Welcome to 17159 Indiana Street, an exceptional multi-family investment opportunity in the highly sought-after Bagley neighborhood! This well-maintained property features two spacious units, both currently tenanted, but will be vacated in December, allowing for endless possibilities. Each unit boasts generous layouts with plenty of natural light, hardwood floors, and charming original details throughout. The property also includes a full basement, garage, and a large backyard, perfect for future tenant enjoyment or a partially completed fix and flip! Ideally located near major shopping areas, dining, and entertainment. Whether you’re looking to invest or create a home with rental income, this property fits the criteria. Don't miss out on this rare opportunity in one of Detroit’s most vibrant communities!
Property Details
Property Features
Property Information:
Architectural Style: Colonial
Year Built: 1927
Stories: 2
Living Area: 2,307 SqFt
Listing Office:
Office Name: U.S. Investor Group
Office Phone: (313) 644-0034
Listing Agent: Hasson Hammoud
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 4
Exterior Features
Exterior Information:
Private Pool: No
Lot Features
Lot Information:
Lot Size: 0.09 Acres
Utilities
Utilities Information:
Heating: Natural Gas, Hot Water
Other
Directions Information:
Directions: W of McNichols and N of Wyoming
Price Information
Listing Price Info
Price Summary:
List Price: $170,000
Price Per SqFt: $74/SqFt
Tax Information:
Annual Amount: $1,167
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 $85K more than the Median Sold Price and $0/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: #20240080880
Listing Office:
Office Name: U.S. Investor Group
Office Phone: (313) 644-0034
Listing Agent: Hasson Hammoud
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.
$916
Per Month
Principal & Interest
$849
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
$576
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
3
/10
Bagley Elementary School of Journalism and Technology
8100 Curtis St
Distance between this listing and this school0.58 miles
Public District Grades PK-6
1
/10
Adamsyoung Building
13130 Grove St
Distance between this listing and this school0.86 miles
Public Charter Grades KG-5
2
/10
Pasteur Elementary School
19811 Stoepel St
Distance between this listing and this school1.60 miles
Public District Grades PK-6
Nearby Schools
1
/10
Schulze Academy for Technology and Arts
10700 Santa Maria St
Distance between this listing and this school0.53 miles
Public District Grades PK-8
1
/10
Mary McLeod Bethune Elementary-Middle School
8145 Puritan St
Distance between this listing and this school0.69 miles
Public Magnet Grades PK-8
3
/10
Martin Luther King Jr Education Center Academy
16827 Appoline St
Distance between this listing and this school0.70 miles
Public Charter Grades KG-8
Nearby Schools
4
/10
The School at Marygrove
8425 W McNichols Rd
Distance between this listing and this school0.27 miles
Public District Grades 9-12
2
/10
Mumford High School
17525 Wyoming St
Distance between this listing and this school0.40 miles
Public Magnet Grades 9-12
3
/10
David Ellis Academy
18977 Schaefer Hwy
Distance between this listing and this school1.40 miles
The neighbors living near this home have an average income of $39,780. Residents of Detroit, MI typically earn between $35k-100k each year. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 17159 Indiana St
What is the listing price of this property?
The listing price of 17159 Indiana St property is $170,000.
What type of property is this?
The property 17159 Indiana St is a house located in Detroit, Michigan, 48221.
Is this property for sale now?
Active Listing: 17159 Indiana St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $1,167 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 17159 Indiana St has 4 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 17159 Indiana St is 2,307 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 17159 Indiana St is 1927.
This home is located at 17159 Indiana St in Detroit, MI and zip code 48221 in the Bagley neighborhood. This 2,307 square foot home, which was built in 1927, sits on a 0.09 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $170,000.
In October 2024, from all listings sold in Detroit, MI there were more than 125 sold above asking price, over 257 sold below and more than 93 were sold right at the asked price. In October 2024 in Detroit, MI there were 11.2% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $85,000, while the average time on the real estate market was 45 days.
From Rocket Homes Real Estate and based on county public records data.