11 days on rocket

15065 Forrer St, Detroit, MI, 48227

$120,000

Home List Price

$1,425*

Closing Credit

2 Full Baths
1,840 SqFt
$65/SqFt
Multi
Schools Nearby

Location

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15065 Forrer St, Detroit$120,000

Buyer Closing Credits

$1,425*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOn Street
Year Built1952
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240025687
Lot Size0.11 Acres
StatusActive

About 15065 Forrer St

INVESTOR SPECIAL: GORGEOUS WESTSIDE DUPLEX, This all brick multifamily is oozing with curb appeal and potential. Perfect Section 8 property with many updates already completed. Each flat features hardwood floors, large eat-in kitchens, spacious living rooms and separate dinning rooms. Lower unit has 2 bedrooms and a large brick rear porch. Upper unit has 2 bedrooms and rear balcony. Large corner lot with parking pad in the yard. Separate metered electric. With current section 8 vouchers, this property could have a SKY HIGH ROI and could be the jewel of any rental portfolio. Located near schools, entertainment and dining. Call and schedule your showing today!

Property Details

Property Features

Property Information:

  • Architectural Style: Duplex
  • Year Built: 1952
  • Stories: 2
  • Living Area: 1,840 SqFt

Listing Office:

  • Office Name: U.S. Investor Group
  • Office Phone: (313) 644-0034
  • Listing Agent: Sam Berri

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Fenced

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: South Of Fenkell, West Of Greenfield

Price Information

Listing Price Info

Price Summary:

  • List Price: $120,000
  • Price Per SqFt: $65/SqFt

Tax Information:

  • Annual Amount: $3,334
  • 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

15065 Forrer St vs Detroit

11 DAYS ON ROCKET

-34 Days

$120,000

+$38.9K More

$65/SqFt

-$6 Less

KEY TAKEAWAY

This property is $38.9K more than the Median Sold Price and $6/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: #20240025687

Listing Office:

  • Office Name: U.S. Investor Group
  • Office Phone: (313) 644-0034
  • Listing Agent: Sam Berri

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: 5/2/2024, 3:25:19 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

Jun 16, 2021Home Sold
$42,500
Mar 13, 2018Home Sold
$41,500
Aug 25, 2016Home Sold
$35,000
Mar 16, 2010Home Sold
$10,200

Tax History

YEARPROP. TAXASSESSMENT
2021$3,334$29,900
2020$2,086$27,200
2018$2,086$20,200
2017$2,156$20,700

History based on county public records data.

Payment Calculator

$666

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$426

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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-4528454
5
/10

  • Rutherford Winans Academy

  • 16411 Curtis St

  • 1.56 miles

  • Public Charter Grades PK-5

school-card-donut-4528455
5
/10

  • Detroit Innovation Academy

  • 18211 Plymouth Rd

  • 2.22 miles

  • Public Charter Grades KG-6

school-card-donut-4528456
3
/10

  • Old Redford Academy - Elementary School

  • 17195 Redford St

  • 3.16 miles

  • Public Charter Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,974. The majority of Detroit, MI residents have income less than $35k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48227›15065 Forrer St

This home is located at 15065 Forrer St in Detroit, MI and zip code 48227 in the Upper West neighborhood. This 1,840 square foot home, which was built in 1952, sits on a 0.11 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since April 20, 2024 and is currently priced at $120,000.

While more than 94 listings in Detroit, MI in April 2024 were sold above asking price, there were more than 89 listings sold at asking price, and more than 243 were sold below. Between March 2024 and April 2024, Detroit, MI real estate market has seen increase in the number of listings 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.

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