Investment opportunity in this multi-family located near Detroit's Poletown East neighborhood, near Warren Meldrum Park, Callahan Playground, and Faygo Beverages! Estimated rehab 223$k. Sale contingent on buyer/seller executed development agreement. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the five tax years subsequent to transferring ownership of the property. The tax capture might be incompatible with tax abatements and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.
Property Details
Property Features
Property Information:
Architectural Style: Colonial
Year Built: 1890
Living Area: 2,146 SqFt
Listing Office:
Office Name: Bellabay Realty Tri Counties
Office Phone: (248) 274-6614
Listing Agent: Natasha C Richards
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 2
Exterior Features
Exterior Information:
Waterfront: Lake
Parking Information:
Attached Garage: No
Lot Features
Lot Information:
Lot Size: 0.23 Acres
Utilities
Utilities Information:
Heating: Forced Air, Natural Gas
Other
Directions Information:
Directions: South of Forest, East Side of Moran
Price Information
Listing Price Info
Price Summary:
List Price: $9,900
Price Per SqFt: $5/SqFt
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Housing Market Comparison
See how this home compares to others in Detroit, MI.
This property is $75.1K less than the Median Sold Price and $63/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: #20240024454
Listing Office:
Office Name: Bellabay Realty Tri Counties
Office Phone: (248) 274-6614
Listing Agent: Natasha C Richards
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.
We're sorry, we currently don't have sales or tax history data for this listing.
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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
3
/10
University Preparatory Science and Math Elementary School
2251 Antietam Ave
Distance between this listing and this school1.25 miles
Public Charter Grades KG-5
2
/10
Oakland International Academy Elementary School
4001 Miller St
Distance between this listing and this school1.78 miles
Public Charter Grades 2-4
1
/10
Detroit Academy of Arts and Sciences
2985 E Jefferson Ave
Distance between this listing and this school1.88 miles
Public Charter Grades KG-5
Nearby Schools
7
/10
The James and Grace Lee Boggs School
4141 Mitchell St
Distance between this listing and this school0.39 miles
Public Charter Grades KG-8
5
/10
Detroit Edison Public School Academy
1903 Wilkins St
Distance between this listing and this school1.09 miles
Public Charter Grades PK-8
5
/10
Detroit Preparatory
8411 Sylvester St
Distance between this listing and this school1.40 miles
Public Charter Grades KG-8
Nearby Schools
6
/10
Detroit Edison Public School Academy High School
3402 Saint Aubin St
Distance between this listing and this school1.09 miles
Public Charter Grades 9-12
4
/10
Benjamin Carson High School of Science and Medicine
571 Mack Ave
Distance between this listing and this school1.54 miles
Public District Grades 9-12
3
/10
Martin Luther King Jr. Senior High School
3200 E Lafayette St
Distance between this listing and this school1.78 miles
The neighbors living near this home have an average income of $9,571. The most common annual income of people living in Detroit, MI is less than $35k. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
This home is located at 4600 Moran in Detroit, MI and zip code 48207 in the Downtown neighborhood. This 2,146 square foot home, which was built in 1890, sits on a 0.23 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since April 17, 2024 and is currently priced at $9,900.
In November 2024 more than 94 listings in Detroit, MI were sold above the asking price. During the same period more than 55 listings were sold at asking price, while more than 247 were sold below. The number of homes for sale in Detroit, MI increased by 2% between October 2024 and November 2024. In November 2024, listings were on the market for 49 days. During the same period, the median list price in this real estate market was $85,016.
From Rocket Homes Real Estate and based on county public records data.