StatusAccepting Backup Offers (Active Under Contract)
About 408 S Detroit St
Rare opportunity!!! This all-brick duplex offers 3 bedrooms on each side with unit 412 featuring 1/2 bath on the first level. You will love the oversized living rooms, spacious dining rooms, and large kitchens. Additionally, all of the bedrooms are large with ample closet space. Both sides are currently rented and you can make immediate cash flow on your investment. Tenants pays all their own utilities. However, you can rent one side and live in the other side. This would allow you the ability to purchase an investment property with an owner occupant down payment. You must see this property to appreciate all it has to offer. Please note: Only 412 will be shown until under contract. Please do not disturb the tenant at 408 when viewing the property. Due to full occupancy, we require 24hrs notice to show
Property Details
Property Features
Property Information:
Year Built: 1929
Living Area: 2,620 SqFt
Listing Office:
Office Name: Johnson & Webb REALTORS
Office Phone: (937) 372-2626
Listing Agent: Freddie Webb
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 2
Total Bedroom Count: 6
Exterior Features
Exterior Information:
Exterior: Patio
Parking Information:
Parking: No Garage
Lot Features
Lot Information:
Lot Size: 0.16 Acres
Utilities
Utilities Information:
Heating: Forced Air, Natural Gas
Cooling: None
Other
Directions Information:
Directions: Main St turn right (south) on Detroit St. The duplex is on the right hand side on the hill.
Price Information
Listing Price Info
Price Summary:
List Price: $190,000
Price Per SqFt: $73/SqFt
Tax Information:
Annual Amount: $1,337
Tax Year: 2020
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 Xenia, OH.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,016
Per Month
Principal & Interest
$949
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
$636
Powered By
Advertisement
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
Cox Elementary School
506 Dayton Ave
Distance between this listing and this school0.93 miles
Public District Grades KG-5
6
/10
Shawnee Elementary School
92 E Ankeney Mill Rd
Distance between this listing and this school1.14 miles
Public District Grades KG-5
6
/10
Arrowood Elementary School
1588 Pawnee Dr
Distance between this listing and this school1.54 miles
Public District Grades KG-5
Nearby Schools
4
/10
Warner Middle School
600 Buckskin Trl
Distance between this listing and this school1.47 miles
Public District Grades 6-9
6
/10
Jacob Coy Middle School
1786 Dayton Xenia Rd
Distance between this listing and this school4.48 miles
Public District Grades 6-8
9
/10
Bellbrook Middle School
3600 Feedwire Rd
Distance between this listing and this school7.64 miles
Public District Grades 6-8
Nearby Schools
4
/10
Xenia High School
303 Kinsey Rd
Distance between this listing and this school2.04 miles
Public District Grades 9-12
8
/10
Beavercreek High School
2660 Dayton Xenia Rd
Distance between this listing and this school6.21 miles
Public District Grades 9-12
8
/10
Ferguson Hall Freshman School
2680 Dayton Xenia Rd
Distance between this listing and this school6.30 miles
The neighbors living near this home have an average income of $38,683. Residents of Xenia, OH typically earn less than $35k each year. Most families are single, no kids. Most residents in this area have high school diploma education.
This home is located at 408 S Detroit St in Xenia, OH and zip code 45385. This 2,620 square foot home, which was built in 1929, sits on a 0.16 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 01, 2024 and is currently priced at $190,000.
In October 2024 more than 7 listings in Xenia, OH were sold above the asking price. During the same period more than 13 listings were sold at asking price, while more than 26 were sold below. The inventory of homes for sale in Xenia, OH between September 2024 and October 2024 increased by 14.5%.
From Rocket Homes Real Estate and based on county public records data.