2 months on rocket

17 W James St, River Rouge, MI, 48218

$135,000

Home List Price

$1,603*

Closing Credit

2 Full Baths
1,650 SqFt
$82/SqFt
Multi

Location

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17 W James St, River Rouge$135,000

Buyer Closing Credits

$1,603*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1921
HeatingNatural Gas, Hot Water, Steam
BasementYes
MLS #20240061148
Lot Size0.08 Acres
StatusActive

About 17 W James St

Picturesque, rental certified, income producing gem available here! Currently one long term tenant in place for $1100/mo and one unit vacant- perfect for househackers or investors wanting to also place their own tenant. Home has been rental certified for many years, has been updated with flooring, kitchens and bath, all appliances included, two car separate garage, and walking distance to schools, making this the perfect investment. Take advantage of rates coming down, and this very low entry price in today's market of multifamily opportunities. Owner does pay for gas and water- which price reflects this, still providing way over 10% return on your money. As is sale, Broker owned.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1921
  • Stories: 2
  • Living Area: 1,650 SqFt

Listing Office:

  • Office Name: IQ Properties LLC
  • Office Phone: (313) 333-5166
  • Listing Agent: Jeanette C Lucy

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water, Steam

School Info

Assigned Schools Information:

  • River Rouge High School, Public District Grades 9-12
  • Clarence B. Sabbath Middle School, Public District Grades 6-8
  • Ann Visger Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Turn on from Jefferson

Price Information

Listing Price Info

Price Summary:

  • List Price: $135,000
  • Price Per SqFt: $82/SqFt

Tax Information:

  • Annual Amount: $1,588
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in River Rouge, MI.

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River Rouge, MI

City

Med. Sold Price

$90K

Med. Price/SqFt

$76

Avg. Days On Market

10

# of Sold Homes

3

17 W James St vs River Rouge

68 DAYS ON ROCKET

+58 Days

$135,000

+$45K More

$82/SqFt

+$6 More

KEY TAKEAWAY

This property is $45K more than the Median Sold Price and $6/SqFt more than other homes in River Rouge, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240061148

Listing Office:

  • Office Name: IQ Properties LLC
  • Office Phone: (313) 333-5166
  • Listing Agent: Jeanette C Lucy

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: 11/5/2024, 3:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 04, 2021Home Sold
$14,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,588$25,800
2020$1,502$21,900
2018$1,502$17,900
2017$1,584$18,600

History based on county public records data.

Payment Calculator

$741

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$471

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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.

Elementary School

school-card-donut-13540
2
/10

  • Ann Visger Elementary School

  • 11121 W Jefferson Ave

  • 0.87 miles

  • Public District Grades PK-5

Middle School

school-card-donut-13541
1
/10

  • Clarence B. Sabbath Middle School

  • 340 Frazier St

  • 0.70 miles

  • Public District Grades 6-8

High School

school-card-donut-13542
3
/10

  • River Rouge High School

  • 1460 Coolidge Hwy

  • 0.24 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,839. Residents of River Rouge, MI typically earn less than $35k each year. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›River Rouge›48218›17 W James St

This home is located at 17 W James St in River Rouge, MI and zip code 48218. This 1,650 square foot home, which was built in 1921, sits on a 0.08 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since August 29, 2024 and is currently priced at $135,000.

In October 2024, from all listings sold in River Rouge, MI there were more than 2 sold above asking price, over 1 sold below and more than 0 were sold right at the asked price. The number of homes for sale in River Rouge, MI increased by 20.7% between September 2024 and October 2024. In October 2024 median list price was $90,000 and the average listing age was 10 days.

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

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