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7264 Wykes St, Detroit, MI, 48210

$109,000

Home List Price

$1,294*

Closing Credit

2 Full Baths
1,600 SqFt
$68/SqFt
Multi
Schools Nearby

Location

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7264 Wykes St, Detroit$109,000

Buyer Closing Credits

$1,294*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1924
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240018239
Lot Size0.08 Acres
StatusActive

About 7264 Wykes St

Introducing this 2 Unit cash cow generating a passive income of 1600 a month with two units being leased out at 800/ Per Unit. The Property Consists of 2 Full Bedrooms 1 Full Bath 1 Dining room 1 living room and a Kitchen in each unit. Tenants are month to month, plan on leaving but they don't mind to stay.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1924
  • Stories: 2
  • Living Area: 1,600 SqFt

Listing Office:

  • Office Name: Simon & Associates Real Estate
  • Office Phone: (248) 635-2880
  • Listing Agent: Mohammed Halemi

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: Drive east on warren and make a right on wykes

Price Information

Listing Price Info

Price Summary:

  • List Price: $109,000
  • Price Per SqFt: $68/SqFt
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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

7264 Wykes St vs Detroit

38 DAYS ON ROCKET

-11 Days

$109,000

+$28.8K More

$68/SqFt

-$2 Less

KEY TAKEAWAY

This property is $28.8K more than the Median Sold Price and $2/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: #20240018239

Listing Office:

  • Office Name: Simon & Associates Real Estate
  • Office Phone: (248) 635-2880
  • Listing Agent: Mohammed Halemi

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

Tax History

YEARPROP. TAXASSESSMENT
2021 - -

History based on county public records data.

Payment Calculator

$612

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$393

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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-2941292
5
/10
  • McDonald Elementary School

  • 10151 Diversey St

  • 0.91 miles

  • Public District Grades PK-5

school-card-donut-2941293
5
/10
  • Riverside Academy

  • 7124 Miller Rd

  • 1.30 miles

  • Public Charter Grades KG-5

school-card-donut-2941294
8
/10
  • Iris Becker Elementary School

  • 10821 Henson St

  • 1.31 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,356. Most Detroit, MI residents have annual incomes less than $35k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesMichiganWayne CountyDetroit482107264 Wykes St

This home is located at 7264 Wykes St in Detroit, MI and zip code 48210 in the Tireman neighborhood. This 1,600 square foot home, which was built in 1924, sits on a 0.08 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since March 22, 2024 and is currently priced at $109,000.

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 homes for sale in Detroit, MI increased by 10.7% between February 2024 and March 2024. In March 2024, listings were on the market for 49 days. During the same period, the median list price in this real estate market was $80,163.

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

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