Detroit MI Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
1,704
Status:
Active
Beds:
n/a
Lot size:
0.11 Acres
Year built:
1929
Baths:
3.00
MLS#:
60304953
Subdivision:
MORANGS THREE MILE DR ANNEX SUB (PLATS)

ADDITIONAL INFORMATION

OPPORTUNITY! MULTIFAMILY HOME LOOKING FOR A NEW OWNER!! LIVE IN THE LOWER UNIT AND COLLECT $890/MONTH IN RENT FROM THE UPPER!! OR RENT OUT THE LOWER UNIT AND HAVE A SOLID ASSET BRINGING IN A PHENOMENAL RETURN ON YOUR INVESTMENT! UPPER UNIT IS RENTED FOR $890 PER MONTH. LOWER UNIT IS CURRENTLY VACANT. LOWER UNIT COULD EASILY RENT FOR $1000 A MONTH. INQUIRE TODAY!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.11 Acres
Year built:
1925
Baths:
MLS#:
70390562

ADDITIONAL INFORMATION

Calling all Investors! This duplex, located on Detroit's vibrant East Side, is ready for a full rehab. Each unit features 2 bedrooms and 1 bath, offering the potential for attractive rental income. With some TLC and creativity, this property can be transformed into a lucrative investment. Don't miss out on the chance to revitalize this property. Contact us today for more details and to schedule a viewing!BATVAI

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Andrea D. Conner, License 6502432340, Xome Inc., License 6505376883, [email protected], 844-400-XOME (9663), 71 Walnut, Suite 206, Rochester, MI 48307


Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.



Detroit Real Estate

The median home value in Detroit, MI is $71,600. This is lower than the county median home value of $150,200. The national median home value is $338,100. The average price of homes sold in Detroit, MI is $71,600. Approximately 36.89% of Detroit homes are owned, compared to 39.44% rented, while 23.66% are vacant. Detroit real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Detroit real estate agent to arrange a tour today!

Detroit, Michigan 48224 has a population of 645,658. Detroit 48224 is less family-centric than the surrounding county with 16.17% of the households containing married families with children. The county average for households married with children is 25.56%.

The median household income in Detroit, Michigan 48224 is $34,762. The median household income for the surrounding county is $52,830 compared to the national median of $69,021. The median age of people living in Detroit 48224 is 35 years.

Detroit Weather

The average high temperature in July is 83.5 degrees, with an average low temperature in January of 18.5 degrees. The average rainfall is approximately 33.5 inches per year, with 33 inches of snow per year.

Detroit Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    356
    30-day change

Detroit Schools and Demographics

Education near Detroit, MI

Metric City County
High School Graduates 82.61 87.61
College Degree - 2 year 7.43 8.59
College Degree - 4 year 16.23 25.82
Graduate Degree 5.15 7.79
Expenditures per Student 13,771 13,771
Students per Teacher 17.7 17.7

Elementary Schools near Detroit, MI

School Grades Students P/T Ratio ZIP
Beacon Elementary School PK - 03 400 20 48225
Brown Ronald Academy PK - 06 600 13.9 48224
Carleton Elementary School PK - 05 283 14.9 48224
Chandler Park Academy - Elementary PK - 05 992 22 48225
Charles A. Poupard Elementary School KG - 05 326 15.4 48225
Clark J.E. Preparatory Academy PK - 08 665 18.5 48224
George Defer Elementary School KG - 05 306 14.6 48230
Lewis Maire Elementary School KG - 05 302 15.1 48230
Marvin L. Winans Academy of Performing Arts Elementary KG - 05 481 22.9 48224
Starr Detroit Academy KG - 07 823 20.1 48225
Wayne Elementary School PK - 05 280 15.6 48224

Middle Schools near Detroit, MI

School Grades Students P/T Ratio ZIP
Chandler Park Academy - Middle School 06 - 08 655 22.6 48225
Harper Woods Middle School 07 - 08 201 17.7 48225
Heart Academy KG - 12 166 19.3 48225
Pierce Middle School 06 - 08 587 17.6 48230
Tyrone Elementary School 04 - 06 245 15.6 48225

High Schools near Detroit, MI

School Grades Students P/T Ratio ZIP
Chandler Park Academy - High School 09 - 12 710 21.9 48225
Denby High School 09 - 12 713 23 48224
East English Village Preparatory Academy 09 - 12 1,573 26.2 48224
Harper Woods High School 09 - 12 477 18.1 48225

Ungraded Schools near Detroit, MI

School Grades Students P/T Ratio ZIP
* Diann Banks-Williamson Educational Center 09 - 12 90 9.4 48224
* Diploma Success Community School 09 - 12 292 292 48225
* Harper Academy 07 - 12 32 32 48225
Harper Woods Virtual Academy 06 - 12 150 48225

Demographics near Detroit, MI 48224

Metric Zip Code City
Neighborhood Type Inner City
Population 645,658 1,789,781
Population Density 4,655 2,925
Median Age 35 37.8
People per Household 2.5 2.6
Median Household Income 34,762 52,830
Average Income per Capita 20,780 29,953