2 months on rocket

3224 Webb St, Detroit, MI, 48206

$129,900

Home List Price

$1,543*

Closing Credit

3 Full Baths
3,416 SqFt
$38/SqFt
Multi

Location

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3224 Webb St, Detroit$129,900

Buyer Closing Credits

$1,543*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1925
HeatingNatural Gas, Hot Water
BasementYes
MLS #20240067166
Lot Size0.11 Acres
StatusActive

About 3224 Webb St

Prime multi-family property at 3224 Webb Street, Detroit, featuring two spacious units with 3 bedrooms, 1 bathroom, and large living/dining rooms in each. Previous tenants paid $1,200 per unit, with potential to earn even more. Fully renovated investment opportunity with a newer roof, windows, electrical, and plumbing. Minor fire damage in one first-floor bedroom, but overall solid condition. Very motivated seller, priced to sell! Perfect for investors seeking quick returns in one of the city's hottest areas. Sold as-is—don’t miss this high-ROI opportunity!

Property Details

Property Features

Property Information:

  • Architectural Style: Duplex
  • Year Built: 1925
  • Stories: 2
  • Living Area: 3,416 SqFt

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (888) 501-7085
  • Listing Agent: Ronnie Alauddin

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water

Other

Directions Information:

  • Directions: N Of Dexter And W Of Wildemere

Price Information

Listing Price Info

Price Summary:

  • List Price: $129,900
  • Price Per SqFt: $38/SqFt

Tax Information:

  • Annual Amount: $2,015
  • 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

3224 Webb St vs Detroit

69 DAYS ON ROCKET

+24 Days

$129,900

+$44.9K More

$38/SqFt

-$36 Less

KEY TAKEAWAY

This property is $44.9K more than the Median Sold Price and $36/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: #20240067166

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (888) 501-7085
  • Listing Agent: Ronnie Alauddin

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

Listing History

Apr 27, 2021Home Sold
$37,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,015$22,500
2020$1,314$20,800
2018$1,314$18,600
2017$1,308$19,000

History based on county public records data.

Payment Calculator

$716

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$456

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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-435394
2
/10

  • University Preparatory Art Design Elementary School

  • 10225 3rd St

  • 1.51 miles

  • Public Charter Grades KG-5

school-card-donut-435395
1
/10

  • George Washington Carver Elementary School

  • 14510 2nd Ave

  • 2.13 miles

  • Public Charter Grades PK-4

school-card-donut-435396
2
/10

  • Barton Elementary School

  • 8530 Joy Rd

  • 2.22 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 $26,154. Typical income of Detroit, MI residents is less than $35k annually. 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›48206›3224 Webb St

This home is located at 3224 Webb St in Detroit, MI and zip code 48206 in the Midtown neighborhood. This 3,416 square foot home, which was built in 1925, sits on a 0.11 acre lot. Features: 3 bathrooms. It has been listed on Rocket Homes since September 08, 2024 and is currently priced at $129,900.

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. The inventory of homes for sale in Detroit, MI between September 2024 and October 2024 increased 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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