$95,000
$5K PRICE DROP

Estimated payment $664/month

Total Views 8,534
-- Bed
4 Baths
3,396 Sq Ft
$28 Price per Sq Ft

About This Home

Investors, seize this opportunity to acquire a two-unit multifamily property, each unit offering three spacious bedrooms and 1.5 bathrooms. A new roof was installed in 2024, and the remaining updates are primarily cosmetic. The property includes a finished attic, enhancing its value and potential. Situated near Russell Woods approximately a block from the Dexter Avenue corridor, which is undergoing a multi-million revitalization through the Strategic Neighborhood Fund to enhance infrastructure and stimulate economic development. This property presents a promising investment in a rapidly developing community.? Schedule your showing today!

Listing Agent

Zaquay Edwards

KW Metro License #6501400700 Listed on: 03/20/2025

KW Metro

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1924

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40.00 x 122.00

Parking

  • 2 Parking Spaces

Home Design

  • 3,396 Sq Ft Home
  • Brick Exterior Construction
  • Poured Concrete

Bedrooms and Bathrooms

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number W12I003465S
  • $350 per year additional tax assessments

Community Details

Overview

  • 2 Units
  • Webb Avenue Sub Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,710

Year Built

Built in 1924

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Property Type: ResidentialIncome
  • Year Built: 1924
  • State Equalized Value: 43800.00
  • Pets Allowed: Yes
  • Property Sub Type: MultiFamily
  • LotSizeAcres: 0.11
  • Co List Office Mls Id: 338536
  • Above Grade Finished Sq Ft: 3396.00
  • Living Area: 3396.00
  • ClassName: ResidentialIncome
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2

Exterior Features

  • Waterfront: No
  • Foundation Details: Basement, Poured
  • Construction Materials: Brick
  • Road Frontage Type: Paved
  • Disclosures: ProjectedIncome, TaxesNotHomesteadExempt

Garage/Parking

  • Garage: No
  • Total Parking Spaces: 2.00

Utilities

  • Heating: HotWater, NaturalGas
  • Sewer: PublicSewer
  • Water Source: Public

Schools

  • Junior High Dist: Detroit

Lot Info

  • Lot Size Area: 0.11
  • Lot Dimensions: 40.00 x 122.00
  • Parcel Number: W12I003465S
  • Land Lease Expiration Date: 2026-09-30
  • Zoning Description: MultiFamily, Residential

Rental Info

  • Monthly Rental Income: 3000.00

Tax Info

  • Tax Amount Summer: 1565.00
  • Tax Amount Winter: 145.00
  • Tax Annual Amount: 1710.00
  • Tax Other Annual Assessment Amount: 350.00

Multi Family

  • Gross Scheduled Income: 36000.00
  • Number Of Units Total: 2

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $180 $0 $0 $0
2024 $1,265 $43,800 $0 $0
2023 $1,523 $35,000 $0 $0
2022 $355 $0 $0 $0
2021 $1,577 $22,800 $0 $0
2020 $1,576 $21,100 $0 $0
2019 $1,429 $19,900 $0 $0
2018 $1,249 $20,300 $0 $0
2017 $249 $20,800 $0 $0
2016 $1,378 $49,100 $0 $0
2015 $1,370 $13,700 $0 $0
2013 $1,539 $18,986 $0 $0
2010 -- $27,203 $1,136 $26,067
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/09/2026 05/09/26 Price Changed $95,000 -13.6% $28 / Sq Ft
03/31/2026 03/31/26 Price Changed $110,000 0.0% $32 / Sq Ft
03/31/2026 03/31/26 For Sale $110,000 +10.0% $32 / Sq Ft
05/01/2025 05/01/25 Off Market $100,000 -- --
03/21/2025 03/21/25 For Sale $100,000 -- $29 / Sq Ft
Source: Realcomp

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Source: Public Records

Source: Realcomp

MLS Number: 20250018934

Realcomp

APN: 12-003465

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