$154,000
$1K PRICE DROP

Estimated payment $1,080/month

Total Views 3,664
3 Beds
2 Baths
1,764 Sq Ft
$87 Price per Sq Ft

Highlights

  • Bungalow
  • Forced Air Heating System
  • Garage
  • Cass Technical High School Rated 10

About This Home

National Real Estate Management Group is excited to announce your next investment opportunity: a well-maintained, four-bedroom, two-bathroom duplex in turnkey condition. This multi-family home is perfectly positioned near a local elementary school, making it especially attractive to long-term tenants.
Currently rented through Section 8, this property yields a strong 1.6% monthly return and an impressive 19% annual ROI—making it an ideal choice for both new and seasoned investors.
Don’t miss this excellent opportunity to expand your property portfolio with a reliable, income-generating asset in a high-demand rental area.

At National Real Estate Management Group, our listings come with built-in property management for seamless, turnkey investments. Our full-service approach covers everything from construction completion to tenant placement and ongoing management. Services include comprehensive property management, tenant screening, financial reporting, legal compliance, and streamlined communication. Choose National Real Estate Management Group for a worry-free investment experience.

Listing Agent

Connaé Pisani

NREMG Realty License #6502425134 Listed on: 07/02/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1926

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 35x109

Parking

  • Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 1,764 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 16024421

Community Details

Overview

  • 2 Units
  • Frischkorns Tireman Park Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,897

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Bungalow
  • Architecture Level: 2 Story
  • Year Built: 1926
  • State Equalized Value: 22500.0000
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 2268
  • Sq Ft Lower Floor: 504
  • Total Sq Ft: 1764
  • Sq Ft Total Bsmt: 1008

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Garage

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.09
  • Lot Dimensions: 35X109
  • Parcel Number: 16024421
  • Zoning: Residential

Rental Info

  • Monthly Rental Income: 2500

Tax Info

  • Tax Amount Summer: 1314.0000
  • Tax Amount Winter: 1583.0000
  • Total Tax: 2897.0000
  • Taxable Value: 14121.0000

Multi Family

  • Gross Scheduled Income: 30000.00
  • Number Of Units Total: 2
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 1
  • Number Of Units Leased: 1

MLS Schools

  • School District: Detroit

Map

Range of Values:

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Average Value
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Sold Price
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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
2025 $1,314 $25,900 $0 $0
2024 $1,314 $22,500 $0 $0
2023 $1,275 $18,300 $0 $0
2022 $1,360 $15,200 $0 $0
2021 $1,323 $12,400 $0 $0
2020 $1,258 $11,500 $0 $0
2019 $1,364 $12,700 $0 $0
2018 $600 $12,600 $0 $0
2017 $82 $13,300 $0 $0
2016 $644 $87,400 $0 $0
2015 $450 $4,500 $0 $0
2013 $632 $6,318 $0 $0
2010 -- $9,052 $555 $8,497
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2025 07/30/25 Price Changed $154,000 -0.6% $87 / Sq Ft
07/02/2025 07/02/25 For Sale $155,000 +63.2% $88 / Sq Ft
06/14/2024 06/14/24 Sold $95,000 0.0% $54 / Sq Ft
05/22/2024 05/22/24 Pending -- -- --
05/07/2024 05/07/24 For Sale $95,000 -- $54 / Sq Ft
Source: Realcomp

Purchase History

Date Type Sale Price Title Company
Warranty Deed $95,000 Regions Title
Warranty Deed $100,000 Speedy T&E Services Llc
Warranty Deed $30,000 Speedy T&E Svcs Llc
Warranty Deed $15,000 First American Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $76,000 New Conventional
Source: Public Records

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Source: Realcomp

MLS Number: 20251008113

Realcomp

APN: 16-024421