$168,000
SOLD MAR 17, 2025
6 Beds
3 Baths
1,848 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$91 Per Sq Ft

7% Below List Price

25 Days on Market

Highlights

  • Colonial Architecture
  • Covered Patio or Porch
  • Heating System Uses Steam
  • Cass Technical High School Rated 10
  • Forced Air Heating System
  • Laundry Facilities

About This Home

As of March 2025

**INVESTORS** This 3-unit property is fully occupied and would be a perfect addition to your rental portfolio! The 1st floor 3 bedroom has an excellent long-term tenant (5+ years) who is paying $800/month and is leased thru 7/31/2025, the 2nd floor 2 bedroom unit has a tenant leased thru 11/30/2025 and is paying $759/month, while the 1 bedroom basement unit has a tenant leased thru 8/31/2025 and is paying $750/month! The property features updated kitchens and bathrooms in all 3 units, hardwood flooring throughout much of the 1st and 2nd floor units, ceramic tile flooring in parts of all unit 3, vinyl windows throughout, forced air heating in the 2nd floor unit, updated electrical panels, a shared laundry room in the basement, a fully fenced back and front yard with a massive covered area in the backyard for parking along with a storage shed, and so much more! NO SELLER FINANCING.

Last Agent to Sell the Property

Ryan Kain

RE/MAX Leading Edge License #6501401697 Listed on: 01/27/2025

RE/MAX Leading Edge

Co-Listed By

Samuel Kain

RE/MAX Leading Edge License #6501415392

Last Buyer's Agent

Ashraf Karim

R2M Realty License #6501437033

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1924 | Remodeled in 2019

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 30.00 x 100.00
  • Back and Front Yard Fenced

Home Design

  • Triplex
  • Colonial Architecture
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 3 Full Bathrooms
  • 1,848 Sq Ft Home
  • 2-Story Property
  • Finished Basement

Parking

  • Paved Parking
  • On-Street Parking

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • 100 Amp Service
  • Natural Gas Water Heater
  • Sewer in Street
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number W20I008643S

Community Details

Overview

  • 3 Units
  • Dendels Sub Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,774

Year Built

Built in 1924 | Remodeled in 2019

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial, Triplex
  • Architecture Level: 2 Story
  • Assessment: 250.00
  • Year Built: 1924
  • State Equalized Value: 37900.0000
  • Year Renovated: 2019
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: 100 Amp Service, Cable Available, Circuit Breakers, Laundry Facility
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Finished, Interior Entry
  • Sq Ft Combined: 2904
  • Sq Ft Lower Floor: 1056
  • Total Sq Ft: 1848
  • Sq Ft Total Bsmt: 1056

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Lighting, Fenced
  • Foundation Materials: Block
  • Frontage Feet: 30
  • Porch Type: Porch - Covered, Porch, Covered
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Fencing: Back Yard, Fenced, Fence Allowed, Front Yard

Garage/Parking

  • MF Parking: Carport, On Street, Paved, Unassigned

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air, Radiant, Steam
  • Sewer: Public Sewer (Sewer-Sanitary), Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal), Water at Street
  • Laundry Facilities: Yes

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.07
  • Lot Dimensions: 30.00 x 100.00
  • Parcel Number: W20I008643S
  • Zone Conform: Yes
  • Zoning: Residential

Rental Info

  • Rent Includes: Heat, Electric, Water/Sewer, Trash Collection, Water
  • Monthly Rental Income: 2345

Tax Info

  • Tax Amount Summer: 1612.0000
  • Tax Amount Winter: 162.0000
  • Total Tax: 1774.0000
  • Taxable Value: 18082.0000

Multi Family

  • Gross Scheduled Income: 28140.00
  • Number Of Units Total: 3
  • Unit Count: 3
  • Number of One Bedroom Units: 1
  • Number of Three Bedroom Units: 1
  • Number of Two Bedroom Units: 1
  • Number Of Units Leased: 3

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2025
Closed on
Mar 17, 2025
Sold by
Allen Justin
Bought by
Ako Group Inc
Seller's Agent
Ryan Kain
RE/MAX Leading Edge
Buyer's Agent
Ashraf Karim
R2M Realty
List Price
$179,900
Sold Price
$168,000
Premium/Discount to List
-$11,900
-6.61%
Views
115
Current Estimated Value
$173,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,912
Avg. Annual Appreciation
6.49%

Purchase Details

Listed on
Jan 21, 2020
Closed on
May 15, 2020
Sold by
Gonzales Maria Felix
Bought by
Allen Justin
Seller's Agent
Sherri Saad
RE/MAX Leading Edge
Buyer's Agent
Ryan Kain
RE/MAX Leading Edge
List Price
$129,000
Sold Price
$115,000
Premium/Discount to List
-$14,000
-10.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.13%

Purchase Details

Closed on
Feb 26, 2016
Sold by
Galvan Francisco
Bought by
Gonzales Maria Felix
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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 $168,000 None Listed On Document
Warranty Deed $115,000 None Available
Warranty Deed -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2025 03/17/25 Sold $168,000 -6.6% $91 / Sq Ft
02/21/2025 02/21/25 Pending -- -- --
01/27/2025 01/27/25 For Sale $179,900 0.0% $97 / Sq Ft
03/30/2021 03/30/21 Rented $750 0.0% --
03/29/2021 03/29/21 Under Contract -- -- --
03/02/2021 03/02/21 For Rent $750 0.0% --
05/11/2020 05/11/20 Sold $115,000 -10.9% $62 / Sq Ft
03/08/2020 03/08/20 Pending -- -- --
01/21/2020 01/21/20 For Sale $129,000 -- $70 / 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
2025 $1,612 $44,900 $0 $0
2024 $1,612 $37,900 $0 $0
2023 $1,269 $29,800 $0 $0
2022 $1,391 $24,000 $0 $0
2021 $1,356 $21,800 $0 $0
2020 $1,341 $21,500 $0 $0
2019 $1,321 $17,500 $0 $0
2018 $1,123 $15,300 $0 $0
2017 $279 $14,700 $0 $0
2016 $1,576 $18,800 $0 $0
2015 $1,385 $18,800 $0 $0
2013 $1,342 $20,870 $0 $0
2010 -- $29,902 $488 $29,414
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20250005194

Realcomp

APN: 20-008643