**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
1
/10
Coleman A. Young Elementary School
15771 Hubbell St
Distance between this listing and this school0.45 miles
Public District Grades PK-5
3
/10
Edison Elementary School
17045 Grand River Ave
Distance between this listing and this school0.90 miles
Public District Grades PK-5
1
/10
Adamsyoung Building
13130 Grove St
Distance between this listing and this school1.40 miles
Public Charter Grades KG-5
Nearby Schools
1
/10
John R. King Academic and Performing Arts Academy
15850 Strathmoor St
Distance between this listing and this school0.65 miles
Public District Grades PK-8
1
/10
Burns Elementary-Middle School
14350 Terry St
Distance between this listing and this school0.81 miles
Public District Grades KG-8
3
/10
Detroit Achievement Academy
7000 W Outer Dr
Distance between this listing and this school1.09 miles
Public Charter Grades KG-8
Nearby Schools
9
/10
Renaissance High School
6565 W Outer Dr
Distance between this listing and this school0.99 miles
Public District Grades 9-12
1
/10
University Yes Academy
14717 Curtis St
Distance between this listing and this school1.32 miles
Public Charter Grades KG-12
2
/10
Old Redford Academy High School
8001 W Outer Dr
Distance between this listing and this school1.43 miles
The neighbors living near this home have an average income of $49,274. Typical income of Detroit, MI residents is between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
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. The number of homes for sale in Detroit, MI increased by 11.2% between September 2024 and October 2024. While the average time on the market in October 2024 was 45 days, the median list price was $85,000.
From Rocket Homes Real Estate and based on county public records data.