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Sold
  • $115,000

    11510 Flanders St, Detroit, MI 48205

    6beds
    2baths
    --sqft
    2 to 4 Units
    Built in 1926
    -- sqft lot
    $111,400 Zestimate®
    $--/sqft
    $910 Estimated rent

    Home value

    $111,400

    $87,000 - $138,000

    $910/mo

    Zestimate® history
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    $910/mo

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    $910/mo

    Rent Zestimate®

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    $662/mo

    Est. payment

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    $662/mo

    Est. payment

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    What's special

    Welcome to your investment opportunity! This updated 2-family flat, nestled in a vibrant Detroit neighborhood on the city's eastside, offers a blend of modern amenities and tenant stability. If you're an investor looking for a turn-key investment opportunity with rental income, this property is worth exploring. Each unit offers a full floor plan complete with 3 large bedrooms, 1 full bathroom, kitchen, living room and dining room. The property has undergone recent renovations including: New roof (2020), Kitchen (upstairs unit 2021), Sump Pump (2021), Bathroom (downstairs unit 2022) Front porch (upstairs unit 2023). Enjoy the peace of mind with long term, reliable tenants already in place (month to month leases), so you can begin to generate income immediately! This area is prime for redevelopment, located 1.5 blocks from Detroit City Airport, and a few short blocks from Gratiot Ave., which is undergoing a commercial real estate face lift, this home has the potential to see an appreciation in its value for many years to come! Don't miss out on this opportunity to own a well-maintained, income-generating property in the heart of Detroit's revitalization. Act fast, as properties like this are in high demand!

    Zillow last checked: 7 hours ago

    Listing updated: April 05, 2024 at 10:40am

    Listed by:

    Clayton Neal 313-433-3920,

    Keller Williams Metro

    Bought with:

    Phillice Davis

    Source: MichRIC,MLS#: 24004761MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    Heating
    • Forced Air
    Features
    • Basement: Full

    Property

    Parking
    • Total spaces: 6
    Lot
    • Size: 5,662 sqft
    • Dimensions: 53 x 106
    Details
    • Parcel number: 21011424.

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 2 to 4 Units
    Materials
    • Brick
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1926

    Utilities & green energy

    • Sewer: Public Sewer, Storm Sewer
    • Utilities for property: Phone Available, Natural Gas Available, Electricity Available, Natural Gas Connected

    Community & neighborhood

    Location
    • Region: Detroit

    Other

    Other facts
    • Listing terms: FHA,Cash,Conventional

    Price history

    DateEventPrice
    4/5/2024Sold$115,000+4.6%
    Source: MichRIC #24004761 Report a problem
    2/8/2024Pending sale$109,900
    Source: Realcomp II #81024004761 Report a problem
    1/26/2024Listed for sale$109,900+1273.8%
    Source: MichRIC #24004761 Report a problem
    3/18/2008Sold$8,000-90.4%
    Source: Public Record Report a problem
    2/16/2007Sold$83,600-12%
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $47,700 +23.6%
    2024-- $38,600 +37.4%
    2023-- $28,100 +29.5%

    Find assessor info on the county website

    Neighborhood: Gratiot-Findlay

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $111,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $111,400