7393 Vaughan Street, Detroit, Michigan 48228

$80,000

Property Details

MLS#: 20261052016
Bedrooms: 3
Bathrooms: 1
Square Feet: 1,100
Price per Sqft: $73
Lot Size: 0.12 acres
Year Built: 1937
Property Type: Residential
Status: Active

Description

It's currently rented at $900 per month (rent is increasing to $1,000) per month Aug 1. Tenant has been here since 2022. Always pays on time, cash tenant. At 7393 Vaughan, Detroit, MI 48228, this 3-bedroom single-family home offers the kind of straightforward, buy-and-hold appeal investors look for: a clean, right-sized footprint, an established rental setup, and day-one income already in place. With tenants paying $900 per month and in place since 2022, this sale positions you to step into an operating property with a proven rent history. Inside, the home provides 1,100 sq ft of living space arranged across 3 bedrooms and 1 bath, creating a layout that supports practical daily living and steady tenant demand. The extra bedroom count adds flexibility for how the space is used, while the overall size stays efficient for easier upkeep and long-term ownership. Whether you are building a portfolio one stable asset at a time or adding another performing door to an existing lineup, the fundamentals here are built around durability and usability. Outside, the 5,411 sq ft lot gives you additional space beyond the interior, adding breathing room and options for how the property functions over time. A lot of this size can support everyday needs like outdoor use and general separation from neighboring structures, while keeping the property manageable for long-term ownership and tenant turnover cycles. For investors who value simplicity, this is the type of Detroit single-family rental that can fit cleanly into a long-range strategy: an established tenant base, consistent monthly rent, and a classic 3-bed configuration that is widely sought after in many rental markets. If you want a property where the story is already written in real rent checks, this one deserves a closer look. Request the details and schedule a showing to confirm the current tenancy and see how 7393 Vaughan can support your next buy-and-hold move.

Location

This property is located in Detroit, Michigan. Detroit is part of the Metro Detroit area, offering convenient access to employment, schools, shopping, and recreation.

Frequently Asked Questions

What is the price of 7393 Vaughan Street?

7393 Vaughan Street is listed at $80,000, or $73 per square foot.

How many bedrooms does 7393 Vaughan Street have?

This property has 3 bedrooms and 1 bathrooms, with 1,100 square feet of living space.

Schedule a Showing

Interested in this property? Contact Sonic Realty to schedule a private showing. Our experienced agents can help you navigate the home buying process.

Phone: (313) 466-2430

Email: info@sonicrealty.com

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