12 days on rocket

2405 Field St, Detroit, MI, 48214

$299,999

Home List Price

$3,562*

Closing Credit

3 Full Baths, 1 Partial
4,646 SqFt
$65/SqFt
Multi

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

2405 Field St, Detroit$299,999

Buyer Closing Credits

$3,562*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
Year Built1914
HeatingOther, Radiant
BasementYes
MLS #20240083101
Lot Size0.16 Acres
StatusActive

About 2405 Field St

Welcome to 2405 Field – A Unique Income-Generating Triplex in Detroit's Thriving Islandview Neighborhood! Discover an extraordinary investment opportunity with this distinctive triplex, boasting four units across three levels in the sought-after Islandview area, right next to the historic Indian Village. This property is designed to attract long-term tenants, making it an ideal addition to any real estate portfolio. Property features: One spacious 2-bedroom, 1-bathroom unit Two 1-bedroom units with a shared "boarding school" style bathroom, maximizing functionality One 3-bedroom, 1-bathroom unit for additional rental potential Recent improvements ensure peace of mind for future ownership, including a new roof installed in August 2023 and a 7-year-old boiler and hot water tank. Located in an area experiencing growth and revitalization, 2405 Field offers a promising investment in a burgeoning community with increasing demand. Don’t miss your chance to secure a high-potential asset in an exciting Detroit neighborhood. BATVAI

Property Details

Property Features

Property Information:

  • Architectural Style: Victorian
  • Year Built: 1914
  • Stories: 3
  • Living Area: 4,646 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices The Loft Warehouse
  • Office Phone: (313) 658-6400
  • Listing Agent: James Byrd

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Other, Radiant

Other

Directions Information:

  • Directions: Gratiot to Vernor turn left at Field

Price Information

Listing Price Info

Price Summary:

  • List Price: $299,999
  • Price Per SqFt: $65/SqFt

Tax Information:

  • Annual Amount: $1,861
  • Tax Year: 2021
House and calculator

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.

Map thumbnail provided by MapBox

Detroit, MI

City

Med. Sold Price

$85K

Med. Price/SqFt

$73

Avg. Days On Market

45

# of Sold Homes

475

2405 Field St vs Detroit

12 DAYS ON ROCKET

-33 Days

$299,999

+$214.9K More

$65/SqFt

-$9 Less

KEY TAKEAWAY

This property is $214.9K more than the Median Sold Price and $9/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: #20240083101

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices The Loft Warehouse
  • Office Phone: (313) 658-6400
  • Listing Agent: James Byrd

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: 11/17/2024, 11:20:52 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$1,861 -
2020$1,217$32,200
2018$1,217$22,700
2017$1,216$23,300

History based on county public records data.

Payment Calculator

$1,565

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$966

Powered By

Rocket Mortgage

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-461204
1
/10

  • Detroit Academy of Arts and Sciences

  • 2985 E Jefferson Ave

  • 1.34 miles

  • Public Charter Grades KG-5

school-card-donut-461205
3
/10

  • University Preparatory Science and Math Elementary School

  • 2251 Antietam Ave

  • 1.37 miles

  • Public Charter Grades KG-5

school-card-donut-461206
8
/10

  • Chrysler Elementary School

  • 1445 E Lafayette St

  • 1.92 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,846. The most common annual income of people living in Detroit, MI is less than $35k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48214›2405 Field St

This home is located at 2405 Field St in Detroit, MI and zip code 48214 in the Lower East neighborhood. This 4,646 square foot home, which was built in 1914, sits on a 0.16 acre lot. Features: 4 bathrooms. It has been listed on Rocket Homes since November 04, 2024 and is currently priced at $299,999.

Detroit, MI housing market in October 2024 saw over 125 listings sold above listed price, more than 93 sold at listed price and over 257 sold below. The inventory of homes for sale in Detroit, MI between September 2024 and October 2024 increased by 11.2%. 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.

More Resources