18 days on rocket

310 Hendrie St, Detroit, MI, 48202

$575,000

Home List Price

$6,828*

Closing Credit

3 Full Baths, 1 Partial
2,914 SqFt
$197/SqFt
Multi
Schools Nearby

Location

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310 Hendrie St, Detroit$575,000

Buyer Closing Credits

$6,828*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingGarages, On Street
Year Built1920
HeatingNatural Gas, Forced Air
CoolingCentral Air
BasementYes
MLS #20240023010
Lot Size0.13 Acres
StatusActive

About 310 Hendrie St

This multifamily property, in the Art Center neighborhood of Midtown, is a prime investment opportunity for the savvy house hacker or investor. The home features two spacious units, offering an incredible income potential, plus value add opportunity upgrading the massive attic to a third floor apartment. Those wanting to occupy one of the flats as their primary residence can cut their housing payment in half with the incoming rent. New lending guidelines require only 5% down! Each unit comes complete with a suite of modern appliances, including a refrigerator, range, dishwasher, microwave, washer, and dryer. The upper unit, currently occupied, boasts three bedrooms and two baths, plus central air, providing comfortable and attractive living space. The lower unit, currently vacant, has three bedrooms and one bath, plus a private basement, rec room with 1/2 bath. Shared yard and laundry room. Large two car garage currently rented to second floor tenants. Situated in a strategic location, this property is just moments away from Wayne State University, two major medical system complexes, three freeways, and a short walk to bustling Woodward Avenue, city bus and Q-Line light rail. With its outstanding rental history, central location, and strong potential for appreciation, this investment opportunity is not to be missed for those looking to capitalize on Detroit's dynamic real estate market.

Property Details

Property Features

Property Information:

  • Architectural Style: Duplex
  • Year Built: 1920
  • Stories: 2
  • Living Area: 2,914 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices The Loft Warehouse
  • Office Phone: (313) 658-6400
  • Listing Agent: Jan Dijkers

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Other, High Spd Internet Avail, Laundry Facility

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Lighting, Private Entry

Parking Information:

  • Parking: Garages, On Street

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From I-75 N bound, exit E Warren, go right on Brush St, left of Hendrie St, subject on left

Price Information

Listing Price Info

Price Summary:

  • List Price: $575,000
  • Price Per SqFt: $197/SqFt

Tax Information:

  • Annual Amount: $1,438
  • 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

310 Hendrie St vs Detroit

18 DAYS ON ROCKET

-31 Days

$575,000

+$494.8K More

$197/SqFt

+$127 More

KEY TAKEAWAY

This property is $494.8K more than the Median Sold Price and $127/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: #20240023010

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices The Loft Warehouse
  • Office Phone: (313) 658-6400
  • Listing Agent: Jan Dijkers

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: 4/30/2024, 4:25:20 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

Aug 17, 2018Home Sold
$150,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,438$39,300
2020$1,132$37,200
2018$1,132$26,500
2017$1,128$24,000

History based on county public records data.

Payment Calculator

$2,937

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,790

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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-3813506
4
/10
  • University Preparatory Academy (Psad) Elementary School

  • 435 Amsterdam St

  • 0.45 miles

  • Public Charter Grades KG-5

school-card-donut-3813507
3
/10
  • University Preparatory Academy (PSAD) Elementary School

  • 957 Holden St

  • 0.68 miles

  • Public Charter Grades KG-5

school-card-donut-3813508
7
/10
  • The James and Grace Lee Boggs School

  • 4141 Mitchell St

  • 1.61 miles

  • Public Charter Grades KG-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,063. Residents of Detroit, MI typically earn less than $35k each year. Residents typically live in single, no kids family. 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›48202›310 Hendrie St

This home is located at 310 Hendrie St in Detroit, MI and zip code 48202 in the Downtown neighborhood. This 2,914 square foot home, which was built in 1920, sits on a 0.13 acre lot. Features: 4 bathrooms. It has been listed on Rocket Homes since April 12, 2024 and is currently priced at $575,000.

Detroit, MI housing market in March 2024 saw over 94 listings sold above listed price, more than 74 sold at listed price and over 224 sold below. The number of listings 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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