1 year on rocket

13535 E Mcnichols Rd, Detroit, MI, 48205

$1,050,000

Home List Price

$10,000*

Closing Credit

23 Full Baths
19,000 SqFt
$55/SqFt
Multi
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

13535 E Mcnichols Rd, Detroit$1,050,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingUnassigned/General
Year Built1958
HeatingElectric, Radiant
BasementYes
MLS #20230011476
Lot Size0.41 Acres
StatusActive

About 13535 E Mcnichols Rd

Great Investment Opportunity!!! Well Maintained, Stabilized and Producing 23 unit Apartment Building. Next door - 13521 (7 units) McNichols is also available for sale. Properties are next to each other and might be sold together. Currently producing at a $182000k a year Gross . Current Net income is $134,000 Projected gross income once fully leased $202,000.00 23 - one bedrooms units Landlord pays water, gas, electric. Needs advance notice to show. Do not disturb tenants.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 1958
  • Stories: 3
  • Living Area: 19,000 SqFt

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (888) 501-7085
  • Listing Agent: Dmitriy Selektor

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Smoke Alarm, Cable Available, Carbon Monoxide Alarm(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 23

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: Unassigned/General

Lot Features

Lot Information:

  • Lot Size: 0.41 Acres

Utilities

Utilities Information:

  • Heating: Electric, Radiant

Other

Directions Information:

  • Directions: Off McNichols

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,050,000
  • Price Per SqFt: $55/SqFt

Tax Information:

  • Annual Amount: $18,828
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Detroit, MI.

Map thumbnail provided by MapBox

Detroit, MI

City

Med. Sold Price

$81K

Med. Price/SqFt

$70

Avg. Days On Market

45

# of Sold Homes

426

13535 E Mcnichols Rd vs Detroit

434 DAYS ON ROCKET

+389 Days

$1,050,000

+$968.9K More

$55/SqFt

-$16 Less

KEY TAKEAWAY

This property is $968.9K more than the Median Sold Price and $16/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: #20230011476

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (888) 501-7085
  • Listing Agent: Dmitriy Selektor

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: 5/4/2024, 10:20:37 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 15, 2019Home Sold
$600,000

Tax History

YEARPROP. TAXASSESSMENT
2021$18,828$187,400
2020$8,203$152,800
2018$8,203$93,700
2017$7,740$87,600

History based on county public records data.

Payment Calculator

$5,308

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,214

Powered By

Rocket Mortgage

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-5881341
7
/10

  • McKinley Elementary School

  • 13173 Toepfer Rd

  • 2.09 miles

  • Public District Grades KG-5

school-card-donut-5881342
1
/10

  • Marvin L. Winans Academy of Performing Arts Elementary School

  • 9740 Mckinney St

  • 2.16 miles

  • Public Charter Grades KG-5

school-card-donut-5881343
2
/10

  • Chandler Park Academy - Elementary School

  • 20200 Kelly Rd

  • 2.54 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 $10,360. Typical income of Detroit, MI residents is less than $35k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48205›13535 E Mcnichols Rd

This home is located at 13535 E Mcnichols Rd in Detroit, MI and zip code 48205 in the Upper East neighborhood. This 19,000 square foot home, which was built in 1958, sits on a 0.41 acre lot. Features: 23 bathrooms. It has been listed on Rocket Homes since February 25, 2023 and is currently priced at $1,050,000.

In April 2024, from all listings sold in Detroit, MI there were more than 94 sold above asking price, over 243 sold below and more than 89 were sold right at the asked price. In April 2024 in Detroit, MI there were 12.7% more homes for sale than in March 2024. Listings spent 45 days on the market in April 2024, and had a median list price of $81,036 during the same period.

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

More Resources