13 days on rocket

7005 Eaton St, Detroit, MI, 48238

$349,000

Home List Price

$4,144*

Closing Credit

8 Full Baths
2,200 SqFt
$159/SqFt
Multi
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

7005 Eaton St, Detroit$349,000

Buyer Closing Credits

$4,144*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
Year Built1936
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240025151
Lot Size0.09 Acres
StatusActive

About 7005 Eaton St

Introducing an incredible investment opportunity on Detroit's vibrant West side! This apartment building, comprising of 8 separate units across two addresses, presents an exciting prospect for savvy investors. With it's prime location offering easy access to expressways, a short drive to Downtown Detroit, and many amenities nearby, this property holds immense potential. Currently in need of extensive renovation, this building is a blank canvas awaiting transformation with the promise of significant returns. Don't miss out on this opportunity to breath new life into a piece of Detroit's history and reap the rewards for years to come! This sale includes addresses 7005 and 7015.

Property Details

Property Features

Property Information:

  • Architectural Style: Common Entry Building, Other
  • Year Built: 1936
  • Stories: 2
  • Living Area: 2,200 SqFt

Listing Office:

  • Office Name: Rondo Investment LLC
  • Office Phone: (313) 521-6666
  • Listing Agent: Kathlene Desmone

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 8

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: West on Eaton from Livernois.

Price Information

Listing Price Info

Price Summary:

  • List Price: $349,000
  • Price Per SqFt: $159/SqFt

Tax Information:

  • Annual Amount: $44
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

Detroit, MI

City

Med. Sold Price

$81K

Med. Price/SqFt

$70

Avg. Days On Market

45

# of Sold Homes

426

7005 Eaton St vs Detroit

13 DAYS ON ROCKET

-32 Days

$349,000

+$267.9K More

$159/SqFt

+$88 More

KEY TAKEAWAY

This property is $267.9K more than the Median Sold Price and $88/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: #20240025151

Listing Office:

  • Office Name: Rondo Investment LLC
  • Office Phone: (313) 521-6666
  • Listing Agent: Kathlene Desmone

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, 3:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$44$1,800
2020$88$900
2018$88$1,300
2017$88$1,200

History based on county public records data.

Payment Calculator

$1,809

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,113

Powered By

Rocket Mortgage

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-4524382
5
/10

  • Henry Ford Academy:School For Creative Studies-Ele

  • 10225 3rd St

  • 2.62 miles

  • Public Charter Grades KG-5

school-card-donut-4524383
5
/10

  • McDonald Elementary School

  • 10151 Diversey St

  • 3.57 miles

  • Public District Grades PK-5

school-card-donut-4524384
5
/10

  • McCollough Elementary School

  • 7801 Maple St

  • 3.83 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,596. The majority of Detroit, MI residents have income less than $35k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48238›7005 Eaton St

This home is located at 7005 Eaton St in Detroit, MI and zip code 48238 in the Harmony VIllage neighborhood. This 2,200 square foot home, which was built in 1936, sits on a 0.09 acre lot. Features: 8 bathrooms. It has been listed on Rocket Homes since April 18, 2024 and is currently priced at $349,000.

While more than 94 listings in Detroit, MI in April 2024 were sold above asking price, there were more than 89 listings sold at asking price, and more than 243 were sold below. The number of listings 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.

More Resources