5 months on rocket

1947 Gladstone St, Detroit, MI, 48206

$175,000

Home List Price

$2,078*

Closing Credit

0 Baths
Multi

Location

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1947 Gladstone St, Detroit$175,000

Buyer Closing Credits

$2,078*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingPaved
Year Built1920
HeatingForced Air, Natural Gas
BasementYes
MLS #81024036176
Lot Size0.11 Acres
StatusActive

About 1947 Gladstone St

Investor Special: Charming 2-Unit Brick Townhouse in Midtown Detroit**Welcome to this exceptional 2-unit brick townhouse, an ideal investment opportunity in the vibrant Midtown Detroit neighborhood. Each spacious unit offers 1,250 square feet of living space, featuring 3 bedrooms and 1 bathroom.**Key Features:**- **Newer HVAC System**: Enjoy reliable and efficient heating and cooling.- **Beautiful Hardwood Floors**: Adds warmth and character to each unit.- **Generous Space**: Each unit boasts a generous 1,250 sqft layout.- **Prime Location**: Situated in the bustling Midtown Detroit area, close to shops, dining, and entertainment.Perfect for investors looking to capitalize on the thriving Detroit real estate market, this property promises strong rental potential and l

Property Details

Property Features

Property Information:

  • Year Built: 1920

Listing Office:

  • Office Name: Detroit Metro Realty
  • Office Phone: (586) 262-6757
  • Listing Agent: Kingsley Ifezue

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: Paved

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: Head southeast on M-10 S then take exit 5A toward Pallister Ave. Slight right to merge onto John C Lodge Service Dr and turn right onto Pallister continue straight onto 12th St/Rosa Parks Blvd then turn left onto Gladstone St. Your destination will be on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $175,000

Tax Information:

  • Annual Amount: $2,119
  • 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

1947 Gladstone St vs Detroit

155 DAYS ON ROCKET

+106 Days

$175,000

+$89.9K More

KEY TAKEAWAY

This property is $89.9K 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: #81024036176

Listing Office:

  • Office Name: Detroit Metro Realty
  • Office Phone: (586) 262-6757
  • Listing Agent: Kingsley Ifezue

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

Tax History

YEARPROP. TAXASSESSMENT
2021$2,119$21,400
2020$1,381$18,700
2018$1,381$12,200
2017$1,375$11,800

History based on county public records data.

Payment Calculator

$941

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$591

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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-4462026
2
/10

  • University Preparatory Art Design Elementary School

  • 10225 3rd St

  • 0.97 miles

  • Public Charter Grades KG-5

school-card-donut-4462027
1
/10

  • University Preparatory Academy (PSAD) Elementary School

  • 957 Holden St

  • 1.36 miles

  • Public Charter Grades KG-5

school-card-donut-4462028
2
/10

  • University Preparatory Academy Psad Elementary School

  • 435 Amsterdam St

  • 1.41 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 $23,980. The most common annual income of people living in Detroit, MI is less than $35k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48206›1947 Gladstone St

This home is located at 1947 Gladstone St in Detroit, MI and zip code 48206 in the Rosa Parks neighborhood. This home, which was built in 1920, sits on a 0.11 acre lot. It has been listed on Rocket Homes since July 15, 2024 and is currently priced at $175,000.

While more than 94 listings in Detroit, MI in November 2024 were sold above asking price, there were more than 55 listings sold at asking price, and more than 247 were sold below. In November 2024 in Detroit, MI there were 2% more homes for sale than in October 2024. 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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