15 days on rocket

4249 Elmhurst St, Detroit, MI, 48204

$132,000

Home List Price

$1,568*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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4249 Elmhurst St, Detroit$132,000

Buyer Closing Credits

$1,568*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingConcrete, Driveway
Year Built1925
HeatingForced Air, Natural Gas
BasementYes
MLS #24024526
Lot Size0.08 Acres
StatusActive

About 4249 Elmhurst St

Own a piece of prime real estate with this income-generating brick multi-family home! This fantastic property features two spacious units, offering a perfect opportunity for investors seeking a strong return on investment. Lower: Currently occupied by a reliable tenant paying $900 per month, providing immediate income. Upper: Vacant and move-in ready, Section 8 ready, allowing you to find a new tenant and maximize your rental income. Property is one of five: 11434 Laing, 20460 Appoline, 12717 Riad, 17696 Woodbine

Property Details

Property Features

Property Information:

  • Year Built: 1925

Listing Office:

  • Office Name: House of Realty LLC
  • Office Phone: (734) 526-3288
  • Listing Agent: Jonathan Golden

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Concrete, Driveway

Lot Features

Lot Information:

  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: One Block East of N Martindale

Price Information

Listing Price Info

Price Summary:

  • List Price: $132,000

Tax Information:

  • Annual Amount: $1,848
  • 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

$81K

Med. Price/SqFt

$70

Avg. Days On Market

45

# of Sold Homes

426

4249 Elmhurst St vs Detroit

15 DAYS ON ROCKET

-30 Days

$132,000

+$50.9K More

KEY TAKEAWAY

This property is $50.9K more than the Median Sold Price in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Michigan Regional Information Center (MichRIC)
  • MLS Number: #24024526

Listing Office:

  • Office Name: House of Realty LLC
  • Office Phone: (734) 526-3288
  • Listing Agent: Jonathan Golden

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: 6/1/2024, 7:20:37 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$1,848$9,100
2020$920$11,700
2018$920$9,000
2017$918$8,200

History based on county public records data.

Payment Calculator

$726

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$462

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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-6200885
2
/10

  • Henry Ford Academy:School For Creative Studies-Ele

  • 10225 3rd St

  • 1.99 miles

  • Public Charter Grades KG-5

school-card-donut-6200886
5
/10

  • McDonald Elementary School

  • 10151 Diversey St

  • 2.59 miles

  • Public District Grades PK-5

school-card-donut-6200887
1
/10

  • University Preparatory Academy (PSAD) Elementary School

  • 957 Holden St

  • 2.95 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 $16,918. Typical income of Detroit, MI residents is less than $35k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48204›4249 Elmhurst St

This home is located at 4249 Elmhurst St in Detroit, MI and zip code 48204 in the Winterhalter neighborhood. This home, which was built in 1925, sits on a 0.08 acre lot. It has been listed on Rocket Homes since May 17, 2024 and is currently priced at $132,000.

In April 2024 more than 94 listings in Detroit, MI were sold above the asking price. During the same period more than 89 listings were sold at asking price, while more than 243 were sold below. The inventory of homes for sale in Detroit, MI between March 2024 and April 2024 increased by 12.7%. In April 2024, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $81,036.

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

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