20 days on rocket

1993 Tuxedo St, Detroit, MI, 48206

$115,000

Home List Price

$1,366*

Closing Credit

2 Full Baths
2,762 SqFt
$42/SqFt
Multi
Schools Nearby

Location

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1993 Tuxedo St, Detroit$115,000

Buyer Closing Credits

$1,366*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
Year Built1916
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240022919
StatusActive

About 1993 Tuxedo St

Welcome to your next investment gem nestled in the vibrant Dexter Linwood neighborhood, just moments from the esteemed Boston Edison enclave. This expansive 2-family unit offers unparalleled potential and versatility. Step into each meticulously crafted unit boasting 3 bedrooms, 1 bath, and generously appointed living spaces including spacious kitchens, inviting living rooms, and elegant dining areas. With most of the heavy lifting already taken care of – from upgraded electrical and plumbing to the installation of 39 brand-new windows and a sturdy roof – this property is primed for your personal touch. Whether you're an astute investor seeking a lucrative opportunity or a homeowner looking to effortlessly offset mortgage payments by renting out one unit, this property promises endless possibilities. Seize the chance to elevate your portfolio or lifestyle with this exceptional offering in one of the city's most desirable locales. Don't miss out on this golden opportunity to make your mark in Dexter Linwood – schedule your viewing today!

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial, Duplex
  • Year Built: 1916
  • Stories: 2
  • Living Area: 2,762 SqFt

Listing Office:

  • Office Name: EXP Realty Plymouth
  • Office Phone: (248) 692-4377
  • Listing Agent: Justin S Ford

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: South Of Elemhurst/East Of 14th St

Price Information

Listing Price Info

Price Summary:

  • List Price: $115,000
  • Price Per SqFt: $42/SqFt

Tax Information:

  • Annual Amount: $2,059
  • 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

1993 Tuxedo St vs Detroit

20 DAYS ON ROCKET

-25 Days

$115,000

+$33.9K More

$42/SqFt

-$29 Less

KEY TAKEAWAY

This property is $33.9K more than the Median Sold Price and $29/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: #20240022919

Listing Office:

  • Office Name: EXP Realty Plymouth
  • Office Phone: (248) 692-4377
  • Listing Agent: Justin S Ford

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: 5/3/2024, 8:20:38 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

Mar 13, 2013Home Sold
$25,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,059$13,100
2020 - $12,100
2017$1,269$11,200

History based on county public records data.

Payment Calculator

$641

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$411

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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-5232536
5
/10

  • Henry Ford Academy:School For Creative Studies-Ele

  • 10225 3rd St

  • 0.80 miles

  • Public Charter Grades KG-5

school-card-donut-5232537
4
/10

  • University Preparatory Academy (Psad) Elementary School

  • 435 Amsterdam St

  • 2.29 miles

  • Public Charter Grades KG-5

school-card-donut-5232538
3
/10

  • University Preparatory Academy (PSAD) Elementary School

  • 957 Holden St

  • 2.32 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 $12,852. Typical income of Detroit, MI residents is less than $35k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48206›1993 Tuxedo St

This home is located at 1993 Tuxedo St in Detroit, MI and zip code 48206 in the Midtown neighborhood. This 2,762 square foot home was built in 1916. Features: 2 bathrooms. It has been listed on Rocket Homes since April 12, 2024 and is currently priced at $115,000.

In April 2024 more than 94 listings in Detroit, MI were sold above the asking price. During the same period more than 89 listings were sold at asking price, while more than 243 were sold below. The number of listings in Detroit, MI increased by 12.7% between March 2024 and April 2024. In April 2024, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $81,036.

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

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