$139,900
PENDING $40K PRICE DROP

Estimated payment $843/month

Total Views 49,942
6 Beds
2 Baths
2,200 Sq Ft
$64 Price per Sq Ft

Highlights

  • Covered Patio or Porch
  • Cass Technical High School Rated 10
  • Forced Air Heating System

About This Home

Location, location, location! Do not miss out on this property located on Central Street! There is a ton of development going on in the area in anticipation of the International Gordie Howe Bridge. At this price point, this opportunity will not last. Property features 2-3 bedrooms. Turn this property into long-term passive income! The buyer's agent is to order the reading and it will not be an excuse to delay* closing. Property sold "As Is".Great Investment opportunity on this 2 unit income property. Each unit has separate utilities and was updated in 2004. This will go quickly. Proof of funds should be provided with the offer. Please do not approach tenants-Landlord can show units with an approved offer.- *All data and measurements are approx * Buyer/Buyers agent to verify all information and data. *PRE-APPROVED PURCHASER'S ONLY* Buyer to assume all repairs and sign ACR with City of Detroit.

Listing Agent

Beth Borson

National Realty Centers, Inc License #6501251098 Listed on: 03/02/2022

National Realty Centers, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1924 | Remodeled in 2004

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 25.00x70.00

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,200 Sq Ft Home
  • 2-Story Property
  • Basement

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Separate Water Meter
  • Natural Gas Water Heater
  • Sewer in Street

Community Details

  • 2 Units
  • Ferndale Ave Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W20I004974S002L

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,049

Year Built

Built in 1924 | Remodeled in 2004

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Assessment: 240
  • Year Built: 1924
  • State Equalized Value: 19900.0000
  • Year Renovated: 2004
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Private
  • Sq Ft Combined: 2200
  • Total Sq Ft: 2200
  • Sq Ft Total Bsmt: 1100

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Wood
  • Foundation Materials: Block
  • Porch Type: Porch - Covered, Porch, Covered
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • MF Parking: On Street

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air, Separate Meters
  • Sewer: Sewer at Street
  • Water Heater Fuel: Natural Gas, Separate Meters
  • Water Source: Public (Municipal)

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.04
  • Lot Dimensions: 25.00X70.00
  • Parcel Number: W20I004974S002L
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 1200

Tax Info

  • Tax Amount Summer: 962.0000
  • Tax Amount Winter: 87.0000
  • Total Tax: 1049.0000
  • Taxable Value: 9272.0000

Multi Family

  • Gross Scheduled Income: 14400.00
  • Number Of Units Total: 2
  • Number of Three Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Detroit

Map

Range of Values:

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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

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 $1,045 $43,600 $0 $0
2024 $1,045 $36,000 $0 $0
2023 $1,014 $28,100 $0 $0
2022 $1,077 $24,300 $0 $0
2021 $1,049 $19,900 $0 $0
2020 $1,049 $17,600 $0 $0
2019 $1,034 $13,500 $0 $0
2018 $915 $12,800 $0 $0
2017 $163 $12,600 $0 $0
2016 $1,097 $18,400 $0 $0
2015 $848 $18,400 $0 $0
2013 $822 $20,341 $0 $0
2010 -- $29,146 $357 $28,789
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 Pending -- -- --
03/12/2025 03/12/25 For Sale $139,900 0.0% $64 / Sq Ft
12/19/2024 12/19/24 Pending -- -- --
03/07/2024 03/07/24 Price Changed $139,900 -17.7% $64 / Sq Ft
07/03/2023 07/03/23 Price Changed $169,900 -5.6% $77 / Sq Ft
03/02/2022 03/02/22 For Sale $179,900 -- $82 / Sq Ft
Source: Realcomp

Purchase History

Date Type Sale Price Title Company
Warranty Deed $110,000 None Listed On Document
Warranty Deed $110,000 None Listed On Document
Quit Claim Deed -- None Available
Quit Claim Deed -- --
Warranty Deed -- Capital Title Ins Agency
Warranty Deed $97,000 Capital Title Ins Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $77,000 Unknown
Source: Public Records

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Source: Realcomp

MLS Number: 2220013946

Realcomp

APN: 20-00-497-40-02L