$100,000
SOLD NOV 21, 2024
-- Bed
-- Bath
2,026 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$49 Per Sq Ft

17% Below List Price

259 Days on Market

Highlights

  • 1 Fireplace
  • Cass Technical High School Rated 10
  • Forced Air Heating System

About This Home

As of November 2024

Great investment opportunity! Vacant 2 unit Multi Family Building conveniently located in Detroit. There are a total of 2 two bedroom units. This property has recently become vacant and is cleaned out. Each unit has an oversized living room with large windows and a fireplace. There is a common basement shared by the upstairs and downstairs units.

Last Agent to Sell the Property

Ryan Heward

Golden Key Real Estate LLC License #6502401117 Listed on: 04/18/2024

Co-Listed By

Dustin Shaeffer

Golden Key Real Estate LLC License #6501410272

Last Buyer's Agent

Joe Hammel

Keller Williams Somerset License #6501422602

Keller Williams Somerset

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,863

Year Built

  • Built in 1927

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 36.00 x 116.00

Parking

  • 1 Parking Space

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

Overview

  • Property has a Home Owners Association
  • 2 Units
  • Thomas Park Sub Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Gross Income $24,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,863

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1927
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 36.00 x 116.00
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1863.0
  • Tax Info:Zoning3: Multi-Family
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Location Property Info:Subdivision2: THOMAS PARK SUB (PLATS)
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Brick
  • List Price: 120000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Brick: Yes

Garage/Parking

  • Total Parking Spaces: 1.0
  • General Property Info:Total Parking Spaces: 1.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Natural Gas Connected, Water Available, Sewer Available

Condo/Co-op/Association

  • Association Amenities: Pets Allowed
  • Association: Yes

Association/Amenities

  • Assoc Amenities:Pets Allowed2: Yes

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Dimensions: 36.00 x 116.00
  • Lot Size Sq Ft: 4356.0
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: None
  • Tenant Pays: None

Multi Family

  • Gross Income: 24000.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1863.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2024
Closed on
Oct 17, 2024
Sold by
Li Ying
Bought by
Nfe Llc
Seller's Agent
Ryan Heward
Golden Key Real Estate LLC
Buyer's Agent
Joe Hammel
Keller Williams Somerset
List Price
$120,000
Sold Price
$100,000
Premium/Discount to List
-$20,000
-16.67%
Views
147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.61%

Purchase Details

Closed on
Jan 14, 2019
Sold by
Jin Lihua
Bought by
Zhang Xiaoyu

Purchase Details

Listed on
Jul 14, 2014
Closed on
Oct 17, 2014
Sold by
Pom Investors Llc
Bought by
Jin Lihua
Seller's Agent
Marshall Montgomery
Michigan Property Resource
Buyer's Agent
Cathy Hodges
RE/MAX First
List Price
$14,900
Sold Price
$12,625
Premium/Discount to List
-$2,275
-15.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.95%

Purchase Details

Listed on
Jul 14, 2014
Closed on
Aug 27, 2014
Sold by
Pom Investors Llc
Bought by
Interesting Investments Llc
Seller's Agent
Marshall Montgomery
Michigan Property Resource
Buyer's Agent
Cathy Hodges
RE/MAX First
List Price
$14,900
Sold Price
$12,625
Premium/Discount to List
-$2,275
-15.27%
Source: Public Records

Similar Homes in Detroit, MI

  • 15859 Cloverlawn St, Detroit, MI 48238

    $99,900

    • 4 Beds
    • 2.5 Baths
    • 1,936 Sq Ft
    • 15859 Cloverlawn St
    • Detroit, MI

    Endless potential awaits at 15859 Cloverlawn in Detroit! This solid brick multifamily duplex is a perfect opportunity for investors or handy owner-occupants looking to create value. Whether you're house hacking or building your rental portfolio, each unit offers generous space and a blank slate ready for your personal touch.Situated on Detroit’s west side, this property is conveniently

    Derek Lievens Market Elite Inc

    Section Image
  • 15710 Snowden St, Detroit, MI 48227

    $110,000

    • 4 Beds
    • 2 Baths
    • 1,617 Sq Ft
    • 15710 Snowden St
    • Detroit, MI

    Unlock the full potential of 15710 Snowden, a solid brick duplex in Detroit’s west side with immediate income-generating potential. Each spacious unit features 2 bedrooms and was previously leased at $900/month, with market rents projected at $1,200–$1,300/month per unit—bringing in up to $2,600/month!This property was extensively renovated prior to the last tenancy and is ready for your

    Arianna Lee National Realty Centers, Inc

    Section Image
  • 13422 Robson St, Detroit, MI 48227

    $119,900

    • 4 Beds
    • 2 Baths
    • 1,662 Sq Ft
    • 13422 Robson St
    • Detroit, MI

    This move-in ready duplex in the desirable Grandmont neighborhood in Northwest Detroit offers the perfect opportunity to generate rental income or live in one unit while renting the other. Featuring a brand-new roof, full electrical overhaul, fresh paint throughout, updated flooring, and modernized bathrooms, both units are clean & low-maintenance. Each unit has 2 bedrooms and one bathroom with

