1 month on rocket

1553 Montclair St, Detroit, MI, 48214

$60,000

Home List Price

$713*

Closing Credit

2 Full Baths, 1 Partial
2,636 SqFt
$23/SqFt
Multi

Location

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1553 Montclair St, Detroit$60,000

Buyer Closing Credits

$713*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1914
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240072024
Lot Size0.24 Acres
StatusActive

About 1553 Montclair St

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.

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Detroit, MI

City

Med. Sold Price

$85K

Med. Price/SqFt

$73

Avg. Days On Market

45

# of Sold Homes

475

1553 Montclair St vs Detroit

50 DAYS ON ROCKET

+5 Days

$60,000

-$25K Less

$23/SqFt

-$51 Less

KEY TAKEAWAY

This property is $25K less than the Median Sold Price and $51/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

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: 11/22/2024, 12:20:53 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 - -

History based on county public records data.

Payment Calculator

$367

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$246

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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-617072
6
/10

  • George Defer Elementary School

  • 15425 Kercheval Ave

  • 2.35 miles

  • Public District Grades KG-5

school-card-donut-617073
1
/10

  • Detroit Academy of Arts and Sciences

  • 2985 E Jefferson Ave

  • 2.75 miles

  • Public Charter Grades KG-5

school-card-donut-617074
3
/10

  • University Preparatory Science and Math Elementary School

  • 2251 Antietam Ave

  • 3.00 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $13,958. The most common annual income of people living in Detroit, MI is less than $35k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48214›1553 Montclair St

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 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. The number of homes for sale in Detroit, MI increased by 11.2% between September 2024 and October 2024. In October 2024, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $85,000.

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

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