Charming & Updated Multifamily Home – Great Investment Opportunity! Looking for a property that combines comfort, style, and income potential? This beautiful multifamily home is the perfect choice! This property contains two units each with 2 spacious bedrooms both with 2 full bathrooms, convenient and updated for both units. Updated Interior with modern finishes and thoughtful updates throughout. Beautiful foundation strong and well-maintained structure. Buyer can choose to live in or rent. Income potential estimated between $1,200–$1,500 per month per unit! This property is ideal for investors or homeowners looking for rental income with minimal upkeep. Each unit offers ample space and privacy, making it a desirable option for tenants. Don't miss out on this rare find! Come see for yourself!!!
Property Details
Property Features
Property Information:
Architectural Style: Townhouse
Year Built: 1920
Living Area: 2,244 SqFt
Listing Office:
Office Name: Downtown Realty
Office Phone: (313) 466-7253
Listing Agent: Hawraa Al Aridhi
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 2
Exterior Features
Parking Information:
Attached Garage: No
Lot Features
Lot Information:
Lot Size: 0.08 Acres
Utilities
Utilities Information:
Heating: Forced Air
Other
Directions Information:
Directions: East of Michigan Avenue south of Central Steet
Price Information
Listing Price Info
Price Summary:
List Price: $300,000
Price Per SqFt: $134/SqFt
Tax Information:
Annual Amount: $787
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Detroit, MI.
This property is $214K more than the Median Sold Price and $65/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: #20240094213
Listing Office:
Office Name: Downtown Realty
Office Phone: (313) 466-7253
Listing Agent: Hawraa Al Aridhi
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.
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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.
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Nearby Schools
1
/10
Roberto Clemente Learning Academy
1551 Beard St
Distance between this listing and this school0.29 miles
Public District Grades PK-5
2
/10
Harms Elementary School
2400 Central St
Distance between this listing and this school0.84 miles
Public District Grades PK-5
2
/10
Bennett Elementary School
2111 Mullane St
Distance between this listing and this school0.86 miles
Public District Grades PK-5
Nearby Schools
2
/10
Cesar Chavez Middle School
6782 Goldsmith St
Distance between this listing and this school0.42 miles
Public Charter Grades 6-8
2
/10
Neinas Dual Language Learning Academy
6021 McMillan St
Distance between this listing and this school0.87 miles
Public District Grades PK-8
5
/10
Clippert Academy
1981 McKinstry St
Distance between this listing and this school1.31 miles
Public District Grades 6-8
Nearby Schools
5
/10
Cesar Chavez High School
1761 Waterman St
Distance between this listing and this school0.45 miles
Public Charter Grades 9-12
1
/10
Way Academy Vernor Site
8701 W Vernor Hwy
Distance between this listing and this school1.00 miles
Public Charter Grades 6-12
3
/10
Western International High School
1500 Scotten St
Distance between this listing and this school1.46 miles
The neighbors living near this home have an average income of $47,976. Most Detroit, MI residents have annual incomes between $35k-100k. Typical family type is married, with kids. Residents of this area typically have high school diploma education.
This home is located at 7067 Lexington St in Detroit, MI and zip code 48209 in the Near West neighborhood. This 2,244 square foot home, which was built in 1920, sits on a 0.08 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since December 30, 2024 and is currently priced at $300,000.
Detroit, MI housing market in December 2024 saw over 91 listings sold above listed price, more than 68 sold at listed price and over 231 sold below. Between November 2024 and December 2024, Detroit, MI real estate market has seen increase in the number of listings by 0.2%. In December 2024 median list price was $85,917 and the average listing age was 46 days.
From Rocket Homes Real Estate and based on county public records data.