2 months on rocket

4637 University, Detroit, MI, 48224

$95,000

Home List Price

$1,128*

Closing Credit

3 Bedrooms
1 Full Bath
848 SqFt
$112/SqFt
House

Location

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4637 University, Detroit$95,000

Buyer Closing Credits

$1,128*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Year Built1948
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240061149
Lot Size0.11 Acres
StatusActive

About 4637 University

Check out this 3 bedroom, 1 bath tenant occupied investment property on a quiet block on Detroit's east side. Updates include new roof, updated kitchen, carpet, and plumbing. Located close to freeways, restaurant's and schools. Do not miss out on this opportunity to take on this cash flowing property situated in a neighborhood experiencing growth and development, this property offers significant potential for future appreciation.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1948
  • Stories: 2
  • Living Area: 848 SqFt

Listing Office:

  • Office Name: Black Diamond Realty
  • Office Phone: (313) 612-3277
  • Listing Agent: Jenina Brown

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: Take exit 223 from I-94 E, Take Cadieux Rd and E Warren Ave to University Pl.

Price Information

Listing Price Info

Price Summary:

  • List Price: $95,000
  • Price Per SqFt: $112/SqFt
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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

4637 University vs Detroit

79 DAYS ON ROCKET

+34 Days

$95,000

+$10K More

$112/SqFt

+$38 More

KEY TAKEAWAY

This property is $10K more than the Median Sold Price and $38/SqFt more 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: #20240061149

Listing Office:

  • Office Name: Black Diamond Realty
  • Office Phone: (313) 612-3277
  • Listing Agent: Jenina Brown

IDXDisclaimer: 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.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 7:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$542

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$351

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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-1847049
1
/10

  • Marvin L. Winans Academy of Performing Arts Elementary School

  • 9740 Mckinney St

  • 1.38 miles

  • Public Charter Grades KG-5

school-card-donut-1847050
4
/10

  • John Monteith Elementary School

  • 1275 Cook Rd

  • 1.53 miles

  • Public District Grades KG-5

school-card-donut-1847051
1
/10

  • Tyrone Elementary School

  • 19525 Tyrone St

  • 1.57 miles

  • Public Magnet Grades 4-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,766. Residents of Detroit, MI typically earn less than $35k each year. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4637 University

What is the listing price of this property?

The listing price of 4637 University property is $95,000.

What type of property is this?

The property 4637 University is a house located in Detroit, Michigan, 48224.

Is this property for sale now?

Active Listing: 4637 University is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 4637 University has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 4637 University is 848 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4637 University is 1948.

Rocket Homes›Michigan›Wayne County›Detroit›48224›4637 University

This home is located at 4637 University in Detroit, MI and zip code 48224 in the Lower East neighborhood. This 848 square foot home, which was built in 1948, sits on a 0.11 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 17, 2024 and is currently priced at $95,000.

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 inventory of homes for sale in Detroit, MI between September 2024 and October 2024 increased by 11.2%. 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.

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