3 months on rocket

2945 W Grand St, Detroit, MI, 48238

$124,900

Home List Price

$1,483*

Closing Credit

4 Full Baths
4,144 SqFt
$30/SqFt
Multi
Schools Nearby

Location

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2945 W Grand St, Detroit$124,900

Buyer Closing Credits

$1,483*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOn Street
Year Built1924
HeatingNatural Gas, Forced Air, Separate Meters
BasementYes
MLS #20240003699
Lot Size0.15 Acres
StatusActive

About 2945 W Grand St

Incredible Investment Opportunity! This multi-family unit is ideal for both new and experienced investors. With ample space, it can be converted into a profitable Airbnb or stylish apartments. Conveniently located near The Lodge and I96, this property is sure to be a diamond in the rough.

Property Details

Property Features

Property Information:

  • Architectural Style: Quadruplex
  • Year Built: 1924
  • Stories: 2
  • Living Area: 4,144 SqFt

Listing Office:

  • Office Name: Front Page Properties
  • Office Phone: (313) 877-9020
  • Listing Agent: J'Donovan Smith

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 4

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air, Separate Meters

Other

Directions Information:

  • Directions: East of Livernois & North of W Davison St

Price Information

Listing Price Info

Price Summary:

  • List Price: $124,900
  • Price Per SqFt: $30/SqFt

Tax Information:

  • Annual Amount: $1,516
  • 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

2945 W Grand St vs Detroit

100 DAYS ON ROCKET

+51 Days

$124,900

+$44.7K More

$30/SqFt

-$40 Less

KEY TAKEAWAY

This property is $44.7K more than the Median Sold Price and $40/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: #20240003699

Listing Office:

  • Office Name: Front Page Properties
  • Office Phone: (313) 877-9020
  • Listing Agent: J'Donovan Smith

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: 4/29/2024, 6:25:19 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

Dec 03, 2018Home Sold
$62,500

Tax History

YEARPROP. TAXASSESSMENT
2021$1,516$25,200
2020$1,498$28,500
2018$1,498$23,500
2017$1,491$22,000

History based on county public records data.

Payment Calculator

$691

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$441

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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-2927146
5
/10

  • Henry Ford Academy:School For Creative Studies-Ele

  • 10225 3rd St

  • 1.79 miles

  • Public Charter Grades KG-5

school-card-donut-2927147
3
/10

  • Dickinson West Elementary School

  • 2333 Burger St

  • 3.13 miles

  • Public District Grades KG-6

school-card-donut-2927148
4
/10

  • University Preparatory Academy (Psad) Elementary School

  • 435 Amsterdam St

  • 3.32 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 $25,385. Most Detroit, MI residents have annual incomes less than $35k. Typical family type 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›48238›2945 W Grand St

This home is located at 2945 W Grand St in Detroit, MI and zip code 48238 in the Midtown neighborhood. This 4,144 square foot home, which was built in 1924, sits on a 0.15 acre lot. Features: 4 bathrooms. It has been listed on Rocket Homes since January 20, 2024 and is currently priced at $124,900.

While more than 94 listings in Detroit, MI in March 2024 were sold above asking price, there were more than 74 listings sold at asking price, and more than 224 were sold below. The number of homes for sale in Detroit, MI increased by 10.7% between February 2024 and March 2024. In March 2024 median list price was $80,163 and the average listing age was 49 days.

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

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