Attention investors or Homeowner who wants to live in one unit and collect rent from the 3 other units. Currently 3 out of 4 units occupied and professional managed by a management company. Each unit has 2 bedrooms and 1 full bath. Currently bringing in $2175 in rent with one vacant unit.
Property Details
Property Features
Property Information:
Architectural Style: Duplex
Year Built: 1926
Stories: 2
Living Area: 3,392 SqFt
Listing Office:
Office Name: Keller Williams Legacy
Office Phone: (313) 752-0000
Listing Agent: Omar Ghazzawi
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: 0.10 Acres
Utilities
Utilities Information:
Heating: Natural Gas, Hot Water
Other
Directions Information:
Directions: w of dickerson of conner
Price Information
Listing Price Info
Price Summary:
List Price: $209,900
Price Per SqFt: $62/SqFt
Tax Information:
Annual Amount: $516
Tax Year: 2021
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.
This property is $124.9K more than the Median Sold Price and $12/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: #20240056517
Listing Office:
Office Name: Keller Williams Legacy
Office Phone: (313) 752-0000
Listing Agent: Omar Ghazzawi
Disclaimer: 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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,115
Per Month
Principal & Interest
$1,048
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$696
Powered By
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
George Defer Elementary School
15425 Kercheval Ave
Distance between this listing and this school1.24 miles
Public District Grades KG-5
1
/10
Marvin L Winans Academy Elementary School
9740 McKinney St
Distance between this listing and this school2.25 miles
Public Charter Grades KG-5
1
/10
Wayne Elementary School
10633 Courville St
Distance between this listing and this school2.29 miles
Public District Grades PK-5
Nearby Schools
5
/10
Detroit Enterprise Academy
11224 Kercheval St
Distance between this listing and this school1.12 miles
Public Charter Grades KG-8
3
/10
Detroit Merit Charter Academy
1091 Alter Rd
Distance between this listing and this school1.16 miles
Public Charter Grades KG-8
3
/10
Barack Obama Leadership Academy
10800 E Canfield St
Distance between this listing and this school1.24 miles
Public Charter Grades KG-8
Nearby Schools
4
/10
Davis Aerospace Technical High School at Golightly
900 Dickerson St
Distance between this listing and this school1.02 miles
Public District Grades 9-12
3
/10
Southeastern High School
3030 Fairview St
Distance between this listing and this school1.04 miles
Public Magnet Grades 9-12
2
/10
Pathways Academy
11340 E Jefferson Ave
Distance between this listing and this school1.27 miles
The neighbors living near this home have an average income of $18,462. Residents of Detroit, MI typically earn less than $35k each year. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.
This home is located at 3458 Gray St in Detroit, MI and zip code 48215 in the Lower East neighborhood. This 3,392 square foot home, which was built in 1926, sits on a 0.10 acre lot. Features: 3 bathrooms. It has been listed on Rocket Homes since August 02, 2024 and is currently priced at $209,900.
In October 2024, from all listings sold in Detroit, MI there were more than 125 sold above asking price, over 257 sold below and more than 93 were sold right at the asked price. Between September 2024 and October 2024, Detroit, MI real estate market has seen increase in the number of listings by 11.2%. 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.