4 months on rocket

1947 Gladstone St, Detroit, MI, 48206

$220,000

Home List Price

$2,613*

Closing Credit

0 Baths
Multi

Location

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1947 Gladstone St, Detroit$220,000

Buyer Closing Credits

$2,613*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingPaved
Year Built1920
HeatingForced Air
BasementYes
MLS #24036176
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: iTech Realty
  • Office Phone: (586) 262-6757
  • Listing Agent: Kingsley Ifezue

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Paved

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Forced Air

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: $220,000

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

$73

Avg. Days On Market

45

# of Sold Homes

475

1947 Gladstone St vs Detroit

124 DAYS ON ROCKET

+79 Days

$220,000

+$135K More

KEY TAKEAWAY

This property is $135K more than the Median Sold Price in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24036176

Listing Office:

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

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, 1:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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

$1,166

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$726

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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-454508
2
/10

  • University Preparatory Art Design Elementary School

  • 10225 3rd St

  • 0.97 miles

  • Public Charter Grades KG-5

school-card-donut-454509
1
/10

  • University Preparatory Academy (PSAD) Elementary School

  • 957 Holden St

  • 1.36 miles

  • Public Charter Grades KG-5

school-card-donut-454510
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. Most families are 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

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 $220,000.

In October 2024 more than 125 listings in Detroit, MI were sold above the asking price. During the same period more than 93 listings were sold at asking price, while more than 257 were sold below. The number of homes for sale in Detroit, MI increased by 11.2% between September 2024 and October 2024. While the average time on the market in October 2024 was 45 days, the median list price was $85,000.

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

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