12 days on rocket

8830 University, Detroit, MI, 48224

$25,000

Home List Price

$297*

Closing Credit

3 Bedrooms
1 Full Bath
926 SqFt
$27/SqFt
House

Location

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8830 University, Detroit$25,000

Buyer Closing Credits

$297*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAssigned1Space, NoGarage
Year Built1943
HeatingForced Air, Natural Gas
BasementYes
MLS #20240090545
Lot Size0.19 Acres
StatusActive

About 8830 University

Investor Opportunity! This 3-bed, 1-bath home at 8830 University Pl, Detroit, MI 48224 is a fix-and-flip dream with ARVs up to $80K. Foundation reinforcements are in place, plus it includes a new water heater and furnace. Located near a hospital and key amenities, this property offers huge potential in a growing area. Don't miss out—schedule your showing today!

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1943
  • Living Area: 926 SqFt

Listing Office:

  • Office Name: Epique Realty
  • Office Phone: (248) 218-2604
  • Listing Agent: Adison Cook

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Assigned1Space, NoGarage

Lot Features

Lot Information:

  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: I-94 TO CADIEUX TURN R ON CADIEUX L ON HARPER

Price Information

Listing Price Info

Price Summary:

  • List Price: $25,000
  • Price Per SqFt: $27/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

$67

Avg. Days On Market

49

# of Sold Homes

396

8830 University vs Detroit

12 DAYS ON ROCKET

-37 Days

$25,000

-$60K Less

$27/SqFt

-$41 Less

KEY TAKEAWAY

This property is $60K less than the Median Sold Price and $41/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: #20240090545

Listing Office:

  • Office Name: Epique Realty
  • Office Phone: (248) 218-2604
  • Listing Agent: Adison Cook

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, 3:21:04 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$192

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$141

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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-4364592
1
/10

  • Distinctive College Preparatory

  • 19360 Harper Ave

  • 0.59 miles

  • Public Charter Grades KG-6

school-card-donut-4364593
1
/10

  • Tyrone Elementary School

  • 19525 Tyrone St

  • 0.78 miles

  • Public Magnet Grades 4-6

school-card-donut-4364594
1
/10

  • Carleton Elementary School

  • 11724 Casino St

  • 0.94 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,455. The majority of Detroit, MI residents have income between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8830 University

What is the listing price of this property?

The listing price of 8830 University property is $25,000.

What type of property is this?

The property 8830 University is a house located in Detroit, Michigan, 48224.

Is this property for sale now?

Active Listing: 8830 University is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 8830 University has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 8830 University is 926 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8830 University is 1943.

Rocket Homes›Michigan›Wayne County›Detroit›48224›8830 University

This home is located at 8830 University in Detroit, MI and zip code 48224 in the Lower East neighborhood. This 926 square foot home, which was built in 1943, sits on a 0.19 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 05, 2024 and is currently priced at $25,000.

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. The inventory of homes for sale in Detroit, MI between October 2024 and November 2024 increased by 2%. 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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