2 months on rocket

8074 Walden St, Detroit, MI, 48213

$145,000

Home List Price

$1,722*

Closing Credit

2 Full Baths
2,550 SqFt
$57/SqFt
Multi
Schools Nearby

Location

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8074 Walden St, Detroit$145,000

Buyer Closing Credits

$1,722*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1925
HeatingNatural Gas, Hot Water
BasementYes
MLS #20240011568
Lot Size0.09 Acres
StatusActive

About 8074 Walden St

This brick duplex will make a fantastic addition to your investment portfolio! Both two bedroom units are occupied by tenants paying $900/month for a total rental income of $1,80/month! Rent includes water, tenants pay their own electric and gas service. Near Hamtramck and with an easy commute to downtown Detroit, this property will be appealing to tenants for years to come. All information has been estimated, buyer to verify. Showings will only be considered with an accepted offer. DO NOT APPROACH OR DISTURB THE TENANTS!

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1925
  • Stories: 2
  • Living Area: 2,550 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: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water

Other

Directions Information:

  • Directions: East on Walden from Van Dyke

Price Information

Listing Price Info

Price Summary:

  • List Price: $145,000
  • Price Per SqFt: $57/SqFt

Tax Information:

  • Annual Amount: $1,156
  • 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

8074 Walden St vs Detroit

64 DAYS ON ROCKET

+15 Days

$145,000

+$64.8K More

$57/SqFt

-$13 Less

KEY TAKEAWAY

This property is $64.8K more than the Median Sold Price and $13/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: #20240011568

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: 5/1/2024, 9:25:20 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$1,156$7,900
2020$758$8,400
2018$758$9,300
2017$756$9,000

History based on county public records data.

Payment Calculator

$791

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$501

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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-4143632
7
/10

  • Oakland International Academy - Elementary School

  • 4001 Miller St

  • 1.03 miles

  • Public Charter Grades 2-4

school-card-donut-4143633
7
/10

  • Bridge Academy - Elementary School

  • 9600 Buffalo St

  • 1.38 miles

  • Public Charter Grades PK-5

school-card-donut-4143634
5
/10

  • Dickinson East Elementary School

  • 3385 Norwalk St

  • 1.61 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,674. Most Detroit, MI residents have annual incomes less than $35k. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48213›8074 Walden St

This home is located at 8074 Walden St in Detroit, MI and zip code 48213 in the North East neighborhood. This 2,550 square foot home, which was built in 1925, sits on a 0.09 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since February 26, 2024 and is currently priced at $145,000.

In March 2024 more than 94 listings in Detroit, MI were sold above the asking price. During the same period more than 74 listings were sold at asking price, while more than 224 were sold below. The inventory of homes for sale in Detroit, MI between February 2024 and March 2024 increased 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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