Estimated payment $376/month
Now offering 19640 Hoover Rd in Detroit, Mi, an amazing opportunity for an investor to add to their rental portfolio. Currently operating at a 26.4% cap rate, this home has been recently renovated by the landlord. A long term cash paying tenant is in place and would love nothing more than to stay. This unit has been cared for and maintained by the landlord to make for an easy transition to a new property owner or management team. For interested buyers, this landlord has multiple other single family owner occupied units for sale, all averaging 20% or better ROI.
| 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 | $1,128 | $23,200 | $0 | $0 |
| 2024 | $1,128 | $20,600 | $0 | $0 |
| 2023 | $1,095 | $16,300 | $0 | $0 |
| 2022 | $1,165 | $13,700 | $0 | $0 |
| 2021 | $1,134 | $11,100 | $0 | $0 |
| 2020 | $1,134 | $10,100 | $0 | $0 |
| 2019 | $1,028 | $9,300 | $0 | $0 |
| 2018 | $910 | $8,700 | $0 | $0 |
| 2017 | $161 | $8,500 | $0 | $0 |
| 2016 | $1,005 | $10,100 | $0 | $0 |
| 2015 | $1,010 | $10,100 | $0 | $0 |
| 2013 | $1,400 | $14,004 | $0 | $0 |
| 2010 | -- | $20,531 | $1,019 | $19,512 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/17/2025 08/17/25 | For Sale | $50,000 | 0.0% | $57 / Sq Ft |
| 04/10/2025 04/10/25 | Pending | -- | -- | -- |
| 03/24/2025 03/24/25 | For Sale | $50,000 | +177.8% | $57 / Sq Ft |
| 04/04/2019 04/04/19 | Sold | $18,000 | 0.0% | $16 / Sq Ft |
| 03/22/2019 03/22/19 | Pending | -- | -- | -- |
| 02/20/2019 02/20/19 | For Sale | $18,000 | -- | $16 / Sq Ft |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $18,000 | Regions Title Agency Llc | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | $500 | None Available | |
| Quit Claim Deed | $1,500 | None Available | |
| Quit Claim Deed | -- | None Available |
$44,900
This all brick home features hardwood through out. Newer furnace. Newer appliances. Just needs clean up, paint and ready to rent. Good mechanicals. Home is being occupied without authorization, although occupants claim they would like to stay. Show at your own risk, purchaser responsible for evicting current occupants and all access.
Robert Kluck Professional Leasing & Sales LLC
$59,999
This brick ranch in Detroit is full of potential and ready for your vision. Featuring classic hardwood floors and charming coved ceilings, this home offers a solid foundation to make it your own. The spacious kitchen provides plenty of room for updates, while the stylish retro tile bath adds a touch of vintage charm. Three bedrooms offer comfortable living space, and the partially finished
Jim Shaffer Good Company
$44,900
Seller says bring all reasonable offers. Good solid home with natural fireplace in the living room! New roof on house and garage. Home is occupied, non-paying tenant, so no showings at this time. Condition at this time is unknown. Pictures are when the seller occupied the home
Penny Tarwacki Real Estate One Southgate
$59,300
As uncommon as a diamond in the rough, ready to be polished to its full brilliance. This generous home presents an exciting opportunity for savvy investors or hands-on homeowners eager to craft their vision.Perfectly positioned near highways, schools, parks, and shopping, it provides effortless access to everything the city has to offer—and more. Don’t miss your chance, schedule your private
Derek Lievens Market Elite Inc
$45,900
Welcome to this inviting 3-bedroom brick bungalow, perfectly nestled in the heart of Detroit! This classic home offers timeless charm with a spacious living area, beautiful hardwood floors, and plenty of natural light.
Albert Hakim RE/MAX First
$44,900
Great opportunity for a first home buyer or an investor. This split-level home has a newer roof, a large fenced in backyard and a covered front porch. The interior layout is very unique. An acceptable offer is required before any showings will be allowed. Property will be vacant at close. A license realtor must be present during all showings and inspections. BATVAI
Clarence Wilson RCH Brokerage Legacy Inc
$49,900
ATTENTION INVESTORS! DISCOVER AN EXCEPTIONAL OPPORTUNITY IN DETROIT. THIS 2-UNIT MULTIFAMILY PROPERTY OFFERS GREAT POTENTIAL. EACH UNIT CONTAINS 2 BEDROOMS, A LIVING ROOM WITH FIREPLACE, A DINING ROOM, KITCHEN AND BATH. LOCATED BETWEEN DOWNTOWN DETROIT AND GROSSE POINTE. CLOSE TO SCHOOLS, FREEWAYS AND MORE. ONCE THE UNITS ARE UPDATED EACH UNIT COULD EARN UP TO $1,000 PLUS. THIS IS A BANK OWNED
Albert Hakim RE/MAX First
$55,000
Investor Special...Excellent Opportunity To Redevelop This 4 Bedroom 2 Bath Duplex...Property is Occupied...24-HR Notice To Show...Property Will Be Vacant At Closing...Schedule Your Showing Today...This Will Not Last Long! Adjacent Vacant Lot Is Also Available For Sale Through The Detroit Land Bank Authority.
Hassan Scheib Own It Realty
$59,900
Investor special! This colonial offers 3 bedrooms, 1 bathroom, a living room, and a dining room with solid bones ready for a full renovation. Sitting on a deep lot, the property provides a spacious yard perfect for future gatherings or expansion potential. Located within walking distance to parks and schools, this home is positioned for long-term value.Perfect for buyers looking to
Arianna Lee National Realty Centers, Inc
Source: Realcomp
MLS Number: 20250019731
APN: 21-036306
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