$98,900
$1K PRICE DROP

Estimated payment $627/month

Total Views 1,587
3 Beds
1 Bath
1,100 Sq Ft
$90 Price per Sq Ft

Highlights

  • No HOA
  • Bungalow
  • Forced Air Heating System
  • Cass Technical High School Rated 10

About This Home

A freshly updated investment property in one of Detroit’s revitalizing neighborhoods comes with a brand-new lease in place and currently generates 1,300 SECTION 8 per month in rental income, making it an ideal choice for investors seeking strong returns and long-term value.

The nearby amenities add considerable appeal for future tenants or buyers. Just 0.3 miles away, Denby High School is easily accessible, and Trix Performance Academy, less than 0.5 miles from the home, is known for serving local students. Nearby parks like Farwell Recreation Center, less than a mile from your doorstep, offer recreational options and contribute to the neighborhood’s community feel—an important factor for attracting families or long-term tenants.

Convenient shopping and dining options surround Tacoma St. Within a mile, you’ll find local favorites such as Lou’s Coney Island and Halal Fried Chicken, ensuring residents have diverse food choices close by. Walgreens is just 0.8 miles away, meeting everyday healthcare and pharmacy needs. This proximity to everyday essentials increases the desirability and rentability of the location, helping investors secure consistent occupancy and investment stability.

Recently refreshed, the property offers updated living spaces that appeal to quality renters, supporting long-term tenancies. Coupled with a new lease in place at $1,300 per month, this home provides immediate rental income from day one. The neighborhood’s resurgence increases its investment potential, and the close proximity to main roadways like Gratiot Avenue ensures easy commutes for residents.

This is more than a property—it's a strategic opportunity to capitalize on one of Detroit’s most promising markets. The robust local infrastructure, walkable amenities, and strong rental demand make this an appealing addition to any investor’s portfolio. Don’t miss out on this affordable entry point in a neighborhood poised for growth.

Listing Agent

Rashad Elabed

JNA Real Estate License #6501406301 Listed on: 06/15/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1947

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40x116

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,100 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Daniel Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 21023844

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,200

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 2 Story
  • Year Built: 1947
  • State Equalized Value: 15100.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1100
  • Total Sq Ft: 1100
  • Sq Ft Total Bsmt: 872

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer (Sewer-Sanitary)
  • Water Source: Water at Street

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.11
  • Lot Dimensions: 40X116
  • Parcel Number: 21023844

Tax Info

  • Tax Amount Summer: 1081.0000
  • Tax Amount Winter: 119.0000
  • Total Tax: 1200.0000
  • Taxable Value: 11025.0000

MLS Schools

  • School District: Detroit

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,081 $20,800 $0 $0
2024 $1,081 $15,100 $0 $0
2023 $1,048 $12,700 $0 $0
2022 $1,114 $10,000 $0 $0
2021 $903 $7,600 $0 $0
2020 $1,225 $10,500 $0 $0
2019 $1,010 $9,700 $0 $0
2018 $894 $8,500 $0 $0
2017 $163 $8,600 $0 $0
2016 $1,076 $11,000 $0 $0
2015 $1,100 $11,000 $0 $0
2013 $1,521 $15,214 $0 $0
2010 -- $29,636 $1,179 $28,457
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2025 09/08/25 Price Changed $98,900 -0.1% $90 / Sq Ft
07/21/2025 07/21/25 Price Changed $99,000 -0.9% $90 / Sq Ft
06/15/2025 06/15/25 For Sale $99,900 -- $91 / Sq Ft
Source: Realcomp

Purchase History

Date Type Sale Price Title Company
Warranty Deed $75,000 Peak Title Agency Co
Quit Claim Deed -- Amrock Inc
Quit Claim Deed $5,000 None Available
Quit Claim Deed $9,400 None Available
Quit Claim Deed $1,100 None Available
Sheriffs Deed $98,965 None Available
Warranty Deed $108,500 Title Express Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $86,800 Stand Alone First
Closed $21,700 No Value Available
Source: Public Records

Source: Realcomp

MLS Number: 20251008460

Realcomp

APN: 21-023844