Discover this charming two-family flat located in the vibrant Morningside neighborhood on Detroit's east side. Each unit features 2 spacious bedrooms providing comfortable living spaces for families or tenants. The open floor-plans create a bright and inviting atmosphere, perfect for entertaining or relaxing. Both units boast updated kitchens equipped with appliances, making them move-in ready and appealing to prospective renters. This property is situated in an up-and-coming area, offering a fantastic investment opportunity for those looking to capitalize on the growth potential of the neighborhood. Don't miss out on this dual income property in a location that's ripe for development and revitalization! **AS IS**
Property Details
Property Features
Property Information:
Year Built: 1928
Listing Office:
Office Name: Golden Key Real Estate LLC
Office Phone: (313) 638-2474
Listing Agent: Darrion Washington
Interior Features
Interior Information:
Basement: Yes
Exterior Features
Parking Information:
Attached Garage: No
Parking: Paved
Lot Features
Lot Information:
Lot: Sidewalk
Lot Size: 0.11 Acres
Utilities
Utilities Information:
Heating: Forced Air
Cooling: None
Other
Directions Information:
Directions: E. Outer Drive & E Warren Ave.
Price Information
Listing Price Info
Price Summary:
List Price: $185,500
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.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$993
Per Month
Principal & Interest
$926
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
$623
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
George Defer Elementary School
15425 Kercheval Ave
Distance between this listing and this school1.00 miles
Public District Grades KG-5
1
/10
Marvin L Winans Academy Elementary School
9740 McKinney St
Distance between this listing and this school1.17 miles
Public Charter Grades KG-5
1
/10
Wayne Elementary School
10633 Courville St
Distance between this listing and this school1.48 miles
Public District Grades PK-5
Nearby Schools
1
/10
J E Clark Preparatory Academy
15755 Bremen St
Distance between this listing and this school0.22 miles
Public District Grades PK-8
1
/10
Ronald Brown Academy
11530 E Outer Dr
Distance between this listing and this school0.63 miles
Public District Grades PK-8
9
/10
Pierce Middle School
15430 Kercheval Ave
Distance between this listing and this school1.09 miles
Public District Grades 6-8
Nearby Schools
1
/10
East English Village Preparatory Academy at Finney
5020 Cadieux Rd
Distance between this listing and this school0.96 miles
Public District Grades 9-12
4
/10
Davis Aerospace Technical High School at Golightly
900 Dickerson St
Distance between this listing and this school1.96 miles
Public District Grades 9-12
10
/10
Grosse Pointe South High School
11 Grosse Pointe Blvd
Distance between this listing and this school2.02 miles
The neighbors living near this home have an average income of $39,632. Residents of Detroit, MI typically earn less than $35k each year. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.
This home is located at 4400 Buckingham in Detroit, MI and zip code 48224 in the Lower East neighborhood. This home, which was built in 1928, sits on a 0.11 acre lot. It has been listed on Rocket Homes since October 14, 2024 and is currently priced at $185,500.
In October 2024 more than 125 listings in Detroit, MI were sold above the asking price. During the same period more than 93 listings were sold at asking price, while more than 257 were sold below. The number of listings in Detroit, MI increased by 11.2% between September 2024 and October 2024. In October 2024, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $85,000.
From Rocket Homes Real Estate and based on county public records data.