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3137 Garfield St, Detroit, MI, 48207

$64,000

Home List Price

$760*

Closing Credit

0 Baths
Multi

Location

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3137 Garfield St, Detroit$64,000

Buyer Closing Credits

$760*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1914
HeatingForced Air, Hot Water
CoolingNone
BasementYes
MLS #24054583
Lot Size0.13 Acres
StatusActive

About 3137 Garfield St

Upper/Lower Flat could be a great Airbnb, rental, or live in one and rent the other. Bring your paint brush and build sweat equity. Area rents are around $1,000 so live in one unit and let your tenant pay! The house needs work. New flooring, paint, kitchen remodel and bath updates. The price is right for someone handy or an investor who wants to live close to downtown! The neighborhood is transitioning and this is the right time and the right price to buy. BOTH units are included for only $64,000.

Property Details

Property Features

Property Information:

  • Year Built: 1914

Listing Office:

  • Office Name: Nextpointe Real Estate Service
  • Office Phone: (248) 298-5000
  • Listing Agent: Jaye Sanders

Interior Features

Interior Information:

  • Basement: Yes

Lot Features

Lot Information:

  • Lot: Sidewalk
  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Hot Water
  • Cooling: None

Other

Directions Information:

  • Directions: Off McDougall near Canfield between Forest and Canfield.

Price Information

Listing Price Info

Price Summary:

  • List Price: $64,000

Tax Information:

  • Annual Amount: $2,358
  • Tax Year: 2021
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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

3137 Garfield St vs Detroit

38 DAYS ON ROCKET

-7 Days

$64,000

-$21K Less

KEY TAKEAWAY

This property is $21K less than the Median Sold Price in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24054583

Listing Office:

  • Office Name: Nextpointe Real Estate Service
  • Office Phone: (248) 298-5000
  • Listing Agent: Jaye Sanders

Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
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, 9:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,358 -
2020$846$19,000
2018$846$18,700
2017$844$18,600

History based on county public records data.

Payment Calculator

$387

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$258

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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-988220
3
/10

  • University Preparatory Science and Math Elementary School

  • 2251 Antietam Ave

  • 1.16 miles

  • Public Charter Grades KG-5

school-card-donut-988221
8
/10

  • Chrysler Elementary School

  • 1445 E Lafayette St

  • 1.84 miles

  • Public District Grades KG-5

school-card-donut-988222
2
/10

  • Oakland International Academy Elementary School

  • 4001 Miller St

  • 1.84 miles

  • Public Charter Grades 2-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $9,571. Residents of Detroit, MI typically earn less than $35k each year. The majority of families are 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›48207›3137 Garfield St

This home is located at 3137 Garfield St in Detroit, MI and zip code 48207 in the Downtown neighborhood. This home, which was built in 1914, sits on a 0.13 acre lot. It has been listed on Rocket Homes since October 16, 2024 and is currently priced at $64,000.

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%. 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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