$435,000
SOLD MAR 7, 2025
8 Beds
4.5 Baths
3,940 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$110 Per Sq Ft

3% Below List Price

27 Days on Market

Highlights

  • Colonial Architecture
  • Forced Air Heating System
  • Dogs and Cats Allowed
  • Cass Technical High School Rated 10
  • 2 Car Garage

About This Home

As of March 2025

Here is a fantastic value add multi family opportunity in the highly desirable North End neighborhood. This brick quadruplex boasts spacious 2 bedroom / 1 bathroom units. Gas and electric are separately metered. Roomy apartments feature nice sized living and dining rooms. This is a truly turn key operation, with some cosmetic upgrades you could get the NOI to an even higher level. Property currently operated as an air bnb. Close to the Schvitz, Oak and Reel, New Center, Milwaukee Junction and Downtown. Sold AS IS BATVAI

Last Agent to Sell the Property

Alex Lauer

Clyde Realty LLC License #6501387117 Listed on: 01/20/2025

Co-Listed By

Ben Ness

Clyde Realty LLC License #6501394137

Last Buyer's Agent

Tyler Baldwin

O'Connor Realty Detroit, LLC License #6501417377

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1915

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 45.00 x 120.00

Parking

  • 2 Car Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 3,940 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number W01I002515S

Community Details

Overview

  • 4 Units
  • Lowes Sub Subdivision

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,677

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 250.00
  • Year Built: 1915
  • State Equalized Value: 135100.0000
  • Pets Allowed: Cats OK, Dogs OK
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 3940
  • Total Sq Ft: 3940
  • Sq Ft Total Bsmt: 1935

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 45
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes
  • Total Parking Spaces: 2

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Water at Street

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.12
  • Lot Dimensions: 45.00 x 120.00
  • Parcel Number: W01I002515S
  • Zoning: Multi-Family, Residential

Tax Info

  • Tax Amount Summer: 1525.0000
  • Tax Amount Winter: 152.0000
  • Total Tax: 1677.0000
  • Taxable Value: 16929.0000

Multi Family

  • Number Of Units Total: 4
  • Number of Two Bedroom Units: 4

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2025
Closed on
Mar 7, 2025
Sold by
Smith Joeleo
Bought by
Rochester Management Group Llc
Seller's Agent
Alex Lauer
Clyde Realty LLC
Buyer's Agent
Tyler Baldwin
O'Connor Realty Detroit, LLC
List Price
$450,000
Sold Price
$435,000
Premium/Discount to List
-$15,000
-3.33%
Views
33

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.18%

Purchase Details

Closed on
Nov 7, 2013
Sold by
Wayne County Treasurer
Bought by
Smith Joeleo
Source: Public Records

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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

Purchase History

Date Type Sale Price Title Company
Warranty Deed $435,000 None Listed On Document
Quit Claim Deed $4,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2025 07/02/25 Price Changed $1,400 -6.7% $2 / Sq Ft
06/19/2025 06/19/25 For Rent $1,500 0.0% --
03/07/2025 03/07/25 Sold $435,000 -3.3% $110 / Sq Ft
02/16/2025 02/16/25 Pending -- -- --
01/20/2025 01/20/25 For Sale $450,000 -- $114 / 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
2024 $1,525 $135,100 $0 $0
2023 $1,412 $96,900 $0 $0
2022 $1,516 $59,100 $0 $0
2021 $1,475 $42,300 $0 $0
2020 $1,471 $40,700 $0 $0
2019 $1,448 $30,800 $0 $0
2018 $1,358 $29,600 $0 $0
2017 $261 $29,400 $0 $0
2016 $1,491 $58,400 $0 $0
2015 $1,360 $13,600 $0 $0
2013 $1,399 $16,128 $0 $0
2010 -- $21,388 $774 $20,614
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20250004363

Realcomp

APN: 01-002515