17 W JAMES Street River Rouge, MI ^$ 135,000

17 W JAMES Street

^$ 135,000

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17 W JAMES Street

River Rouge, MI, 48218

^$ 135,000

Studio 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.

Multi-Family Active

Price

^$ 135,000

Bedrooms

Studio

Full Bath

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

60946837

Features

General

Heating Hot Water Steam

Possession At Close

Water Public Water

Status Active Accepting Backup Offers

Full Baths 2

Half Baths 0

Bathrooms 2

Year Built 1921

Subdivision 2ND ADDITION TO FURGASONS SUB BLOCK 4 MI

Style Colonial

County Wayne

Class MULTIFAMILY

Type Multi-Family

Net Income 27600

Municipality River Rouge

Zoning Residential

Sale/Rent For Sale

Status Detail 3

Structure Style 2 Story

Area River Rouge (82144)

Primary City River Rouge

Directions Turn on from Jefferson

City River Rouge

School District River Rouge School District

Financial Terms Cash Conventional FHA

Legal Description 114F6 BL4 LOT 6 BLOCK 4 2ND ADDITION TO FURGASONS SUB BLOCK PC 114 L18 P89 WCR

DOM 43

Postal Code 48218

Price Per Sq Ft Total AG 81.82

Public Remarks Picturesque rental certified

Interior

Basement Block

Fireplace? No

Total Number of Units 2

Fuel Type Natural Gas

Exterior

Exterior Vinyl Siding

Frontage 35

Lot Size Area 0.08

Lot Dimensions 35.50 x 100.00

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Jeanette Lucy

Listing Agent

Iq Properties Llc

Broker

Jeanette@IQproperties.net

Affordability Calculator

$1,073

Per Month

Monthly Principal & Interest: $842
Monthly Property Taxes: $231
Monthly Home Insurance: --

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Interest Rate

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Yearly 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

Trends
Schools

Multi-family listings in River Rouge, MI

Average List Price ^$272,744

Percent of Sale Price 102%

About River Rouge, MI

7,258 Population

-27% Since 2002

^$27,700 Median Income

34.64 Median Age

33% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759550 Elementary School

759979 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
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

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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17 W JAMES Street

Multi-Family Home for sale in River Rouge, MI

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