HUGE PRICE DROP**CALLING ALL INVESTORS**1500+ Sq Ft performing colonial in Morningside, one of Detroit's most coveted neighborhoods. Terrific tenant paying 1,100 monthly rent. This cash cow yields over 13k in annual gross income with a SOLID ROI. Home has a newer roof, vinyl windows and large living room with fireplace. Formal dining room and large eat in kitchen w/Granite/Breakfast nook for all family gatherings. 3 large bedrooms upstairs as well as a full bathroom with tub/shower. Basement is wide open, clean, with newer mechanicals. Fenced yard and great curb appeal. This property would make a great longer term hold, while putting money in the next owners pocket. Easy area to find quality Tenants, close to schools, shopping and dining. Call/text for more information.
Property Details
Property Features
Property Information:
Architectural Style: Colonial
Year Built: 1925
Stories: 2
Living Area: 1,560 SqFt
Listing Office:
Office Name: U.S. Investor Group
Office Phone: (313) 644-0034
Listing Agent: Sam Berri
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 1
Total Bedroom Count: 3
Exterior Features
Exterior Information:
Private Pool: No
Exterior: Fenced
Lot Features
Lot Information:
Lot Size: 0.11 Acres
Utilities
Utilities Information:
Heating: Natural Gas, Forced Air
Other
Directions Information:
Directions: Between Mack/Warren and Alter/Outer Drive
Price Information
Listing Price Info
Price Summary:
List Price: $110,000
Price Per SqFt: $71/SqFt
Tax Information:
Annual Amount: $1,742
Tax Year: 2021
What can I afford?
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Housing Market Comparison
See how this home compares to others in Detroit, MI.
This property is $25K more than the Median Sold Price and $3/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: #20240037929
Listing Office:
Office Name: U.S. Investor Group
Office Phone: (313) 644-0034
Listing Agent: Sam Berri
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.
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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 school0.97 miles
Public District Grades KG-5
1
/10
Marvin L. Winans Academy of Performing Arts Elementary School
9740 Mckinney St
Distance between this listing and this school1.18 miles
Public Charter Grades KG-5
1
/10
Tyrone Elementary School
19525 Tyrone St
Distance between this listing and this school2.47 miles
Public Magnet Grades 4-6
Nearby Schools
9
/10
Pierce Middle School
15430 Kercheval Ave
Distance between this listing and this school1.04 miles
Public District Grades 6-8
3
/10
Detroit Merit Charter Academy
1091 Alter Rd
Distance between this listing and this school1.45 miles
Public Charter Grades KG-8
9
/10
Brownell Middle School
260 Chalfonte Ave
Distance between this listing and this school1.87 miles
Public District Grades 6-8
Nearby Schools
10
/10
Grosse Pointe South High School
11 Grosse Pointe Blvd
Distance between this listing and this school2.05 miles
Public District Grades 9-12
2
/10
Denby High School
12800 Kelly Rd
Distance between this listing and this school2.21 miles
Public District Grades 9-12
2
/10
Southeastern High School
3030 Fairview St
Distance between this listing and this school2.45 miles
The neighbors living near this home have an average income of $39,632. Most Detroit, MI residents have annual incomes less than $35k. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 4368 Buckingham Ave
What is the listing price of this property?
The listing price of 4368 Buckingham Ave property is $110,000.
What type of property is this?
The property 4368 Buckingham Ave is a house located in Detroit, Michigan, 48224.
Is this property for sale now?
Active Listing: 4368 Buckingham Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $1,742 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on July 13, 2021 for $91,700. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 4368 Buckingham Ave has 3 bedrooms and 1 bathroom.
What is the square footage of this property?
The property 4368 Buckingham Ave is 1,560 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 4368 Buckingham Ave is 1925.
This home is located at 4368 Buckingham Ave in Detroit, MI and zip code 48224 in the Lower East neighborhood. This 1,560 square foot home, which was built in 1925, sits on a 0.11 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since June 10, 2024 and is currently priced at $110,000.
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. In October 2024 in Detroit, MI there were 11.2% more homes for sale than in September 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.