2 months on rocket

11040 Portlance St, Detroit, MI, 48205

$98,000

Home List Price

$1,164*

Closing Credit

2 Full Baths
1,506 SqFt
$65/SqFt
Multi

Location

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11040 Portlance St, Detroit$98,000

Buyer Closing Credits

$1,164*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingTwoCarGarage
Garage2 spaces
Year Built1956
HeatingForced Air, Natural Gas
BasementYes
MLS #20240076485
Lot Size0.12 Acres
StatusActive

About 11040 Portlance St

Investment opportunity on Detroit's East Side. Brick duplex near City airport. Upper / Lower with 2 br units. Cleaned out and ready for new owner's finishing touches. Kitchens and baths updated. Full basement and 2 car garage. Light rehab needed. Cash or DSCR buyers only.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1956
  • Living Area: 1,506 SqFt

Listing Office:

  • Office Name: Clyde Realty LLC
  • Office Phone: (313) 974-1830
  • Listing Agent: Benjamin Ness, Alex Lauer

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: TwoCarGarage

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: From Conner...E on Portlance

Price Information

Listing Price Info

Price Summary:

  • List Price: $98,000
  • Price Per SqFt: $65/SqFt

Tax Information:

  • Annual Amount: $1,909
  • 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

11040 Portlance St vs Detroit

73 DAYS ON ROCKET

+24 Days

$98,000

+$12.9K More

$65/SqFt

-$3 Less

KEY TAKEAWAY

This property is $12.9K more than the Median Sold Price and $3/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: #20240076485

Listing Office:

  • Office Name: Clyde Realty LLC
  • Office Phone: (313) 974-1830
  • Listing Agent: Benjamin Ness, Alex Lauer

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: 12/22/2024, 3:21:03 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 10, 2021Home Sold
$91,000
Oct 27, 2017Home Sold
$43,500
Sep 27, 2017Home Sold
$17,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,909$15,600
2020$1,243$15,200
2018$1,243$11,600
2017$1,284$11,900

History based on county public records data.

Payment Calculator

$557

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$360

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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-861983
3
/10

  • Bridge Academy East

  • 9600 Buffalo St

  • 2.20 miles

  • Public Charter Grades PK-5

school-card-donut-861984
2
/10

  • Oakland International Academy Elementary School

  • 4001 Miller St

  • 2.40 miles

  • Public Charter Grades 2-4

school-card-donut-861985
3
/10

  • Dickinson East Elementary School

  • 3385 Norwalk St

  • 2.51 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,500. Most Detroit, MI residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48205›11040 Portlance St

This home is located at 11040 Portlance St in Detroit, MI and zip code 48205 in the Upper East neighborhood. This 1,506 square foot home, which was built in 1956, sits on a 0.12 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since October 09, 2024 and is currently priced at $98,000.

Detroit, MI housing market in November 2024 saw over 94 listings sold above listed price, more than 55 sold at listed price and over 247 sold below. The inventory of homes for sale in Detroit, MI between October 2024 and November 2024 increased by 2%. In November 2024 median list price was $85,016 and the average listing age was 49 days.

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

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