Price Reduction
Address
7393 Vaughan Street, Detroit, MI
Price
$ 69,900
Property Attributes
  • MLS#61010094
  • TypeSingle Family
  • Listing Status Active
  • CountyWAYNE
  • CityDetroit
  • AreaDetroit
  • NeighborhoodWalshs John H Warren Ave Evergreen Park
  • Zip48228
  • StyleBungalow
  • Year Built1937
  • Taxes$ 3586
  • Price$ 69,900
  • Bedrooms3
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage1100
  • Lot Size0.12 Acres
Data Source:
MiRealSource (MIRS)
Property 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.

Price History
7/10/2026 Listed $80,000
9/21/2026 13$69,900

General Features

Heating Forced Air
Kitchen Level Entry
Possession At Close
Garage Detached Garage
Water Public Water
Status Active
Full Baths 1
Bathrooms 1
Year Built 1937
Subdivision Walshs John H Warren Ave Evergreen Park
Water Heater Gas
Style Bungalow
County Wayne
Class RESIDENTIAL
Type Single Family
Ownership Private
Associated Document Count 1
Status Active
Subdivision MI
Sale/Rent For Sale
Manufactured Y/N No
Structure Style 2 Story
Subj to Short Sale Apprvl No
Home Warranty Y/N No
Area Detroit (82001)
Primary City Detroit
Directions Take Evergreen to warren avenue west to Vaughan north to property
City Detroit
School District Detroit City School District
Lease Y/N Yes
Originating MLS RealComp
Source MLS MI Real Source
Financial Terms Cash,Conventional
DOM 73
Postal Code 48228
Price Per Sq Ft Total AG 63.55
Public Remarks 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

Interior Features

Living Room Level Entry
Basement Unfinished
Bedroom 3 Level Entry
Bedroom 1 Level Second
Bedroom 2 Level Entry
Kitchen Length 10
Living Room Length 14
Bedroom 2 Width 10
Bedroom 3 Width 10
Bedroom 2 Length 10
Living Room Width 12
Bedroom 3 Length 12
Kitchen Width 8
Beds 3
Fireplace? No
Total Rooms 6
Bedroom 1 Length 15
Bedroom 1 Width 12
Below Grade SqFt 528
Above Grade SqFt 1100
Basement Y/N Yes
Total SqFt Finished 1100

Exterior Features

Exterior Vinyl Siding
Frontage 40
Lot Size Area 0.12
Pool (Y/N) No
Lot Dimensions 40X135
Garage # of Car 2
Roads Paved Street
FOUNDATION TYPE Basement
Waterfront Y/N No
Garage Y/N Yes

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 48228

Price
AVG $90K
$70K
Taxes
AVG $2,718
$3,586
Year Built
AVG 1945
1937
Visits
AVG 203
34
Data Provided by Inside Real Estate®

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