$380,000
SOLD JUL 10, 2025

18059 Hoover St Detroit, MI 48205

Von Steuben Neighborhood
16 Beds
16 Baths
10,590 Sq Ft
0.46 Acres

Recently Sold

$36 Per Sq Ft

24% Below List Price

60 Days on Market

Highlights

  • 0.46 Acre Lot
  • Colonial Architecture
  • Balcony
  • Cass Technical High School Rated 10
  • Covered Patio or Porch
  • Entrance Foyer

About This Home

As of July 2025

LENDER FORECLOSED!!!AMAZING OPPORTUNITY HERE WITH THIS BEAUTIFUL ALL BRICK APARTMENT BUILDING WHICH COULD BE INCOME PRODUCING WITH MINIMAL REPAIR TO 200,000.00 ANNUAL GROSS!
GREAT LOCATION, HIGH VISIBILITY AND SPACIOUS APARTMENTS WITH ALL NEW SECURITY DOORS
16 UNITS ALL TOGETHER WITH 8 GARDEN RISE AND 8 SECOND STORY WALK UP UNITS
THIS IS A MUST, MUST, MUST SEE. CALL FOR DETAILS AND APPOINTMENTS!
WE WILL HAVE THE BUILDING OPEN FOR ALL SHOWINGS ON JAN 24 FROM 12-4PM
WE ARE SORRY-WILL NOT HAVE KEYS UNTIL NOON, JAN 24

Last Agent to Sell the Property

Wendy Briggs

First Michigan Realty Corp License #6502395694 Listed on: 01/13/2025

Last Buyer's Agent

Wendy Briggs

First Michigan Realty Corp License #6502395694 Listed on: 01/13/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1948

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 200.00 x 100.00

Parking

  • 25 Parking Spaces

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 16 Full Bathrooms
  • 10,590 Sq Ft Home
  • 2-Story Property
  • Awning
  • Entrance Foyer
  • Unfinished Basement

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Back Up Electric Heat Pump System
  • Hot Water Heating System
  • Heating System Uses Steam
  • Radiant Heating System
  • Sewer in Street
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number W17I013999C4008

Community Details

Overview

  • 16 Units
  • Onahome Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,225

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial, Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: 100.00
  • Year Built: 1948
  • State Equalized Value: 338200.0000
  • Pets Allowed: No
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: 220 Volts, Cable Available, Circuit Breakers, Entrance Foyer, High Spd Internet Avail, Laundry Facility
  • Total Bathrooms: 16.00
  • Full Bathrooms: 16
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 10590

Exterior Features

  • Roof Material: Asphalt, Composition
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Awning/Overhang(s), Lighting
  • Foundation Materials: Block
  • Porch Type: Balcony, Porch - Covered, Porch, Covered
  • Road Frontage Type: Paved
  • Sideof Street: W

Garage/Parking

  • Total Parking Spaces: 25

Utilities

  • Heating Fuel: Electric
  • Heating: Hot Water, Radiant, Steam
  • Sewer: Public Sewer (Sewer-Sanitary), Sewer at Street
  • Water Source: Public (Municipal), Water at Street
  • Laundry Facilities: Yes

Fee Information

  • Operating Expense: 26000.00

Lot Info

  • Lot Size Area: 0.46
  • Lot Dimensions: 200.00 x 100.00
  • Parcel Number: W17I013999C4008
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Trash Collection, Water, Yard Maintenance
  • Monthly Rental Income: 16000

Tax Info

  • Tax Amount Summer: 6467.0000
  • Tax Amount Winter: 758.0000
  • Total Tax: 7225.0000
  • Taxable Value: 84519.0000

Multi Family

  • Gross Scheduled Income: 192000.00
  • Number Of Units Total: 16

MLS Schools

  • School District: Detroit

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2025 07/10/25 Sold $380,000 -24.0% $36 / Sq Ft
03/14/2025 03/14/25 Pending -- -- --
01/13/2025 01/13/25 For Sale $499,900 -- $47 / 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 $21,170 $358,400 $0 $0
2024 $20,996 $338,200 $0 $0
2023 $6,297 $286,800 $0 $0
2022 $23,138 $251,600 $0 $0
2021 $15,142 $171,300 $0 $0
2020 $6,577 $137,000 $0 $0
2019 $6,456 $129,600 $0 $0
2018 $5,500 $73,500 $0 $0
2017 $1,303 $68,700 $0 $0
2016 $6,770 $67,700 $0 $0
2015 $6,770 $67,700 $0 $0
2013 $6,766 $67,657 $0 $0
2010 -- $72,864 $10,954 $61,910
Source: Public Records

Agents Affiliated with this Home

  • Wendy Briggs

    Seller's Agent in 2025

    Wendy Briggs

    First Michigan Realty Corp

    (586) 945-1789

    2 in this area

    37 Total Sales

    Wendy Briggs
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Map

Source: Realcomp

MLS Number: 20250002853

Realcomp
Michigan Wayne County Detroit 48205 Von Steuben

18059 Hoover St, Detroit, MI

Sold

MultiFamily

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Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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