Address
120 Woodland Street, Detroit, MI
Price
$ 284,900
Property Attributes
  • MLS#26022870
  • TypeSingle Family
  • Listing Status Active
  • MunicipalityDetroit City
  • CountyWayne
  • CityDetroit
  • NeighborhoodWOODLAND (PLATS)
  • Zip48202
  • StyleColonial
  • Year Built1908
  • Price$ 284,900
  • Bedrooms5
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage2318
  • Lot Size0.12 Acres
Data Source:
MichRIC Datashare (MichRIC, Realcomp, MiRealSource)
Property Description

ATTENTION INVESTORS! Turnkey, income-producing opportunity at 120 Woodland Street, Detroit, MI! This beautifully remodeled 3-level property is professionally appraised at $315,000 and comes with a reliable tenant already in place paying $2,600 per month on a 12-month lease. The tenant has a strong history of paying rent on time, providing immediate cash flow of $31,200 in gross annual rental income from day one. Offering 2318 sq ft, this spacious home features 5 bedrooms, 2.5 updated bathrooms, new flooring, modern finishes, and a beautifully renovated kitchen with granite countertops, stylish cabinetry, and newer appliances. The partially finished basement provides additional usable space, while the oversized backyard adds even more tenant appeal. Ideally located just minutes from New Center and approximately 10 minutes from Downtown Detroit, with convenient access to restaurants, shopping, entertainment, major employers, and freeways. Whether you're expanding an existing port

Price History
5/29/2026 Listed $284,900

General Features

Living Area 2318
Sewer Public
Heating Forced Air
Possession Close Of Escrow
Patio/Porch Features Deck,Porch(es)
Architectural Style Colonial
Construction Materials Brick,Vinyl Siding
Year Built 1908
Stories Count 2
Township Detroit City
Property Subtype Single Family Residence
Tax Year 2025
Ownership Private Owned
County Wayne
New Construction false
Property Type Residential
Subdivision Name WOODLAND (PLATS)
Garage Y/N false
Total Rooms 12
Status Active
City Detroit
Lot Size Units Acres
Lot Size Square Feet 5227
Listing Terms Cash,FHA,VA Loan,Conventional
Virtual Tour https://www.homes.com/property/120-woodland-st-detroit-mi/7b017lzx8wswz/?dk=0ml0725j8q345
Standard Status Active
Tax Assessed Value 45200
Legal Description PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2029. S WOODLAND 115 WOODLAND L13 P85 PLATS, W C R 1/130 40 X 124.75

Interior Features

Basement Full
Flooring Wood
Total Fireplaces 1
Fireplace Features Living Room
Heating Y/N true
Fireplace Y/N true
Laundry Features In Basement
Below Grade Finished Area 546
Main Level Bedrooms 1
Total Baths 4

Exterior Features

Fencing Full
Water Source Public
Lot Size Area 0.12
Waterfront Y/N false
Building Area Total 2318
Lot Dimensions 40 X 125
Lot Size Acres 0.12
Road Surface Type Paved

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 48202

Price
AVG $350K
$280K
Year Built
AVG 1913
1908

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