4 months on rocket

2625 Clements, Detroit, MI, 48238

$65,000

Home List Price

$772*

Closing Credit

2 Full Baths
2,700 SqFt
$24/SqFt
Multi

Location

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2625 Clements, Detroit$65,000

Buyer Closing Credits

$772*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOn Street
Year Built1927
HeatingNatural Gas, Radiant
BasementYes
MLS #20240049555
Lot Size0.09 Acres
StatusActive

About 2625 Clements

This multi family home is in need of some tender loving care, making it the perfect investment property for someone looking to renovate and increase its value. The foundation is made of sturdy brick, providing a solid base for any improvements that may be needed. With some updates and repairs, this property has the potential to generate rental income for years to come. Don't miss out on this opportunity to turn this diamond in the rough into a profitable investment.

Property Details

Property Features

Property Information:

  • Architectural Style: Duplex
  • Year Built: 1927
  • Stories: 2
  • Living Area: 2,700 SqFt

Listing Office:

  • Office Name: KW Grosse Pointe
  • Office Phone: (313) 886-7239
  • Listing Agent: Tahnaeja Scott

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Radiant

Other

Directions Information:

  • Directions: Davison St W and Livernois Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $65,000
  • Price Per SqFt: $24/SqFt
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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

2625 Clements vs Detroit

121 DAYS ON ROCKET

+76 Days

$65,000

-$20K Less

$24/SqFt

-$50 Less

KEY TAKEAWAY

This property is $20K less than the Median Sold Price and $50/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: #20240049555

Listing Office:

  • Office Name: KW Grosse Pointe
  • Office Phone: (313) 886-7239
  • Listing Agent: Tahnaeja Scott

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

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$392

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$261

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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-316563
1
/10

  • George Washington Carver Elementary School

  • 14510 2nd Ave

  • 1.47 miles

  • Public Charter Grades PK-4

school-card-donut-316564
2
/10

  • University Preparatory Art Design Elementary School

  • 10225 3rd St

  • 1.61 miles

  • Public Charter Grades KG-5

school-card-donut-316565
3
/10

  • Bagley Elementary School of Journalism and Technology

  • 8100 Curtis St

  • 2.65 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $25,385. The majority of Detroit, MI residents have income less than $35k annually. Residents typically live in single, no kids family. 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›48238›2625 Clements

This home is located at 2625 Clements in Detroit, MI and zip code 48238 in the Midtown neighborhood. This 2,700 square foot home, which was built in 1927, sits on a 0.09 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since July 19, 2024 and is currently priced at $65,000.

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. In October 2024 in Detroit, MI there were 11.2% more homes for sale than in September 2024. In October 2024, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $85,000.

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

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