26 days on rocket

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, Driveway
Year Built1916
HeatingNone
CoolingNone
BasementYes
MLS #24055461
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:

  • Attached Garage: No
  • Parking: Concrete, Driveway

Lot Features

Lot Information:

  • Lot: Sidewalk, Corner Lot
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: 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

$73

Avg. Days On Market

45

# of Sold Homes

475

1606 Gladstone St vs Detroit

26 DAYS ON ROCKET

-19 Days

$250,000

+$165K More

KEY TAKEAWAY

This property is $165K more than the Median Sold Price in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24055461

Listing Office:

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

Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 12:20:54 PM 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-476010
2
/10

  • University Preparatory Art Design Elementary School

  • 10225 3rd St

  • 0.82 miles

  • Public Charter Grades KG-5

school-card-donut-476011
1
/10

  • University Preparatory Academy (PSAD) Elementary School

  • 957 Holden St

  • 1.30 miles

  • Public Charter Grades KG-5

school-card-donut-476012
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. The most common annual income of people living in Detroit, MI is less than $35k. 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.

Over 125 listings were sold over their listed price in October 2024 in Detroit, MI. In the same period over 257 listings were sold below the listed price and 93 listings were sold for the listed price. The number of listings in Detroit, MI increased by 11.2% between September 2024 and October 2024. In October 2024 median list price was $85,000 and the average listing age was 45 days.

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

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