    Jennifer Hemstrom Thrive Realty Company

    Section Image
  • 5299 Drexel St, Detroit, MI 48213

    $125,000

    • 4 Beds
    • 2.5 Baths
    • 1,914 Sq Ft
    • 5299 Drexel St
    • Detroit, MI

    Excellent investment opportunity! This fully leased, income-producing multi-family brick home features two spacious units, each offering 2 bedrooms and 1 bathroom. Updated and remodeled in 2023, the property boasts a brand-new roof, updated mechanicals, and a well-designed layout. Enjoy additional space with two side lots, a large driveway, and a generously sized yard—perfect for outdoor

    Jennifer Aparicio EXP Realty Main

    Section Image
  • 455 Kitchener St, Detroit, MI 48215

    $105,500

    • 4 Beds
    • 2 Baths
    • 1,848 Sq Ft
    • 455 Kitchener St
    • Detroit, MI

    This is a lovely duplex only a block or 2 away from the water! Seller will entertain ALL reasonable offers. It features separate utilities, attractive vinyl siding, and several new windows. The neighborhood includes many newer homes located near the water, presenting an excellent opportunity for an investor looking to generate income right away. Please!! make offers contingent upon view in the

    Penny Tarwacki Real Estate One Southgate

    Section Image
  • 5050 Three Mile Dr, Detroit, MI 48224

    $119,900

    • 4 Beds
    • 2 Baths
    • 2,127 Sq Ft
    • 5050 Three Mile Dr
    • Detroit, MI

    Lovely brick Tudor multifamily home in Detroit featuring timeless curb appeal and great potential for homeowners or investors alike! This classic property offers two spacious units, each with two bedrooms and a full bath, perfect for versatile living or rental opportunities. The first-floor unit welcomes you with dark hardwood floors, beautiful wood trim, and elegant coved ceilings, plus a cozy

    Jim Shaffer Good Company

    Section Image
  • 15724 Tuller St, Detroit, MI 48238

    $89,900

    • 3 Beds
    • 2 Baths
    • 1,377 Sq Ft
    • 15724 Tuller St
    • Detroit, MI

    2 family multifamily residence. Upstairs has separate entrance 1 bedroom, full bath, kitchen. Main level has 2 bedrooms, full bath, kitchen and basement. This has 2 long term tenants that would like to stay in both units. Both tenants would sign a new lease. Newer furnace and hot water heater. Great Income property for Investor.

    Faye Maraman Real Estate One Clinton

    Section Image
  • 15860 Northlawn St, Detroit, MI 48238

    $80,000

    • 3 Beds
    • 2 Baths
    • 1,616 Sq Ft
    • 15860 Northlawn St
    • Detroit, MI

    Located in the University Manor subdivision on Detroit’s west side, this solid brick duplex offers an excellent opportunity for savvy investors or handy buyers looking to renovate and hold or flip. With over 1,300 square feet above grade, this property features two separate units: a one-bedroom and a two-bedroom layout – ideal for generating rental income or converting into a spacious

    Ron Otto Real Broker LLC Troy

    Section Image
  • 15867 Cherrylawn St, Detroit, MI 48238

    $125,000

    • 4 Beds
    • 2 Baths
    • 2,000 Sq Ft
    • 15867 Cherrylawn St
    • Detroit, MI

    Attention investors! Here is the ideal income producing brick duplex on the equity rich west side. This property has updated units and long term MONTH TO MONTH tenants that each pay gas/electric and cable. Both units have hardwood floors and original plasterwork and fireplaces. Property has been well maintained inside and out and both tenants are in good standing. Close to shopping, freeways,

    Heather Dell RE/MAX Leading Edge

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Warranty Deed $100,000 None Listed On Document
Warranty Deed $100,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $30,000 None Available
Warranty Deed $58,000 Embassy Title Agency Inc
Quit Claim Deed -- None Available
Warranty Deed $12,625 Embassy Title Agency
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2025 07/13/25 For Rent $1,099 0.0% --
11/21/2024 11/21/24 Sold $100,000 -16.7% $49 / Sq Ft
09/19/2024 09/19/24 Pending -- -- --
01/04/2024 01/04/24 For Sale $120,000 +850.5% $59 / Sq Ft
08/27/2014 08/27/14 Sold $12,625 -15.3% $6 / Sq Ft
08/25/2014 08/25/14 Pending -- -- --
07/14/2014 07/14/14 For Sale $14,900 -- $7 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

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
2024 $1,811 $57,500 $0 $0
2023 $2,005 $46,800 $0 $0
2022 $2,141 $35,200 $0 $0
2021 $2,081 $28,300 $0 $0
2020 $2,080 $25,900 $0 $0
2019 $1,948 $19,300 $0 $0
2018 $1,160 $16,300 $0 $0
2017 $222 $13,700 $0 $0
2016 $1,272 $38,300 $0 $0
2015 $1,360 $13,600 $0 $0
2013 $1,750 $19,057 $0 $0
2010 -- $27,306 $744 $26,562
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24001423

Southwestern Michigan Association of REALTORS®

APN: 16-028026