10 days on rocket

2480 Calvert St, Detroit, MI, 48206

$180,000

Home List Price

$2,138*

Closing Credit

3 Full Baths, 1 Partial
3,750 SqFt
$48/SqFt
Multi
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

2480 Calvert St, Detroit$180,000

Buyer Closing Credits

$2,138*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
Year Built1924
HeatingNatural Gas, Hot Water
BasementYes
MLS #20240027464
Lot Size0.11 Acres
StatusActive

About 2480 Calvert St

Welcome to 2480 Calvert, located in the up-and-coming city of Detroit, MI. This TURNKEY investment property is a rare find, offering the perfect opportunity for savvy investors looking to add to their portfolio. Situated near the prestigious Boston Edison district, this property is already a gem in the making. Featuring a total of three units, all of the heavy rehab work has already been taken care of, allowing you to start making money from day one. One unit is already filled, showcasing the high demand for rental properties in the area. With an average ARV of $200,000, this property has immense potential for growth and appreciation in value. Rental rates in the area are averaging at an impressive $2,650 per month for all three units once fully occupied. This means you have the opportunity to increase your profits significantly by filling the remaining vacant unit. With a little bit of effort, you can maximize your returns and enjoy a steady stream of rental income for years to come. Don't miss out on this fantastic opportunity to own a piece of Detroit's real estate market. Take advantage of the thriving rental market and start reaping the benefits of owning a profitable investment property. Schedule a viewing today and see for yourself the potential that 2480 Calvert has to offer. BATVAI

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1924
  • Stories: 3
  • Living Area: 3,750 SqFt

Listing Office:

  • Office Name: Fortuna & Associates Real Estate Services LLC
  • Office Phone: (586) 615-2868
  • Listing Agent: Joseph A Fortuna

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water

Other

Directions Information:

  • Directions: Chicago to Linwood to Calvert

Price Information

Listing Price Info

Price Summary:

  • List Price: $180,000
  • Price Per SqFt: $48/SqFt

Tax Information:

  • Annual Amount: $2,353
  • 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.

Med. Sold Price

$81K

Med. Price/SqFt

$70

Avg. Days On Market

45

# of Sold Homes

426

2480 Calvert St vs Detroit

10 DAYS ON ROCKET

-35 Days

$180,000

+$98.9K More

$48/SqFt

-$23 Less

KEY TAKEAWAY

This property is $98.9K more than the Median Sold Price and $23/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: #20240027464

Listing Office:

  • Office Name: Fortuna & Associates Real Estate Services LLC
  • Office Phone: (586) 615-2868
  • Listing Agent: Joseph A Fortuna

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: 5/6/2024, 5:20:38 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,353$19,800
2020$1,408$18,300
2018$1,408$16,000
2017$1,403$18,300

History based on county public records data.

Payment Calculator

$966

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$606

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-7010329
5
/10
  • Henry Ford Academy:School For Creative Studies-Ele

  • 10225 3rd St

  • 1.06 miles

  • Public Charter Grades KG-5

school-card-donut-7010330
3
/10
  • University Preparatory Academy (PSAD) Elementary School

  • 957 Holden St

  • 2.18 miles

  • Public Charter Grades KG-5

school-card-donut-7010331
4
/10
  • University Preparatory Academy (Psad) Elementary School

  • 435 Amsterdam St

  • 2.21 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,333. Most Detroit, MI residents have annual incomes less than $35k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas


Rocket Homes›Michigan›Wayne County›Detroit›48206›2480 Calvert St

This home is located at 2480 Calvert St in Detroit, MI and zip code 48206 in the Midtown neighborhood. This 3,750 square foot home, which was built in 1924, sits on a 0.11 acre lot. Features: 4 bathrooms. It has been listed on Rocket Homes since April 26, 2024 and is currently priced at $180,000.

Detroit, MI housing market in April 2024 saw over 94 listings sold above listed price, more than 89 sold at listed price and over 243 sold below. Between March 2024 and April 2024, Detroit, MI real estate market has seen increase in the number of listings by 12.7%. While the average time on the market in April 2024 was 45 days, the median list price was $81,036.

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

More Resources