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Off market
  • $301,700

    1600 Central St, Detroit, MI 48209

    8beds
    4,702sqft
    Multi Family
    Built in 1926
    -- sqft lot
    $301,700 Zestimate®
    $64/sqft
    $1,160 Estimated rent

    Home value

    $301,700

    $247,000 - $356,000

    $1,160/mo

    Zestimate® history
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    Rent Zestimate®

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    $2,057/mo

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    $2,057/mo

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    What's special

    Discover the perfect investment opportunity in with this beautifully renovated 4-unit property, each featuring 2 bedrooms and 1 bath. Pride of ownership is in all the details. The property was full gut renovated in 2018. All electrical, plumbing, heating, cooling, kitchens and bathrooms have been renovated. Roof is about 10 years old. These units boast stunning hardwood flooring throughout, modern kitchen and bathroom updates, and a blend of classic and contemporary finishes, including tiled shower walls and kitchen backsplashes, laminate countertops, and ash wood cabinets. Keyless entry with a keypad adds security and convenience for tenants. Coin laundry in basement. The property also features a fenced yard with outdoor space, ideal for tenants to relax and entertain. Located near major freeways, local grocery shops, and restaurants, this property ensures a vibrant lifestyle and easy access to essentials. Fully occupied, this property promises a steady income stream, making it an ideal addition to any investor's portfolio. Don't miss out on this consistently income-producing gem. Also perfect for an owner-occupant. FHA and VA friendly. Certificate of Compliance in place with City of Detroit through 2027.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Source: BHHS broker feed,MLS#: 20240057709

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Forced Air
    Cooling
    • Central Air
    Interior area
    • Total structure area: 4,702
    • Total interior livable area: 4,702 sqft

    Property

    Details
    • Parcel number: 18009636

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    Condition
    • Year built: 1926

    Community & neighborhood

    Location
    • Region: Detroit

    Price history

    DateEventPrice
    8/20/2024Listing removed$350,000$74/sqft
    Source: BHHS broker feed #20240057709 Report a problem
    8/10/2024Listed for sale$350,000+337.5%$74/sqft
    Source: Realcomp II #20240057709 Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    5/7/2019Sold$80,000$17/sqft
    Source: Public Record Report a problem
    3/22/2019Pending sale$80,000$17/sqft
    Source: Owner Report a problem
    3/11/2019Listed for sale$80,000+185.7%$17/sqft
    Source: Owner Report a problem
    3/27/2008Sold$28,000-68%$6/sqft
    Source: MiRealSource #9195 Report a problem
    5/8/2007Sold$87,555$19/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $700
    2024-- $700
    2023-- $700
    2022-- $700
    2021-- $700
    2020$34 -43.4%$700
    2019$60 $700
    2018$60 $700
    2017-- $700 -95.4%
    2016$1,983 $15,100
    2015$1,983 +18.2%$15,100 -10%
    2013$1,678 -15.4%$16,775 -30.2%
    2010$1,983 $24,036 -12%
    2009-- $27,314 -10.5%
    2008-- $30,518
    2007-- $30,518 +5.5%
    2005$321 $28,927 +3%
    2004-- $28,084 +17.3%
    2001$1,994 +119.6%$23,950 +105.8%
    2000$908 $11,640

    Find assessor info on the county website

    Neighborhood: Springwells

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $301,700
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $301,700