1 month on rocket

761 Whitmore Rd, Detroit, MI, 48203

$1,250,000

Home List Price

$10,000*

Closing Credit

30 Full Baths
24,499 SqFt
$51/SqFt
Multi

Location

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761 Whitmore Rd, Detroit$1,250,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1949
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240072463
Lot Size0.67 Acres
StatusActive

About 761 Whitmore Rd

Introducing a Prime Investment Opportunity The Metropolitan Apartments in Palmer Park. This 30-unit apartment building offers a mix of 22 spacious 2-bedroom units, and 8 1-bedroom units. The Building has a brand-new roof and windows. Completely demoed to the studs ready for mechanicals and finishes. 19 convenient off-street parking spaces—a rare find in Palmer Park. Sold AS-IS BATVAI

Property Details

Property Features

Property Information:

  • Architectural Style: Common Entry Building
  • Year Built: 1949
  • Stories: 2
  • Living Area: 24,499 SqFt

Listing Office:

  • Office Name: KW Domain
  • Office Phone: (248) 590-0800
  • Listing Agent: Alan Davidov

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 30

Exterior Features

Exterior Information:

  • Private Pool: No

Virtual/3D Tour

  • Virtual Tour: 761 Whitmore Rd
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.67 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: N of Six Mile W of Woodward

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,250,000
  • Price Per SqFt: $51/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

761 Whitmore Rd vs Detroit

57 DAYS ON ROCKET

+12 Days

$1,250,000

+$1.1M More

$51/SqFt

-$23 Less

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price and $23/SqFt less 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: #20240072463

Listing Office:

  • Office Name: KW Domain
  • Office Phone: (248) 590-0800
  • Listing Agent: Alan Davidov

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: 11/22/2024, 6:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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$6,306

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,814

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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-542720
1
/10

  • George Washington Carver Elementary School

  • 14510 2nd Ave

  • 0.95 miles

  • Public Charter Grades PK-4

school-card-donut-542721
2
/10

  • Pasteur Elementary School

  • 19811 Stoepel St

  • 2.01 miles

  • Public District Grades PK-6

school-card-donut-542722
3
/10

  • Bagley Elementary School of Journalism and Technology

  • 8100 Curtis St

  • 2.03 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $25,185. The majority of Detroit, MI residents have income less than $35k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48203›761 Whitmore Rd

This home is located at 761 Whitmore Rd in Detroit, MI and zip code 48203 in the Palmer Park neighborhood. This 24,499 square foot home, which was built in 1949, sits on a 0.67 acre lot. Features: 30 bathrooms. It has been listed on Rocket Homes since September 25, 2024 and is currently priced at $1,250,000.

In October 2024, from all listings sold in Detroit, MI there were more than 125 sold above asking price, over 257 sold below and more than 93 were sold right at the asked price. Between September 2024 and October 2024, Detroit, MI real estate market has seen increase in the number of listings by 11.2%. The median list price of listings available in October 2024 was $85,000, while the average time on the real estate market was 45 days.

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

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