$72,500
SOLD JUN 18, 2025
4 Beds
2 Baths
2,084 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$35 Per Sq Ft

34% Below List Price

103 Days on Market

Highlights

  • Hot Water Heating System
  • 2 Car Garage
  • 3-minute walk to Huntington Community Park
  • Cass Technical High School Rated 10

About This Home

As of June 2025

Calling all Investors, Entrepreneurs, and Fearless Home Buyers! The owners are making updates and dropping the price! Here is your opportunity to own your very own income producing property in the heart of the City. You can lease one unit and live in the other or you can simply lease them both and generate instant monthly cash flow. Don't miss out on this awesome 2 unit property featuring 2 bedrooms and a den on the first floor and 2 bedrooms on the second floor. This is a corner lot multi-family unit located in the Marygrove College District. Home needs some work but priced well under market value to reflect the work that needs to be done. Both units are unoccupied currently but can easily generate thousands of dollars in cash flow each month. This is a sought out area of Detroit where lots of home renovations and purchases are taking place daily. Hurry now and schedule your appointment because this opportunity will not last long!

Last Agent to Sell the Property

Dwala Burk

DK Caldwell Real Estate Professionals LLC License #6501413090 Listed on: 01/08/2025

Last Buyer's Agent

Shenitha Raines

Realtyflo Inc License #6501390824

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1928

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 42.00 x 114.00

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 2,084 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number W16I036970S

Community Details

Overview

  • 2 Units
  • Puritan Heights Sub Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,710

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Assessment: 350.00
  • Year Built: 1928
  • State Equalized Value: 61900.0000
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2084
  • Total Sq Ft: 2084
  • Sq Ft Total Bsmt: 908

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes
  • 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: 0.11
  • Lot Dimensions: 42.00 x 114.00
  • Parcel Number: W16I036970S
  • Zoning: Multi-Family
  • Percent Homestead Exempt: Yes

Rental Info

  • Monthly Rental Income: 2500

Tax Info

  • Tax Amount Summer: 1565.0000
  • Tax Amount Winter: 145.0000
  • Total Tax: 1710.0000
  • Taxable Value: 16134.0000

Multi Family

  • Gross Scheduled Income: 30000.00
  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2025
Closed on
Jun 18, 2025
Sold by
Hudson Shawn
Bought by
Michael Radney Inc
Seller's Agent
Dwala Burk
DK Caldwell Real Estate Professionals LLC
Buyer's Agent
Shenitha Raines
Realtyflo Inc
List Price
$110,000
Sold Price
$72,500
Premium/Discount to List
-$37,500
-34.09%
Views
177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
449.59%
Original Mortgage
$103,900
Outstanding Balance
$95,507
Interest Rate
6.76%
Mortgage Type
Construction
Estimated Equity
$13,624

Purchase Details

Closed on
Dec 13, 2021
Sold by
Carole Hudson
Bought by
Hudson Shawn
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Warranty Deed $72,500 First American Title
Warranty Deed $72,500 First American Title
Personal Reps Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $103,900 Construction
Closed $103,900 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2025 06/18/25 Sold $72,500 0.0% $35 / Sq Ft
06/18/2025 06/18/25 Sold $72,500 -15.6% $35 / Sq Ft
04/21/2025 04/21/25 Pending -- -- --
04/21/2025 04/21/25 Pending -- -- --
04/09/2025 04/09/25 Price Changed $85,900 -14.0% $41 / Sq Ft
03/14/2025 03/14/25 Price Changed $99,900 0.0% $48 / Sq Ft
03/14/2025 03/14/25 Price Changed $99,900 -9.2% $48 / Sq Ft
01/09/2025 01/09/25 For Sale $110,000 0.0% $53 / Sq Ft
01/08/2025 01/08/25 For Sale $110,000 -- $53 / 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 $1,315 $71,700 $0 $0
2024 $1,315 $61,900 $0 $0
2023 $1,523 $49,500 $0 $0
2022 $1,619 $35,300 $0 $0
2021 $1,577 $28,200 $0 $0
2020 $1,576 $24,300 $0 $0
2019 $1,429 $18,800 $0 $0
2018 $1,249 $16,200 $0 $0
2017 $249 $14,500 $0 $0
2016 $1,378 $40,700 $0 $0
2015 $1,440 $14,400 $0 $0
2013 $1,772 $18,005 $0 $0
2010 -- $26,398 $959 $25,439
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20250001465

Realcomp

APN: 16-036970