**INVESTORS** Here is your opportunity to add this 2-family property to your rental portfolio! The property features a 2-bedroom unit on the 1st floor, and a 1 bedroom unit on the second floor. Would be a perfect Section 8 property and could generate monthly rents as high as 2,100/month. Gas and electric is metered separately in each unit, which also feature forced air heating, updated 100 amp electrical panels, vinyl windows, and 2 entrances for each unit. The bathrooms and kitchens are a mixture of updated and original, and could use additional updating. Garage likely needs to be torn down, Seller will not do it. CASH OR HARD MONEY ONLY. Furnaces & HWTs are in storage and will be delivered to the property after closing.
This property is $5.1K less than the Median Sold Price and $27/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: #20240060722
Listing Office:
Office Name: RE/MAX Leading Edge
Office Phone: (734) 404-8800
Listing Agent: Ryan E Kain
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.
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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.
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Nearby Schools
2
/10
Rutherford Winans Academy
16411 Curtis St
Distance between this listing and this school1.37 miles
Public Charter Grades PK-5
2
/10
Detroit Innovation Academy
18211 Plymouth Rd
Distance between this listing and this school2.55 miles
Public Charter Grades KG-6
1
/10
Old Redford Academy - Elementary School
17195 Redford St
Distance between this listing and this school3.28 miles
Public Charter Grades PK-5
Nearby Schools
2
/10
Burns Elementary-Middle School
14350 Terry St
Distance between this listing and this school0.81 miles
Public District Grades PK-8
3
/10
Detroit Achievement Academy
15000 Southfield Fwy
Distance between this listing and this school1.06 miles
Public Charter Grades KG-8
3
/10
Martin Luther King Jr. Education Center Academy
16827 Appoline St
Distance between this listing and this school1.53 miles
Public Charter Grades KG-8
Nearby Schools
2
/10
Old Redford Academy - High School
8001 W Outer Dr
Distance between this listing and this school1.37 miles
Public Charter Grades 9-12
1
/10
University Yes Academy
14717 Curtis St
Distance between this listing and this school1.37 miles
Public Charter Grades KG-12
3
/10
David Ellis Academy
18977 Schaefer Hwy
Distance between this listing and this school1.99 miles
The neighbors living near this home have an average income of $49,274. Residents of Detroit, MI typically earn between $35k-100k each year. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.
This home is located at 15461 Prest St in Detroit, MI and zip code 48227 in the Belmont neighborhood. This 1,698 square foot home, which was built in 1927, sits on a 0.12 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since August 27, 2024 and is currently priced at $79,900.
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. In October 2024 in Detroit, MI there were 11.2% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $85,000, while the average time on the real estate market was 45 days.
From Rocket Homes Real Estate and based on county public records data.