3 months on rocket

274 Lenox St NE, Detroit, MI, 48215

$225,000

Home List Price

$2,672*

Closing Credit

2 Full Baths
2,668 SqFt
$84/SqFt
Multi

Location

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274 Lenox St NE, Detroit$225,000

Buyer Closing Credits

$2,672*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOn Street
Year Built1928
HeatingNatural Gas, Hot Water
BasementYes
MLS #20240057524
Lot Size0.11 Acres
StatusActive

About 274 Lenox St NE

Nestled in a promising, developing area, this versatile two-family home offers a prime opportunity for both investors and homeowners. Steps away from the scenic Detroit Riverwalk and conveniently close to Jefferson Avenue, the location boasts easy access to amenities, dining, and entertainment. The spacious first and second floor units are vacant and ready for customization or a new tenant. Whether you want to invest or settle into a vibrant community, this property offers a blend of urban living and future growth. Don't miss out on this opportunity.

Property Details

Property Features

Property Information:

  • Architectural Style: Upper/Lower Apartment
  • Year Built: 1928
  • Stories: 2
  • Living Area: 2,668 SqFt

Listing Office:

  • Office Name: National Realty Centers, Inc
  • Office Phone: (248) 468-1444
  • Listing Agent: Martique Duncan

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: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water

Other

Directions Information:

  • Directions: E. Jefferson went to Dickerson and continued to Lenox.

Price Information

Listing Price Info

Price Summary:

  • List Price: $225,000
  • Price Per SqFt: $84/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

274 Lenox St NE vs Detroit

93 DAYS ON ROCKET

+48 Days

$225,000

+$140K More

$84/SqFt

+$10 More

KEY TAKEAWAY

This property is $140K more than the Median Sold Price and $10/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: #20240057524

Listing Office:

  • Office Name: National Realty Centers, Inc
  • Office Phone: (248) 468-1444
  • Listing Agent: Martique Duncan

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: 11/21/2024, 4:20:52 PM 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.

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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-360926
6
/10

  • George Defer Elementary School

  • 15425 Kercheval Ave

  • 1.64 miles

  • Public District Grades KG-5

school-card-donut-360927
1
/10

  • Marvin L Winans Academy Elementary School

  • 9740 McKinney St

  • 3.71 miles

  • Public Charter Grades KG-5

school-card-donut-360928
1
/10

  • Wayne Elementary School

  • 10633 Courville St

  • 3.90 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,804. Typical income of Detroit, MI residents is less than $35k annually. 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›48215›274 Lenox St NE

This home is located at 274 Lenox St NE in Detroit, MI and zip code 48215 in the Lower East neighborhood. This 2,668 square foot home, which was built in 1928, sits on a 0.11 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since August 20, 2024 and is currently priced at $225,000.

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 number of listings in Detroit, MI increased by 11.2% between September 2024 and October 2024. Listings spent 45 days on the market in October 2024, and had a median list price of $85,000 during the same period.

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

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