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9429 Brush St, Detroit, MI, 48202

$550,000

Home List Price

$6,531*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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9429 Brush St, Detroit$550,000

Buyer Closing Credits

$6,531*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1912
HeatingForced Air, Natural Gas
CoolingNone
BasementYes
MLS #24013702
Lot Size0.09 Acres
StatusActive

About 9429 Brush St

Tenant occupied. No showings without an accepted offer. Nestled in Detroit's North End neighborhood, this fully leased quadplex is the perfect purchase for a savvy investor. These fully gut rehabbed units feature hardwood floors, bedrooms with ample closet options, and updated kitchens with lots of cabinetry. The plumbing, electrical, and heating systems are all updated. With a gross annual income of $65,700, this property is the perfect purchase for a savvy investor. There are an additional 2 unfinished units in the basement ready to be brought back to life. Less than 10 minute drive to downtown Detroit, and a 5 minute drive to midtown, this investment opportunity is uniquely rare and one to take advantage of.

Property Details

Property Features

Property Information:

  • Year Built: 1912

Listing Office:

  • Office Name: Prep Realty
  • Office Phone: (313) 355-3004
  • Listing Agent: Ishma D Best

Interior Features

Interior Information:

  • Basement: Yes

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: None

Other

Directions Information:

  • Directions: Brush St between Kenilworth and Westminster

Price Information

Listing Price Info

Price Summary:

  • List Price: $550,000

Tax Information:

  • Annual Amount: $2,511
  • 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

9429 Brush St vs Detroit

36 DAYS ON ROCKET

-13 Days

$550,000

+$469.8K More

KEY TAKEAWAY

This property is $469.8K more than the Median Sold Price in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Michigan Regional Information Center (MichRIC)
  • MLS Number: #24013702

Listing Office:

  • Office Name: Prep Realty
  • Office Phone: (313) 355-3004
  • Listing Agent: Ishma D Best

Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 11:20:21 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$2,511$35,700
2020$2,467$33,700
2018$2,467$24,600
2017$2,489$24,500

History based on county public records data.

Payment Calculator

$2,813

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

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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.

Nearby Schools

school-card-donut-1181844
5
/10

  • Henry Ford Academy:School For Creative Studies-Ele

  • 10225 3rd St

  • 0.78 miles

  • Public Charter Grades KG-5

school-card-donut-1181845
3
/10

  • Dickinson West Elementary School

  • 2333 Burger St

  • 1.07 miles

  • Public District Grades KG-6

school-card-donut-1181846
4
/10

  • University Preparatory Academy (Psad) Elementary School

  • 435 Amsterdam St

  • 1.48 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 $29,390. The most common annual income of people living in Detroit, MI is less than $35k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48202›9429 Brush St

This home is located at 9429 Brush St in Detroit, MI and zip code 48202 in the Alden Park neighborhood. This home, which was built in 1912, sits on a 0.09 acre lot. It has been listed on Rocket Homes since March 21, 2024 and is currently priced at $550,000.

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. The number of homes for sale in Detroit, MI increased by 10.7% between February 2024 and March 2024. While the average time on the market in March 2024 was 49 days, the median list price was $80,163.

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

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