1 month on rocket

13535 La Salle Blvd, Detroit, MI, 48238

$999,990

Home List Price

$10,000*

Closing Credit

19 Full Baths
11,075 SqFt
$90/SqFt
Multi

Location

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13535 La Salle Blvd, Detroit$999,990

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingLighted, ParkingLot, OnSite, OnStreet, Other
Year Built1929
HeatingNatural Gas, Radiant, Steam
CoolingWall Unit(s)
BasementYes
MLS #20240087355
Lot Size0.19 Acres
StatusActive

About 13535 La Salle Blvd

Rare opportunity on this Value Add Multi Family comprised of 19 units. Full brick well maintained building in the heart of Detroit. All units have been renovated. Unit mix consists of (14) one bedroom units, (1) two bedroom units ,(4) studio units. Strong financials with a projected 11% cap rate with all 19 units rehabbed. Each hallway and common areas are updated. Each unit has its own electric meter, Plenty of crucial upgrades completed including new boiler, common area and unit renovations, and many other capital upgrades totaling 250,000. The exterior has been impeccably maintained with a newer Spanish clay tile roof on the building, newer windows, and parking available for tenants. All tenants are in great standing with management, and management is offering a one or two year transition management agreement to the new investor. Conveniently located near major highways making commuting to nearby landmarks such as Wayne State University and Downtown Detroit. Don't miss out on this amazing opportunity.

Property Details

Property Features

Property Information:

  • Architectural Style: CapeCod, Traditional, Victorian
  • Year Built: 1929
  • Living Area: 11,075 SqFt

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (888) 501-7085
  • Listing Agent: Fadi Dabaja, Jay Naim

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: EntranceFoyer, HighSpeedInternet, ProgrammableThermostat

Bedroom and Bathroom Information:

  • Full Bathrooms: 19

Exterior Features

Exterior Information:

  • Exterior: Balcony, Lighting, PrivateEntrance

Parking Information:

  • Attached Garage: No
  • Parking: Lighted, ParkingLot, OnSite, OnStreet, Other

Lot Features

Lot Information:

  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Radiant, Steam
  • Cooling: Wall Unit(s)

Other

Directions Information:

  • Directions: Davison/96

Price Information

Listing Price Info

Price Summary:

  • List Price: $999,990
  • Price Per SqFt: $90/SqFt

Tax Information:

  • Annual Amount: $82,549
  • 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

$67

Avg. Days On Market

49

# of Sold Homes

396

13535 La Salle Blvd vs Detroit

32 DAYS ON ROCKET

-17 Days

$999,990

+$914.9K More

$90/SqFt

+$22 More

KEY TAKEAWAY

This property is $914.9K more than the Median Sold Price and $22/SqFt more 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: #20240087355

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (888) 501-7085
  • Listing Agent: Fadi Dabaja, Jay Naim

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: 12/23/2024, 8:21:08 AM 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$82,549$191,600
2020$2,621$134,100
2018$2,621$30,700
2017$8,403$28,700

History based on county public records data.

Payment Calculator

$5,058

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,065

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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-1161708
1
/10

  • George Washington Carver Elementary School

  • 14510 2nd Ave

  • 1.30 miles

  • Public Charter Grades PK-4

school-card-donut-1161709
2
/10

  • University Preparatory Art Design Elementary School

  • 10225 3rd St

  • 1.49 miles

  • Public Charter Grades KG-5

school-card-donut-1161710
3
/10

  • Bagley Elementary School of Journalism and Technology

  • 8100 Curtis St

  • 2.67 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $19,203. The most common annual income of people living in Detroit, MI is less than $35k. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48238›13535 La Salle Blvd

This home is located at 13535 La Salle Blvd in Detroit, MI and zip code 48238 in the Midtown neighborhood. This 11,075 square foot home, which was built in 1929, sits on a 0.19 acre lot. Features: 19 bathrooms. It has been listed on Rocket Homes since November 20, 2024 and is currently priced at $999,990.

Detroit, MI housing market in November 2024 saw over 94 listings sold above listed price, more than 55 sold at listed price and over 247 sold below. The number of listings in Detroit, MI increased by 2% between October 2024 and November 2024. The median list price of listings available in November 2024 was $85,016, while the average time on the real estate market was 49 days.

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

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