Investment Opportunity or Dream Home Potential, Welcome to this charming multi-family brick home with great bones, located in a highly desirable up-and-coming area. With two full baths and two kitchens, this property offers endless possibilities. Whether you're an investor looking to capitalize on a promising neighborhood or a first-time homebuyer eager to make this space your own, this is a must-see. The upper level features a spacious one-bedroom suite, while the lower level boasts a two-bedroom unit—ideal for rental income or as an in-law suite. The lower living room includes a cozy natural fireplace, perfect for those chilly evenings. With a little vision, you can easily convert this home into a stunning single-family residence or continue to use it as a multi-family investment. Come bring your dreams to life in this vibrant, evolving community. The potential is limitless. BATVAI.
Property Details
Property Features
Property Information:
Architectural Style: Bungalow
Year Built: 1928
Stories: 2
Living Area: 1,554 SqFt
Listing Office:
Office Name: Empire Realty Group
Office Phone: (313) 846-0960
Listing Agent: Hassan Zein
Interior Features
Interior Information:
Basement: Yes
Interior: Cable Available, Laundry Facility, Other
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 2
Exterior Features
Exterior Information:
Private Pool: No
Exterior: Fenced
Parking Information:
Parking: Garages
Lot Features
Lot Information:
Lot Size: 0.09 Acres
Utilities
Utilities Information:
Heating: Natural Gas, Forced Air
Other
Directions Information:
Directions: e off schaefer n off fenkell
Price Information
Listing Price Info
Price Summary:
List Price: $62,500
Price Per SqFt: $40/SqFt
Tax Information:
Annual Amount: $795
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Detroit, MI.
This property is $22.5K less than the Median Sold Price and $34/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: #20240088128
Listing Office:
Office Name: Empire Realty Group
Office Phone: (313) 846-0960
Listing Agent: Hassan Zein
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.
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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$379
Per Month
Principal & Interest
$312
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$254
Powered By
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
1
/10
Coleman A. Young Elementary School
15771 Hubbell St
Distance between this listing and this school0.60 miles
Public District Grades PK-5
1
/10
Adamsyoung Building
13130 Grove St
Distance between this listing and this school0.61 miles
Public Charter Grades KG-5
3
/10
Bagley Elementary School of Journalism and Technology
8100 Curtis St
Distance between this listing and this school1.83 miles
Public District Grades PK-6
Nearby Schools
1
/10
John R. King Academic and Performing Arts Academy
15850 Strathmoor St
Distance between this listing and this school0.47 miles
Public District Grades PK-8
3
/10
Martin Luther King Jr Education Center Academy
16827 Appoline St
Distance between this listing and this school0.66 miles
Public Charter Grades KG-8
1
/10
Schulze Academy for Technology and Arts
10700 Santa Maria St
Distance between this listing and this school1.04 miles
Public District Grades PK-8
Nearby Schools
9
/10
Renaissance High School
6565 W Outer Dr
Distance between this listing and this school1.19 miles
Public District Grades 9-12
2
/10
Mumford High School
17525 Wyoming St
Distance between this listing and this school1.25 miles
Public Magnet Grades 9-12
4
/10
The School at Marygrove
8425 W McNichols Rd
Distance between this listing and this school1.32 miles
The neighbors living near this home have an average income of $33,652. Most Detroit, MI residents have annual incomes less than $35k. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.
This home is located at 15740 Hartwell St in Detroit, MI and zip code 48227 in the Harmony VIllage neighborhood. This 1,554 square foot home, which was built in 1928, sits on a 0.09 acre lot. Features: 3 bathrooms. It has been listed on Rocket Homes since November 23, 2024 and is currently priced at $62,500.
While more than 125 listings in Detroit, MI in October 2024 were sold above asking price, there were more than 93 listings sold at asking price, and more than 257 were sold below. The inventory of homes for sale in Detroit, MI between September 2024 and October 2024 increased by 11.2%. Listings spent 45 days on the market in October 2024, and had a median list price of $85,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.