2 months on rocket

12769 Meyers Rd, Detroit, MI, 48227

$260,000

Home List Price

$3,088*

Closing Credit

4 Full Baths, 1 Partial
3,658 SqFt
$71/SqFt
Multi

Location

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12769 Meyers Rd, Detroit$260,000

Buyer Closing Credits

$3,088*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1925
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240070329
Lot Size0.19 Acres
StatusActive

About 12769 Meyers Rd

INVESTMENT OPPORTUNITY!!!Solid brick, 4unit apartment building for sale. Each unit consists of living room, kitchens, 2 bedrooms and full bath. All units are identical in layouts. This building is poised to bring in a yearly income. Separate electric and gas for each unit. One water meter for the building. This building is perfect for a buy and hold investor looking to start with a multi-family project in Detroit! Each unit has been freshly painted. Tenant occupied, do not disturb tenant. Showings and inspections will be scheduled only upon accepted offer.

Property Details

Property Features

Property Information:

  • Architectural Style: Quadruplex
  • Year Built: 1925
  • Stories: 2
  • Living Area: 3,658 SqFt

Listing Office:

  • Office Name: Real Estate Management Specialists Inc
  • Office Phone: (313) 533-6300
  • Listing Agent: Renae Palmer

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: S OF I 96 W OF WYOMING

Price Information

Listing Price Info

Price Summary:

  • List Price: $260,000
  • Price Per SqFt: $71/SqFt

Tax Information:

  • Annual Amount: $383
  • 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

12769 Meyers Rd vs Detroit

61 DAYS ON ROCKET

+16 Days

$260,000

+$175K More

$71/SqFt

-$3 Less

KEY TAKEAWAY

This property is $175K 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: #20240070329

Listing Office:

  • Office Name: Real Estate Management Specialists Inc
  • Office Phone: (313) 533-6300
  • Listing Agent: Renae Palmer

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: 11/24/2024, 4:20:51 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

Dec 16, 2014Home Sold
$100,000
Oct 23, 2008Home Sold
$60,000

Tax History

YEARPROP. TAXASSESSMENT
2021$383$17,200
2020$785$15,100
2018$785$17,900
2017$783$21,200

History based on county public records data.

Payment Calculator

$1,365

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$846

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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-1083670
2
/10

  • Barton Elementary School

  • 8530 Joy Rd

  • 1.79 miles

  • Public District Grades KG-5

school-card-donut-1083671
1
/10

  • Coleman A. Young Elementary School

  • 15771 Hubbell St

  • 1.93 miles

  • Public District Grades PK-5

school-card-donut-1083672
1
/10

  • Adamsyoung Building

  • 13130 Grove St

  • 2.23 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $20,965. The majority of Detroit, MI residents have income less than $35k annually. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48227›12769 Meyers Rd

This home is located at 12769 Meyers Rd in Detroit, MI and zip code 48227 in the Mackenzie neighborhood. This 3,658 square foot home, which was built in 1925, sits on a 0.19 acre lot. Features: 5 bathrooms. It has been listed on Rocket Homes since September 23, 2024 and is currently priced at $260,000.

In October 2024, from all listings sold in Detroit, MI there were more than 125 sold above asking price, over 257 sold below and more than 93 were sold right at the asked price. The inventory of homes for sale in Detroit, MI between September 2024 and October 2024 increased by 11.2%. In October 2024, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $85,000.

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

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