28 days on rocket

8880 Rutherford St, Detroit, MI, 48228

$129,000

Home List Price

$1,532*

Closing Credit

0 Baths
Multi

Location

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8880 Rutherford St, Detroit$129,000

Buyer Closing Credits

$1,532*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1949
HeatingForced Air
BasementYes
MLS #24052113
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
  • 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

Other

Directions Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $129,000

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

$84.9K

Med. Price/SqFt

$72

Avg. Days On Market

45

# of Sold Homes

404

8880 Rutherford St vs Detroit

28 DAYS ON ROCKET

-17 Days

$129,000

+$44K More

KEY TAKEAWAY

This property is $44K more than the Median Sold Price in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24052113

Listing Office:

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

Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/31/2024, 8:20:54 PM 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

$711

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$453

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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-849514
2
/10

  • Detroit Innovation Academy

  • 18211 Plymouth Rd

  • 1.13 miles

  • Public Charter Grades KG-6

school-card-donut-849515
5
/10

  • Oakman Elementary School

  • 7545 Chase Rd

  • 1.16 miles

  • Public District Grades PK-5

school-card-donut-849516
3
/10

  • McCollough Elementary School

  • 7801 Maple St

  • 1.30 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 $30,714. Residents of Detroit, MI typically earn less than $35k each year. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

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 $129,000.

In September 2024, from all listings sold in Detroit, MI there were more than 110 sold above asking price, over 221 sold below and more than 73 were sold right at the asked price. The number of listings in Detroit, MI increased by 10.5% between August 2024 and September 2024. In September 2024, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $84,971.

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

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