River Rouge MI Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
n/a
Lot size:
0.1 Acres
Year built:
1919
Baths:
MLS#:
70432741

ADDITIONAL INFORMATION

All 4 units have New Water heaters, furnaces, New Roof, newer windows, Separate gas meters, electric meters, lighting, electrical. First unit on entry level is a 3 bedroom 1500 sq ft. 2nd and 3rd units are on 2nd floor each one bedroom with living room, kitchen, bathroom. 4 unit on the third level also 1 bedroom complete with kitchen, bathroom, and living room. Water pipes were all replaced to pex piping, all is working and on. Move your tenants right it with utmost confidence. All the hard work was completed. Seller upon completing the work was relocated at his job so he will not enjoy the fruits of this income generator. BATVAI .All measurements are approximate.

Type:
Multi-Family
Sq.Ft.:
2,708
Status:
NEW LISTING
Beds:
n/a
Lot size:
0.07 Acres
Year built:
1922
Baths:
3.00
MLS#:
60341175
Subdivision:
RAUPPS AND OULMANN RESUB

ADDITIONAL INFORMATION

Check out this fantastic investment opportunity in River Rouge! This fully rented triplex is a cash-flowing gem, ideal for investors looking to expand their portfolio. With two spacious two-bedroom units and one cozy one-bedroom unit, each with private entrances and separate utilities (except water), this property is designed for ease of management. Tenants are responsible for water costs in addition to rent, and all units feature private basements and decks, offering desirable living spaces. Convenient on-street parking adds to the appeal. Don't miss your chance to own this income-generating property!

Type:
Multi-Family
Sq.Ft.:
1,540
Status:
Active
Beds:
n/a
Lot size:
0.07 Acres
Year built:
1914
Baths:
2.00
MLS#:
60337706
Subdivision:
BURKE AND RIOPELLES GRAND CENTRAL SUB

ADDITIONAL INFORMATION

An investor's or handy homeowner's dream. Brand new sewer and plumbing, new furnace, just needs cosmetic work. Can be a single home or a duplex. Many building supplies are included in the sale such as toilets, carpet, ceiling fans, cabinets, light fixtures, trim and more so you can get to work immediately. Schedule your showing and start building equity today.

Type:
Multi-Family
Sq.Ft.:
1,650
Status:
Active
Beds:
n/a
Lot size:
0.08 Acres
Year built:
1921
Baths:
2.00
MLS#:
60335366
Subdivision:
2ND ADDITION TO FURGASONS SUB BLOCK 4

ADDITIONAL INFORMATION

Picturesque, rental certified, income producing gem available here! Currently one long term tenant in place for $1100/mo and one unit vacant- perfect for househackers or investors wanting to also place their own tenant. Home has been rental certified for many years, has been updated with flooring, kitchens and bath, all appliances included, two car separate garage, and walking distance to schools, making this the perfect investment. Take advantage of rates coming down, and this very low entry price in today's market of multifamily opportunities. Owner does pay for gas and water- which price reflects this, still providing way over 10% return on your money. As is sale, Broker owned.

Type:
Multi-Family
Sq.Ft.:
2,150
Status:
Active
Beds:
n/a
Lot size:
0.07 Acres
Year built:
1913
Baths:
2.00
MLS#:
60334403
Subdivision:
2ND ADDITION TO FURGASONS SUB BLOCK 6

ADDITIONAL INFORMATION

Welcome Home! Discover this solid brick, 2,150 sq. ft., 2-story multifamily gem in River Rouge. Perfect for cash flow or house hackingââ?¬â??live in one unit and rent out the other! Each spacious 2-bed, 1-bath unit offers over 1,000 sq. ft. of living space, featuring a large living room, formal dining room, and beautifully crafted wainscoting, wood planking, and refinished hardwood floors. Freshly painted throughout, both units boast updated kitchens and bathrooms, along with brand-new electrical and plumbing fixtures. Additional upgrades include two new water heaters and two new furnaces. Individually metered gas and electric. Enjoy the shared full basement with laundry hook-up, and a large covered lower and upper-level front porch with a deck-like ambiance and separate front entrances. Detached two-car garage. Conveniently located near schools, parks, shopping, and 5 Miles to Downtown Detroit. Certificate of Occupancy provided at closing. Donââ?¬â?¢t miss this fantastic opportunityââ?¬â??schedule your showing today!

Type:
Multi-Family
Sq.Ft.:
1,418
Status:
Active
Beds:
n/a
Lot size:
0.07 Acres
Year built:
1910
Baths:
2.00
MLS#:
60329028
Subdivision:
BROWNLEES SUB

ADDITIONAL INFORMATION

Completely renovated INVESTMENT OPPORTUNITY: Sturdy and practical upper/lower DUPLEX in DOWNTOWN RIVER ROUGE with tenants in place. The lower unit features 3 bedrooms, and 1 bath plus laundry hookups. The upper unit features 1 bedroom, and 1 bath with laundry hookup. Each unit has private access. Secure location proximate to police, fire and City Hall. Excellent earning potential. SECTION 8 READY. Seller to provide full City C of O. Full proforma available to qualified buyers. Listed financials are approximations based on current full occupancy. BATVAI

