13 days on rocket

8845 Meyers Rd, Detroit, MI, 48228

$165,000

Home List Price

$1,959*

Closing Credit

4 Bedrooms
2 Full Baths
1,966 SqFt
$84/SqFt
Multi
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

8845 Meyers Rd, Detroit$165,000

Buyer Closing Credits

$1,959*

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 Built1930
HeatingForced Air
BasementYes
MLS #50139480
Lot Size0.10 Acres
StatusActive

About 8845 Meyers Rd

Investors this a great opportunity to purchase a completely renovated 2-unit home! Everything has been done within the last year, nothing to do but close and cash flow!! Tenant occupied, both units paying 1200 per month, 2400 monthly income. All new stainless-steel appliances & Separate utilities. 2 additional lots included in the sale. PACKAGE DEAL AVAILABLE...an additional 2-unit property at 4357 W Philadelphia St to create a perfect 4-unit investment.

Property Details

Property Features

Property Information:

  • Year Built: 1930
  • Stories: 2
  • Living Area: 1,966 SqFt

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (269) 600-4397
  • Listing Agent: Joe Militello

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Porch

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Forced Air

School Info

School District Information:

  • School District: Detroit City School District

Price Information

Listing Price Info

Price Summary:

  • List Price: $165,000
  • Price Per SqFt: $84/SqFt

Agent Commission:

  • Buyer's Agent Commission: 3%

Tax Information:

  • Annual Amount: $1,350
  • 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

8845 Meyers Rd vs Detroit

13 DAYS ON ROCKET

-32 Days

$165,000

+$83.9K More

$84/SqFt

+$13 More

KEY TAKEAWAY

This property is $83.9K more than the Median Sold Price and $13/SqFt more than other homes in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MiRealSource
  • MLS Number: #50139480

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (269) 600-4397
  • Listing Agent: Joe Militello

IDX Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. Copyright MiRealSource.

The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/6/2024, 2:20:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 29, 2021Home Sold
$21,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,350$13,300
2020$981$12,500
2018$981$8,700
2017$977$9,500

History based on county public records data.

Payment Calculator

$891

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$561

Powered By

Rocket Mortgage

Advertisement

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-6780043
5
/10

  • McCollough Elementary School

  • 7801 Maple St

  • 0.87 miles

  • Public District Grades PK-5

school-card-donut-6780044
5
/10

  • McDonald Elementary School

  • 10151 Diversey St

  • 0.91 miles

  • Public District Grades PK-5

school-card-donut-6780045
5
/10

  • Riverside Academy

  • 7124 Miller Rd

  • 1.09 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,450. Typical income of Detroit, MI residents is between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48228›8845 Meyers Rd

This home is located at 8845 Meyers Rd in Detroit, MI and zip code 48228 in the Mackenzie neighborhood. This 1,966 square foot home, which was built in 1930, sits on a 0.10 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 22, 2024 and is currently priced at $165,000.

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. Between March 2024 and April 2024, Detroit, MI real estate market has seen increase in the number of listings by 12.7%. 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