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1606 Gladstone St, Detroit, MI, 48206

$250,000

Home List Price

$2,969*

Closing Credit

0 Baths
Multi

Location

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1606 Gladstone St, Detroit$250,000

Buyer Closing Credits

$2,969*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingConcrete
Year Built1916
HeatingNone
BasementYes
MLS #81024055461
Lot Size0.14 Acres
StatusActive

About 1606 Gladstone St

Great Investment opportunity as a blank slate property, 4 units, 2 bed one bath with in unit laundry Significant structural and framing work done to property in recent years, new roof, newer windows and doors. Property is secure. In need of all systems and finishes. Quotes in hand for plumbing and electrical with licensed contractors. Plumbing and Electrical in building currently needs to be redone Call listing agent for more information. Very similar property two doors down recently sold for $380,000

Property Details

Property Features

Property Information:

  • Year Built: 1916

Listing Office:

  • Office Name: Lacuna Group, LLC
  • Office Phone: (844) 222-9405
  • Listing Agent: James Duncanson

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: Concrete

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: None

Other

Directions Information:

  • Directions: Take the lodge south to Chicago blvd, follow service drive south to Clairmount Ave, head west to Woodrow Wilson, turn south and 1606 Gladstone is on the corner of Woodrow Wilson and Gladstone St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $250,000

Tax Information:

  • Annual Amount: $2,421
  • 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

$85K

Med. Price/SqFt

$67

Avg. Days On Market

49

# of Sold Homes

396

1606 Gladstone St vs Detroit

57 DAYS ON ROCKET

+8 Days

$250,000

+$164.9K More

KEY TAKEAWAY

This property is $164.9K more than the Median Sold Price in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater Metropolitan Association of REALTORS
  • MLS Number: #81024055461

Listing Office:

  • Office Name: Lacuna Group, LLC
  • Office Phone: (844) 222-9405
  • Listing Agent: James Duncanson

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: 12/18/2024, 8:21:08 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 05, 2008Home Sold
$12,500

Tax History

YEARPROP. TAXASSESSMENT
2021$2,421$23,800
2020$1,314$20,800
2018$1,314$12,700
2017$1,428$12,400

History based on county public records data.

Payment Calculator

$1,315

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$816

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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-4462522
2
/10

  • University Preparatory Art Design Elementary School

  • 10225 3rd St

  • 0.82 miles

  • Public Charter Grades KG-5

school-card-donut-4462523
1
/10

  • University Preparatory Academy (PSAD) Elementary School

  • 957 Holden St

  • 1.30 miles

  • Public Charter Grades KG-5

school-card-donut-4462524
2
/10

  • University Preparatory Academy Psad Elementary School

  • 435 Amsterdam St

  • 1.30 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 $16,452. Residents of Detroit, MI typically earn less than $35k each year. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48206›1606 Gladstone St

This home is located at 1606 Gladstone St in Detroit, MI and zip code 48206 in the Rosa Parks neighborhood. This home, which was built in 1916, sits on a 0.14 acre lot. It has been listed on Rocket Homes since October 21, 2024 and is currently priced at $250,000.

Detroit, MI housing market in November 2024 saw over 94 listings sold above listed price, more than 55 sold at listed price and over 247 sold below. The inventory of homes for sale in Detroit, MI between October 2024 and November 2024 increased by 2%. In November 2024 median list price was $85,016 and the average listing age was 49 days.

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

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