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17 W JAMES Street River Rouge, MI $ 135,000
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$ 135,000 Get more info
17 W JAMES Street
$ 135,000
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17 W JAMES Street

River Rouge, MI, 48218
$ 135,000
Baths2.0 Sq 1,650

Monthly Estimate*

$ 842

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Studio

Multi-Family Home for sale in River Rouge, MI

for $135,000 with 2 full baths. This 1,650 square foot home was built in 1921 on a lot size of 0.08.

Picturesque, rental certified, income producing gem available here! Currently one long term tenant in place for $1100/mo and one unit vacant- perfect for househackers or investors wanting to also place their own tenant. Home has been rental certified for many years, has been updated with flooring, kitchens and bath, all appliances included, two car separate garage, and walking distance to schools, making this the perfect investment. Take advantage of rates coming down, and this very low entry price in today's market of multifamily opportunities. Owner does pay for gas and water- which price reflects this, still providing way over 10% return on your money. As is sale, Broker owned.

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Multi-Family Contingent

Price

$ 135,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 2,771

Style

Colonial

Lot Size

0.08

Year Built

1921

Town/City

River Rouge

County/Region

Wayne

MLS | Web ID

20251047391
Features
General
Sewer PublicSewer
Heating HotWater NaturalGas Steam
Possession AtClose
Garage Spaces 0.0
Architectural Style Colonial
Pool Features None
Construction Materials VinylSiding
Pets Allowed No
Year Built 1921
Levels Two
Property Subtype MultiFamily
County Wayne
Net Operating Income 27600.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Contingency AcceptingBackupOffers
Subdivision Name 2ND ADDITION TO FURGASONS SUB BLOCK 4
Garage Y/N N
Rent Includes Heat Water
Full Baths 2
Status Accepting Backup Offers
Directions Turn on from Jefferson
City RiverRougeCity_Wayne
Disclosures ProjectedIncome TaxesNotHomesteadExempt
Senior Community Y/N N
High School District RiverRouge
Zoning Description Residential
Number Of Units Total 2
MLS Area Area05144RiverRouge
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 1
Land Lease Y/N N
Tax Annual Amount 2771.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status ActiveUnderContract
Occupancy Type Tenant
Tax Assessed Value 27983
Expected Active Date 2025-10-21
Legal Description 114F6 BL4 LOT 6 BLOCK 4 2ND ADDITION TO FURGASONS SUB BLOCK PC 114 L18 P89 WCR
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Interior
Basement Unfinished
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1650.0
Half Baths 0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 2
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Exterior
Water Source Public
Total Parking 2.0
Foundation Details Basement Block
Spa N
Lot Dimensions 35.50 x 100.00
Lot Size Acres 0.08
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 17
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* Excluded Features
List By
Jeanette C Lucy

Listing Agent

Iq Properties Llc

Broker

(313) 333-5166

Phone

Affordability Calculator

$1,073
Per Month
78%
22%
0%
Monthly Principal & Interest
$842
Monthly Property Taxes
$231
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
4909550 Elementary School
4909826 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/21/2025$135,000 Listed Price

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17 W JAMES Street, River Rouge, MI, 48218 is a Multi-Family Home for sale at $135,000 with 1,650 sqft and a lot size of 0.08. 17 W JAMES Street is a studio with 2.0 baths and was built in 1921. The property's zip code is 48218 which is in River Rouge, MI

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