9 days on rocket

2688 Montgomery St, Detroit, MI, 48206

$300,000

Home List Price

$3,563*

Closing Credit

4 Full Baths
3,262 SqFt
$92/SqFt
Multi
Schools Nearby

Location

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2688 Montgomery St, Detroit$300,000

Buyer Closing Credits

$3,563*

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, Hot Water
BasementYes
MLS #20240025770
Lot Size0.09 Acres
StatusActive

About 2688 Montgomery St

Embrace an investment opportunity in Detroit's dynamic real estate scene with this meticulously renovated 4-unit multifamily property near Henry Ford Hospital, offered As-Is. Boasting a new roof, updated electrical wiring, insulation, fresh paint, and modern kitchen sets, this property is nearly turnkey, requiring only minor finishing touches to reach its full potential. Situated in a rapidly revitalizing neighborhood, with amenities abound and Detroit's real estate industry booming, this property presents a prime opportunity for savvy investors to capitalize on the city's resurgence. Don't miss out on the chance to transform this promising property into a lucrative income-producing asset – schedule a private viewing today and seize the opportunity to be part of Detroit's bright future!

Property Details

Property Features

Property Information:

  • Architectural Style: Quadruplex
  • Year Built: 1916
  • Stories: 3
  • Living Area: 3,262 SqFt

Listing Office:

  • Office Name: Keller Williams Paint Creek
  • Office Phone: (248) 609-8000
  • Listing Agent: Jeffrey Rollon Marzo

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Lighting

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air, Hot Water

Other

Directions Information:

  • Directions: from W Grand Blvd, turn North onto Linwood. LEft on Columbus. Right turn on Lawton. Right turn on Montgomery. Property will be on the left side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $300,000
  • Price Per SqFt: $92/SqFt

Tax Information:

  • Annual Amount: $706
  • 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

2688 Montgomery St vs Detroit

9 DAYS ON ROCKET

-36 Days

$300,000

+$218.9K More

$92/SqFt

+$21 More

KEY TAKEAWAY

This property is $218.9K more than the Median Sold Price and $21/SqFt more 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: #20240025770

Listing Office:

  • Office Name: Keller Williams Paint Creek
  • Office Phone: (248) 609-8000
  • Listing Agent: Jeffrey Rollon Marzo

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: 5/4/2024, 6:20:36 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$706$2,300
2020 - $2,700

History based on county public records data.

Payment Calculator

$1,565

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$966

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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-6099932
3
/10

  • University Preparatory Academy (PSAD) Elementary School

  • 957 Holden St

  • 1.43 miles

  • Public Charter Grades KG-5

school-card-donut-6099933
4
/10

  • University Preparatory Academy (Psad) Elementary School

  • 435 Amsterdam St

  • 1.62 miles

  • Public Charter Grades KG-5

school-card-donut-6099934
5
/10

  • Henry Ford Academy:School For Creative Studies-Ele

  • 10225 3rd St

  • 1.64 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 $42,125. Residents of Detroit, MI typically earn between $35k-100k each year. The most common type of family is single, no kids. 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›2688 Montgomery St

This home is located at 2688 Montgomery St in Detroit, MI and zip code 48206 in the Rosa Parks neighborhood. This 3,262 square foot home, which was built in 1916, sits on a 0.09 acre lot. Features: 4 bathrooms. It has been listed on Rocket Homes since April 25, 2024 and is currently priced at $300,000.

Over 94 listings were sold over their listed price in April 2024 in Detroit, MI. In the same period over 243 listings were sold below the listed price and 89 listings were sold for the listed price. In April 2024 in Detroit, MI there were 12.7% more homes for sale than in March 2024. Listings spent 45 days on the market in April 2024, and had a median list price of $81,036 during the same period.

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

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