5 months on rocket

8748 Tireman St, Detroit, MI, 48204

$469,000

Home List Price

$5,569*

Closing Credit

2 Full Baths
5,482 SqFt
$86/SqFt
Multi

Location

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8748 Tireman St, Detroit$469,000

Buyer Closing Credits

$5,569*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1936
HeatingForced Air, Natural Gas
BasementYes
MLS #20240046912
Lot Size0.09 Acres
StatusActive

About 8748 Tireman St

Welcome to a solid investment opportunity in Detroit, where practicality meets potential. This package sale offers a well-established bar with a -C- Liqueur license and a fully-equipped kitchen, providing a reliable source of income and a community gathering spot. Complementing the bar are two upstairs apartments, each featuring 2 bedrooms and one bath. While they require some renovation, they offer comfortable living spaces with separate access and utilities, ideal for tenants seeking convenience and privacy. Adjacent to the main bar are two detached buildings, offering space for potential expansion or alternative usage. Whether you choose to enhance the existing business or explore new ventures, the options are yours to consider. Conveniently located across the street, the parking lot comes included with this property sale, making it even more appealing. It's a great investment opportunity—a business that's ready to go and has plenty of potential for growth. With the potential for a gentleman's club or another venture, this property offers endless possibilities. Buyer's Agent to verify all information and details.

Property Details

Property Features

Property Information:

  • Architectural Style: UpperLowerApartment
  • Year Built: 1936
  • Living Area: 5,482 SqFt

Listing Office:

  • Office Name: Prestige Realty Group, LLC
  • Office Phone: (855) 774-0055
  • Listing Agent: Alan Dado

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: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: Please follow the Global Positioning System.

Price Information

Listing Price Info

Price Summary:

  • List Price: $469,000
  • Price Per SqFt: $86/SqFt

Tax Information:

  • Annual Amount: $1,420
  • Tax Year: 2021
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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

$67

Avg. Days On Market

49

# of Sold Homes

396

8748 Tireman St vs Detroit

167 DAYS ON ROCKET

+118 Days

$469,000

+$383.9K More

$86/SqFt

+$18 More

KEY TAKEAWAY

This property is $383.9K more than the Median Sold Price and $18/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: #20240046912

Listing Office:

  • Office Name: Prestige Realty Group, LLC
  • Office Phone: (855) 774-0055
  • Listing Agent: Alan Dado

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

Tax History

YEARPROP. TAXASSESSMENT
2021$1,420$35,300
2020$1,011$34,400
2018$1,011$11,800
2017$1,006$11,000

History based on county public records data.

Payment Calculator

$2,408

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,473

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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-4400405
5
/10

  • McDonald Elementary School

  • 10151 Diversey St

  • 0.35 miles

  • Public District Grades PK-5

school-card-donut-4400406
2
/10

  • Barton Elementary School

  • 8530 Joy Rd

  • 0.54 miles

  • Public District Grades KG-5

school-card-donut-4400407
2
/10

  • Riverside Academy

  • 7124 Miller Rd

  • 0.83 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,726. Typical income of Detroit, MI residents is less than $35k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48204›8748 Tireman St

This home is located at 8748 Tireman St in Detroit, MI and zip code 48204 in the Mackenzie neighborhood. This 5,482 square foot home, which was built in 1936, sits on a 0.09 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since July 03, 2024 and is currently priced at $469,000.

While more than 94 listings in Detroit, MI in November 2024 were sold above asking price, there were more than 55 listings sold at asking price, and more than 247 were sold below. In November 2024 in Detroit, MI there were 2% more homes for sale than in October 2024. While the average time on the market in November 2024 was 49 days, the median list price was $85,016.

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

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