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2513 W Euclid St, Detroit, MI, 48206

$195,000

Home List Price

$2,316*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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2513 W Euclid St, Detroit$195,000

Buyer Closing Credits

$2,316*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingConcrete, Driveway, Paved
Year Built1923
HeatingForced Air, Natural Gas
CoolingWindow Unit(s)
BasementYes
MLS #24010735
Lot Size0.12 Acres
StatusActive

About 2513 W Euclid St

Welcome to your new investment opportunity in the charming neighborhood of LaSalle Gardens in Detroit! This renovated multi-family home offers the best of both worlds: a place to call home and a smart investment opportunity. When you come inside you will notice right away, the new modern finishes and updates throughout. With each unit totally renovated and holding its certificate of occupancy, you can purchase knowing that your investment is in top-notch condition. Located in a prime location, this two-unit home has a total of six bedrooms and two baths, with each unit featuring three bedrooms and one bath. The shared basement space provides ample storage for both units, shared laundry facilities, and side door access making entry into the home from the parking so easy. All this, adding to the convenience and functionality of the property. Outside, you'll find a large fenced-in backyard, plenty of driveway space for off-street parking, and a huge front porch, great for relaxing and getting to know your neighbors Currently, both units are occupied with reliable tenants, providing immediate rental income for savvy investors. However, if you're looking to live in one unit while generating income from the other, this property offers the perfect opportunity to do just that. Investing in Detroit has never been more promising, and this property exemplifies the strength and potential of the market. Whether you're seeking a steady stream of rental income or looking to establish roots in the community, this multi-family home in LaSalle Gardens offers a great investment opportunity. Don't miss out on your chance to own a piece of Detroit's thriving real estate market. Schedule your showing today.

Property Details

Property Features

Property Information:

  • Year Built: 1923

Listing Office:

  • Office Name: Elite Realty
  • Office Phone: (734) 513-2166
  • Listing Agent: Tracy A Petersen

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Concrete, Driveway, Paved

Lot Features

Lot Information:

  • Lot: Sidewalk
  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: Take Linwood south to W. Euclid. Make a left on Euclid. The home is on the south side of the street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $195,000

Tax Information:

  • Annual Amount: $824
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Detroit, MI.

Med. Sold Price

$80.1K

Med. Price/SqFt

$69

Avg. Days On Market

49

# of Sold Homes

392

2513 W Euclid St vs Detroit

53 DAYS ON ROCKET

+4 Days

$195,000

+$114.8K More

KEY TAKEAWAY

This property is $114.8K more than the Median Sold Price in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Michigan Regional Information Center (MichRIC)
  • MLS Number: #24010735

Listing Office:

  • Office Name: Elite Realty
  • Office Phone: (734) 513-2166
  • Listing Agent: Tracy A Petersen

Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
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, 3:20:22 PM 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 24, 2021Home Sold
$17,500

Tax History

YEARPROP. TAXASSESSMENT
2021$824$16,700
2020$1,446$20,000
2018$1,446$12,800
2017$1,454$12,700

History based on county public records data.

Payment Calculator

$1,041

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$651

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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.

Nearby Schools

school-card-donut-2378291
3
/10
  • University Preparatory Academy (PSAD) Elementary School

  • 957 Holden St

  • 1.40 miles

  • Public Charter Grades KG-5

school-card-donut-2378292
5
/10
  • Henry Ford Academy:School For Creative Studies-Ele

  • 10225 3rd St

  • 1.44 miles

  • Public Charter Grades KG-5

school-card-donut-2378293
4
/10
  • University Preparatory Academy (Psad) Elementary School

  • 435 Amsterdam St

  • 1.56 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,387. Most Detroit, MI residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas


Rocket Homes›Michigan›Wayne County›Detroit›48206›2513 W Euclid St

This home is located at 2513 W Euclid St in Detroit, MI and zip code 48206 in the Rosa Parks neighborhood. This home, which was built in 1923, sits on a 0.12 acre lot. It has been listed on Rocket Homes since March 06, 2024 and is currently priced at $195,000.

In March 2024 more than 94 listings in Detroit, MI were sold above the asking price. During the same period more than 74 listings were sold at asking price, while more than 224 were sold below. The number of listings in Detroit, MI increased by 10.7% between February 2024 and March 2024. While the average time on the market in March 2024 was 49 days, the median list price was $80,163.

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

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