1 month on rocket

68 E James St, River Rouge, MI, 48218

$349,900

Home List Price

$4,155*

Closing Credit

4 Full Baths
3,160 SqFt
$111/SqFt
Multi

Location

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68 E James St, River Rouge$349,900

Buyer Closing Credits

$4,155*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOn Street
Year Built1915
HeatingNatural Gas, Forced Air, Separate Meters
CoolingCeiling Fan(s), Separate Meter, Window Unit(s)
BasementYes
MLS #20240075911
Lot Size0.09 Acres
StatusActive

About 68 E James St

Turnkey Multi-Unit Investment Opportunity in River Rouge! With fantastic income-generating potential features four fully updated units across two separate structures. The main house offers two spacious 2-bed, 1-bath units, updated kitchens and bathrooms, brand new appliances, and brand new electrical fixtures with new 100 amp electrical service. Both units also boast brand new vinyl windows, new flooring, carpet, and fresh paint throughout. Additional updates include two brand new hot water tanks, two new furnaces, new water supply lines, and glass block windows. The front lower unit features a formal dining room and an enclosed porch, perfect for enjoying the neighborhood, with each unit having a separate entrance for added privacy and convenience. The rear building consists of one 1-bed, 1-bath unit and one 2-bed, 1-bath unit, both featuring updated kitchens and bathrooms, fresh paint, new carpet, and flooring. These units are equipped with high-efficiency Pioneer mini-splits units and offer large, open living spaces that provide excellent rental potential. All units are individually metered for utilities, ensuring ease of management. Located in a desirable, quiet neighborhood, this property sits on a corner lot with ample outdoor space. Minutes from the Gordie Howe Bridge & Downtown Detroit. With easy access to local amenities, schools, parks, major highways, this well-maintained property is ideal for both new and seasoned investors. Certificate of Occupancy at closing. Schedule a showing today!

Property Details

Property Features

Property Information:

  • Architectural Style: Duplex
  • Year Built: 1915
  • Stories: 2
  • Living Area: 3,160 SqFt

Listing Office:

  • Office Name: Own It Realty
  • Office Phone: (313) 395-0000
  • Listing Agent: Hassan Shukr

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Laundry Facility

Bedroom and Bathroom Information:

  • Full Bathrooms: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Lighting, Private Entry, Fenced

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air, Separate Meters
  • Cooling: Ceiling Fan(s), Separate Meter, Window Unit(s)

Other

Directions Information:

  • Directions: East of Coolidge - South of Jefferson

Price Information

Listing Price Info

Price Summary:

  • List Price: $349,900
  • Price Per SqFt: $111/SqFt

Tax Information:

  • Annual Amount: $3,835
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in River Rouge, MI.

Med. Sold Price

$90K

Med. Price/SqFt

$76

Avg. Days On Market

10

# of Sold Homes

3

68 E James St vs River Rouge

44 DAYS ON ROCKET

+34 Days

$349,900

+$259.9K More

$111/SqFt

+$35 More

KEY TAKEAWAY

This property is $259.9K more than the Median Sold Price and $35/SqFt more than other homes in River Rouge, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240075911

Listing Office:

  • Office Name: Own It Realty
  • Office Phone: (313) 395-0000
  • Listing Agent: Hassan Shukr

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: 11/24/2024, 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

Listing History

Apr 11, 2019Home Sold
$39,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,835$35,900
2020$3,444$30,200
2018$3,444$22,600
2017$2,393$23,300

History based on county public records data.

Payment Calculator

$1,814

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,116

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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-1117279
2
/10
  • Ann Visger Elementary School

  • 11121 W Jefferson Ave

  • 0.83 miles

  • Public District Grades PK-5

school-card-donut-1117280
1
/10
  • Ralph J. Bunche Academy

  • 503 Hyacinthe St

  • 1.72 miles

  • Public District Grades PK-3

school-card-donut-1117281
2
/10
  • Bennett Elementary School

  • 2111 Mullane St

  • 2.36 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,839. Typical income of River Rouge, MI residents is less than $35k annually. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket Homes›Michigan›Wayne County›River Rouge›48218›68 E James St

This home is located at 68 E James St in River Rouge, MI and zip code 48218. This 3,160 square foot home, which was built in 1915, sits on a 0.09 acre lot. Features: 4 bathrooms. It has been listed on Rocket Homes since October 10, 2024 and is currently priced at $349,900.

In October 2024, from all listings sold in River Rouge, MI there were more than 2 sold above asking price, over 1 sold below and more than 0 were sold right at the asked price. In October 2024 in River Rouge, MI there were 20.7% more homes for sale than in September 2024. In October 2024, listings were on the market for 10 days. During the same period, the median list price in this real estate market was $90,000.

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

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