Built in 1900, this charming historic duplex features two 3 bedroom units. Each unit features hardwood floors throughout, 1 full bath, separate basements and attics. Here’s your chance to invest in a prime location within Detroit’s vibrant Eastern Market and Heidelberg Project Artist Community. This property offers loads of potential to create housing that supports the city’s dynamic arts and culture scene. Situated in the McDougall-Hunt neighborhood, an up-and-coming destination for young professionals and creatives, this property is ready for transformation. This property has good bones, but in need of a rehab, providing the perfect canvas for a savvy investor or developer to add their own creative vision. Whether you’re looking to create unique, artist-inspired living spaces or modern residences for the growing community, this property offers endless possibilities. Don’t miss out on the opportunity to be part of the revitalization of one of Detroit’s most exciting and fast-evolving neighborhoods. Contact us today to learn more about this affordable rehab opportunity!
Property Details
Property Features
Property Information:
Architectural Style: Historic, Townhouse
Year Built: 1900
Living Area: 2,804 SqFt
Listing Office:
Office Name: Historic Realty Detroit
Office Phone: (313) 752-0533
Listing Agent: Jason Hill
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 2
Exterior Features
Exterior Information:
Exterior: Awnings, PrivateEntrance
Parking Information:
Attached Garage: No
Parking: Garage
Lot Features
Lot Information:
Lot Size: 0.10 Acres
Utilities
Utilities Information:
Heating: Hot Water, Natural Gas
Other
Directions Information:
Directions: I-75 to Mack, Mack to Mt. Elliott
Price Information
Listing Price Info
Price Summary:
List Price: $88,000
Price Per SqFt: $31/SqFt
Tax Information:
Annual Amount: $1,150
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 $2.9K more than the Median Sold Price and $37/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: #20240084832
Listing Office:
Office Name: Historic Realty Detroit
Office Phone: (313) 752-0533
Listing Agent: Jason Hill
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.
$507
Per Month
Principal & Interest
$440
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
$330
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
3
/10
University Preparatory Science and Math Elementary School
2251 Antietam Ave
Distance between this listing and this school0.80 miles
Public Charter Grades KG-5
1
/10
Detroit Academy of Arts and Sciences
2985 E Jefferson Ave
Distance between this listing and this school1.16 miles
Public Charter Grades KG-5
8
/10
Chrysler Elementary School
1445 E Lafayette St
Distance between this listing and this school1.47 miles
Public District Grades KG-5
Nearby Schools
7
/10
The James and Grace Lee Boggs School
4141 Mitchell St
Distance between this listing and this school0.67 miles
Public Charter Grades KG-8
1
/10
Bunche Preparatory Academy
2715 Macomb St
Distance between this listing and this school0.91 miles
Public District Grades PK-8
5
/10
Detroit Edison Public School Academy
1903 Wilkins St
Distance between this listing and this school0.94 miles
Public Charter Grades PK-8
Nearby Schools
6
/10
Detroit Edison Public School Academy High School
3402 Saint Aubin St
Distance between this listing and this school0.94 miles
Public Charter Grades 9-12
3
/10
Martin Luther King Jr. Senior High School
3200 E Lafayette St
Distance between this listing and this school1.04 miles
Public District Grades 9-12
3
/10
University Preparatory Science and Math (PSAD) High School
2664 Franklin St
Distance between this listing and this school1.40 miles
The neighbors living near this home have an average income of $16,098. The most common annual income of people living in Detroit, MI is less than $35k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
This home is located at 3639 Arndt St in Detroit, MI and zip code 48207 in the McDougall-Hunt neighborhood. This 2,804 square foot home, which was built in 1900, sits on a 0.10 acre lot. Features: 3 bathrooms. It has been listed on Rocket Homes since December 02, 2024 and is currently priced at $88,000.
Over 94 listings were sold over their listed price in November 2024 in Detroit, MI. In the same period over 247 listings were sold below the listed price and 55 listings were sold for the listed price. The number of listings in Detroit, MI increased by 2% between October 2024 and November 2024. The median list price of listings available in November 2024 was $85,016, while the average time on the real estate market was 49 days.
From Rocket Homes Real Estate and based on county public records data.