Prime multi-family property at 3224 Webb Street, Detroit, featuring two spacious units with 3 bedrooms, 1 bathroom, and large living/dining rooms in each. Previous tenants paid $1,200 per unit, with potential to earn even more. Fully renovated investment opportunity with a newer roof, windows, electrical, and plumbing. Minor fire damage in one first-floor bedroom, but overall solid condition. Very motivated seller, priced to sell! Perfect for investors seeking quick returns in one of the city's hottest areas. Sold as-is—don’t miss this high-ROI opportunity!
Last Agent to Sell the Property
EXP Realty Main License #6501411264 Listed on: 09/08/2024
Home Type
Year Built
Lot Details
Parking
Home Design
Interior Spaces
Utilities
Listing and Financial Details
Overview
Pet Policy
$65,000
Welcome to this exceptional investor special in the heart of Detroit! This multi-family home has two spacious units designed to provide comfort and convenience. Each unit features 3 generously-sized bedrooms, 1 full bathroom, a spacious living room complete with a fireplace, an inviting eat-in kitchen perfect for family meals, and a separate dining room for entertaining guests. Whether you're
Corey Stone REALTEAM Real Estate
$74,900
Calling all investors! Great cash flow opportunity on Detroits west side! This two unit property features two 2 bedroom 1 bathroom units. The property needs some TLC but will be a great income producing property!
Richard Williams Berkshire Hathaway HomeServices The Loft Warehouse
$65,000
Investor Special – Duplex with Huge Income Potential!Opportunity knocks with this duplex featuring a 2-bedroom unit and a 3-bedroom unit, offering the potential to generate up to $2,600 per month once fully renovated. Whether you're an investor looking for your next flip or a buyer ready to build sweat equity, this property is bursting with potential.The layout is ideal for maximizing rental
DeShonna Igwenagha Premier Agent Network Michigan LLC
$85,000
Large West Side brick Duplex located in Detroit's Russell Woods neighborhood with newer 2 car garage. Property features newer roof (less than 5 years old), all new framing, rough plumbing finished, all main electric runs done (electrical is 30 percent finished) and newer privacy fence. Property was gutted to studs and reframed with modified open modern functioning floor plan (blueprint attached
Mikhail Grigoryan Detroit Progress Realty LLC
$65,000
HUGE OPPORTUNITY! Seller finance available! spacious duplex with two THREE bedroom units. All cabinets and most construction materials inside property are included in sale. In addition to the six beds, a third floor with half finished space for possible loft! includes new electric boxes, ductwork and furnaces! Seller is motivated and listen to all STRONG offers!
Garrett Hayden Keller Williams Realty-Great Lakes
$59,000
Turnkey rental property. Tenant are Month to Month and will leave at closing. No showings without accepted offer. Cash Offers with Fast closing will be accepted.
Michelle vance Worldwide Realty & Investment
$65,000
Oakman Neighborhood two family flat partially rehabbed available for new investor to add finishing touches. Each floor has two bedrooms and one bathroom. All plumbing, electric and HVAC has been updated throughout. New drywall and flooring in all rooms. Small fire from trespassing cause damage to drywall in unit. All major work completed - needs final cosmetic touches. Seller ready to move onto
Johanna Walker O'Connor Realty Detroit, LLC
$75,000
Brick Colonial Multifamily 3 down 2 up INVESTOR SPECIAL!!! Located on the same street as The Union Carpenters And Millwrights Skilled Training Center near the NEW 60,000 square foot, Merit Park Recreation / Fitness Center Project on Grand River / 96 service drive also the NEW Joe Lewis Greenway 27.5 mile bike and walking trail...this is next to it all. Each unit has 2 bedrooms, entry unity has an
Milton Owens-Crawford Reach Realty Group
$75,000
Nice duplex with some great EQUITY and great bones. With over 2,600 square feet and the property currently serving as a blank canvas for an investor/homeowner to put their final touches! This property features 2 full bedrooms in each unit with a 3rd that can be accessed through the 2nd bedroom. This property also features attic space that has already been framed to add an additional bedroom and
Jalen James Front Page Properties
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $70,000 | None Listed On Document | |
| Warranty Deed | $175,000 | Parks Title | |
| Warranty Deed | $37,000 | None Listed On Document | |
| Warranty Deed | -- | First American Title Ins Co |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $140,000 | Construction | |
| Previous Owner | $43,900 | Future Advance Clause Open End Mortgage |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/17/2024 12/17/24 | Sold | $70,000 | -46.1% | $20 / Sq Ft |
| 11/17/2024 11/17/24 | Pending | -- | -- | -- |
| 11/05/2024 11/05/24 | For Sale | $129,900 | 0.0% | $38 / Sq Ft |
| 10/01/2024 10/01/24 | Pending | -- | -- | -- |
| 09/08/2024 09/08/24 | For Sale | $129,900 | -25.8% | $38 / Sq Ft |
| 05/16/2022 05/16/22 | Sold | $175,000 | -10.3% | $34 / Sq Ft |
| 05/07/2022 05/07/22 | Pending | -- | -- | -- |
| 04/18/2022 04/18/22 | Price Changed | $195,000 | -2.0% | $38 / Sq Ft |
| 04/01/2022 04/01/22 | For Sale | $199,000 | -- | $39 / Sq Ft |
| 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 | $2,117 | $42,400 | $0 | $0 |
| 2023 | $2,303 | $25,500 | $0 | $0 |
| 2022 | $1,616 | $27,700 | $0 | $0 |
| 2021 | $1,381 | $22,500 | $0 | $0 |
| 2020 | $1,380 | $20,800 | $0 | $0 |
| 2019 | $1,361 | $19,600 | $0 | $0 |
| 2018 | $1,207 | $18,600 | $0 | $0 |
| 2017 | $209 | $19,000 | $0 | $0 |
| 2016 | $1,313 | $44,300 | $0 | $0 |
| 2015 | $1,091 | $13,100 | $0 | $0 |
| 2013 | $1,057 | $18,237 | $0 | $0 |
| 2010 | -- | $26,130 | $1,136 | $24,994 |
Seller's Agent in 2024
Ronnie Alauddin
EXP Realty Main
(586) 474-5751
2 in this area
92 Total Sales
Seller's Agent in 2022
Heather Dell
RE/MAX of Southeast Michigan
(248) 464-1116
5 in this area
130 Total Sales
Seller Co-Listing Agent in 2022
Jay Taylor
Good Company
(313) 410-1149
6 in this area
210 Total Sales
Source: Realcomp
MLS Number: 20240067166
APN: 12-003464
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393