2 months on rocket

11300 Cascade St, Detroit, MI, 48204

$43,000

Home List Price

$511*

Closing Credit

2 Full Baths
1,766 SqFt
$24/SqFt
Multi

Location

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11300 Cascade St, Detroit$43,000

Buyer Closing Credits

$511*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1924
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240063222
Lot Size0.09 Acres
StatusActive

About 11300 Cascade St

Incredible Detroit investment opportunity! Need rehab.This multi-family 2-unit property is a dream for owner occupants seeking rental income or investors aiming to generate substantial cash flow. Live comfortably in one unit while collecting rent from the other. Ideal location with access to amenities, schools, and transportation. Don't miss this chance to enhance your real estate portfolio! Schedule a showing now and unlock the potential of this versatile property. The vacant lot is included in the sale. BOTH UNITS need a COMPLETE rehab. 11308 Cascade a vacant lot included in the sale.

Property Details

Property Features

Property Information:

  • Architectural Style: Upper/Lower Apartment
  • Year Built: 1924
  • Stories: 2
  • Living Area: 1,766 SqFt

Listing Office:

  • Office Name: Epic Realty Inc
  • Office Phone: (248) 327-6161
  • Listing Agent: Wendy Hopkins

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Fenced

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: West of Livernois South of Joy Road

Price Information

Listing Price Info

Price Summary:

  • List Price: $43,000
  • Price Per SqFt: $24/SqFt

Tax Information:

  • Annual Amount: $1,345
  • 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

11300 Cascade St vs Detroit

84 DAYS ON ROCKET

+39 Days

$43,000

-$42K Less

$24/SqFt

-$50 Less

KEY TAKEAWAY

This property is $42K less than the Median Sold Price and $50/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: #20240063222

Listing Office:

  • Office Name: Epic Realty Inc
  • Office Phone: (248) 327-6161
  • Listing Agent: Wendy Hopkins

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: 11/17/2024, 1:20:52 PM 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$1,345$9,900
2020$882$12,600
2018$882$9,700
2017$880$8,900

History based on county public records data.

Payment Calculator

$282

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$195

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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-480577
2
/10

  • Barton Elementary School

  • 8530 Joy Rd

  • 1.51 miles

  • Public District Grades KG-5

school-card-donut-480578
2
/10

  • University Preparatory Art Design Elementary School

  • 10225 3rd St

  • 2.17 miles

  • Public Charter Grades KG-5

school-card-donut-480579
5
/10

  • McDonald Elementary School

  • 10151 Diversey St

  • 2.28 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 $15,568. Typical income of Detroit, MI residents is less than $35k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48204›11300 Cascade St

This home is located at 11300 Cascade St in Detroit, MI and zip code 48204 in the Winterhalter neighborhood. This 1,766 square foot home, which was built in 1924, sits on a 0.09 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since August 25, 2024 and is currently priced at $43,000.

Over 125 listings were sold over their listed price in October 2024 in Detroit, MI. In the same period over 257 listings were sold below the listed price and 93 listings were sold for the listed price. The number of homes for sale in Detroit, MI increased by 11.2% between September 2024 and October 2024. In October 2024 median list price was $85,000 and the average listing age was 45 days.

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

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