Great 4 unit investment opportunity close to major freeways and midtown/downtown areas. Sale contingent on buyer/seller executed development agreement. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.
Property Details
Property Features
Property Information:
Architectural Style: Upper/Lower Apartment
Year Built: 1923
Stories: 2
Living Area: 2,910 SqFt
Listing Office:
Office Name: Bellabay Realty Tri Counties
Office Phone: (248) 274-6614
Listing Agent: Natasha C Richards
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Partial Bathrooms: 4
Full Bathrooms: 4
Exterior Features
Exterior Information:
Private Pool: No
Lot Features
Lot Information:
Lot Size: 0.11 Acres
Utilities
Utilities Information:
Heating: Natural Gas, Forced Air
Other
Directions Information:
Directions: Between S Martindale and S Clarendon
Price Information
Listing Price Info
Price Summary:
List Price: $20,000
Price Per SqFt: $7/SqFt
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Housing Market Comparison
See how this home compares to others in Detroit, MI.
This property is $60.1K less than the Median Sold Price and $63/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: #20240024695
Listing Office:
Office Name: Bellabay Realty Tri Counties
Office Phone: (248) 274-6614
Listing Agent: Natasha C Richards
Disclaimer: 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.
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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.
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Nearby Schools
5
/10
McDonald Elementary School
10151 Diversey St
Distance between this listing and this school1.88 miles
Public District Grades PK-5
3
/10
Voyageur Academy
4321 Military St
Distance between this listing and this school2.12 miles
Public Charter Grades KG-4
6
/10
Cesar Chavez Academy Intermediate School
4100 Martin St
Distance between this listing and this school2.31 miles
Public Charter Grades 3-5
Nearby Schools
2
/10
Hope Academy
12121 Broadstreet Ave
Distance between this listing and this school1.23 miles
Public Charter Grades KG-8
6
/10
Hope of Detroit Academy
4443 N Campbell St
Distance between this listing and this school1.99 miles
Public Charter Grades KG-8
5
/10
George Crockett Academy
4851 14th St
Distance between this listing and this school2.29 miles
Public Charter Grades KG-8
Nearby Schools
2
/10
Central Collegiate Academy
2425 Tuxedo St
Distance between this listing and this school1.68 miles
Public District Grades 9-12
3
/10
Voyageur Consortium High School
4366 Military St
Distance between this listing and this school2.08 miles
Public Charter Grades 5-12
3
/10
Southwest Detroit Lighthouse Charter Academy
4001 29th St
Distance between this listing and this school2.14 miles
The neighbors living near this home have an average income of $27,857. Most Detroit, MI residents have annual incomes less than $35k. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.
This home is located at 8780 Beechwood St in Detroit, MI and zip code 48204 in the Tireman neighborhood. This 2,910 square foot home, which was built in 1923, sits on a 0.11 acre lot. Features: 8 bathrooms. It has been listed on Rocket Homes since April 17, 2024 and is currently priced at $20,000.
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%. Listings spent 49 days on the market in March 2024, and had a median list price of $80,163 during the same period.
From Rocket Homes Real Estate and based on county public records data.