$135,000
SOLD JUN 17, 2025
6 Beds
2.5 Baths
2,706 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$50 Per Sq Ft

10% Below List Price

31 Days on Market

Highlights

  • Hot Water Heating System
  • Cass Technical High School Rated 10
  • Garage

About This Home

As of June 2025

Unlock a solid investment opportunity with this well-kept multifamily property, ideally located just minutes from the historic Boston-Edison District and the renowned Durfee Innovation Society. Each of the two spacious units boasts three well-appointed bedrooms and a full bath, delivering comfort and convenience for tenants. An additional half bath is situated in the basement, offering extra utility.The property is currently tenant-occupied, ensuring immediate cash flow. One of the tenants has enjoyed long-term residency, and both tenants consistently pay on time, making this an ideal addition to any investor's portfolio. Don't miss out on this gem—perfect for expanding your real estate holdings with a stable, income-generating asset. BATVAI. NO SHOWINGS WITHOUT AN ACCEPTED OFFER. DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Rondre Brooks

New Way Realty Partners License #6501388750 Listed on: 04/11/2025

Last Buyer's Agent

David Rabior

Clyde Realty LLC License #6501406276

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1924

Lot Details

  • Lot Dimensions are 34.00 x 123.00

Parking

  • Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 2,706 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number W12I003494S

Community Details

Overview

  • 2 Units
  • Tuxedo Addition Sub Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$946

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Assessment: 350.00
  • Year Built: 1924
  • State Equalized Value: 35200.0000
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2706
  • Total Sq Ft: 2706
  • Sq Ft Total Bsmt: 1353

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 34
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Hot Water
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Schools

  • School District: Detroit

Lot Info

  • Lot Dimensions: 34.00 x 123.00
  • Parcel Number: W12I003494S
  • Zoning: Multi-Family
  • Percent Homestead Exempt: Yes

Rental Info

  • Monthly Rental Income: 1800

Tax Info

  • Tax Amount Summer: 883.0000
  • Tax Amount Winter: 63.0000
  • Total Tax: 946.0000
  • Taxable Value: 7070.0000

Multi Family

  • Gross Scheduled Income: 21600.00
  • Number Of Units Total: 2
  • Number of Three Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2024
Closed on
Jul 3, 2024
Sold by
Parnell Group Llc
Bought by
Water Walk Holdings Llc
Seller's Agent
Farheen Din
Inside Realty, LLC
Buyer's Agent
Rondre Brooks
New Way Realty Partners
List Price
$145,000
Sold Price
$138,500
Premium/Discount to List
-$6,500
-4.48%
Views
34

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.35%
Original Mortgage
$117,725
Outstanding Balance
$30,205
Interest Rate
6.99%
Mortgage Type
Construction
Estimated Equity
$95,846

Purchase Details

Closed on
Feb 13, 2010
Sold by
Parnell Carolyn M and Parnell Bryant
Bought by
The Parnell Group Llc

Purchase Details

Closed on
Feb 2, 2009
Sold by
Parnell Carolyn M and Parnell Bryant
Bought by
Parnell Carolyn M
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 $138,500 None Listed On Document
Warranty Deed -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $117,725 Construction
Closed $21,275 Construction
Previous Owner $56,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2025 06/17/25 Sold $135,000 -6.9% $50 / Sq Ft
05/12/2025 05/12/25 Pending -- -- --
04/23/2025 04/23/25 Price Changed $144,999 -3.3% $54 / Sq Ft
04/11/2025 04/11/25 For Sale $149,999 +8.3% $55 / Sq Ft
07/03/2024 07/03/24 Sold $138,500 -4.5% $51 / Sq Ft
05/06/2024 05/06/24 Pending -- -- --
05/02/2024 05/02/24 For Sale $145,000 0.0% $54 / Sq Ft
04/27/2024 04/27/24 Pending -- -- --
04/25/2024 04/25/24 For Sale $145,000 -- $54 / 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 $633 $35,200 $0 $0
2023 $858 $28,100 $0 $0
2022 $901 $22,600 $0 $0
2021 $882 $18,300 $0 $0
2020 $882 $17,000 $0 $0
2019 $872 $16,000 $0 $0
2018 $792 $15,100 $0 $0
2017 $109 $15,400 $0 $0
2016 $847 $36,300 $0 $0
2015 $600 $6,000 $0 $0
2013 $840 $8,398 $0 $0
2010 -- $12,033 $872 $11,161
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20250025094

Realcomp

APN: 12-003494