19408 Lamont ST , Detroit, MI 48234
Est. $753/mo with current taxes · · See the breakdown
About this home
Prime addition to your investment portfolio! This well-maintained single-family home at 19408 Lamont St features a reliable Section 8 tenant in place generating immediate cash flow at $1,400/month. Located in a high-demand rental area of Detroit, this turnkey property offers strong, steady passive income from day one. Perfect for hands-off investors looking to add guaranteed rental income to their portfolio. Do not disturb tenant. Showings strictly with accepted offer. BATVAI.
Monthly payment
The tax line is the seller's current bill from the MLS. Michigan uncaps the taxable value the year after a sale, so tap See uncapped taxes for what a buyer will likely pay then.The uncapped tax line is this home's bill after it uncaps: half the price times 64.18 mills, the 2025 homestead rate here. Insurance is a $2,400/yr placeholder and PMI 0.55% of the loan below 20% down. An estimate, not a loan quote.
The facts
| Price | $87,000 |
| Beds | 3 |
| Baths | 1 full, 1 half |
| Square feet | 2,101 |
| Type | Single family residence |
| Subdivision | DONDEROS |
| County | Wayne |
| MLS # | 20261087894 |
| Listed | 2026-10-30 |
| Days on market | 1 |
| Year built | 1946 |
| Possession | At closing |
| Stories | 1 story |
| Basement | Full, Partially finished |
| Heating | Forced air, Natural gas |
| Foundation | Basement, Block |
| Water / Sewer | City water & sewer |
| Parcel number | W13I017423C4 |
| Listing office | EXP Realty Main |
Property taxes: the seller's bill vs. yours
| This seller today | You, the year after buying | |
|---|---|---|
| Taxable value | $25,000 | about $43,500 |
| Yearly property tax | $272 | about $2,792 |
Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $2,520 a year more than this seller pays. The assessor's state equalized value (SEV) is $25,000. Your taxable value resets to the SEV the year after you buy, and assessors usually raise it to about half the sale price. Estimate uses Detroit's 2025 homestead rate of 64.18 mills and assumes you claim the homestead exemption. See Detroit's full tax breakdown or run the uncapping calculator.
Location
IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listings refreshed 2026-10-31T09:44+00:00; refreshed at least twice daily.