Welcome to your investment opportunity! This updated 2-family flat, nestled in a vibrant Detroit neighborhood on the city's eastside, offers a blend of modern amenities and tenant stability. If you're an investor looking for a turn-key investment opportunity with rental income, this property is worth exploring. Each unit offers a full floor plan complete with 3 large bedrooms, 1 full bathroom, kitchen, living room and dining room. The property has undergone recent renovations including: New roof (2020), Kitchen (upstairs unit 2021), Sump Pump (2021), Bathroom (downstairs unit 2022)
Front porch (upstairs unit 2023). Enjoy the peace of mind with long term, reliable tenants already in place (month to month leases), so you can begin to generate income immediately! This area is prime for redevelopment, located 1.5 blocks from Detroit City Airport, and a few short blocks from Gratiot Ave., which is undergoing a commercial real estate face lift, this home has the potential to see an appreciation in its value for many years to come! Don't miss out on this opportunity to own a well-maintained, income-generating property in the heart of Detroit's revitalization. Act fast, as properties like this are in high demand!
Sold
$115,000
11510 Flanders St, Detroit, MI 48205
6beds
2baths
--sqft
2 to 4 Units
Built in 1926
-- sqft lot
$116,300 Zestimate®
$--/sqft
$997 Estimated rent
Home value
$116,300
$90,000 - $145,000
$997/mo
Zestimate® history
Owner options
List your home for rent
$997/mo
Rent Zestimate®
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$997/mo
Rent Zestimate®
Refinance and save
$662/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$662/mo
Est. payment
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List your homeWhat's special
Modern amenitiesVibrant detroit neighborhoodFront porchNew roofFull floor plan
Zillow last checked:
Listing updated:
Listed by:
Clayton Neal 313-433-3920,
Keller Williams Metro
Bought with:
Phillice Davis
Source: MichRIC,MLS#: 24004761
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
Heating
- Forced Air
Features
- Basement: Full
Property
Parking
- Total spaces: 6
Lot
- Size: 5,662 Square Feet
- Dimensions: 53 x 106
Details
- Parcel number: 21011424.
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 to 4 Units
Materials
- Brick
- Roof: Composition
Condition
- New construction: No
- Year built: 1926
Utilities & green energy
- Sewer: Public Sewer, Storm Sewer
- Utilities for property: Phone Available, Natural Gas Available, Electricity Available, Natural Gas Connected
Community & HOA
Location
- Region: Detroit
Financial & listing details
- Tax assessed value: $10,519
- Annual tax amount: $895
- Date on market: 1/26/2024
- Listing terms: FHA,Cash,Conventional
- Tenant pays: Electricity, Gas
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 4/5/2024 | Sold | $115,000+4.6% |
Source:  MichRIC #24004761 Report a problem | ||
| 2/8/2024 | Pending sale | $109,900 |
Source:  Realcomp II #81024004761 Report a problem | ||
| 1/26/2024 | Listed for sale | $109,900+1273.8% |
Source: MichRIC #24004761 Report a problem | ||
| 3/18/2008 | Sold | $8,000-90.4% |
Source: Public Record Report a problem | ||
| 2/16/2007 | Sold | $83,600-12% |
Source: Public Record Report a problem | ||
| 12/7/2006 | Sold | $95,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $47,700 +23.6% |
| 2024 | -- | $38,600 +37.4% |
| 2023 | -- | $28,100 +29.5% |
| 2022 | -- | $21,700 +2.4% |
| 2021 | -- | $21,200 |
| 2020 | $1,734 +53.1% | $21,200 +19.1% |
| 2019 | $1,133 | $17,800 +9.9% |
| 2018 | $1,133 | $16,200 -2.4% |
| 2017 | -- | $16,600 +58.1% |
| 2016 | $1,774 | $10,500 |
| 2015 | $1,774 +21.2% | $10,500 -28.3% |
| 2013 | $1,464 -17.5% | $14,642 -31.8% |
| 2010 | $1,774 | $21,468 -12% |
| 2009 | -- | $24,396 -13.5% |
| 2008 | -- | $28,203 |
| 2007 | -- | $28,203 +5.5% |
| 2005 | $312 | $26,733 +3% |
| 2004 | -- | $25,954 +80.9% |
| 2001 | -- | $14,350 +17.4% |
| 2000 | $954 | $12,228 |
Find assessor info on the county website
Neighborhood: Gratiot-Findlay
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Nearby schools
GreatSchools rating
- 4/10Holmes A.L. Elementary-Middle SchoolGrades: PK-8Distance: 1.3 mi
- 3/10Osborn Academy Of MathematicsGrades: 9-12Distance: 1.6 mi
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Estimated market value
$116,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$116,300
- Michigan
- Wayne County
- Detroit
- 48205
- Gratiot-Findlay
- 11510 Flanders St
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