Type:
Multi-Family
Sq.Ft.:
1,920
Status:
Active
Beds:
n/a
Lot size:
0.04 Acres
Year built:
1920
Baths:
2.00
MLS#:
60320192
Subdivision:
FURGASONS 3RD ADDN

ADDITIONAL INFORMATION

Completely renovated INVESTMENT OPPORTUNITY: Sturdy and practical ALL BRICK side-by-side DUPLEX in DOWNTOWN RIVER ROUGE. Both units feature 2 large bedrooms, 1 bath plus a private BASEMENT with laundry hookups. Each unit has front and rear private access. Secure location proximate to police, fire and City Hall. Excellent earning potential. SECTION 8 READY. Seller to provide full City C of O. Full proforma available to qualified buyers. Listed financials are approximations based on full occupancy. BATVAI

Type:
Multi-Family
Sq.Ft.:
2,744
Status:
Active
Beds:
n/a
Lot size:
0.09 Acres
Year built:
1920
Baths:
7.00
MLS#:
60302318
Subdivision:
FURGASONS SUB

ADDITIONAL INFORMATION

Attention Investors! This prime 7-unit multifamily property is now on the market! The complex features one 2-bed, 1-bath unit and six 1-bed, 1-bath units. Recently remodeled and improved, six units are currently occupied by long-term tenants, while one unit is vacant and ready for rent. Unit 1 will be vacant at the end of September. The current gross monthly rent stands at 4,250, with the potential to increase to 5,000 by renting out the vacant unit for 750. This property offers substantial cash flow potential. For inquiries, please call today!

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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.



River Rouge Real Estate

The median home value in River Rouge, MI is $92,000. This is higher than the county median home value of $80,100. The national median home value is $219,700. The average price of homes sold in River Rouge, MI is $92,000. Approximately 42.11% of River Rouge homes are owned, compared to 32.23% rented, while 25.67% are vacant. River Rouge 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 River Rouge real estate agent to arrange a tour today!

River Rouge, Michigan has a population of 7,559. River Rouge is less family-centric than the surrounding county with 16.6% of the households containing married families with children. The county average for households married with children is 25.33%.

The median household income in River Rouge, Michigan is $29,671. The median household income for the surrounding county is $43,702 compared to the national median of $57,652. The median age of people living in River Rouge is 34.9 years.

River Rouge Weather

The average high temperature in July is 84.2 degrees, with an average low temperature in January of 18.3 degrees. The average rainfall is approximately 33.5 inches per year, with 31.4 inches of snow per year.

River Rouge Real Estate Market Conditions

  • Median sales price

    $92,000
    21.91% change since last quarter
  • # Active listings

    38
    30-day change

River Rouge Schools and Demographics

Education near River Rouge, MI

Metric City County
High School Graduates 74.72 85.59
College Degree - 2 year 5.33 8.2
College Degree - 4 year 10.29 22.82
Graduate Degree 1.42 6.87
Expenditures per Student 13,481 12,252
Students per Teacher 21.4 19.8

Elementary Schools near River Rouge, MI

School Grades Students P/T Ratio ZIP
Allendale Elementary School 02 - 05 844 20.5 48122
Ann Visger K-5 Preparatory Academy PK - 05 614 24.9 48218
Bennett Elementary School PK - 05 452 19.6 48209
Cesar Chavez Academy Elementary KG - 02 431 17.3 48209
Clemente Roberto Academy PK - 05 697 18.4 48209
Earhart Elementary-Middle School PK - 08 722 22.6 48209
Harms Elementary School PK - 05 418 17.4 48209
Mark Twain Elementary-Middle School PK - 08 253 16.9 48217
Maybury Elementary School PK - 05 357 19.8 48209
Neinas Elementary School PK - 05 249 13.1 48209
Ralph J. Bunche Academy PK - 03 277 18.5 48229

Middle Schools near River Rouge, MI

School Grades Students P/T Ratio ZIP
Cesar Chavez Middle School 06 - 08 597 16.8 48209
Clippert Academy 05 - 08 500 25 48209
Dr. Charles Drew Academy KG - 08 346 15.4 48229
Grandport Elementary Academy 04 - 08 367 28.2 48229
Julian O. Strong Middle School 06 - 08 724 21.2 48122

High Schools near River Rouge, MI

School Grades Students P/T Ratio ZIP
Academy for Business and Technology High School 06 - 12 338 20.8 48122
Cesar Chavez High School 09 - 12 710 18.6 48209
Ecorse Community High School 08 - 12 343 24.5 48229
Melvindale High School 09 - 12 834 21.7 48122
River Rouge High School 09 - 12 594 23.4 48218
Western International High School 09 - 12 1,603 27.6 48209

Ungraded Schools near River Rouge, MI

School Grades Students P/T Ratio ZIP
* W-A-Y Academy - Vernor Site 09 - 12 282 20.1 48209
Downriver Virtual Academy 06 - 12 42 48229
New Paradigm College Prep. PK - 12 52 8.7 48217
Phoenix Elementary-Middle School PK - 09 261 15.8 48209
River Rouge Stem Academy At DUNN UG - UG 0 48218

Demographics near River Rouge, MI

Metric City County
Neighborhood Type City Neighborhood
Population 7,559 1,763,822
Population Density 2,848 2,882
Median Age 34.9 37.9
People per Household 2.7 2.6
Median Household Income 29,671 43,702
Average Income per Capita 15,205 24,847