2 months on rocket

4267 Buena Vis, Detroit, MI, 48238

$109,900

Home List Price

$1,305*

Closing Credit

2 Full Baths
2,054 SqFt
$54/SqFt
Multi
Schools Nearby

Location

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4267 Buena Vis, Detroit$109,900

Buyer Closing Credits

$1,305*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1924
HeatingNatural Gas, Forced Air, Separate Meters
BasementYes
MLS #20240008301
StatusActive

About 4267 Buena Vis

Welcome to your next investment opportunity in the vibrant Russell Woods Community of Detroit! This well-maintained 2-unit multifamily property offers an excellent opportunity for investors or owner-occupants looking to generate rental income in a thriving neighborhood. Situated on a spacious lot, this property boasts a charming exterior with a deck in the back, providing an ideal space for outdoor relaxation or entertaining. Additionally, each unit features a balcony, offering tenants a private outdoor retreat. Both units are in good condition and are ready for tenants to move in immediately. With a potential rental income of $1100 per month for each unit, this property presents a lucrative investment opportunity with significant earning potential. Russell Woods is a highly desirable community within the city of Detroit, known for its historic charm and ongoing revitalization efforts. As the neighborhood continues to grow and improve, this property stands to benefit from its prime location and promising future prospects. Minimal cosmetic updating may be desired to further enhance the property's appeal and value, but overall, it is move-in ready and awaits its next occupants. Don't miss out on the chance to own a piece of this up-and-coming community and start generating passive income with this turnkey investment opportunity. Schedule a viewing today and seize the potential this property has to offer!

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1924
  • Stories: 2
  • Living Area: 2,054 SqFt

Listing Office:

  • Office Name: Braven Enterprises LLC
  • Office Phone: (248) 457-5499
  • Listing Agent: JeQua Halliburton

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air, Separate Meters

Other

Directions Information:

  • Directions: N Of Livernois From 6 Mile To Buena Vista L On Buena Vista

Price Information

Listing Price Info

Price Summary:

  • List Price: $109,900
  • Price Per SqFt: $54/SqFt
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Housing Market Comparison

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

Med. Sold Price

$81K

Med. Price/SqFt

$70

Avg. Days On Market

45

# of Sold Homes

426

4267 Buena Vis vs Detroit

81 DAYS ON ROCKET

+36 Days

$109,900

+$28.8K More

$54/SqFt

-$17 Less

KEY TAKEAWAY

This property is $28.8K more than the Median Sold Price and $17/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: #20240008301

Listing Office:

  • Office Name: Braven Enterprises LLC
  • Office Phone: (248) 457-5499
  • Listing Agent: JeQua Halliburton

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: 5/2/2024, 12:25:22 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$616

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$396

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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-4478988
7
/10
  • The James and Grace Lee Boggs School

  • 4141 Mitchell St

  • 1.77 miles

  • Public Charter Grades KG-4

school-card-donut-4478989
7
/10
  • Oakland International Academy - Elementary School

  • 4001 Miller St

  • 2.24 miles

  • Public Charter Grades 2-4

school-card-donut-4478990
4
/10
  • University Preparatory Science and Math - Elementa

  • 2251 Antietam Ave

  • 2.28 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,906. Typical income of Detroit, MI residents is between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket Homes›Michigan›Wayne County›Detroit›48238›4267 Buena Vis

This home is located at 4267 Buena Vis in Detroit, MI and zip code 48238 in the Lower East neighborhood. This 2,054 square foot home was built in 1924. Features: 2 bathrooms. It has been listed on Rocket Homes since February 10, 2024 and is currently priced at $109,900.

In April 2024, from all listings sold in Detroit, MI there were more than 94 sold above asking price, over 243 sold below and more than 89 were sold right at the asked price. The number of homes for sale in Detroit, MI increased by 12.7% between March 2024 and April 2024. While the average time on the market in April 2024 was 45 days, the median list price was $81,036.

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

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