$153,999
PENDING $16K PRICE DROP

Estimated payment $1,047/month

Total Views 15,342
4 Beds
2.5 Baths
2,193 Sq Ft
$70 Price per Sq Ft

About This Home

Excited to announce your next investment opportunity. Located in the beautiful and fastest growing area known as the Marygrove community of Detroit. This is an amazing two family brick colonial multi-family style home. Many updates and renovations including new floors, and kitchen areas. Finished basement for additional family area and two separate storage spaces. Two car garage with newer roof. This home is located only a 3 minute commute to University of Detroit Mercy College and only 14 minutes to downtown Detroit. Very convenient location with close proximity to many schools, places of worship, shopping facilities and public transit. Don’t miss out on this great opportunity to invest in your next rental property! All of our listings come with built-in property management for seamless, turnkey investments. Our full-service approach covers everything from construction completion to tenant placement and ongoing management. Services include comprehensive property management, tenant screening, financial reporting, legal compliance, and streamlined communication.

Listing Agent

Connaé Pisani

NREMG Realty License #6502425134 Listed on: 02/13/2025

Co-Listing Agent

Gideon Jones

ICON Realty Experts, LLC License #6501381269

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1955

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 40.00 x 32.00

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2,193 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Marygrove Drive Subdivision

Listing and Financial Details

  • Assessor Parcel Number W16I029444S

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,572

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Assessment: 350.00
  • Year Built: 1955
  • State Equalized Value: 58100.0000
  • Pets Allowed: No
  • 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: Partially Finished
  • Sq Ft Combined: 2193
  • Total Sq Ft: 2193
  • Sq Ft Total Bsmt: 1161

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 2

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.03
  • Lot Dimensions: 40.00 x 32.00
  • Parcel Number: W16I029444S
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 2400

Tax Info

  • Tax Amount Summer: 2277.0000
  • Tax Amount Winter: 295.0000
  • Total Tax: 2572.0000
  • Taxable Value: 32911.0000

Multi Family

  • Gross Scheduled Income: 28800.00
  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2

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 $2,027 $66,600 $0 $0
2024 $2,027 $58,100 $0 $0
2023 $2,213 $46,400 $0 $0
2022 $2,436 $42,000 $0 $0
2021 $2,371 $33,300 $0 $0
2020 $2,344 $28,500 $0 $0
2019 $1,538 $21,900 $0 $0
2018 $1,319 $18,300 $0 $0
2017 $309 $16,300 $0 $0
2016 $1,650 $46,600 $0 $0
2015 $2,050 $20,500 $0 $0
2013 $2,565 $25,651 $0 $0
2010 -- $37,608 $992 $36,616
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2025 07/02/25 Pending -- -- --
06/23/2025 06/23/25 Price Changed $153,999 -0.6% $70 / Sq Ft
05/30/2025 05/30/25 Price Changed $154,999 -8.8% $71 / Sq Ft
05/30/2025 05/30/25 For Sale $169,999 0.0% $78 / Sq Ft
03/13/2025 03/13/25 Pending -- -- --
02/13/2025 02/13/25 For Sale $169,999 +34.9% $78 / Sq Ft
04/19/2021 04/19/21 Sold $126,000 +5.0% $57 / Sq Ft
03/11/2021 03/11/21 Pending -- -- --
02/25/2021 02/25/21 For Sale $120,000 +60.0% $55 / Sq Ft
01/16/2019 01/16/19 Sold $75,000 -16.7% $32 / Sq Ft
10/31/2018 10/31/18 Pending -- -- --
10/21/2018 10/21/18 For Sale $90,000 -- $38 / Sq Ft
Source: Realcomp

Purchase History

Date Type Sale Price Title Company
Warranty Deed $126,000 Independent Title Svcs Inc
Warranty Deed $75,000 Red Carpet Title Agency Llc
Deed $15,000 None Available
Quit Claim Deed -- None Available
Sheriffs Deed $83,789 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $94,500 New Conventional
Previous Owner $73,000 New Conventional
Previous Owner $15,000 Seller Take Back
Source: Public Records

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Source: Realcomp

MLS Number: 20250009864

Realcomp

APN: 16-029444