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Backup Offers

11240 Glenfield St, Detroit, MI, 48213

$110,000

Home List Price

$1,306*

Closing Credit

2 Full Baths
1,856 SqFt
$59/SqFt
Multi

Location

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11240 Glenfield St, Detroit$110,000

Buyer Closing Credits

$1,306*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
Year Built1948
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240061431
Lot Size0.12 Acres
StatusAccepting Backup Offers

About 11240 Glenfield St

Check out this fantastic cash flowing investment property at 11238 Glenfield. A spacious side-by-side duplex offering 1,856 sq ft, with two units each featuring 2 bedrooms, 1 full bath, and separated basements and utilities. Both units are occupied with one long term section 8 tenant and one cash tenant. This provides a strong rent ratio right out the door but offers a value add opportunity with market rents at 900 to 1000 per unit. The property was recently certified with the city of Detroit so the CoC is good until 2027! Professionally managed and ready for a new investor to add to their portfolio. Located in the Gratiot-Findlay neighborhood north of Outer Drive and west of Gratiot and near the City Airport as well as 7 minutes to downtown.

Property Details

Property Features

Property Information:

  • Architectural Style: Duplex
  • Year Built: 1948
  • Stories: 2
  • Living Area: 1,856 SqFt

Listing Office:

  • Office Name: Zest Realty LLC
  • Office Phone: (248) 270-8238
  • Listing Agent: Timothy Moore

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: North Of Outer Drive And West Of Gratiot

Price Information

Listing Price Info

Price Summary:

  • List Price: $110,000
  • Price Per SqFt: $59/SqFt

Tax Information:

  • Annual Amount: $2,011
  • 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

$73

Avg. Days On Market

45

# of Sold Homes

475

11240 Glenfield St vs Detroit

94 DAYS ON ROCKET

+49 Days

$110,000

+$25K More

$59/SqFt

-$15 Less

KEY TAKEAWAY

This property is $25K more than the Median Sold Price and $15/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: #20240061431

Listing Office:

  • Office Name: Zest Realty LLC
  • Office Phone: (248) 270-8238
  • Listing Agent: Timothy Moore

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: 11/22/2024, 12:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 17, 2021Home Sold
$21,500

Tax History

YEARPROP. TAXASSESSMENT
2021$2,011$20,000
2020$1,496$19,500
2018$1,496$14,700
2017$1,292$15,100

History based on county public records data.

Payment Calculator

$617

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$396

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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-604653
1
/10

  • Wayne Elementary School

  • 10633 Courville St

  • 2.11 miles

  • Public District Grades PK-5

school-card-donut-604654
1
/10

  • Marvin L Winans Academy Elementary School

  • 9740 McKinney St

  • 2.52 miles

  • Public Charter Grades KG-5

school-card-donut-604655
2
/10

  • Oakland International Academy Elementary School

  • 4001 Miller St

  • 2.58 miles

  • Public Charter Grades 2-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,293. Most Detroit, MI residents have annual incomes less than $35k. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48213›11240 Glenfield St

This home is located at 11240 Glenfield St in Detroit, MI and zip code 48213 in the Upper East neighborhood. This 1,856 square foot home, which was built in 1948, sits on a 0.12 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since August 19, 2024 and is currently priced at $110,000.

While more than 125 listings in Detroit, MI in October 2024 were sold above asking price, there were more than 93 listings sold at asking price, and more than 257 were sold below. The number of listings in Detroit, MI increased by 11.2% between September 2024 and October 2024. Listings spent 45 days on the market in October 2024, and had a median list price of $85,000 during the same period.

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

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