5 months on rocket

319 E Edsel Ford Fwy, Detroit, MI, 48202

$399,000

Home List Price

$4,738*

Closing Credit

14 Full Baths
9,226 SqFt
$43/SqFt
Multi

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

319 E Edsel Ford Fwy, Detroit$399,000

Buyer Closing Credits

$4,738*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingOn Street
Year Built1914
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240034614
Lot Size0.15 Acres
StatusActive

About 319 E Edsel Ford Fwy

Fourteen unit multi-family project is a full rehab, perfect for visionary investors ready to transform and elevate this structure. The property needs a full gut renovation, clean out and stabilization. Located in the Midtown neighborhood, on the border of Milwaukee Junction. Floors 1-3 are currently configured to have 4 units on each floor. The basement has two apartments. Opportunity Zone.

Property Details

Property Features

Property Information:

  • Architectural Style: Common Entry Building
  • Year Built: 1914
  • Stories: 3
  • Living Area: 9,226 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices The Loft Warehouse
  • Office Phone: (313) 658-6400
  • Listing Agent: Jan Dijkers

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 14

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Lighting

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: Woodward to 94 Service drive, east, at corner of Brush and 94 service drive

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,000
  • Price Per SqFt: $43/SqFt

Tax Information:

  • Annual Amount: $5,736
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

Detroit, MI

City

Med. Sold Price

$85K

Med. Price/SqFt

$73

Avg. Days On Market

45

# of Sold Homes

475

319 E Edsel Ford Fwy vs Detroit

171 DAYS ON ROCKET

+126 Days

$399,000

+$314K More

$43/SqFt

-$31 Less

KEY TAKEAWAY

This property is $314K more than the Median Sold Price and $31/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: #20240034614

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices The Loft Warehouse
  • Office Phone: (313) 658-6400
  • Listing Agent: Jan Dijkers

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, 2:20:53 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$5,736$188,000
2020$3,374$167,900
2018$3,374$58,700
2017$9,404$50,600

History based on county public records data.

Payment Calculator

$2,059

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,263

Powered By

Rocket Mortgage

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-522614
2
/10

  • University Preparatory Academy Psad Elementary School

  • 435 Amsterdam St

  • 0.41 miles

  • Public Charter Grades KG-5

school-card-donut-522615
1
/10

  • University Preparatory Academy (PSAD) Elementary School

  • 957 Holden St

  • 0.67 miles

  • Public Charter Grades KG-5

school-card-donut-522616
2
/10

  • University Preparatory Art Design Elementary School

  • 10225 3rd St

  • 1.99 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 $22,545. Residents of Detroit, MI typically earn less than $35k each year. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48202›319 E Edsel Ford Fwy

This home is located at 319 E Edsel Ford Fwy in Detroit, MI and zip code 48202 in the Midtown neighborhood. This 9,226 square foot home, which was built in 1914, sits on a 0.15 acre lot. Features: 14 bathrooms. It has been listed on Rocket Homes since May 30, 2024 and is currently priced at $399,000.

In October 2024 more than 125 listings in Detroit, MI were sold above the asking price. During the same period more than 93 listings were sold at asking price, while more than 257 were sold below. 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.

More Resources