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2908 Elmwood St, Detroit, MI, 48207

$175,000

Home List Price

$2,078*

Closing Credit

2 Full Baths, 2 Partial
3,188 SqFt
$55/SqFt
Multi

Location

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2908 Elmwood St, Detroit$175,000

Buyer Closing Credits

$2,078*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1908
HeatingNatural Gas, Hot Water
BasementYes
MLS #20240077819
Lot Size0.10 Acres
StatusActive

About 2908 Elmwood St

PRIME LOCATION NEAR DOWNTOWN CENTRAL BUSINESS DISTRICT AND EASTERN MARKET. LARGE DUPLEX WITH 4 BEDROOMS AND A LOFT IN EACH UNIT. 1.5 BATHROOM IN EACH UNIT. SEPARATE UTILITIES. NEEDS RENOVATIONS AND REHAB. EXCELLENT INCOME PRODUCER OR LIVE IN ONE UNIT AND RENT OUT THE OTHER UNIT. VERY SPACIOUS THROUGHOUT.

Property Details

Property Features

Property Information:

  • Architectural Style: Duplex, A-Frame
  • Year Built: 1908
  • Stories: 3
  • Living Area: 3,188 SqFt

Listing Office:

  • Office Name: Leboursia Realty Group
  • Office Phone: (313) 861-2626
  • Listing Agent: Quinnon L Martin III

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water

Other

Directions Information:

  • Directions: E. Vernor to Elmwood

Price Information

Listing Price Info

Price Summary:

  • List Price: $175,000
  • Price Per SqFt: $55/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

2908 Elmwood St vs Detroit

40 DAYS ON ROCKET

-5 Days

$175,000

+$90K More

$55/SqFt

-$19 Less

KEY TAKEAWAY

This property is $90K 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: #20240077819

Listing Office:

  • Office Name: Leboursia Realty Group
  • Office Phone: (313) 861-2626
  • Listing Agent: Quinnon L Martin III

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: 11/23/2024, 11:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021 - $21,300

History based on county public records data.

Payment Calculator

$941

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$591

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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-1008393
3
/10

  • University Preparatory Science and Math Elementary School

  • 2251 Antietam Ave

  • 0.59 miles

  • Public Charter Grades KG-5

school-card-donut-1008394
1
/10

  • Detroit Academy of Arts and Sciences

  • 2985 E Jefferson Ave

  • 1.06 miles

  • Public Charter Grades KG-5

school-card-donut-1008395
8
/10

  • Chrysler Elementary School

  • 1445 E Lafayette St

  • 1.27 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 $16,098. Typical income of Detroit, MI residents is less than $35k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48207›2908 Elmwood St

This home is located at 2908 Elmwood St in Detroit, MI and zip code 48207 in the McDougall-Hunt neighborhood. This 3,188 square foot home, which was built in 1908, sits on a 0.10 acre lot. Features: 4 bathrooms. It has been listed on Rocket Homes since October 15, 2024 and is currently priced at $175,000.

While more than 125 listings in Detroit, MI in October 2024 were sold above asking price, there were more than 93 listings sold at asking price, and more than 257 were sold below. Between September 2024 and October 2024, Detroit, MI real estate market has seen increase in the number of listings by 11.2%. 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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