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10609 Stratman St, Detroit, MI, 48224

$64,900

Home List Price

$771*

Closing Credit

3 Bedrooms
1 Full Bath
979 SqFt
$66/SqFt
House

Location

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10609 Stratman St, Detroit$64,900

Buyer Closing Credits

$771*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNoGarage
Year Built1942
HeatingForced Air, Natural Gas
BasementYes
FireplaceLivingRoom, WoodBurning
MLS #20240092117
Lot Size0.09 Acres
StatusActive

About 10609 Stratman St

This 3 bedroom, 1 bathroom brick bungalow is located in the Denby neighborhood and could make an excellent rental property with Section 8 rents as high as $1,300/month OR could be your next fix-n-flip project with ARVs in the 110-125K range! The property features hardwood flooring throughout most of the 1st floor, forced air heating, some vinyl windows, PEX plumbing, an updated 100 amp electrical panel, and a 3D architectural shingle roof! The property does require some cosmetic updates, but the kitchen and bathroom could be repurposed relatively cheaply and easily if you go the rental route! Perfect for a BRRRR strategy! CASH OR HARD MOENY ONLY, NO SELLER FINANCING

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1942
  • Living Area: 979 SqFt

Listing Office:

  • Office Name: RE/MAX Leading Edge
  • Office Phone: (734) 404-8800
  • Listing Agent: Ryan E Kain, Samuel Kain

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: LivingRoom, WoodBurning

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: NoGarage

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: From Whittier Ave turn South on Stratman

Price Information

Listing Price Info

Price Summary:

  • List Price: $64,900
  • Price Per SqFt: $66/SqFt

Tax Information:

  • Annual Amount: $515
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Detroit, MI.

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Detroit, MI

City

Med. Sold Price

$85K

Med. Price/SqFt

$67

Avg. Days On Market

49

# of Sold Homes

396

10609 Stratman St vs Detroit

2 DAYS ON ROCKET

-47 Days

$64,900

-$20.1K Less

$66/SqFt

-$2 Less

KEY TAKEAWAY

This property is $20.1K less than the Median Sold Price and $2/SqFt less than other homes in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240092117

Listing Office:

  • Office Name: RE/MAX Leading Edge
  • Office Phone: (734) 404-8800
  • Listing Agent: Ryan E Kain, Samuel Kain

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 5:21:01 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$515$10,300
2020$849$9,800
2018$849$7,400
2017$845$6,900

History based on county public records data.

Payment Calculator

$391

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$261

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4404374
1
/10

  • Wayne Elementary School

  • 10633 Courville St

  • 0.16 miles

  • Public District Grades PK-5

school-card-donut-4404375
1
/10

  • Marvin L Winans Academy Elementary School

  • 9740 McKinney St

  • 0.60 miles

  • Public Charter Grades KG-5

school-card-donut-4404376
1
/10

  • Carleton Elementary School

  • 11724 Casino St

  • 1.11 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,294. Typical income of Detroit, MI residents is less than $35k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 10609 Stratman St

What is the listing price of this property?

The listing price of 10609 Stratman St property is $64,900.

What type of property is this?

The property 10609 Stratman St is a house located in Detroit, Michigan, 48224.

Is this property for sale now?

Active Listing: 10609 Stratman St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $515 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 10609 Stratman St has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 10609 Stratman St is 979 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 10609 Stratman St is 1942.

Rocket Homes›Michigan›Wayne County›Detroit›48224›10609 Stratman St

This home is located at 10609 Stratman St in Detroit, MI and zip code 48224 in the Denby neighborhood. This 979 square foot home, which was built in 1942, sits on a 0.09 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 15, 2024 and is currently priced at $64,900.

In November 2024 more than 94 listings in Detroit, MI were sold above the asking price. During the same period more than 55 listings were sold at asking price, while more than 247 were sold below. Between October 2024 and November 2024, Detroit, MI real estate market has seen increase in the number of listings by 2%. In November 2024, listings were on the market for 49 days. During the same period, the median list price in this real estate market was $85,016.

From Rocket Homes Real Estate and based on county public records data.

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