2 months on rocket

7711 Rangoon St, Detroit, MI, 48210

$300,000

Home List Price

$3,563*

Closing Credit

4 Full Baths
3,800 SqFt
$79/SqFt
Multi
Schools Nearby

Location

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7711 Rangoon St, Detroit$300,000

Buyer Closing Credits

$3,563*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1935
HeatingNatural Gas, Hot Water
MLS #20240006080
Lot Size0.14 Acres
StatusActive

About 7711 Rangoon St

Welcome to 7711 Rangoon St, Detroit, MI 48204 — a quadraplex with strong investment potential. This well-maintained property features four units, three currently tenant-occupied for immediate rental income. Recently remodeled in 2022 with updated flooring and fresh paint, it boasts a 2-year-old roof, some newer windows, and hot water tanks replaced two years ago. Just 10 minutes from both downtown Detroit and downtown Dearborn, this quadraplex is a prime investment opportunity. Schedule a showing via ShowingTime to explore the advantages of owning this turnkey property in Detroit. Please refrain from disturbing the tenants.

Property Details

Property Features

Property Information:

  • Architectural Style: Quadruplex
  • Year Built: 1935
  • Stories: 2
  • Living Area: 3,800 SqFt

Listing Office:

  • Office Name: Home Realty Partners
  • Office Phone: (248) 973-7884
  • Listing Agent: Steven Kouzikas

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Fenced

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water

Other

Directions Information:

  • Directions: Livernois To Joy Rd West To Rangoon

Price Information

Listing Price Info

Price Summary:

  • List Price: $300,000
  • Price Per SqFt: $79/SqFt

Tax Information:

  • Annual Amount: $951
  • 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

7711 Rangoon St vs Detroit

87 DAYS ON ROCKET

+38 Days

$300,000

+$219.8K More

$79/SqFt

+$9 More

KEY TAKEAWAY

This property is $219.8K more than the Median Sold Price and $9/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: #20240006080

Listing Office:

  • Office Name: Home Realty Partners
  • Office Phone: (248) 973-7884
  • Listing Agent: Steven Kouzikas

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, 4:25:19 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$951$17,300
2020$722$16,000
2018$722$18,500
2017$720$16,000

History based on county public records data.

Payment Calculator

$1,565

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$966

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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-2882562
5
/10

  • McDonald Elementary School

  • 10151 Diversey St

  • 1.07 miles

  • Public District Grades PK-5

school-card-donut-2882563
5
/10

  • Riverside Academy

  • 7124 Miller Rd

  • 1.51 miles

  • Public Charter Grades KG-5

school-card-donut-2882564
3
/10

  • Voyageur Academy

  • 4321 Military St

  • 1.55 miles

  • Public Charter Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,732. Typical income of Detroit, MI residents is less than $35k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48210›7711 Rangoon St

This home is located at 7711 Rangoon St in Detroit, MI and zip code 48210 in the Tireman neighborhood. This 3,800 square foot home, which was built in 1935, sits on a 0.14 acre lot. Features: 4 bathrooms. It has been listed on Rocket Homes since February 01, 2024 and is currently priced at $300,000.

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. Between February 2024 and March 2024, Detroit, MI real estate market has seen increase in the number of listings by 10.7%. 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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