11 days on rocket

8937-41 Gratiot Ave, Detroit, MI, 48213

$30,000

0.08 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeVacant Land
MLS #20240027666
Lot Size0.08 Acres
StatusActive

About 8937-41 Gratiot Ave

Attention investors! This is an exceptional opportunity to acquire two adjacent parcels of land totaling over 7,500 square feet, situated in a prime location near I-94 and within easy reach of Downtown Detroit. These parcels present an excellent redevelopment opportunity, with the neighborhood poised for significant growth and new housing developments in the near future. Don't miss your chance to be a part of the revitalization of Detroit and establish your presence on the renowned Gratiot Road.

Property Details

Property Features

Listing Office:

  • Office Name: Prestige Realty Services LLC
  • Office Phone: (248) 904-1974
  • Listing Agent: Enrico J Johnson

Lot Features

Lot Information:

  • Lot Size: 0.08 Acres

Other

Directions Information:

  • Directions: I - 94 to Gratiot southbound

Price Information

Listing Price Info

Price Summary:

  • List Price: $30,000
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Housing Market Comparison

See how this home compares to others in Detroit, MI.

Med. Sold Price

$81K

Med. Price/SqFt

$70

Avg. Days On Market

45

# of Sold Homes

426

8937-41 Gratiot Ave vs Detroit

11 DAYS ON ROCKET

-34 Days

$30,000

-$51K Less

KEY TAKEAWAY

This property is $51K less than the Median Sold Price in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240027666

Listing Office:

  • Office Name: Prestige Realty Services LLC
  • Office Phone: (248) 904-1974
  • Listing Agent: Enrico J Johnson

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: 5/8/2024, 5:20:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$217

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$156

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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-8252975
4
/10
  • University Preparatory Science and Math - Elementa

  • 2251 Antietam Ave

  • 1.28 miles

  • Public Charter Grades KG-5

school-card-donut-8252976
3
/10
  • Detroit Academy of Arts and Sciences

  • 2985 E Jefferson Ave

  • 1.52 miles

  • Public Charter Grades KG-5

school-card-donut-8252977
7
/10
  • The James and Grace Lee Boggs School

  • 4141 Mitchell St

  • 2.01 miles

  • Public Charter Grades KG-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $55,233. The most common annual income of people living in Detroit, MI is between $35k-100k. Most families are 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

Frequently Asked Questions About 8937-41 Gratiot Ave

What is the listing price of this property?

The listing price of 8937-41 Gratiot Ave property is $30,000.

What type of property is this?

The property 8937-41 Gratiot Ave is land located in Detroit, Michigan, 48213.

Is this property for sale now?

Active Listing: 8937-41 Gratiot Ave is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 8937-41 Gratiot Ave is 0.08 acres.
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Rocket HomesMichiganWayne CountyDetroit482138937-41 Gratiot Ave

This home is located at 8937-41 Gratiot Ave in Detroit, MI and zip code 48213 in the Central Business District neighborhood. This home sits on a 0.08 acre lot. It has been listed on Rocket Homes since April 26, 2024 and is currently priced at $30,000.

Over 94 listings were sold over their listed price in April 2024 in Detroit, MI. In the same period over 243 listings were sold below the listed price and 89 listings were sold for the listed price. The number of homes for sale in Detroit, MI increased by 12.7% between March 2024 and April 2024. Listings spent 45 days on the market in April 2024, and had a median list price of $81,036 during the same period.

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

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