Can be purchased in a package deal! 10% off discount if purchased with 20110 Stotter - another amazing occupied investment property. Welcome to 14047 Marlowe St., a fantastic property that comes with the security of a Section 8 lease. This 3-bedroom, 1-bathroom residence offers a unique opportunity for savvy investors looking to add a valuable asset to their portfolio. Situated in Detroit, Michigan, this property is strategically located in an area with potential for growth and development. Take advantage of the city's revitalization and be part of its promising future. The spacious layout of this colonial home makes it an ideal rental property. With three bedrooms, tenants will enjoy comfort and ample living space, contributing to long-term tenant satisfaction. This property comes with the added benefit of a tenant already on a Section 8 lease. Enjoy the stability and guaranteed income that comes with this government-backed program, providing a reliable source of rental payments. Whether you're a seasoned investor or just starting, 14047 Marlowe St. is a great addition to your portfolio. The property's current Section 8 lease offers a hassle-free investment experience, and Detroit's ongoing urban development makes it an attractive market for real estate investments. Detroit is experiencing a resurgence, and investing in this property puts you in a position to benefit from potential future appreciation. Take advantage of the increasing demand for rental properties in this evolving market. The home's colonial architecture adds character and appeal, making it an attractive option for potential tenants. Invest in a property that not only provides financial returns but also stands out in the market. Don't miss out on this incredible investment opportunity at 14047 Marlowe St. Secure your future with a property that combines the stability of a Section 8 lease, the potential for appreciation, a
Property Details
Property Features
Property Information:
Architectural Style: Colonial
Year Built: 1927
Stories: 2
Living Area: 1,441 SqFt
Listing Office:
Office Name: EXP Realty LLC
Office Phone: (888) 501-7085
Listing Agent: Alan C Robson
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 1
Total Bedroom Count: 3
Exterior Features
Exterior Information:
Private Pool: No
Lot Features
Lot Information:
Lot Size: 0.08 Acres
Utilities
Utilities Information:
Heating: Natural Gas, Forced Air
Other
Directions Information:
Directions: Going west on Grand River, turn right onto Marlowe. House will be on your left.
Price Information
Listing Price Info
Price Summary:
List Price: $109,900
Price Per SqFt: $76/SqFt
Tax Information:
Annual Amount: $1,464
Tax Year: 2021
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.
This property is $28.8K more than the Median Sold Price and $5/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: #20240005283
Listing Office:
Office Name: EXP Realty LLC
Office Phone: (888) 501-7085
Listing Agent: Alan C Robson
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.
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.
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Detroit Innovation Academy
18211 Plymouth Rd
Distance between this listing and this school1.97 miles
Public Charter Grades KG-6
5
/10
Rutherford Winans Academy
16411 Curtis St
Distance between this listing and this school2.45 miles
Public Charter Grades PK-5
5
/10
McCollough Elementary School
7801 Maple St
Distance between this listing and this school2.78 miles
Public District Grades PK-5
Nearby Schools
2
/10
Burns Elementary-Middle School
14350 Terry St
Distance between this listing and this school0.27 miles
Public District Grades PK-8
6
/10
Detroit Achievement Academy
15000 Southfield Fwy
Distance between this listing and this school1.56 miles
Public Charter Grades KG-8
4
/10
Flagship Charter Academy
13661 Wisconsin St
Distance between this listing and this school1.69 miles
Public Charter Grades KG-8
Nearby Schools
3
/10
University Yes Academy
14717 Curtis St
Distance between this listing and this school2.33 miles
Public Charter Grades KG-12
2
/10
Old Redford Academy - High School
8001 W Outer Dr
Distance between this listing and this school2.41 miles
Public Charter Grades 9-12
2
/10
Mumford High School
17525 Wyoming St
Distance between this listing and this school2.57 miles
The neighbors living near this home have an average income of $22,768. Typical income of Detroit, MI residents is less than $35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 14047 Marlowe St
What is the listing price of this property?
The listing price of 14047 Marlowe St property is $109,900.
What type of property is this?
The property 14047 Marlowe St is a house located in Detroit, Michigan, 48227.
Is this property for sale now?
Sale Pending: 14047 Marlowe St is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $1,464 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 14047 Marlowe St has 3 bedrooms and 1 bathroom.
What is the square footage of this property?
The property 14047 Marlowe St is 1,441 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 14047 Marlowe St is 1927.
This home is located at 14047 Marlowe St in Detroit, MI and zip code 48227 in the Upper West neighborhood. This 1,441 square foot home, which was built in 1927, sits on a 0.08 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since January 27, 2024 and is currently priced at $109,900.
Over 94 listings were sold over their listed price in April 2024 in Detroit, MI. In the same period over 243 listings were sold below the listed price and 89 listings were sold for the listed price. The inventory of homes for sale in Detroit, MI between March 2024 and April 2024 increased by 12.7%. In April 2024 median list price was $81,036 and the average listing age was 45 days.
From Rocket Homes Real Estate and based on county public records data.