12661 Riad Street Detroit, MI ^$ 85,000

12661 Riad Street

^$ 85,000

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12661 Riad Street

Detroit, MI, 48224

^$ 85,000

Studio Baths0.0 Sq 1,458

Monthly Estimate*

^$ 523

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Studio

Single Family Home for sale in Detroit, MI

for $85,000. This 1,458 square foot home was built in 1939 on a lot size of 0.11.

CALLING ALL INVESTORS- Partially renovated high performing single-family unit that will make the perfect addition to your current or new investment portfolio With current rent comps in the area averaging $1,250/month, and yearly expenses--including taxes and insurance--totaling less than $3,000, this property offers a strong ROI and a healthy cap rate. Located in the quiet and well-maintained PARK DRIVE SUB, this is an opportunity you don't want to miss!

Single Family Active

Price

^$ 85,000

Bedrooms

Studio

Property Type

Single Family

Taxes

^$ 3,299

Style

Single Family Residence

Lot Size

0.11

Year Built

1939

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

26008787

Features

General

Sewer Public

Heating Forced Air

Garage Spaces 1.0

Association Fee Includes Electricity Water Trash Heat

Construction Materials Brick

Year Built 1939

Stories Count 2

Township Detroit City

Property Subtype Single Family Residence

Tax Year 2025

Ownership Private Owned

County Wayne

New Construction N

Property Type Residential

HOA Y

Attached Garage N

Garage Y/N Y

Total Rooms 4

Full Baths 0

Status Active

City Detroit

High School District Detroit

Lot Size Units Acres

Lot Size Square Feet 4792.0

Carport Y/N N

Listing Terms Cash Conventional

Land Lease Y/N N

Tax Annual Amount 3299.0

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Rent Control Y/N N

Standard Status Active

Tax Assessed Value 41245

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. W RIAD 767 SEVEN MILE CADIEUX SUB NO 6 L60 P17 PLATS W C R 21/952 40 X 122

Senior Community None

Interior

Basement Full

Total Fireplaces 1

Heating Y/N Y

Fireplace Y/N Y

Half Baths 0

Laundry Features Gas Dryer Hookup Lower Level

Total Bedrooms 0

Below Grade Finished Area 0.0

Main Level Bedrooms 0

Total Baths 0

Exterior

Parking Features Detached

Water Source Public

Lot Size Area 0.11

Spa N

Building Area Total 808.0

Lot Dimensions 40x122

Lot Size Acres 0.11

Waterfront Y/N N

Crops Included Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 12661

* Excluded Features

List By

Exp Realty, Llc

Broker

vicshauni21@gmail.com

Affordability Calculator

$798

Per Month

Monthly Principal & Interest: $523
Monthly Property Taxes: $275
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 6.25% 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

Single family listings in Detroit, MI

Average List Price ^$131,613

Percent of Sale Price 55%

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.

3706345 Elementary School

3706341 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/9/2026	$85,000		Listed Price

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12661 Riad Street, Detroit, MI, 48224 is a Single Family Home for sale at $85,000 with 1,458 sqft and a lot size of 0.11. 12661 Riad Street is a studio with 0.0 baths and was built in 1939. The property's zip code is 48224 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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.

Listing data provided courtesy of the Internet Data Exchange Program of MichRIC, LLC

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of MichRIC, LLC. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

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.

Information Deemed Reliable But Not Guaranteed

Data is updated as of 4/25/2026.

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12661 Riad Street

Single Family Home for sale in Detroit, MI

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