Stunning historic condo in the heart of New Center, everything you need within striking distance. Sunny south-facing windows have a view of the magnificent Fisher Building where you can grab a cup of coffee at Stella or catch a broadway show. This location is prime with the Detroit Food Co-op just steps away, and a quick ride on the Q line to downtown. Enjoy the security of an assigned space in the private gated parking lot. Beautiful refinished original floors, in-unit laundry, and private balcony provide the perfect balance of privacy, convenience and historic charm. Stone counters and stainless steel appliances are a breeze to maintain, and a dedicated dining room is essential for hosting.
Property Details
Property Features
Property Information:
Architectural Style: Historic
Year Built: 1916
Stories: 1
Living Area: 715 SqFt
Listing Office:
Office Name: Downtown Realty
Office Phone: (313) 466-7253
Listing Agent: Marissa G Kresch
Interior Features
Interior Information:
Appliances: Dishwasher, Disposal, Electric Oven, Refrigerator, Microwave, Washer/Dryer
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 1
Total Bedroom Count: 1
Exterior Features
Parking Information:
Parking: 1 Assigned Space
Utilities
Utilities Information:
Heating: Natural Gas, Forced Air
Cooling: Central Air
Other
Directions Information:
Directions: Head north on Second past W Grand Blvd, property is on the left past Lothrop.
Price Information
Listing Price Info
Price Summary:
List Price: $170,000
Price Per SqFt: $238/SqFt
HOA Fees:
Amount: $245
Frequency: Monthly
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Detroit, MI.
This property is $85K more than the Median Sold Price and $164/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: #20240062443
Listing Office:
Office Name: Downtown Realty
Office Phone: (313) 466-7253
Listing Agent: Marissa G Kresch
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.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,161
Per Month
Principal & Interest
$849
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$245
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$576
Powered By
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
University Preparatory Academy Psad Elementary School
435 Amsterdam St
Distance between this listing and this school0.42 miles
Public Charter Grades KG-5
1
/10
University Preparatory Academy (PSAD) Elementary School
957 Holden St
Distance between this listing and this school0.60 miles
Public Charter Grades KG-5
2
/10
University Preparatory Art Design Elementary School
10225 3rd St
Distance between this listing and this school1.35 miles
Public Charter Grades KG-5
Nearby Schools
3
/10
Golightly Education Center
5536 Saint Antoine St
Distance between this listing and this school1.00 miles
Public District Grades PK-8
1
/10
Thirkell Elementary-Middle School
7724 14th St
Distance between this listing and this school1.00 miles
Public District Grades KG-8
3
/10
University Preparatory Science and Math (PSAD) Middle School
5100 John R St
Distance between this listing and this school1.11 miles
Public Charter Grades 6-8
Nearby Schools
2
/10
Henry Ford Academy: School for Creative Studies (PSAD)
485 W Milwaukee St
Distance between this listing and this school0.22 miles
Public Charter Grades 6-12
4
/10
University Preparatory Academy Psad High School
600 Antoinette St
Distance between this listing and this school0.58 miles
Public Charter Grades 9-12
5
/10
Detroit International Academy for Young Women
9026 Woodward Ave
Distance between this listing and this school0.86 miles
The neighbors living near this home have an average income of $24,603. Residents of Detroit, MI typically earn less than $35k each year. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 7409 2nd Ave Unit B1
What is the listing price of this property?
The listing price of 7409 2nd Ave Unit B1 property is $170,000.
What type of property is this?
The property 7409 2nd Ave Unit B1 is a condo located in Detroit, Michigan, 48202.
Is this property for sale now?
Active Listing: 7409 2nd Ave Unit B1 is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 7409 2nd Ave Unit B1 has 1 bedroom and 1 bathroom.
What is the square footage of this property?
The property 7409 2nd Ave Unit B1 is 715 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 7409 2nd Ave Unit B1 is 1916.
This home is located at 7409 2nd Ave Unit B1 in Detroit, MI and zip code 48202 in the Midtown neighborhood. This 715 square foot home was built in 1916. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since September 12, 2024 and is currently priced at $170,000.
Detroit, MI housing market in October 2024 saw over 125 listings sold above listed price, more than 93 sold at listed price and over 257 sold below. The number of homes for sale in Detroit, MI increased by 11.2% between September 2024 and October 2024. 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.