Foreclosure
Listed By:
EXP Realty Main - 8885017085
Address
15894 Fordham Street, Detroit, MI
Price
$ 90,000
Property Attributes
  • ID#20261073708
  • TypeSingle Family
  • Listing Status Active
  • CountyWAYNE
  • CityDetroit
  • AreaDet Con Mors Grat Hstn7 Mack
  • NeighborhoodDALBYS EAST POINTE
  • Zip48205
  • StyleBungalow
  • Year Built1949
  • Taxes$ 5097
  • Price$ 90,000
  • Bedrooms3
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage1028
  • Lot Size0.1 Acres
Data Source:
RealComp
Property Description

15894 fordham street ---CALLING ALL INVESTORS—TENANT OCCUPIED! Excellent income-producing opportunity offered at $90,000 with a long-term tenant currently paying $1,100 per month ( Full Voucher Section 8 ). The existing lease runs through December 31, 2026, providing immediate rental income and stability for the next owner. At the current rent, the property generates $13,200 in gross annual income providing a strong CAP / ROI Rate. Property is located in a quiet, well-maintained neighborhood. Showings will be limited and coordinated based on tenant availability. Please do not disturb the tenant.

Price History
9/12/2026 Listed $90,000

General Features

Sewer SewerAtStreet
Heating ForcedAir, NaturalGas
Possession AtClose
Garage Spaces 0.0
Architectural Style Bungalow
Pool Features None
Construction Materials Brick
Year Built 1949
Levels One
Property Subtype SingleFamilyResidence
County Wayne
New Construction No
Property Type Residential
HOA No
Attached Garage No
Subdivision Name DALBYS EAST POINTE
Garage Y/N No
Total Rooms 5
Full Baths 1
Status Active
Directions S of Seven Mile Rd | E of Kelly
City DetroitCity_Wayne
Disclosures TaxesNotHomesteadExempt
Entry Location GroundLevelwSteps
Senior Community Y/N No
High School District Detroit
MLS Area Area05055DetConMorsGratHstn7Mack
Lot Size Units Acres
Carport Y/N No
Land Lease Y/N No
Tax Annual Amount 5097.0
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 28653
Expected Active Date 2026-09-12
MobileHomeRemainsYN No
PostalCity Detroit_Wayne
Legal Description S FORDHAM 218 AND N 9 FT VAC ALLEY ADJ DALBYS EAST POINTE SUB L50 P77 PLATS, W C R 21/819 35 X 122

Interior Features

Basement Unfinished
Basement (Y/N) Yes
Air Conditioning Y/N No
Heating Y/N Yes
Fireplace Y/N No
Above Grade Finished Area 1028.0
Total Bedrooms 3
WaterHeaterFuel NaturalGas
LivingAreaSource PriorListing
Above Grade Finished Area Unit Type SquareFeet
Total Baths 1

Exterior Features

Parking Features NoGarage
Water Source WateratStreet
Foundation Details Basement, Block
Spa No
Lot Dimensions 35X122
Lot Size Acres 0.1
Waterfront Y/N No
Road Frontage Type Paved
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

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


IDX provided courtesy of Realcomp II Ltd., via Garden City Office and The Originating MLS(found above), © 2026 Realcomp II Ltd. Shareholders. Shareholders. The information being provided is 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.

Data is updated as of September 18, 2026 7:13 PM UTC Information deemed reliable but not guaranteed. The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd

Property vs Single Family Average in 48205

Price
AVG $70K
$90K
Taxes
AVG $2,142
$5,097
Year Built
AVG 1942
1949
Visits
AVG 188
5
Data Provided by Inside Real Estate®

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