2 months on rocket

8880 Rutherford St, Detroit, MI, 48228

$124,000

Home List Price

$1,473*

Closing Credit

0 Baths
Multi

Location

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8880 Rutherford St, Detroit$124,000

Buyer Closing Credits

$1,473*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1949
HeatingForced Air, Natural Gas
BasementYes
MLS #81024052113
Lot Size0.06 Acres
StatusActive

About 8880 Rutherford St

**Opportunity** This duplex property is turn key, not to mention each unit is occupied and producing rent. Tenants pay $800 per month and are currently month to month along with all utilities (except water). Each unit features Living room, dinning room kitchen, 2 spacious bedrooms, a full bath and partial basement. Rooms/room sizes are estimated and should be verified by the buyer/buyer's agent. Check out our other investment properties located at 8873 Rutherford/16000 Kramer and 9151-9153 Mansfield.

Property Details

Property Features

Property Information:

  • Year Built: 1949

Listing Office:

  • Office Name: BHHS Kee Realty, Berkshire Hathaway HomeServices Kee Realty SCS
  • Office Phone: (586) 774-2300
  • Listing Agent: Bryan Redmond, Katrina Barr

Interior Features

Interior Information:

  • Basement: Yes

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: Turn on Ellis st from Greenfield then left on Rutherford

Price Information

Listing Price Info

Price Summary:

  • List Price: $124,000

Tax Information:

  • Annual Amount: $644
  • 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

8880 Rutherford St vs Detroit

79 DAYS ON ROCKET

+30 Days

$124,000

+$38.9K More

KEY TAKEAWAY

This property is $38.9K more than the Median Sold Price in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater Metropolitan Association of REALTORS
  • MLS Number: #81024052113

Listing Office:

  • Office Name: BHHS Kee Realty, Berkshire Hathaway HomeServices Kee Realty SCS
  • Office Phone: (586) 774-2300
  • Listing Agent: Bryan Redmond, Katrina Barr

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: 12/22/2024, 2:21:01 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 12, 2019Home Sold
$55,000
Aug 16, 2018Home Sold
$51,000

Tax History

YEARPROP. TAXASSESSMENT
2021$644$11,500
2020$685$12,000
2018$685$10,000
2017$683$8,800

History based on county public records data.

Payment Calculator

$686

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$438

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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-855540
5
/10

  • Oakman Elementary School

  • 7545 Chase Rd

  • 1.18 miles

  • Public District Grades PK-5

school-card-donut-855541
3
/10

  • McCollough Elementary School

  • 7801 Maple St

  • 1.30 miles

  • Public District Grades PK-5

school-card-donut-855542
2
/10

  • Gardner Elementary School

  • 6528 Mansfield St

  • 1.37 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,714. The majority of Detroit, MI residents have income less than $35k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48228›8880 Rutherford St

This home is located at 8880 Rutherford St in Detroit, MI and zip code 48228 in the Grandale / Brooks neighborhood. This home, which was built in 1949, sits on a 0.06 acre lot. It has been listed on Rocket Homes since October 03, 2024 and is currently priced at $124,000.

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. The median list price of listings available in November 2024 was $85,016, while the average time on the real estate market was 49 days.

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

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