Seller's Agent in 2025
Hassan Shukr
Own It Realty
(313) 995-8156
21 in this area
103 Total Sales
68 E James St River Rouge, MI 48218
7
Beds
4
Baths
3,160
Sq Ft
3,920
Sq Ft Lot
Highlights
- Covered Patio or Porch
- Ceiling Fan
- Laundry Facilities
- Forced Air Heating System
- Private Entrance
- 5-minute walk to John Jakubowski Park
About This Home
As of July 2025Turnkey Multi-Unit Investment Opportunity in River Rouge! With fantastic income-generating potential features four fully updated units across two separate structures. The main house offers two spacious 2-bed, 1-bath units, updated kitchens and bathrooms, brand new appliances, and brand new electrical fixtures with new 100 amp electrical service. Both units also boast brand new vinyl windows, new flooring, carpet, and fresh paint throughout. Additional updates include two brand new hot water tanks, two new furnaces, new water supply lines, and glass block windows. The front lower unit features a formal dining room and an enclosed porch, perfect for enjoying the neighborhood, with each unit having a separate entrance for added privacy and convenience. The rear building consists of one 1-bed, 1-bath unit and one 2-bed, 1-bath unit, both featuring updated kitchens and bathrooms, fresh paint, new carpet, and flooring. These units are equipped with high-efficiency Pioneer mini-splits units and offer large, open living spaces that provide excellent rental potential. All units are individually metered for utilities, ensuring ease of management. Located in a desirable, quiet neighborhood, this property sits on a corner lot with ample outdoor space. Minutes from the Gordie Howe Bridge & Downtown Detroit. With easy access to local amenities, schools, parks, major highways, this well-maintained property is ideal for both new and seasoned investors. Certificate of Occupancy at closing. Schedule a showing today!
Last Agent to Sell the Property
Own It Realty License #6501378246 Listed on: 10/10/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
Year Built
- Built in 1915 | Remodeled in 2024
Lot Details
- 3,920 Sq Ft Lot
- Lot Dimensions are 38.00 x 100.00
- Private Entrance
- Fenced
Parking
- On-Street Parking
Home Design
- Duplex
- Brick Exterior Construction
- Block Foundation
- Poured Concrete
- Asphalt Roof
Interior Spaces
- 4 Full Bathrooms
- 3,160 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Unfinished Basement
Outdoor Features
- Covered Patio or Porch
- Exterior Lighting
- Breezeway
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Uses Natural Gas
- Separate Meters
- Natural Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 50006990021000
Community Details
Overview
- 4 Units
- Le Blanc And Labadie's Sub Subdivision
Amenities
- Laundry Facilities
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 10, 2024
Closed on
Jul 18, 2025
Sold by
Michigan Rouge Holdings Llc
Bought by
Martelli Major
Seller's Agent
Hassan Shukr
Own It Realty
Buyer's Agent
Boyd Rudy
KW Professionals
List Price
$299,900
Sold Price
$242,000
Premium/Discount to List
-$57,900
-19.31%
Views
169
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,496
Avg. Annual Appreciation
3.10%
Original Mortgage
$179,250
Outstanding Balance
$178,946
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$66,550
Purchase Details
Closed on
Nov 9, 2023
Sold by
Mars Investment Detroit Llc
Bought by
Michigan Rouge Holdings Llc
Purchase Details
Closed on
Feb 25, 2019
Sold by
International Detroit Investments Llc
Bought by
Mars Investment Detroit Llc
Purchase Details
Closed on
Jun 3, 2016
Sold by
Greater Detroit Holdings Llc
Bought by
International Detroit Investments
Purchase Details
Closed on
Dec 11, 2015
Sold by
Dunn Patricia and Dunn Norman
Bought by
Greater Detroit Holdings Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $242,000 | Minnesota Title Agency | |
| Warranty Deed | $242,000 | Minnesota Title Agency | |
| Warranty Deed | $50,000 | Minnesota Title | |
| Warranty Deed | $39,000 | Liberty Title | |
| Warranty Deed | -- | First American Title | |
| Warranty Deed | -- | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $179,250 | New Conventional | |
| Closed | $179,250 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/18/2025 07/18/25 | Sold | $242,000 | -12.0% | $77 / Sq Ft |
| 05/26/2025 05/26/25 | Pending | -- | -- | -- |
| 05/21/2025 05/21/25 | Price Changed | $274,900 | -8.3% | $87 / Sq Ft |
| 04/26/2025 04/26/25 | For Sale | $299,900 | 0.0% | $95 / Sq Ft |
| 03/19/2025 03/19/25 | Pending | -- | -- | -- |
| 12/18/2024 12/18/24 | Price Changed | $299,900 | -14.3% | $95 / Sq Ft |
| 10/10/2024 10/10/24 | For Sale | $349,900 | -- | $111 / Sq Ft |
Source: Realcomp
Tax History Compared to Growth
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 | $5,040 | $83,700 | $0 | $0 |
| 2024 | $4,891 | $71,200 | $0 | $0 |
| 2023 | $2,282 | $55,700 | $0 | $0 |
| 2022 | $3,283 | $42,500 | $0 | $0 |
| 2021 | $4,038 | $35,900 | $0 | $0 |
| 2020 | $3,835 | $30,200 | $0 | $0 |
| 2019 | $1,648 | $27,000 | $0 | $0 |
| 2018 | $2,760 | $22,600 | $0 | $0 |
| 2017 | $1,469 | $23,000 | $0 | $0 |
| 2016 | $2,411 | $23,600 | $0 | $0 |
| 2015 | $2,980 | $29,800 | $0 | $0 |
| 2013 | $3,462 | $48,700 | $0 | $0 |
| 2012 | $3,094 | $47,200 | $3,500 | $43,700 |
Source: Public Records
Agents Affiliated with this Home
-
Hassan Shukr
-
Hadi Baydoun
Seller Co-Listing Agent in 2025
Hadi Baydoun
Own It Realty
(313) 395-0000
2 in this area
12 Total Sales
-
Boyd Rudy
Buyer's Agent in 2025
Boyd Rudy
KW Professionals
(248) 388-1680
2 in this area
236 Total Sales
Map
Source: Realcomp
MLS Number: 20240075911
APN: 50-006-99-0021-000
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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