11 days on rocket

15608 Wabash St, Detroit, MI, 48238

$85,000

Home List Price

$1,009*

Closing Credit

2 Full Baths
1,357 SqFt
$63/SqFt
Multi

Location

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15608 Wabash St, Detroit$85,000

Buyer Closing Credits

$1,009*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1924
HeatingForced Air, Natural Gas
BasementYes
MLS #20240093421
Lot Size0.07 Acres
StatusActive

About 15608 Wabash St

Exceptional investment opportunity in Detroit! This charming 2-family home, listed on Furnished Finder, has become a sought-after retreat for traveling nurses, consistently booked and generating over $2,000 per month in rental income. Perfect for investors looking for strong returns or for buyers seeking a versatile, affordable property. The home features separate kitchen and bath facilities upstairs, making it ideal as a 2-family rental or a spacious single-family residence. Recent updates include a full roof tear-off and a newly installed backyard fence in 2022. Buyers be sure to check out Detroit Horse Power org!! A non profit started by a former Detroit elementary school teacher David Silver. A new location will be just minutes from this property. This is an amazing sign of the vision and gentrification headed in this neighborhood. Whether you’re an investor capitalizing on its rental history or a homeowner seeking a clean, updated home in a thriving area, this property offers incredible potential. Don’t miss this gem!

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1924
  • Living Area: 1,357 SqFt

Listing Office:

  • Office Name: Keller Williams Realty-Great Lakes
  • Office Phone: (586) 541-4000
  • Listing Agent: Erick Monzo, William Lowery

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2

Exterior Features

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: Livernois And Fenkell Ave Head South Toward Livernois 489 Turn Right Onto Wabash

Price Information

Listing Price Info

Price Summary:

  • List Price: $85,000
  • Price Per SqFt: $63/SqFt

Tax Information:

  • Annual Amount: $609
  • 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

$85.9K

Med. Price/SqFt

$68

Avg. Days On Market

46

# of Sold Homes

390

15608 Wabash St vs Detroit

11 DAYS ON ROCKET

-35 Days

$85,000

-$917 Less

$63/SqFt

-$6 Less

KEY TAKEAWAY

This property is $917 less 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: #20240093421

Listing Office:

  • Office Name: Keller Williams Realty-Great Lakes
  • Office Phone: (586) 541-4000
  • Listing Agent: Erick Monzo, William Lowery

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 © 2025 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: 1/6/2025, 9:21:05 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$609$10,800
2020$401$9,300
2018$401$5,400
2017$401$4,400

History based on county public records data.

Payment Calculator

$492

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$321

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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-718967
1
/10

  • George Washington Carver Elementary School

  • 14510 2nd Ave

  • 0.85 miles

  • Public Charter Grades PK-4

school-card-donut-718968
2
/10

  • University Preparatory Art Design Elementary School

  • 10225 3rd St

  • 1.94 miles

  • Public Charter Grades KG-5

school-card-donut-718969
3
/10

  • Bagley Elementary School of Journalism and Technology

  • 8100 Curtis St

  • 2.11 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $17,037. The majority of Detroit, MI residents have income less than $35k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48238›15608 Wabash St

This home is located at 15608 Wabash St in Detroit, MI and zip code 48238 in the McNichols neighborhood. This 1,357 square foot home, which was built in 1924, sits on a 0.07 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since December 26, 2024 and is currently priced at $85,000.

Over 91 listings were sold over their listed price in December 2024 in Detroit, MI. In the same period over 231 listings were sold below the listed price and 68 listings were sold for the listed price. Between November 2024 and December 2024, Detroit, MI real estate market has seen increase in the number of listings by 0.2%. In December 2024 median list price was $85,917 and the average listing age was 46 days.

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

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