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Backup Offers

2987 Gladstone St, Detroit, MI, 48206

$195,000

Home List Price

$2,316*

Closing Credit

34 Full Baths
28,696 SqFt
$7/SqFt
Multi
Schools Nearby

Location

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2987 Gladstone St, Detroit$195,000

Buyer Closing Credits

$2,316*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
Year Built1925
HeatingNatural Gas, Radiant
BasementYes
MLS #20240010028
Lot Size0.29 Acres
StatusAccepting Backup Offers

About 2987 Gladstone St

Rare opportunity to own a 34 unit apartment building on Detroit's West Side in the Jamison Neighborhood. Surrounded by Wildemere Park, Boston Edison, Henry Ford Hospital, New Center, etc. Short ride to The Downtown and Midtown area. Features 26 one bed units, 4 two bed units and 4 three bed units. Potential to acquire more lots and land surrounding the building and on the block through the city. All showings will be accompanied by listing broker. BUYER TO PAY $495 PROCESSING FEE TO LISTING BROKER.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1925
  • Stories: 4
  • Living Area: 28,696 SqFt

Listing Office:

  • Office Name: Detroit Progress Realty LLC
  • Office Phone: (313) 888-6060
  • Listing Agent: Mikhail Grigoryan

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 34

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.29 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Radiant

Other

Directions Information:

  • Directions: South of Joy Rd and in-between Dexter and Linwood

Price Information

Listing Price Info

Price Summary:

  • List Price: $195,000
  • Price Per SqFt: $7/SqFt

Tax Information:

  • Annual Amount: $2,067
  • 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

2987 Gladstone St vs Detroit

67 DAYS ON ROCKET

+18 Days

$195,000

+$114.8K More

$7/SqFt

-$63 Less

KEY TAKEAWAY

This property is $114.8K more than the Median Sold Price and $63/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: #20240010028

Listing Office:

  • Office Name: Detroit Progress Realty LLC
  • Office Phone: (313) 888-6060
  • Listing Agent: Mikhail Grigoryan

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: 4/27/2024, 2:25:20 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

Jul 07, 2009Home Sold
$145,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,067$5,100
2020$1,150$2,600
2018$1,150$12,700
2017$1,344$11,900

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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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-1300391
5
/10

  • Henry Ford Academy:School For Creative Studies-Ele

  • 10225 3rd St

  • 1.55 miles

  • Public Charter Grades KG-5

school-card-donut-1300392
3
/10

  • University Preparatory Academy (PSAD) Elementary School

  • 957 Holden St

  • 1.81 miles

  • Public Charter Grades KG-5

school-card-donut-1300393
4
/10

  • University Preparatory Academy (Psad) Elementary School

  • 435 Amsterdam St

  • 1.96 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 $38,000. Most Detroit, MI residents have annual incomes between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48206›2987 Gladstone St

This home is located at 2987 Gladstone St in Detroit, MI and zip code 48206 in the Rosa Parks neighborhood. This 28,696 square foot home, which was built in 1925, sits on a 0.29 acre lot. Features: 34 bathrooms. It has been listed on Rocket Homes since February 19, 2024 and is currently priced at $195,000.

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 inventory of homes for sale in Detroit, MI between February 2024 and March 2024 increased by 10.7%. The median list price of listings available in March 2024 was $80,163, while the average time on the real estate market was 49 days.

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

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