$385,000
SOLD JUL 14, 2025
-- Bed
-- Bath
-- Sq Ft
0.27 Acres

Recently Sold

28% Above List Price

14 Days on Market

Highlights

  • 0.27 Acre Lot
  • 1 Fireplace
  • Heating System Uses Natural Gas
  • Cass Technical High School Rated 10
  • Corner Lot: Yes

About This Home

As of July 2025

Highest and Best due by 5pm on Saturday, July 5th.
Located just next to the $3 billion Henry Ford Future of Health megaproject, New Center and Wayne State University this 12-unit apartment building is right where rental demand is growing and promises superb cash flow potential. Owned by one owner since Detroit's peak in the 60's, this project gives it's new owner a chance to revitalize and be a part of the city's growing future. All 12 units are 2 bed / 1 bath. The building is priced to sell at $300,000 and will be sold as-is to the right buyer.

Last Agent to Sell the Property

Paul Nichols

Worth Clark Realty License #6501404636 Listed on: 06/25/2025

Worth Clark Realty

Last Buyer's Agent

Paul Nichols

Worth Clark Realty License #6501404636 Listed on: 06/25/2025

Worth Clark Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,261

Year Built

  • Built in 1922

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 90 x 130
  • Corner Lot: Yes

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 1 Fireplace

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Radiant Heating System

Community Details

  • 12 Units

Listing and Financial Details

  • Tenant pays for electric, water, trash, sewer, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,261

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1922
  • Location Property Info:Property Sub-Type: 5+ Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 90 x 130
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 12
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Lot Description:Corner Lot: Yes
  • Heat Type:Radiant: Yes
  • Roofing:Rubber: Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Substructure Walk-Out Access2: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Full, Walk-Out Access
  • Basement: Yes

Exterior Features

  • Construction Materials: Brick
  • List Price: 300000.0
  • Lot Features: Corner Lot
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Rubber
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Brick: Yes

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Radiant
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected

Lot Info

  • Lot Size Acres: 0.27
  • Lot Size Area: 0.27
  • Lot Dimensions: 90 x 130
  • Lot Size Sq Ft: 11761.0

Rental Info

  • Owner Pays: None
  • Tenant Pays: Electric, Water, Trash, Sewer, Gas

Multi Family

  • Number of Units Total: 12

Tax Info

  • Tax Annual Amount: 5261.0
  • Tax Year: 2024

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Range of Values:

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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 Change Sq Ft Price
07/14/2025 07/14/25 Sold $385,000 +28.3% --
07/09/2025 07/09/25 Pending -- -- --
06/25/2025 06/25/25 For Sale $300,000 -- --
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 25030785

Southwestern Michigan Association of REALTORS®