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Backup Offers

13430 Promenade St, Detroit, MI, 48213

$90,000

Home List Price

$1,069*

Closing Credit

4 Bedrooms
1 Full Bath, 1 Partial
1,324 SqFt
$68/SqFt
House

Location

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13430 Promenade St, Detroit$90,000

Buyer Closing Credits

$1,069*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Year Built1940
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240059601
Lot Size0.13 Acres
StatusAccepting Backup Offers

About 13430 Promenade St

Are you looking to “Make money while you sleep”? It looks like you can with this SECTION EIGHT **TURNKEY** Cash flow property! New 12 month government paid lease signed July 2024 Section 8 Tenant Government Paying Fourteen Hundred and Fifty USD Brick Cape Cod style Home 4 bedrooms, 1.5 baths Full basement Property has already been fully updated! Only Ninety Thousand Instant income- 2 Generous bedrooms on first floor, 2 even larger bedrooms upstairs- primary bedroom upstairs has a walk-in closet. All bedrooms have ceiling fans. Some locals may not realize what we truly have here until it's too late… Location - location - location! 5 minutes from Colman A. Young International Airport, 5 Minutes to I94 highway, only 15 min to downtown Detroit,12 minutes from the Detroit Medical Center (DMC - 8 General & Specialty Hospitals) close to restaurants, gas stations, shopping and public transit. Blocks from schools, parks, entertainment & more. There are very few 4 bedroom, up and running, cash flowing all brick properties that have been updated for under One Hundred Thousand USD so take it from Warren Buffett, “If you don't find a way to make money while you sleep, you will work until you die." It looks like you found a way. If so, make an offer today! Please do not disturb tenants.

Property Details

Property Features

Property Information:

  • Architectural Style: Cape Cod
  • Year Built: 1940
  • Stories: 2
  • Living Area: 1,324 SqFt

Listing Office:

  • Office Name: Pretty Home Realty
  • Office Phone: (248) 905-1402
  • Listing Agent: Shawn A Calhoun

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Smoke Alarm

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Lighting

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: Take E. Outer Drive turn South to Newport turn west to Prominade

Price Information

Listing Price Info

Price Summary:

  • List Price: $90,000
  • Price Per SqFt: $68/SqFt
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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

$84.9K

Med. Price/SqFt

$72

Avg. Days On Market

45

# of Sold Homes

404

13430 Promenade St vs Detroit

72 DAYS ON ROCKET

+27 Days

$90,000

+$5K More

$68/SqFt

-$5 Less

KEY TAKEAWAY

This property is $5K more than the Median Sold Price and $5/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: #20240059601

Listing Office:

  • Office Name: Pretty Home Realty
  • Office Phone: (248) 905-1402
  • Listing Agent: Shawn A Calhoun

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: 10/31/2024, 11:20:52 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 - -

History based on county public records data.

Payment Calculator

$517

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$336

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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-906706
1
/10

  • Marvin L. Winans Academy of Performing Arts Elementary School

  • 9740 Mckinney St

  • 1.34 miles

  • Public Charter Grades KG-5

school-card-donut-906707
6
/10

  • George Defer Elementary School

  • 15425 Kercheval Ave

  • 2.75 miles

  • Public District Grades KG-5

school-card-donut-906708
1
/10

  • Chandler Park Academy - Elementary School

  • 20200 Kelly Rd

  • 2.77 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 $24,608. Most Detroit, MI residents have annual incomes less than $35k. Typical family type is single, with kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 13430 Promenade St

What is the listing price of this property?

The listing price of 13430 Promenade St property is $90,000.

What type of property is this?

The property 13430 Promenade St is a house located in Detroit, Michigan, 48213.

Is this property for sale now?

Accepting Backup Offers: 13430 Promenade St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

How many bedrooms and bathrooms does this property have?

The property at 13430 Promenade St has 4 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 13430 Promenade St is 1,324 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 13430 Promenade St is 1940.

Rocket Homes›Michigan›Wayne County›Detroit›48213›13430 Promenade St

This home is located at 13430 Promenade St in Detroit, MI and zip code 48213 in the Upper East neighborhood. This 1,324 square foot home, which was built in 1940, sits on a 0.13 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 20, 2024 and is currently priced at $90,000.

In September 2024, from all listings sold in Detroit, MI there were more than 110 sold above asking price, over 221 sold below and more than 73 were sold right at the asked price. The number of homes for sale in Detroit, MI increased by 10.5% between August 2024 and September 2024. The median list price of listings available in September 2024 was $84,971, while the average time on the real estate market was 45 days.

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

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