! 15852 Washburn St is a solid brick duplex delivering strong rental potential and an impressive cap rate for buy-and-hold investors seeking cash flow from day one. Featuring nearly 2,000 sq ft of total living space, this two-unit property offers classic hardwood floors, generous room sizes, and separate entrances — making it ideal for dual tenancy or a live-in owner setup. The exterior has been freshly painted, and the property is secured and primed for rehab or tenant placement. Located just minutes from major corridors, freeways, and commercial hubs, it benefits from steady rental demand and increasing area development. Whether you’re new to real estate or scaling your portfolio, this opportunity checks the right boxes: location, layout, and cash-on-cash return. It’s rare to find a multifamily property in this condition and location with such high income potential and a favorable entry point. Don’t miss your chance to lock in solid passive income and long-term equity growth — schedule your showing today and make your move on Washburn!
Highlights
Home typeMulti Family
HeatingForced Air, Natural Gas
StatusActive
CoolingCeiling Fan(s), Central Air
Size2,398 sqft
BasementYes
Lot size0.09 Acres
Year built1929
ParkingGarage, Lighted, Street Parking, Unassigned
MLS #20251010764
Summary
- Full Bathrooms: 2
- Basement: Yes
- Interior: Entrance Foyer, High Speed Internet, Programmable Thermostat
- Attached Garage: No
- Parking: Garage, Lighted, Street Parking, Unassigned
- Exterior: Chimney Caps, Lighting
- Architectural Style: Cape Cod, Colonial
- Heating: Forced Air, Natural Gas
- Cooling: Ceiling Fan(s), Central Air
- List Price: $160,000
- Price/SqFt: $66
- Directions: Head south on Washburn St off of Puritan Ave
- Year Built: 1929
- Living Area: 2,398 SqFt
- Lot Size: 0.09 Acres
- MLS Number: 20251010764
- MLS Name: Realcomp II Ltd
- Office Name: EXP Realty Main
- Office Phone: (888) 501-7085
- Listing Agent: Fadi Dabaja, Salman Roumie
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/2/2025, 7:45:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
Nearby schools
3
Bagley Elementary School of Journalism and Technology
Public District PK-6
1.2 mi
•8100 Curtis St
1
Coleman A. Young Elementary School
Public District PK-5
1.5 mi
•15771 Hubbell St
2
Pasteur Elementary School
Public District PK-6
2.2 mi
•19811 Stoepel St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $67,944. The majority of Dearborn, MI residents have income between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
20%
<35k
55%
35k-100k
25%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
52%
Single, No Kids
23%
Single, with Kids
14%
Married, No Kids
11%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
12%
12-17 yrs old
15%
18-34 yrs old
39%
35-64 yrs old
21%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
Burlington
H&M
Foot Locker
Where do the neighbors go to eat?
White Castle
Popeyes
Little Caesars
What do the neighbors drive?
Kia
Nissan
Dodge
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 15852 Washburn St
The listing price of 15852 Washburn St property is $160,000.
The property 15852 Washburn St is a multi located in Dearborn, Michigan, 48238.
Active Listing: 15852 Washburn St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 15852 Washburn St are: Bagley Elementary School of Journalism and Technology (GreatSchools Rating 3/10), Coleman A. Young Elementary School (GreatSchools Rating 1/10), Pasteur Elementary School (GreatSchools Rating 2/10), Mary McLeod Bethune Elementary-Middle School (GreatSchools Rating 1/10), Martin Luther King Jr Education Center Academy (GreatSchools Rating 3/10), Schulze Academy for Technology and Arts (GreatSchools Rating 1/10), The School at Marygrove (GreatSchools Rating 4/10), Mumford High School (GreatSchools Rating 2/10), Joy Preparatory Academy (GreatSchools Rating 5/10).
The property 15852 Washburn St is 2,398 SqFt (source: MLS/tax record).
The year of construction for 15852 Washburn St is 1929.
This home is located at 15852 Washburn St in Dearborn, MI and zip code 48238 in the Harmony VIllage neighborhood. This 2,398 square foot home, which was built in 1929, sits on a 0.09 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since June 27, 2025 and is currently priced at $160,000.
In June 2025 more than 79 listings in Dearborn, MI were sold above the asking price. During the same period more than 74 listings were sold at asking price, while more than 144 were sold below. Between May and June 2025, Dearborn, MI real estate market has seen increase in the number of listings by 16.7%. In June 2025, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $92,746.
From Rocket Homes Real Estate and based on county public records data.