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Backup Offers

2309 Monterey St, Detroit, MI, 48206

$89,999

Home List Price

$1,069*

Closing Credit

2 Full Baths
1,848 SqFt
$49/SqFt
Multi

Location

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2309 Monterey St, Detroit$89,999

Buyer Closing Credits

$1,069*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOnStreet
Year Built1923
HeatingHot Water, Natural Gas
BasementYes
MLS #20240085653
Lot Size0.07 Acres
StatusAccepting Backup Offers

About 2309 Monterey St

This well-maintained two-family property is a prime investment opportunity. 2311 (unit) is already generating steady income with a lease in place until June 2025. Recent updates throughout the property provide peace of mind and reduced maintenance costs for years to come. Recent Upgrades Include: New Roof (2024) Updated Furnaces (2023) New Water Heater (2023) Upgraded Plumbing (2023) Renovated Bathrooms (2023) Modernized Electrical Systems (2024) The downstairs unit is currently vacant, offering immediate rental income potential or owner-occupancy. With all these upgrades and a competitive price, this property is truly priced to sell! Don’t miss out on this fantastic investment—schedule a showing today!

Property Details

Property Features

Property Information:

  • Architectural Style: AFrame
  • Year Built: 1923
  • Living Area: 1,848 SqFt

Listing Office:

  • Office Name: Rickey McKiddy
  • Office Phone: (248) 270-5071
  • Listing Agent: TyYanna Sharp

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2

Exterior Features

Exterior Information:

  • Exterior: Balcony

Parking Information:

  • Attached Garage: No
  • Parking: OnStreet

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Hot Water, Natural Gas

Other

Directions Information:

  • Directions: Between linwood & 14th property is on a one-way st

Price Information

Listing Price Info

Price Summary:

  • List Price: $89,999
  • Price Per SqFt: $49/SqFt

Tax Information:

  • Annual Amount: $699
  • 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

2309 Monterey St vs Detroit

34 DAYS ON ROCKET

-15 Days

$89,999

+$4.9K More

$49/SqFt

-$19 Less

KEY TAKEAWAY

This property is $4.9K more than the Median Sold Price and $19/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: #20240085653

Listing Office:

  • Office Name: Rickey McKiddy
  • Office Phone: (248) 270-5071
  • Listing Agent: TyYanna Sharp

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, 4:21:02 AM 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 17, 2021Home Sold
$20,000
Feb 08, 2018Home Sold
$12,907

Tax History

YEARPROP. TAXASSESSMENT
2021$699$12,200
2020$703$11,200
2018$703$9,300
2017$701$9,700

History based on county public records data.

Payment Calculator

$517

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$336

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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-4380906
2
/10

  • University Preparatory Art Design Elementary School

  • 10225 3rd St

  • 0.98 miles

  • Public Charter Grades KG-5

school-card-donut-4380907
1
/10

  • George Washington Carver Elementary School

  • 14510 2nd Ave

  • 1.57 miles

  • Public Charter Grades PK-4

school-card-donut-4380908
2
/10

  • University Preparatory Academy Psad Elementary School

  • 435 Amsterdam St

  • 2.46 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 $19,205. The most common annual income of people living in Detroit, MI is less than $35k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48206›2309 Monterey St

This home is located at 2309 Monterey St in Detroit, MI and zip code 48206 in the Midtown neighborhood. This 1,848 square foot home, which was built in 1923, sits on a 0.07 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since November 13, 2024 and is currently priced at $89,999.

Over 94 listings were sold over their listed price in November 2024 in Detroit, MI. In the same period over 247 listings were sold below the listed price and 55 listings were sold for the listed price. Between October 2024 and November 2024, Detroit, MI real estate market has seen increase in the number of listings by 2%. In November 2024, listings were on the market for 49 days. During the same period, the median list price in this real estate market was $85,016.

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

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