Located in vibrant Southwest Detroit and within walking distance to some of the best restaurants, bakeries, and shops that Mexicantown has to offer! This Duplex is ready for renovations to make it a cashflow king. This home could also be reimagined for a great Airbnb opportunity (5 minutes to Downtown Detroit). The seller is also open to FHA 203k loans for owner occupants that can take advantage of living in one unit while renting out the other to offset living expenses. The possibilities are endless with this prime location property with beautiful views of the Ambassador bridge from the backyard. The backyard is fenced and also has a back alley for easy access and secured parking. Inside you will find tall ceilings, original hardwood floors, and 2 bedrooms 1 full bathroom per unit. ARV 380k. Ubicado en el vibrante Southwest Detroit y a poca distancia de algunos de los mejores restaurantes, panaderías y tiendas que Mexicantown tiene para ofrecer. ¡Este dúplex está listo para renovaciones para convertirlo en un rey del flujo de efectivo! Esta casa también podría ser reimaginada para una gran oportunidad de Airbnb (a 5 minutos del centro de Detroit). El vendedor también está abierto a préstamos FHA 203k para ocupantes propietarios que puedan aprovechar vivir en una unidad mientras alquilan la otra para compensar los gastos de vida. Las posibilidades son infinitas con esta propiedad de ubicación privilegiada con hermosas vistas del puente Ambassador desde el patio trasero. El patio trasero está cercado y también tiene un callejón trasero para un fácil acceso y estacionamiento seguro. En el interior, encontrarás techos altos, pisos de madera originales y 2 dormitorios y 1 baño completo por unidad. Valor después de reparaciones (ARV): 380k.
Property Details
Property Features
Property Information:
Architectural Style: Colonial
Year Built: 1909
Stories: 2
Living Area: 2,286 SqFt
Listing Office:
Office Name: EXP Realty LLC
Office Phone: (888) 501-7085
Listing Agent: Sotero M Lopez II
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 2
Exterior Features
Exterior Information:
Private Pool: No
Lot Features
Lot Information:
Lot Size: 0.15 Acres
Utilities
Utilities Information:
Heating: Other
Other
Directions Information:
Directions: Porter st / Howard st
Price Information
Listing Price Info
Price Summary:
List Price: $250,000
Price Per SqFt: $109/SqFt
Tax Information:
Annual Amount: $553
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Detroit, MI.
This property is $169.8K more than the Median Sold Price and $39/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: #20240018213
Listing Office:
Office Name: EXP Realty LLC
Office Phone: (888) 501-7085
Listing Agent: Sotero M Lopez II
Disclaimer: 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.
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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.
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Nearby Schools
3
/10
Voyageur Academy
4321 Military St
Distance between this listing and this school2.04 miles
Public Charter Grades KG-4
6
/10
Cesar Chavez Academy Intermediate School
4100 Martin St
Distance between this listing and this school2.19 miles
Public Charter Grades 3-5
3
/10
University Preparatory Academy (PSAD) Elementary School
957 Holden St
Distance between this listing and this school2.96 miles
Public Charter Grades KG-5
Nearby Schools
5
/10
Cesar Chavez Middle School
6782 Goldsmith St
Distance between this listing and this school1.68 miles
Public Charter Grades 6-8
6
/10
Hope of Detroit Academy
4443 N Campbell St
Distance between this listing and this school1.98 miles
Public Charter Grades KG-8
5
/10
Escuela Avancemos
3811 Cicotte St
Distance between this listing and this school2.02 miles
Public Charter Grades KG-8
Nearby Schools
2
/10
Detroit Public Safety Academy
1250 Rosa Parks Blvd
Distance between this listing and this school0.94 miles
Public Charter Grades 9-12
4
/10
Cesar Chavez High School
1761 Waterman St
Distance between this listing and this school1.62 miles
Public Charter Grades 9-12
3
/10
Southwest Detroit Lighthouse Charter Academy
4001 29th St
Distance between this listing and this school1.67 miles
The neighbors living near this home have an average income of $11,941. Most Detroit, MI residents have annual incomes less than $35k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.
This home is located at 1244 25th St in Detroit, MI and zip code 48216 in the Near West neighborhood. This 2,286 square foot home, which was built in 1909, sits on a 0.15 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since March 26, 2024 and is currently priced at $250,000.
While more than 94 listings in Detroit, MI in March 2024 were sold above asking price, there were more than 74 listings sold at asking price, and more than 224 were sold below. The number of homes for sale in Detroit, MI increased by 10.7% between February 2024 and March 2024. The median list price of listings available in March 2024 was $80,163, while the average time on the real estate market was 49 days.
From Rocket Homes Real Estate and based on county public records data.