1 month on rocket

316 Hendrie St, Detroit, MI, 48202

$490,000

Home List Price

$5,819*

Closing Credit

3 Full Baths
3,700 SqFt
$132/SqFt
Multi

Location

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316 Hendrie St, Detroit$490,000

Buyer Closing Credits

$5,819*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingAssigned Spaces
Year Built1914
HeatingNatural Gas, Hot Water
CoolingCeiling Fan(s)
BasementYes
MLS #20240080309
StatusActive

About 316 Hendrie St

Welcome to this beautifully renovated duplex, located in the heart of Detroit's Cultural Center! This spacious 3 unit investment property blends modern amenities with classic charm, featuring brand-new stainless steel appliances, and on-site laundry for your convenience. First 2 floors are 3 bed 1 bath units with spacious bedrooms and living spaces, 3rd floor is a studio unit with a kitchen and full bathroom, can be turned into a triplex. Everything in this property has been completely renovated and brand new including appliances, hot water heaters, furnace, and washers/dryers. Outside space is free parking in the backyard with new paved patio. Ready to rent immediately for income investors. Just a short walk to the Detroit Institute of Arts (DIA), local restaurants, grocery stores, and both Henry Ford and DMC hospitals, you'll enjoy the best of city living. Perfect for professionals or anyone looking to be close to it all! PROPERTY IS BEING SOLD 316/314 HENDRIE

Property Details

Property Features

Property Information:

  • Architectural Style: Duplex
  • Year Built: 1914
  • Stories: 3
  • Living Area: 3,700 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices The Loft Warehouse
  • Office Phone: (313) 658-6400
  • Listing Agent: Mary Rose Maher

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Laundry Facility

Bedroom and Bathroom Information:

  • Full Bathrooms: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: Assigned Spaces

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water
  • Cooling: Ceiling Fan(s)

Other

Directions Information:

  • Directions: Second house on corner of Brush and Hendrie

Price Information

Listing Price Info

Price Summary:

  • List Price: $490,000
  • Price Per SqFt: $132/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

316 Hendrie St vs Detroit

32 DAYS ON ROCKET

-13 Days

$490,000

+$405K More

$132/SqFt

+$58 More

KEY TAKEAWAY

This property is $405K more than the Median Sold Price and $58/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: #20240080309

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices The Loft Warehouse
  • Office Phone: (313) 658-6400
  • Listing Agent: Mary Rose Maher

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: 11/24/2024, 9:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$2,513

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,536

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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-1235989
2
/10

  • University Preparatory Academy Psad Elementary School

  • 435 Amsterdam St

  • 0.45 miles

  • Public Charter Grades KG-5

school-card-donut-1235990
1
/10

  • University Preparatory Academy (PSAD) Elementary School

  • 957 Holden St

  • 0.67 miles

  • Public Charter Grades KG-5

school-card-donut-1235991
3
/10

  • University Preparatory Science and Math Elementary School

  • 2251 Antietam Ave

  • 2.07 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,063. Residents of Detroit, MI typically earn less than $35k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48202›316 Hendrie St

This home is located at 316 Hendrie St in Detroit, MI and zip code 48202 in the Downtown neighborhood. This 3,700 square foot home was built in 1914. Features: 3 bathrooms. It has been listed on Rocket Homes since October 23, 2024 and is currently priced at $490,000.

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. The number of homes for sale 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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