Welcome to this promising Detroit investment opportunity! This property offers the versatility to function as either a duplex or a single-family home, making it an attractive option for investors seeking flexibility in their portfolio. Located on Detroits east side, this property boasts many features. While it requires some TLC, this presents a prime opportunity for investors to add value and customize the space to meet their specific needs and preferences.Whether you're looking to revitalize it into a multi-family income property or transform it into a charming single-family residence, the potential for growth and profitability is evident.
Last Agent to Sell the Property
DOBI Real Estate License #6501380912 Listed on: 06/04/2024
$119,900
Lovely brick Tudor multifamily home in Detroit featuring timeless curb appeal and great potential for homeowners or investors alike! This classic property offers two spacious units, each with two bedrooms and a full bath, perfect for versatile living or rental opportunities. The first-floor unit welcomes you with dark hardwood floors, beautiful wood trim, and elegant coved ceilings, plus a cozy
Jim Shaffer Good Company
$125,000
Excellent investment opportunity! This fully leased, income-producing multi-family brick home features two spacious units, each offering 2 bedrooms and 1 bathroom. Updated and remodeled in 2023, the property boasts a brand-new roof, updated mechanicals, and a well-designed layout. Enjoy additional space with two side lots, a large driveway, and a generously sized yard—perfect for outdoor
Jennifer Aparicio EXP Realty Main
$105,500
This is a lovely duplex only a block or 2 away from the water! Seller will entertain ALL reasonable offers. It features separate utilities, attractive vinyl siding, and several new windows. The neighborhood includes many newer homes located near the water, presenting an excellent opportunity for an investor looking to generate income right away. Please!! make offers contingent upon view in the
Penny Tarwacki Real Estate One Southgate
$120,000
This well-maintained 2-unit residential property presents an excellent opportunity for first-time homebuyers looking to offset costs with rental income or investors seeking a reliable return. Live in one unit while renting the other to help cover your mortgage, or generate full rental income by leasing both units.
Anthony Djon Anthony Djon Luxury Real Estate
$150,000
Updated two unit beauty with three bedroom/one bath in each unit. Located near the Livernois corridor. House hack this one or rent both in an area seeing amazing growth. New windows. Well maintained and updated. Hardwood floors. Half bath in the basement. Storage in the basement. Upper unit at $1000 month to month. Tenant has paid on time for 14 years of tenancy. Rents $1200-1400 in the immediate
Nancy Rademacher KW Professionals Brighton
$99,899
SELLER FINANCING / LAND CONTRACT TERMS AVAILABLE AT 115,000 PURCHASE PRICE, 30,000 DOWN PAYMENT, 8% INTEREST, 96 MONTH TERM. 1031 / MONTH. Seller financing available—terms negotiable!A diamond in the rough with key upgrades already done: brand new roof and newly built back steps/upper balcony. This 2-family property is the perfect foundation for your next flip, rental, or house-hack strategy.
Derek Lievens Market Elite Inc
$99,900
Endless potential awaits at 15859 Cloverlawn in Detroit! This solid brick multifamily duplex is a perfect opportunity for investors or handy owner-occupants looking to create value. Whether you're house hacking or building your rental portfolio, each unit offers generous space and a blank slate ready for your personal touch.Situated on Detroit’s west side, this property is conveniently
Derek Lievens Market Elite Inc
$126,000
BRICK DUPLEX Investment Opportunity! Both units feature modern finishes, offering 2 bedrooms, 1 bathroom, a spacious kitchen, and a cozy living room. The lower unit boasts a natural burning fireplace, perfect for chilly evenings. The upper unit includes a private, enclosed, gated balcony off the living room, ideal for relaxing outdoors. Enjoy the large, fenced-in backyard, providing plenty of
Albert Hakim RE/MAX First
$131,000
Newly Renovated Brick Multi-Family in Detroit – Turnkey Investment! Introducing 2-story brick multi-family home in the heart of Detroit, perfect for investors or owner-occupants looking to offset their mortgage! Each unit features 2 spacious bedrooms and 1 modern bathroom, thoughtfully updated with stylish finishes and functional layouts. Whether you're looking to generate steady rental income or
Albert Hakim RE/MAX First
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $125,000 | Twenty Two Title |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $125,000 | Credit Line Revolving |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/30/2024 12/30/24 | Sold | $264,000 | 0.0% | $105 / Sq Ft |
| 12/13/2024 12/13/24 | Pending | -- | -- | -- |
| 11/15/2024 11/15/24 | For Sale | $264,000 | +111.2% | $105 / Sq Ft |
| 06/27/2024 06/27/24 | Sold | $125,000 | -10.1% | $50 / Sq Ft |
| 06/04/2024 06/04/24 | For Sale | $139,000 | -- | $56 / 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 | $1,871 | $116,400 | $0 | $0 |
| 2023 | $2,062 | $92,600 | $0 | $0 |
| 2022 | $2,231 | $70,600 | $0 | $0 |
| 2021 | $2,170 | $43,400 | $0 | $0 |
| 2020 | $2,159 | $41,600 | $0 | $0 |
| 2019 | $2,125 | $31,600 | $0 | $0 |
| 2018 | $1,830 | $24,000 | $0 | $0 |
| 2017 | $408 | $21,500 | $0 | $0 |
| 2016 | $2,161 | $24,000 | $0 | $0 |
| 2015 | $2,400 | $24,000 | $0 | $0 |
| 2013 | $3,331 | $33,310 | $0 | $0 |
| 2010 | -- | $46,233 | $1,604 | $44,629 |
Seller's Agent in 2024
Saverio Montalto
DOBI Real Estate
(586) 615-5211
2 in this area
106 Total Sales
J
Buyer's Agent in 2024
Justin Schickler
NextHome Aegis Properties
Source: Realcomp
MLS Number: 20240038545
APN: 21-074030
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393