Multifamily Home with 2 Units – Great Investment Opportunity! This multifamily property offers two units, both in need of TLC, making it perfect for investors or buyers looking for a project. Unit 1 features 3 bedrooms and 2 full bathrooms, while Unit 2 includes 3 bedrooms and 1 bathroom. Both units are in distressed condition but offer great potential with spacious layouts and natural light. Conveniently located near local amenities, this property is an excellent opportunity for those looking to renovate and add value.
Property Details
Property Features
Property Information:
Architectural Style: Colonial
Year Built: 1914
Stories: 2
Living Area: 2,636 SqFt
Listing Office:
Office Name: Keller Williams Realty-Great Lakes
Office Phone: (586) 541-4000
Listing Agent: Erick Monzo
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 2
Exterior Features
Exterior Information:
Private Pool: No
Lot Features
Lot Information:
Lot Size: 0.24 Acres
Utilities
Utilities Information:
Heating: Natural Gas, Forced Air
Other
Directions Information:
Directions: South of Kercheval Avenue, on the Westside of Montclair Street
Price Information
Listing Price Info
Price Summary:
List Price: $60,000
Price Per SqFt: $23/SqFt
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Housing Market Comparison
See how this home compares to others in Detroit, MI.
This property is $24.9K less than the Median Sold Price and $50/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: #20240072024
Listing Office:
Office Name: Keller Williams Realty-Great Lakes
Office Phone: (586) 541-4000
Listing Agent: Erick Monzo
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
6
/10
George Defer Elementary School
15425 Kercheval Ave
Distance between this listing and this school2.35 miles
Public District Grades KG-5
1
/10
Detroit Academy of Arts and Sciences
2985 E Jefferson Ave
Distance between this listing and this school2.76 miles
Public Charter Grades KG-5
7
/10
The James and Grace Lee Boggs School
4141 Mitchell St
Distance between this listing and this school2.87 miles
Public Charter Grades KG-4
Nearby Schools
5
/10
Detroit Enterprise Academy
11224 Kercheval St
Distance between this listing and this school0.28 miles
Public Charter Grades KG-8
3
/10
Timbuktu Academy of Science and Technology
10800 E Canfield St
Distance between this listing and this school1.07 miles
Public Charter Grades KG-8
3
/10
Detroit Merit Charter Academy
1091 Alter Rd
Distance between this listing and this school1.97 miles
Public Charter Grades KG-8
Nearby Schools
2
/10
Southeastern High School
3030 Fairview St
Distance between this listing and this school0.59 miles
Public Magnet Grades 9-12
1
/10
Covenant House Academy Detroit - East Site
7600 Goethe St
Distance between this listing and this school1.55 miles
Public Charter Grades 9-12
3
/10
University Preparatory Science and Math (PSAD) High School
2664 Franklin St
Distance between this listing and this school2.99 miles
The neighbors living near this home have an average income of $13,958. Typical income of Detroit, MI residents is less than $35k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.
This home is located at 1553 Montclair St in Detroit, MI and zip code 48214 in the Foch neighborhood. This 2,636 square foot home, which was built in 1914, sits on a 0.24 acre lot. Features: 3 bathrooms. It has been listed on Rocket Homes since October 02, 2024 and is currently priced at $60,000.
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. In September 2024, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $84,971.
From Rocket Homes Real Estate and based on county public records data.