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Sold for $170,500
  • $170,500

    8716 3rd St, Detroit, MI 48202

    4beds
    2,984sqft
    Multi Family
    Built in 1917
    -- sqft lot
    $-- Zestimate®
    $57/sqft
    $1,573 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,573/mo

    Zestimate® history
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    What's special

    Surrounded by major development projects in every direction. This apartment development opportunity is conveniently located between Boston Edison and New Center area. Just a few blocks from historic Detroit landmarks like Henry Ford Hospital, Motown Museum, and The Fisher Building to name a few. Minutes from downtown. This building is ready for redevelopment. Architectural plans drawn up to restore the building to a four (4) 1 bedroom unit apartment building or potentially adding 2 additional 1 bedroom garden style units in the basement creating a 6 unit apartment building. Adjacent vacant lot at 746 Blaine (Parcel ID: 04002206) to be included in sale for potential off street parking or future building site for another multi-unit building.

    Zillow last checked: 7 hours ago

    Listing updated: November 11, 2023 at 06:13am

    Listed by:

    Joseph Schneider 810-335-3748,

    Frank Real Estate

    Bought with:

    Davonte Moore, 6501387739

    KW Professionals

    Source: MiRealSource,MLS#: 50109981MLS LogoOriginating MLS: MiRealSource

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Forced Air
    Features
    • Basement: Block
    • Has fireplace: No
    Interior area
    • Total structure area: 2,984
    • Total interior livable area: 2,984 sqft

    Property

    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Porch
    Lot
    • Size: 2,613 sqft
    • Dimensions: 2614
    Details
    • Parcel number: 04002205

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Basement
    Condition
    • Year built: 1917

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: Public At Street
    • Water: Public Water at Street

    Community & neighborhood

    Location
    • Region: Detroit
    • Subdivision: Mc Laughlin Brothers Sub

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Ownership type: LLC

    Price history

    DateEventPrice
    11/7/2023Sold$170,500-31.5%$57/sqft
    Source: MiRealSource #50109981 Report a problem
    8/14/2023Pending sale$249,000$83/sqft
    Source: MiRealSource #50109981 Report a problem
    8/11/2023Listed for sale$249,000$83/sqft
    Source: MiRealSource #50109981 Report a problem
    7/21/2023Pending sale$249,000$83/sqft
    Source: MiRealSource #50109981 Report a problem
    5/24/2023Listed for sale$249,000+24.5%$83/sqft
    Source: MiRealSource #50109981 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $35,200 +24.4%
    2024-- $28,300 +25.2%
    2023-- $22,600 +20.9%

    Find assessor info on the county website

    Neighborhood: Piety Hill

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Detroit City School District

    Source: MiRealSource. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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