$115,000
SOLD JUN 4, 2025
7 Beds
2.5 Baths
2,600 Sq Ft
3,485 Sq Ft Lot

Recently Sold

$44 Per Sq Ft

11% Below List Price

160 Days on Market

Highlights

  • Hot Water Heating System
  • Cass Technical High School Rated 10
  • 2 Car Garage

About This Home

As of June 2025

The seller is motivated and will consider all offers! Fantastic Investment Opportunity or Perfect for Owner-Occupancy! This charming triplex is a must-see for investors or homebuyers looking to maximize their income potential. With all three units currently vacant, you have the flexibility to select your tenants and set your own rent prices. One of the units is already move-in ready, while the remaining two offer an excellent opportunity for renovation and customization to your liking. This is a rare chance to own a multi-family property with great potential—don’t let it pass you by. Schedule your private showing today! Land Contract terms available.

Last Agent to Sell the Property

James Silver

Keller Williams Somerset License #6501302927 Listed on: 12/14/2024

Keller Williams Somerset

Last Buyer's Agent

Angie Sierra

RE/MAX City Centre License #6501447040

RE/MAX City Centre

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 34.00 x 108.00

Home Design

  • Triplex
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2,600 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Parking

  • 2 Car Garage
  • On-Street Parking

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number W16I018768S

Community Details

Overview

  • 3 Units
  • Robert Oakmans Cortland & Ford Highway Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Triplex
  • Architecture Level: 2 Story
  • Assessment: 250.00
  • Year Built: 1927
  • State Equalized Value: 38000.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2600
  • Total Sq Ft: 2600
  • Sq Ft Total Bsmt: 1300

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Frontage Feet: 34
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes
  • MF Parking: Garage, On Street
  • Total Parking Spaces: 2

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Hot Water
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.08
  • Lot Dimensions: 34.00 x 108.00
  • Parcel Number: W16I018768S
  • Zoning: Multi-Family

Rental Info

  • Deposit Amount: 25000.00
  • Monthly Rental Income: 2600

Tax Info

  • Tax Amount Summer: 2615.0000
  • Tax Amount Winter: 282.0000
  • Total Tax: 2897.0000
  • Taxable Value: 31395.0000

Multi Family

  • Gross Scheduled Income: 32000.00
  • Number Of Units Total: 3
  • Number of One Bedroom Units: 1
  • Number of Three Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2024
Closed on
Jun 3, 2025
Sold by
Oz Invest Llc
Bought by
Guerrero-Medina Santo
Seller's Agent
James Silver
Keller Williams Somerset
Buyer's Agent
Angie Sierra
RE/MAX City Centre
List Price
$129,900
Sold Price
$115,000
Premium/Discount to List
-$14,900
-11.47%
Views
168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.57%

Purchase Details

Closed on
Feb 10, 2022
Sold by
First Time Investments Llc
Bought by
Oz Invest Lic

Purchase Details

Closed on
Jul 9, 2020
Sold by
Pope Edward
Bought by
First Time Investments Llc and Baker

Purchase Details

Closed on
Jul 24, 2019
Sold by
Webloy Deborah
Bought by
Pope Edward

Purchase Details

Closed on
May 19, 2016
Sold by
Weldon John D
Bought by
Weldon John D

Purchase Details

Closed on
Feb 29, 2012
Sold by
Hughes Allen
Bought by
Weldon John D

Purchase Details

Closed on
Sep 20, 2010
Sold by
Hughes Allen and Hughes Ora L
Bought by
Hughes Allen and Allen Hughes Living Trust

Purchase Details

Closed on
Aug 2, 2007
Sold by
Freeman Bessie Lee and Freeman James
Bought by
Freeman Bessie Lee and Bessie Lee Freeman Living Trust
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Contract Of Sale -- Embassy Title Agency
Contract Of Sale -- Embassy Title Agency
Warranty Deed $42,000 None Listed On Document
Warranty Deed $20,000 Peak Title
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- Attorney
Deed -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2025 06/04/25 Sold $115,000 0.0% $44 / Sq Ft
05/23/2025 05/23/25 Pending -- -- --
05/14/2025 05/14/25 Price Changed $115,000 -4.2% $44 / Sq Ft
04/29/2025 04/29/25 Price Changed $120,000 -2.0% $46 / Sq Ft
03/21/2025 03/21/25 Price Changed $122,500 -0.3% $47 / Sq Ft
03/05/2025 03/05/25 Price Changed $122,900 -1.6% $47 / Sq Ft
01/28/2025 01/28/25 Price Changed $124,900 -3.8% $48 / Sq Ft
12/14/2024 12/14/24 For Sale $129,900 -- $50 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,615 $43,700 $0 $0
2024 $2,615 $38,000 $0 $0
2023 $2,542 $29,900 $0 $0
2022 $1,106 $24,100 $0 $0
2021 $991 $20,100 $0 $0
2020 $981 $22,800 $0 $0
2019 $1,161 $21,200 $0 $0
2018 $934 $10,100 $0 $0
2017 $264 $17,000 $0 $0
2016 $1,317 $53,300 $0 $0
2015 $1,450 $14,500 $0 $0
2013 $2,009 $20,093 $0 $0
2010 -- $28,789 $704 $28,085
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240091486

Realcomp

APN: 16-018768