3918 Mount Elliott Street Detroit, MI ^$ 24,900

3918 Mount Elliott Street

^$ 24,900

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3918 Mount Elliott Street

Detroit, MI, 48207

^$ 24,900

Bedrooms6 Baths2.0 Sq 2,444

Monthly Estimate*

^$ 174

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Multi-Family Home for sale in Detroit, MI

for $24,900 with 6 bedrooms and 2 full baths. This 2,444 square foot home was built in 1916 on a lot size of 0.11.

6 TOTAL BEDS DUPLEX - Three bedroom upstairs with balcony and and Three bedrooms downstairs with each having private basement, bath, living room, dining room, and full kitchen all large with high ceilings. This Property also has a huge attic floor with skylights. LOCATION LOCATION LOCATION, just minutes, a bike ride to Downtown Detroit, and walking distance to Dequindre Cut and Eastern Market. This property is need of a developer to bring this gem to light with some TLC. Sale is contingent on upon buyer signing a stipulated agreement with the Detroit Land Bank.

Multi-Family Pending

Price

^$ 24,900

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 921

Style

Colonial

Lot Size

0.11

Year Built

1916

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20230023605

Features

General

Interior Features Cable Available

Sewer Public Sewer (Sewer-Sanitary) Sewer at Street

Heating Forced Air

Possession At Close

Pets Allowed Cats OK Dogs OK Yes

Exterior Features Pool - Above Ground

Zoning Multi-Family Residential

Pool Y/N 1

Full Baths 2

Half Baths 0

Year Built 1916

Property Type Multifamily

Subdivision Name MELDRUM FARM SUB (PLATS)

Transaction Type Sale

Basement Type Unfinished Private

Status Pending

Short Sale No

Construction Materials Cedar

Cumulative Days on Market 84

MLS Area Det: 6-Mack I75-Conner

Directions Mount Elliot and Gratiot very close to Downtown Detroit and walking distance to Eastern Market.

City Detroit

Terms Offered Cash Contract Quit Claims Deed Warranty Deed

School District Detroit

Land Contract 1

Down Payment Resource 1

Ownership Status Broker/Agent Owned Short Sale - No

Street Name MOUNT ELLIOTT

Total Sq Ft 2444

DOM 84

Taxes 921.0000

Legal Description Property exempt from Ad Valorem taxes and assessed on the Special Act Roll pursuant to PA 261 of 2003 expiring 12/30/2024. E MT ELLIOTT 37 SUB OF PT MELDRUM FARM L8 P95 PLATS W C R 15/54 30 X 160

Interior

Heating Fuel Natural Gas

Basement Y/N 1

Total Units 2

Fireplace 0

Street Suffix Street

Total Baths 2.00

Exterior

Waterfront 0

Lot Size Area 0.11

Water Source Public (Municipal) Water at Street

Foundation Basement

Lot Size Dimensions 30 x 160

Roof Material Asphalt

Architecture Level 3 Story

Architecture Style Colonial

Internal Only

Originating MLS Realcomp II Ltd

* Excluded Features

List By

Rashad Elabed

Listing Agent

Downtown Realty

Broker

(313) 466-7253

Phone

Affordability Calculator

$251

Per Month

Monthly Principal & Interest: $174
Monthly Property Taxes: $77
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Detroit, MI

Average List Price ^$214,297

Percent of Sale Price 761%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

848539 Elementary School

848135 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/18/2024	$24,900		Listed Price

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3918 Mount Elliott Street, Detroit, MI, 48207 is a Multi-Family Home for sale at $24,900 with 2,444 sqft and a lot size of 0.11. 3918 Mount Elliott Street has 6 bedrooms, 2.0 baths, and was built in 1916. The property's zip code is 48207 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The information being provided is 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.

Data is updated as of 5/3/2024.

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3918 Mount Elliott Street

Multi-Family Home for sale in Detroit, MI

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