$114,000

Estimated payment $692/month

Total Views 210
3 Beds
1 Bath
949 Sq Ft
$120 Price per Sq Ft

Highlights

  • Very Popular Property
  • Ranch Style House
  • No HOA
  • Cass Technical High School Rated 10
  • Ground Level Unit
  • 4-minute walk to U of D Jesuit Johnson Recreation Center and Joe Louis Park

About This Home

Now available — a clean, income-producing 3-bedroom, 1-bath home located in Detroit right on the edge of Ferndale, offering the perfect balance of privacy, convenience, and long-term rental demand. Fully updated throughout, this property offers a modern living experience that both tenants and investors appreciate. The home features a comfortable, well-maintained layout, thoughtful upgrades, and solid mechanicals — making it a low-maintenance asset with strong appeal. The current tenant is in good standing and treating the home with care, allowing the next owner to step in and collect rent from day one. Positioned in a high-demand corridor, close to schools, shopping, major freeways, and everyday amenities, this property benefits from reliable rental traffic and long-term stability. Whether you’re expanding a portfolio or securing your first investment, this one checks the right boxes.
Updated 3-bed / 1-bath ranch, Turn-key investment — tenant already in place, Consistent rental income from day one, Modern updates throughout — move-in ready condition, Quiet neighborhood just minutes from Ferndale, Low-maintenance interior & exterior This is a plug-and-play cash-flow investment — the kind seasoned investors secure quickly, and new investors can feel confident about.

Listing Agent

Elijah Cook

KW Metro License #6501417241 Listed on: 11/17/2025

KW Metro

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40x114

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Vinyl Construction Material

Interior Spaces

  • 949 Sq Ft Home
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Wetherbee Oak Grove Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W16I036800S

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1957
  • State Equalized Value: 33200.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Total Sq Ft: 949

Exterior Features

  • Foundation Details: Crawl
  • Construction Materials: Vinyl
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer (Sewer-Sanitary)
  • Water Source: Water at Street

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Lot Size Area: 0.11
  • Lot Dimensions: 40X114
  • Parcel Number: W16I036800S

Tax Info

  • Tax Amount Summer: 2706.0000
  • Tax Amount Winter: 1309.0000
  • Total Tax: 4015.0000
  • Taxable Value: 33200.0000

MLS Schools

  • School District: Detroit

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
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 $1,091 $33,200 $0 $0
2024 $1,091 $28,100 $0 $0
2023 $1,059 $21,900 $0 $0
2022 $1,126 $18,800 $0 $0
2021 $1,096 $14,500 $0 $0
2020 $1,096 $14,200 $0 $0
2019 $1,080 $11,700 $0 $0
2018 $954 $9,800 $0 $0
2017 $172 $9,400 $0 $0
2016 $1,041 $17,100 $0 $0
2015 $1,060 $10,600 $0 $0
2013 $1,428 $14,904 $0 $0
2010 -- $19,764 $799 $18,965
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/17/2025 11/17/25 For Sale $114,000 0.0% $120 / Sq Ft
03/12/2025 03/12/25 Rented $1,300 0.0% --
03/05/2025 03/05/25 Under Contract -- -- --
02/24/2025 02/24/25 For Rent $1,300 0.0% --
02/14/2025 02/14/25 Sold $85,000 -5.5% $90 / Sq Ft View Prior Sale
01/29/2025 01/29/25 Pending -- -- --
01/02/2025 01/02/25 Price Changed $89,900 -10.1% $95 / Sq Ft
11/02/2024 11/02/24 Price Changed $99,999 -9.1% $105 / Sq Ft
10/11/2024 10/11/24 For Sale $110,000 -- $116 / Sq Ft
Source: Realcomp

Purchase History

Date Type Sale Price Title Company
Warranty Deed $85,000 Title One
Warranty Deed $31,000 Regions Title
Quit Claim Deed $3,500 None Listed On Document
Quit Claim Deed $3,500 None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Source: Public Records

Source: Realcomp

MLS Number: 20251054342

Realcomp

APN: 16-036800