2333 Ferris St Detroit, MI 48209
Springwells NeighborhoodEstimated payment $1,384/month
Highlights
- Bungalow
- Cass Technical High School Rated 10
- Forced Air Heating System
About This Home
Fantastic investment opportunity to own a duplex in Southwest Detroit. This property offers strong cash flow with great tenants already in place, making it an excellent investment for both new and seasoned investors. 2329 Ferris st is included in the sale. 2 new water heaters, Roof is approximate 5 years of age.Separate apartment units! Great long-term tenants (leases in place)! Buyer must honor all existing leases! Steady income & cash flow potential! Located in a rapidly developing area of Detroit. Situated near the exciting new Gordie Howe International Bridge project, this area is experiencing strong growth and revitalization. The property is also close to local shops, restaurants, parks, and major freeways, providing easy access to Downtown Detroit and Windsor, Canada. Showings by Appointment Only. Please do not disturb tenants. AS-IS SALE! Motivated seller. CASH ONLY. All information is estimated and not guaranteed; buyers should verify independently. Call today to schedule your private showing!
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1912
Lot Details
- 3,049 Sq Ft Lot
- Lot Dimensions are 30x100
Home Design
- Bungalow
- Poured Concrete
Interior Spaces
- 4 Full Bathrooms
- 2,120 Sq Ft Home
- 2-Story Property
- Partially Finished Basement
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
- 2 Units
- Harrahs Toledo Ave Sub Of Lt 2 P C 60 E Woodmere Subdivision
Listing and Financial Details
- Assessor Parcel Number W20I007680S
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,318 | $65,400 | $0 | $0 |
| 2024 | $4,318 | $54,000 | $0 | $0 |
| 2023 | $3,481 | $42,100 | $0 | $0 |
| 2022 | $1,682 | $33,400 | $0 | $0 |
| 2021 | $1,635 | $26,800 | $0 | $0 |
| 2020 | $1,719 | $23,200 | $0 | $0 |
| 2019 | $1,608 | $17,700 | $0 | $0 |
| 2018 | $1,403 | $15,100 | $0 | $0 |
| 2017 | $283 | $14,900 | $0 | $0 |
| 2016 | $918 | $6,800 | $0 | $0 |
| 2015 | $680 | $6,800 | $0 | $0 |
| 2013 | $756 | $7,562 | $0 | $0 |
| 2010 | -- | $10,835 | $610 | $10,225 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/05/2025 10/05/25 | Price Changed | $195,000 | -2.5% | $92 / Sq Ft |
| 08/22/2025 08/22/25 | For Sale | $199,999 | -- | $94 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $104,600 | Michigan Title Insurance Agenc | |
| Quit Claim Deed | -- | Michigan Title Insurance Agenc | |
| Quit Claim Deed | -- | -- | |
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $9,500 | Michigan Title Ins Agcy Inc | |
| Interfamily Deed Transfer | -- | None Available |
Source: Realcomp
MLS Number: 20251029763
APN: 20-007680
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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