Amazing investment opportunity! This property is an instant cashflow opportunity. Property is TENANT OCCUPIED, long term tenant currently paying $925/month on a month to month lease. Professionally managed rental. Property being sold as is. All dimensions are estimated and should be verified. **Showings only with accepted offer. Property is tenant occupied, please respect their privacy.** Can be packaged with 5 other occupied rental properties - see MLS 20240060564, 20240060340, 20240060579, 20240060581, 20240061650
Property Details
Property Features
Property Information:
Architectural Style: Bungalow
Year Built: 1948
Living Area: 1,049 SqFt
Listing Office:
Office Name: Home Source Realty LLC
Office Phone: (313) 384-5731
Listing Agent: Bailee Clanton
Interior Features
Interior Information:
Basement: Yes
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: 0.10 Acres
Utilities
Utilities Information:
Heating: Forced Air, Natural Gas
Other
Directions Information:
Directions: S of Kelly / E of Morang
Price Information
Listing Price Info
Price Summary:
List Price: $68,000
Price Per SqFt: $65/SqFt
Tax Information:
Annual Amount: $2,173
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Detroit, MI.
This property is $17K less 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: #20240060569
Listing Office:
Office Name: Home Source Realty LLC
Office Phone: (313) 384-5731
Listing Agent: Bailee Clanton
Disclaimer: 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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$407
Per Month
Principal & Interest
$340
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$270
Powered By
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
1
/10
Carleton Elementary School
11724 Casino St
Distance between this listing and this school0.48 miles
Public District Grades PK-5
1
/10
Wayne Elementary School
10633 Courville St
Distance between this listing and this school0.72 miles
Public District Grades PK-5
1
/10
Marvin L Winans Academy Elementary School
9740 McKinney St
Distance between this listing and this school0.93 miles
Public Charter Grades KG-5
Nearby Schools
1
/10
Brewer Academy
18025 Brock St
Distance between this listing and this school0.48 miles
Public District Grades PK-8
3
/10
Regent Park Scholars Charter Academy
15865 E 7 Mile Rd
Distance between this listing and this school0.70 miles
Public Charter Grades PK-8
1
/10
Fisher Magnet Upper Academy
15491 Maddelein St
Distance between this listing and this school0.85 miles
Public Magnet Grades 6-8
Nearby Schools
2
/10
Denby High School
12800 Kelly Rd
Distance between this listing and this school0.18 miles
Public District Grades 9-12
1
/10
Diploma Success Community School
19872 Kelly Rd
Distance between this listing and this school1.17 miles
Public District Grades KG-12
3
/10
Chandler Park Academy High School
20254 Kelly Rd
Distance between this listing and this school1.46 miles
The neighbors living near this home have an average income of $34,000. Most Detroit, MI residents have annual incomes less than $35k. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 12136 Duchess St
What is the listing price of this property?
The listing price of 12136 Duchess St property is $68,000.
What type of property is this?
The property 12136 Duchess St is a house located in Detroit, Michigan, 48224.
Is this property for sale now?
Accepting Backup Offers: 12136 Duchess St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $2,173 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on February 4, 2020 for $65,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 12136 Duchess St has 3 bedrooms and 1 bathroom.
What is the square footage of this property?
The property 12136 Duchess St is 1,049 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 12136 Duchess St is 1948.
This home is located at 12136 Duchess St in Detroit, MI and zip code 48224 in the Denby neighborhood. This 1,049 square foot home, which was built in 1948, sits on a 0.10 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $68,000.
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. The number of homes for sale in Detroit, MI increased by 2% between October 2024 and November 2024. While the average time on the market in November 2024 was 49 days, the median list price was $85,016.
From Rocket Homes Real Estate and based on county public records data.