120 Woodland Street, Detroit, MI 48202 (MLS# 26022870)

120 Woodland Street, Detroit, MI 48202

$284,900

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Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 2,318 Lot Size (sq. ft.): 5,227 Status: Active

Current Price: $284,900 List Date: 5/16/2026 Last Modified: 8/10/2026

Overview

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

Listing Details MLS# 26022870

Location Property Info

County: Wayne
Street #: 120
Street Name: Woodland
Suffix: Street
State: MI
Zip Code: 48202
Zip (4): 1123

General Property Info

New Construction: No
Lot Measurement: Acres
Lot Acres: 0.12
Lot Square Footage: 5227
Lot Dimensions: 40 X 125
Year Built: 1908
Road Frontage: 30
Garage Y/N: No
Fireplace: Yes
Total Fireplaces: Yes
Income Property: No
Total Rooms AG: 12
Total Fin SqFt All Levels: 2318
SqFt Above Grade: 2318
Below Grade Finished SqFt: 546
Below Grade Unfinished SqFt: 546
Building Total SqFt: 2318
Total Beds Above Grade: 5
Total Bedrooms: 5
Full Baths: 4
Total Baths: 4
Main Level Primary: No
Stories: 2
School District: Detroit
Association YN: No
Waterfront: No
Basement: Yes

Tax Info

Tax ID #: 01003622.
Taxable Value: 45200
SEV: 45200
For Tax Year: 2025
Tax Year: 2025
Spec Assessment & Type: na
Seller's Annual Property Tax: 0
Homestead %: 0

Access Feat

Accessibility Features: No

Upper Rooms

Upper Bedrooms: 4
Upper Full Baths: 2
Upper Level Square Feet: 1159
Total Baths Above Grade: 4

More Information

Main Rooms

Main Bedrooms: Yes
Main Full Baths: 2
Main Level SQFT: 1159

Basement Rooms

Basement Finished SQFT: 546
Total Basement SQFT: 546

Location & Property Info

Cross Streets: Woodward & Woodland
Property Sub-Type: Single Family Residence
Municipality: Detroit City
Subdivision: WOODLAND (PLATS)

Office/Contract Info

Auction or For Sale: For Sale
List Price/SqFt: 122.91
Ownership Type: Private Owned

Remarks & Misc

Public Remarks: 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
Legal: 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

Street Type

Paved: Yes

Sewer

Public Sewer: Yes

Water

Public: Yes

Terms Available

Cash: Yes
Conventional: Yes
FHA: Yes
VA Loan: Yes

Mineral Rights

Unknown: Yes

Laundry Features

In Basement: Yes

Exterior Material

Brick: Yes
Vinyl Siding: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

None: Yes

Heat Type

Forced Air: Yes

Lower Rooms

Lower Finished SQFT: 1159
Total Lower SQFT: 1159

Driveway

None: Yes

Substructure

Full: Yes

Fireplace

Living Room: Yes

Additional Items

Basement Finished: Yes

Appliances

Microwave: Yes
Range: Yes
Refrigerator: Yes

Water Heater

Natural Gas: Yes

Fencing

Full: Yes

Patio and Porch Features

Porch(es): Yes
Deck: Yes

Flooring

Wood: Yes

Architectural Style

Colonial: Yes

Possession

Close Of Escrow: Yes

Property Features

Laundry Features: In Basement Exterior Material: Brick; Vinyl Siding Substructure: Full Sewer: Public Sewer Water: Public Fireplace: Living Room Additional Items: Basement Finished Appliances: Microwave; Range; Refrigerator Heat Source: Natural Gas Heat Type: Forced Air Water Heater: Natural Gas Fencing: Full Flooring: Wood Patio and Porch Features: Deck; Porch(es) Architectural Style: Colonial Driveway: None Street Type: Paved Mineral Rights: Unknown Terms Available: Cash; Conventional; FHA; VA Loan Possession: Close Of Escrow Sale Conditions: None

Room Information

Room Name	Length	Width	Level
Dining Area	8.00	7.00	Main
Dining Room	15.00	11.00	Main
Kitchen	14.00	11.00	Main
Primary Bathroom	3.00	5.00	Main
Primary Bedroom	11.00	11.00	Main
Bedroom 3	10.00	12.00	Upper
Bedroom 4	10.00	12.00	Upper
Bathroom 2	7.00	5.00	Upper
Other	13.00	23.00	Upper
Bedroom 2	9.00	10.00	Basement
Bathroom 1	6.00	5.00	Basement
Other	9.00	9.00	Basement
Other	6.00	22.00	Basement

Documents

Appraisal Report 2025 ›

Lead Based Paint ›

Listing Office: eXp Realty, LLC

Listing Agent: Sotero Lopez

Last Updated: August - 10 - 2026

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. 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.