5 months on rocket

15461 Prest St, Detroit, MI, 48227

$84,900

Home List Price

$1,008*

Closing Credit

2 Full Baths
1,698 SqFt
$50/SqFt
Multi
Schools Nearby

Location

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15461 Prest St, Detroit$84,900

Buyer Closing Credits

$1,008*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
Year Built1927
HeatingNatural Gas, Forced Air, Separate Meters
BasementYes
MLS #20230098453
Lot Size0.12 Acres
StatusActive

About 15461 Prest St

**INVESTORS** Here is your opportunity to add this 2-family property to your rental portfolio! The property features a 2-bedroom unit on the 1st floor, and a 1 bedroom unit on the second floor. Would be a perfect Section 8 property and could generate monthly rents as high as $2,100/month. Gas and electric is metered separately in each unit, which also feature forced air heating, updated 100 amp electrical panels, vinyl windows, and 2 entrances for each unit. The bathrooms and kitchens are a mixture of updated and original, and could use additional updating. Garage likely needs to be torn down, Seller will not do it. CASH OR HARD MONEY ONLY. Furnaces & HWTs are in storage and will be delivered to the property after closing.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1927
  • Stories: 2
  • Living Area: 1,698 SqFt

Listing Office:

  • Office Name: RE/MAX Leading Edge
  • Office Phone: (734) 404-8800
  • Listing Agent: Ryan E Kain

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: 100 Amp Service, Cable Available, Circuit Breakers

Bedroom and Bathroom Information:

  • Full Bathrooms: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air, Separate Meters

Other

Directions Information:

  • Directions: Head North on Prest from Fenkell. Property is on the West side of the street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $84,900
  • Price Per SqFt: $50/SqFt

Tax Information:

  • Annual Amount: $2,038
  • 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

$80.1K

Med. Price/SqFt

$69

Avg. Days On Market

49

# of Sold Homes

392

15461 Prest St vs Detroit

161 DAYS ON ROCKET

+112 Days

$84,900

+$4.7K More

$50/SqFt

-$20 Less

KEY TAKEAWAY

This property is $4.7K more than the Median Sold Price and $20/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: #20230098453

Listing Office:

  • Office Name: RE/MAX Leading Edge
  • Office Phone: (734) 404-8800
  • Listing Agent: Ryan E Kain

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: 4/28/2024, 5:25:18 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

Nov 25, 2019Home Sold
$87,000
Sep 19, 2019Home Sold
$52,000
Dec 10, 2014Home Sold
$19,950

Tax History

YEARPROP. TAXASSESSMENT
2021$2,038$18,200
2020$1,326$17,900
2018$1,326$12,700
2017$1,320$12,700

History based on county public records data.

Payment Calculator

$491

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$321

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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-1947658
5
/10

  • Rutherford Winans Academy

  • 16411 Curtis St

  • 1.37 miles

  • Public Charter Grades PK-5

school-card-donut-1947659
5
/10

  • Detroit Innovation Academy

  • 18211 Plymouth Rd

  • 2.55 miles

  • Public Charter Grades KG-6

school-card-donut-1947660
3
/10

  • Old Redford Academy - Elementary School

  • 17195 Redford St

  • 3.28 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 $49,274. The most common annual income of people living in Detroit, MI is between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48227›15461 Prest St

This home is located at 15461 Prest St in Detroit, MI and zip code 48227 in the Belmont neighborhood. This 1,698 square foot home, which was built in 1927, sits on a 0.12 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since November 19, 2023 and is currently priced at $84,900.

Over 94 listings were sold over their listed price in March 2024 in Detroit, MI. In the same period over 224 listings were sold below the listed price and 74 listings were sold for the listed price. The inventory of homes for sale in Detroit, MI between February 2024 and March 2024 increased by 10.7%. 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.

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