$95,000

Estimated payment $695/month

Total Views 70
4 Beds
2.5 Baths
2,683 Sq Ft
$35 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Forced Air Heating System
  • Hot Water Heating System
  • Cass Technical High School Rated 10

About This Home

Great opportunity to own a 2-unit income property, currently Cash flowing in the new center area, Each unit is spacious featuring 2 bedrooms. The property needs work, but major updates have already been completed—including a new roof, new furnaces, and new hot water tanks. Rents are currently well below market due to deferred cosmetic updates. The upper unit porch requires repair, gutters need replacement, and kitchens and bathrooms in both units would benefit from renovation. Whether you're looking for a fix-and-flip or planning to BRRRR (Buy, Rehab, Rent, Refinance, Repeat), this property has strong upside potential. Do not disturb the tenants—26 hour notice required please - showings by appointment only.

Listing Agent

Monica Love

Retrac Realty LLC License #6502354164 Listed on: 08/03/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1912

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 45x110

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2,683 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Back Up Electric Heat Pump System
  • Hot Water Heating System

Community Details

  • 2 Units
  • Wildermere Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12001402

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,057

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment, Traditional
  • Architecture Level: 2 Story
  • Year Built: 1912
  • State Equalized Value: 36900.0000
  • Pets Allowed: No
  • 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: 2683
  • Total Sq Ft: 2683
  • Sq Ft Total Bsmt: 1135

Exterior Features

  • Foundation Details: Basement, Michigan Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Electric
  • Heating: Forced Air, Hot Water
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.11
  • Lot Dimensions: 45X110
  • Parcel Number: 12001402
  • Zone Conform: Yes
  • Zoning: Multi-Family, Residential

Rental Info

  • Monthly Rental Income: 750

Tax Info

  • Tax Amount Summer: 1593.0000
  • Tax Amount Winter: 464.0000
  • Total Tax: 2057.0000
  • Taxable Value: 19815.0000

Multi Family

  • Gross Scheduled Income: 18000.00
  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Detroit

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,593 $36,900 $0 $0
2023 $1,793 $29,900 $0 $0
2022 $1,911 $23,100 $0 $0
2021 $1,859 $17,400 $0 $0
2020 $2,154 $20,500 $0 $0
2019 $1,296 $15,900 $0 $0
2018 $982 $12,800 $0 $0
2017 $155 $13,200 $0 $0
2016 $1,061 $34,000 $0 $0
2015 $850 $8,500 $0 $0
2013 $1,063 $11,755 $0 $0
2010 -- $16,843 $982 $15,861
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2025 08/03/25 For Sale $95,000 +183.6% $35 / Sq Ft
06/28/2019 06/28/19 Sold $33,500 -13.0% $15 / Sq Ft
06/24/2019 06/24/19 Pending -- -- --
05/20/2019 05/20/19 For Sale $38,500 -- $17 / Sq Ft
Source: Realcomp

Purchase History

Date Type Sale Price Title Company
Warranty Deed $33,500 Title One Inc
Quit Claim Deed $19,000 None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

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Source: Realcomp

MLS Number: 20251023570

Realcomp

APN: 12-001402