$395,000
$40K PRICE DROP

Estimated payment $2,182/month

Total Views 6,949
5 Beds
5 Baths
3,123 Sq Ft
$126 Price per Sq Ft

Highlights

  • Hot Water Heating System
  • Cass Technical High School Rated 10
  • 4-minute walk to Ella Fitzgerald Park

About This Home

***LOCATION LOCATION LOCATION PROPERTY LOCATED WITHIN WALKING DISTANCE FROM DETROIT MERCY UNIVERSITY ***5 UNITS TOTAL** (1 bed, 1 bath , kitchen, Dining room and living Room *** Great Money Maker TOTAL RENOVATED AND 100% RENTED !!!New Roof, New Windows, New Gutters ,New Electrical System, New Plumbing, New Furnaces and New Hot water tanks , Beautiful Kitchen with new cabinets, stunning ceramic tile floors, totally renovated baths and new carpet on every bedroom. ***One of the members of the LLC holding title on the property has a Real Estate Broker License in the State of Michigan***.

Listing Agent

Gaston Munoz

Munoz Realty Inc License #6501354648 Listed on: 05/19/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $563

Year Built

  • Built in 1930

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 44 x 111

Parking

  • 3 Parking Spaces

Home Design

  • Duplex
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 5 Full Bathrooms
  • 3,123 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 16021283.

Community Details

Overview

  • 5 Units
  • Campus View Subn Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$563

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1930
  • State Equalized Value: 11000.0000
  • Year Renovated: 1930
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 3123
  • Total Sq Ft: 3123
  • Sq Ft Total Bsmt: 1558

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 44
  • Road Frontage Type: Paved

Garage/Parking

  • Total Parking Spaces: 3

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Hot Water
  • Sewer: Sewer at Street
  • Water Source: Water at Street

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.11
  • Lot Dimensions: 44 x 111
  • Parcel Number: 16021283.
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 4400

Tax Info

  • Tax Amount Summer: 563.0000
  • Total Tax: 563.0000
  • Taxable Value: 11000.0000

Multi Family

  • Gross Scheduled Income: 52800.00
  • Number Of Units Total: 5
  • Number of One Bedroom Units: 5
  • Number Of Units Leased: 5

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 $563 $13,900 $0 $0
2024 $563 $11,000 $0 $0
2023 $545 $8,550 $0 $0
2022 $570 $5,200 $0 $0
2021 $559 $3,655 $0 $0
2020 $485 $3,900 $0 $0
2019 $480 $2,880 $0 $0
2018 $544 $2,800 $0 $0
2017 $49 $2,600 $0 $0
2016 $883 $6,800 $0 $0
2015 $720 $7,200 $0 $0
2013 $1,018 $10,182 $0 $0
2010 -- $14,589 $875 $13,714
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2025 09/01/25 Price Changed $395,000 -1.3% $126 / Sq Ft
07/28/2025 07/28/25 Price Changed $400,000 -5.9% $128 / Sq Ft
06/11/2025 06/11/25 Price Changed $425,000 -2.3% $136 / Sq Ft
05/19/2025 05/19/25 For Sale $435,000 -- $139 / Sq Ft
Source: Realcomp

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Warranty Deed $50,000 Leading Edge Title Agency
Warranty Deed $25,000 Leading Edge Title Agency
Quit Claim Deed $8,500 None Available
Quit Claim Deed $1,700 None Available
Quit Claim Deed $17,600 None Available
Source: Public Records

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Source: Realcomp

MLS Number: 20250036878

Realcomp

APN: 16-021283