NOT LISTED FOR SALE

Estimated Value: $81,000 - $94,000

3 Beds
1 Bath
949 Sq Ft
$93/Sq Ft Est. Value

Last Sold February 14, 2025

Last sale price $85,000 $90 Per Sq Ft

Highlights

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

About This Home

As of March 2025

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.

Last Agent to Rent the Property

Elijah Cook

KW Metro License #6501417241 Listed on: 02/24/2025

KW Metro

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40.00 x 114.00

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Asphalt Roof
  • 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
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Wetherbee Oak Grove Sub Subdivision

Listing and Financial Details

  • Security Deposit $1,300
  • 12 Month Lease Term
  • Application Fee: 35.00
  • Assessor Parcel Number W16I036800S

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

0

Rental Info

  • Application Fee: 35.00
  • Lease Type: Single Family House
  • Security Deposit: 1300.00

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1957
  • Entry Location: Ground Level
  • Pets Allowed: No
  • AgentOnly_ListPriceByAcre: 11818.1800
  • 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

  • Roof Material: Asphalt
  • 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: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Water at Street

Condo/Co-op/Association

  • Association Fee: No

Fee Information

  • Additional Fee: 200.00

Lot Info

  • Lot Size Area: 0.11
  • Lot Dimensions: 40.00 x 114.00
  • Parcel Number: W16I036800S

Multi Family

  • Length of Lease: 12 Months

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2025
Closed on
Feb 14, 2025
Sold by
Clarke Jerome
Bought by
Yang Jing
Seller's Agent
Elijah Cook
KW Metro
Sold Price
$1,300
Views
338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.39%

Purchase Details

Closed on
Mar 12, 2024
Sold by
Divine Real Estate Investments
Bought by
Clarke Jerome

Purchase Details

Closed on
Feb 8, 2024
Sold by
Glenn Derek
Bought by
Poindexter Solutions Llc

Purchase Details

Closed on
Mar 11, 2023
Sold by
Poindexter Solutions Llc
Bought by
Divine Real Estate Inv Llc

Purchase Details

Closed on
Sep 3, 2015
Sold by
Real Estate Donations Usa
Bought by
Glenn Derek

Purchase Details

Closed on
Jul 24, 2015
Sold by
Lynch Rosalind J and Lynch Marvin L
Bought by
Real Estate Donations Usa
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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

Purchase History

Date Buyer Sale Price Title Company
Yang Jing $85,000 Title One
Clarke Jerome $31,000 Regions Title
Poindexter Solutions Llc $3,500 None Listed On Document
Poindexter Solutions Llc $3,500 None Listed On Document
Divine Real Estate Inv Llc -- None Listed On Document
Glenn Derek -- None Listed On Document
Glenn Derek -- None Listed On Document
Real Estate Donations Usa -- None Listed On Document
Real Estate Donations Usa -- None Listed On Document
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

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 $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

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20250011361

Realcomp

APN: 16-036800