20 days on rocket

14401 Mapleridge St, Detroit, MI, 48205

$145,000

Home List Price

$1,722*

Closing Credit

3 Full Baths
2,128 SqFt
$68/SqFt
Multi

Location

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14401 Mapleridge St, Detroit$145,000

Buyer Closing Credits

$1,722*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1942
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240082526
Lot Size0.21 Acres
StatusActive

About 14401 Mapleridge St

Welcome to an excellent investment opportunity! This Multi-Family Triplex is a rare find that could be the perfect addition to your portfolio as a rental, group home, rooms for rent or whatever your imagination conjures. Each unit features one bedroom, one bathroom, and a private basement. Property being sold AS IS and has begun renovations and all it needs is your finishing touches. This property is situated in a convenient location near schools and major roads for easy accessibility and also inside of the "Better Block Detroit G7 Project". There are at least three vacant parcels of land owned by the DLBA that can be purchased separately to add to this property.

Property Details

Property Features

Property Information:

  • Architectural Style: Triplex
  • Year Built: 1942
  • Stories: 1
  • Living Area: 2,128 SqFt

Listing Office:

  • Office Name: 5th Avenue Realty Inc.
  • Office Phone: (248) 973-7233
  • Listing Agent: Shatay Acevedo

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.21 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: Gratiot N To Mapleridge At Corner Of Chalmers

Price Information

Listing Price Info

Price Summary:

  • List Price: $145,000
  • Price Per SqFt: $68/SqFt

Tax Information:

  • Annual Amount: $1,255
  • 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

14401 Mapleridge St vs Detroit

20 DAYS ON ROCKET

-25 Days

$145,000

+$60K More

$68/SqFt

-$6 Less

KEY TAKEAWAY

This property is $60K more than the Median Sold Price and $6/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: #20240082526

Listing Office:

  • Office Name: 5th Avenue Realty Inc.
  • Office Phone: (248) 973-7233
  • Listing Agent: Shatay Acevedo

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: 11/21/2024, 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$1,255$8,400
2020$819$10,300
2018$819$6,700
2017$845$6,900

History based on county public records data.

Payment Calculator

$791

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$501

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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-300965
1
/10

  • Fisher Magnet Lower Academy

  • 15510 E State Fair St

  • 1.12 miles

  • Public Magnet Grades PK-5

school-card-donut-300966
1
/10

  • Wayne Elementary School

  • 10633 Courville St

  • 1.33 miles

  • Public District Grades PK-5

school-card-donut-300967
1
/10

  • Carleton Elementary School

  • 11724 Casino St

  • 1.49 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 $42,321. The most common annual income of people living in Detroit, MI is between $35k-100k. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48205›14401 Mapleridge St

This home is located at 14401 Mapleridge St in Detroit, MI and zip code 48205 in the Burbank neighborhood. This 2,128 square foot home, which was built in 1942, sits on a 0.21 acre lot. Features: 3 bathrooms. It has been listed on Rocket Homes since November 01, 2024 and is currently priced at $145,000.

In October 2024 more than 125 listings in Detroit, MI were sold above the asking price. During the same period more than 93 listings were sold at asking price, while more than 257 were sold below. In October 2024 in Detroit, MI there were 11.2% more homes for sale than in September 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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