1 month on rocket

2642 Webb St, Detroit, MI, 48206

$265,000

Home List Price

$3,147*

Closing Credit

3 Full Baths, 1 Partial
3,248 SqFt
$82/SqFt
Multi

Location

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2642 Webb St, Detroit$265,000

Buyer Closing Credits

$3,147*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1925
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240073523
Lot Size0.11 Acres
StatusActive

About 2642 Webb St

Discover this beautifully renovated multi-family unit featuring 6 spacious bedrooms and 3.5 baths, perfect for maximizing rental income or house hacking. Recent upgrades completed in 2023 include: New electric, plumbing, and heating systems for enhanced efficiency and peace of mind with a new driveway and landscaped backyard (2024). This property has been meticulously upgraded to meet city certification and Section 8 standards. Both units are currently tenant-occupied, making it a hassle-free investment right from day one. FHA and VA loans are welcome! Don’t miss out on this exceptional opportunity—schedule your showing today!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1925
  • Stories: 2
  • Living Area: 3,248 SqFt

Listing Office:

  • Office Name: Redfin Corporation
  • Office Phone: (248) 327-0275
  • Listing Agent: Jennie Avis

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Smoke Alarm, Carbon Monoxide Alarm(s), Laundry Facility

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Chimney Cap(s), Fenced

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: southeast on Linwood St toward Webb St - right onto Webb St

Price Information

Listing Price Info

Price Summary:

  • List Price: $265,000
  • Price Per SqFt: $82/SqFt

Tax Information:

  • Annual Amount: $3,227
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Detroit, MI.

Med. Sold Price

$85K

Med. Price/SqFt

$73

Avg. Days On Market

45

# of Sold Homes

475

2642 Webb St vs Detroit

43 DAYS ON ROCKET

-2 Days

$265,000

+$180K More

$82/SqFt

+$8 More

KEY TAKEAWAY

This property is $180K more than the Median Sold Price and $8/SqFt more 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: #20240073523

Listing Office:

  • Office Name: Redfin Corporation
  • Office Phone: (248) 327-0275
  • Listing Agent: Jennie Avis

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, 12:20:53 PM 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 22, 2017Home Sold
$47,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,227$22,100
2020$2,034$20,500
2018$2,034$19,600
2017$1,190$20,100

History based on county public records data.

Payment Calculator

$1,390

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$861

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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-392421
2
/10
  • University Preparatory Art Design Elementary School

  • 10225 3rd St

  • 1.22 miles

  • Public Charter Grades KG-5

school-card-donut-392422
1
/10
  • George Washington Carver Elementary School

  • 14510 2nd Ave

  • 1.90 miles

  • Public Charter Grades PK-4

school-card-donut-392423
1
/10
  • University Preparatory Academy (PSAD) Elementary School

  • 957 Holden St

  • 2.46 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,385. Typical income of Detroit, MI residents is between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas


Rocket Homes›Michigan›Wayne County›Detroit›48206›2642 Webb St

This home is located at 2642 Webb St in Detroit, MI and zip code 48206 in the Midtown neighborhood. This 3,248 square foot home, which was built in 1925, sits on a 0.11 acre lot. Features: 4 bathrooms. It has been listed on Rocket Homes since October 04, 2024 and is currently priced at $265,000.

Over 125 listings were sold over their listed price in October 2024 in Detroit, MI. In the same period over 257 listings were sold below the listed price and 93 listings were sold for the listed price. 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.

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