6 months on rocket

4249 Elmhurst St, Detroit, MI, 48204

$125,000

Home List Price

$1,484*

Closing Credit

0 Baths
Multi

Location

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4249 Elmhurst St, Detroit$125,000

Buyer Closing Credits

$1,484*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingConcrete, Driveway
Year Built1925
HeatingForced Air
BasementYes
MLS #24024526
Lot Size0.08 Acres
StatusActive

About 4249 Elmhurst St

Own a piece of prime real estate with this income-generating brick multi-family home! This fantastic property features two spacious units, offering a perfect opportunity for investors seeking a strong return on investment. Lower: Currently occupied by a reliable tenant paying $900 per month, providing immediate income. Section 8 ready, allowing you to find a new tenant and maximize your rental income. Property is one of five: 11434 Laing, 20460 Appoline, 12717 Riad, 17696 Woodbine

Property Details

Property Features

Property Information:

  • Year Built: 1925

Listing Office:

  • Office Name: House of Realty LLC
  • Office Phone: (734) 526-3288
  • Listing Agent: Jonathan Golden

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Concrete, Driveway

Lot Features

Lot Information:

  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Forced Air

Other

Directions Information:

  • Directions: One Block East of N Martindale

Price Information

Listing Price Info

Price Summary:

  • List Price: $125,000

Tax Information:

  • Annual Amount: $1,848
  • 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

4249 Elmhurst St vs Detroit

184 DAYS ON ROCKET

+139 Days

$125,000

+$40K More

KEY TAKEAWAY

This property is $40K more than the Median Sold Price in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Michigan Regional Information Center (MichRIC)
  • MLS Number: #24024526

Listing Office:

  • Office Name: House of Realty LLC
  • Office Phone: (734) 526-3288
  • Listing Agent: Jonathan Golden

Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
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, 2:20:54 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$1,848$9,100
2020$920$11,700
2018$920$9,000
2017$918$8,200

History based on county public records data.

Payment Calculator

$691

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$441

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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-434818
2
/10

  • Barton Elementary School

  • 8530 Joy Rd

  • 1.80 miles

  • Public District Grades KG-5

school-card-donut-434819
2
/10

  • University Preparatory Art Design Elementary School

  • 10225 3rd St

  • 1.99 miles

  • Public Charter Grades KG-5

school-card-donut-434820
1
/10

  • George Washington Carver Elementary School

  • 14510 2nd Ave

  • 2.48 miles

  • Public Charter Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $16,918. The most common annual income of people living in Detroit, MI is less than $35k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48204›4249 Elmhurst St

This home is located at 4249 Elmhurst St in Detroit, MI and zip code 48204 in the Winterhalter neighborhood. This home, which was built in 1925, sits on a 0.08 acre lot. It has been listed on Rocket Homes since May 17, 2024 and is currently priced at $125,000.

Over 125 listings were sold over their listed price in October 2024 in Detroit, MI. In the same period over 257 listings were sold below the listed price and 93 listings were sold for the listed price. The number of homes for sale in Detroit, MI increased by 11.2% between September 2024 and October 2024. 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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