3 months on rocket

572 E Milwaukee St, Detroit, MI, 48202

$80,000

0.09 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Land
MLS #20240068316
Lot Size0.09 Acres
StatusActive

About 572 E Milwaukee St

Discover a prime development opportunity in the heart of the rapidly growing Milwaukee Junction area! This vacant lot at 572 E Milwaukee is surrounded by significant new developments and offers endless possibilities for future projects. Located just minutes from Midtown, Wayne State University, the Tech Center, and only a couple of miles from Downtown Detroit, this lot is perfectly positioned in one of the city's most up-and-coming neighborhoods. With easy access to major highways and surrounded by vibrant restaurants, shops, and businesses, the location provides the perfect mix of urban convenience and potential for growth. This property offers an exciting chance to be part of Detroit's ongoing revitalization. Don't miss out on the chance to develop in one of Detroit's hottest areas!

Property Details

Property Features

Listing Office:

  • Office Name: S&P Realty
  • Office Phone: (734) 333-7219
  • Listing Agent: Shane Parker

Interior Features

Interior Information:

  • Basement: No

Exterior Features

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Other

Directions Information:

  • Directions: N of E. Grand Blvd / E of Woodward

Price Information

Listing Price Info

Price Summary:

  • List Price: $80,000

Tax Information:

  • Annual Amount: $1,342
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Detroit, MI.

Med. Sold Price

$85K

Med. Price/SqFt

$67

Avg. Days On Market

49

# of Sold Homes

396

572 E Milwaukee St vs Detroit

96 DAYS ON ROCKET

+47 Days

$80,000

-$5K Less

KEY TAKEAWAY

This property is $5K less than the Median Sold Price in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240068316

Listing Office:

  • Office Name: S&P Realty
  • Office Phone: (734) 333-7219
  • Listing Agent: Shane Parker

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: 12/18/2024, 5:21:01 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 13, 2018Home Sold
$70,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,342$27,400
2020$211$27,400
2018$211$2,800
2017$211$2,400

History based on county public records data.

Payment Calculator

$467

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$306

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Rocket Mortgage

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-4400064
2
/10
  • University Preparatory Academy Psad Elementary School

  • 435 Amsterdam St

  • 0.60 miles

  • Public Charter Grades KG-5

school-card-donut-4400065
1
/10
  • University Preparatory Academy (PSAD) Elementary School

  • 957 Holden St

  • 0.91 miles

  • Public Charter Grades KG-5

school-card-donut-4400066
2
/10
  • University Preparatory Art Design Elementary School

  • 10225 3rd St

  • 1.73 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,271. The majority of Detroit, MI residents have income less than $35k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 572 E Milwaukee St

What is the listing price of this property?

The listing price of 572 E Milwaukee St property is $80,000.

What type of property is this?

The property 572 E Milwaukee St is land located in Detroit, Michigan, 48202.

Is this property for sale now?

Active Listing: 572 E Milwaukee St 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 $1,342 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 13, 2018 for $70,000. (source: MLS/tax record).

How much acreage is this property?

The property 572 E Milwaukee St is 0.09 acres.
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Rocket HomesMichiganWayne CountyDetroit48202572 E Milwaukee St

This home is located at 572 E Milwaukee St in Detroit, MI and zip code 48202 in the Midtown neighborhood. This home sits on a 0.09 acre lot. It has been listed on Rocket Homes since September 12, 2024 and is currently priced at $80,000.

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 inventory of homes for sale in Detroit, MI between October 2024 and November 2024 increased by 2%. Listings spent 49 days on the market in November 2024, and had a median list price of $85,016 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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