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Sold for $80,000
  • $80,000

    12365 Griggs St, Detroit, MI 48204

    4beds
    2,050sqft
    Multi Family
    Built in 1924
    -- sqft lot
    $98,500 Zestimate®
    $39/sqft
    $1,038 Estimated rent

    Home value

    $98,500

    $82,000 - $117,000

    $1,038/mo

    Zestimate® history
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    Rent Zestimate®

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    What's special

    **INVESTORS** Add this performing 2-family property to your rental portfolio or let it be the cornerstone if this is your first property! The property features 2 spacious units, each with 2 bedrooms, living room, dining room, kitchen, and full bathroom. Market rent rates for each unit are $850-900/month for a cash paying tenant and up to $1,100/month for a Section 8 tenant. The property has updated kitchens & bathrooms in the lower unit, hardwood floors throughout, updated circuit breaker panels with romex wiring, some updated PVC drain pipe, PEX supply plumbing, new blinds in the 1st floor unit, and vinyl siding around the 1st floor unit. The property is also located just north of Grand River Avenue, one of the major thoroughfares in the city of Detroit and one that has seen considerable investment and development in the last few years!

    Zillow last checked:

    Listing updated:

    Listed by:

    Ryan E Kain 313-277-7777,

    RE/MAX Leading Edge,

    Samuel Kain 734-751-4468,

    RE/MAX Leading Edge

    Bought with:

    Jaleissa Speight, 6501449582

    KW Advantage

    Source: Realcomp II,MLS#: 20230100541MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 1
    • Full bathrooms: 2
    Heating
    • Forced Air, Natural Gas
    Features
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 2,050 sqft
    • Finished area above ground: 2,050

    Property

    Parking
    • Parking features: On Street, Unassigned
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Porch
    • Pool features: None
    Lot
    • Size: 3,920 sqft
    • Dimensions: 35.00 x 108.00
    Details
    • Parcel number: W16I041791S
    • Zoning description: Residential
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Upper Lower Apartment
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Basement, Block, Brick Mortar
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1924

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Detroit
    • Subdivision: COON FREDERICK SUB

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    4/10/2024Sold$80,000-5.8%$39/sqft
    Source: Realcomp II #20230100541 Report a problem
    4/1/2024Pending sale$84,900$41/sqft
    Source: Realcomp II #20230100541 Report a problem
    2/20/2024Listed for sale$84,900$41/sqft
    Source: Realcomp II #20230100541 Report a problem
    9/27/2023Listing removed--
    Source: Realcomp II #20230021574 Report a problem
    7/28/2023Price change$84,900-5.6%$41/sqft
    Source: Realcomp II #20230021574 Report a problem
    4/29/2023Price change$89,900-5.3%$44/sqft
    Source: Realcomp II #20230021574 Report a problem
    3/24/2023Listed for sale$94,900$46/sqft
    Source: Realcomp II #20230021574 Report a problem
    1/31/2023Listing removed--
    Source: Realcomp II #20221044521 Report a problem
    9/26/2022Listed for sale$94,900+11.6%$46/sqft
    Source: Realcomp II #20221044521 Report a problem
    7/17/2019Sold$85,000+13.3%$41/sqft
    Source: Public Record Report a problem
    3/20/2019Listing removed$75,000$37/sqft
    Source: Munoz Realty Inc #218102879 Report a problem
    11/29/2018Price change$75,000-4.5%$37/sqft
    Source: Munoz Realty Inc #218102879 Report a problem
    10/23/2018Price change$78,500-0.6%$38/sqft
    Source: Munoz Realty Inc #218102879 Report a problem
    10/20/2018Price change$79,000+1.7%$39/sqft
    Source: Munoz Realty Inc #218102879 Report a problem
    9/7/2018Price change$77,700-0.4%$38/sqft
    Source: Munoz Realty Inc #218087380 Report a problem
    5/22/2018Price change$78,000-2.4%$38/sqft
    Source: Munoz Realty Inc #218087380 Report a problem
    4/11/2018Listed for sale$79,900+470.7%$39/sqft
    Source: Munoz Realty Inc #218087380 Report a problem
    9/20/2017Listing removed$650
    Source: Munoz Realty Inc #217083302 Report a problem
    9/14/2017Listed for rent$650
    Source: Munoz Realty Inc #217083302 Report a problem
    5/17/2017Sold$14,000+41.4%$7/sqft
    Source: Public Record Report a problem
    3/29/2017Price change$9,900-23.8%$5/sqft
    Source: Prosperous Properties LLC #216118097 Report a problem
    12/22/2016Price change$12,999-34.7%$6/sqft
    Source: Prosperous Properties LLC #216118097 Report a problem
    10/5/2016Price change$19,900-13.1%$10/sqft
    Source: Prosperous Properties LLC #216095850 Report a problem
    9/13/2016Listed for sale$22,900$11/sqft
    Source: Prosperous Properties LLC #216090817 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $20,300 +23%
    2024-- $16,500 +15.4%
    2023-- $14,300 +37.5%
    2022-- $10,400 +14.3%
    2021-- $9,100
    2020$1,445 +52.8%$9,100
    2019$946 $9,100 -7.1%
    2018$946 $9,800 -14.8%
    2017-- $11,500 -73.6%
    2016$1,444 $43,600 +445%
    2015$1,444 +28.1%$8,000 -29%
    2013$1,128 -21.9%$11,275 -30.2%
    2010$1,444 $16,155 -12%
    2009-- $18,358 -13.5%
    2008-- $21,223
    2007-- $21,223 +5.5%
    2005$184 $20,117 +3%
    2004-- $19,531 +42%
    2001-- $13,750

    Find assessor info on the county website

    Neighborhood: Grand River

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $98,500
    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
    $98,500