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Sold for $44,000
  • $44,000

    172 S Riverbank St, Wyandotte, MI 48192

    3beds
    898sqft
    Single Family Residence
    Built in 1925
    4,356 Square Feet Lot
    $150,500 Zestimate®
    $49/sqft
    $1,506 Estimated rent

    Home value

    $150,500

    $126,000 - $172,000

    $1,506/mo

    Zestimate® history
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    What's special

    Calling all investors and equity hunters! Who wants a house just a street away from the Detroit River?! Don't miss out on this rare investment opportunity: this diamond in the rough bungalow-style home features 3 beds/1 bath with a basement — offering endless potential for creative value-add enhancements. The property is being sold AS IS, and FOR SALE AS AN ASSIGNMENT OF CONTRACT ONLY. Title is crystal clear from any and all liens and all taxes are current. Title will transfer via warranty deed through Independent Title Services. The seller will cover their final water bills while the buyer is responsible for all closing costs, title insurance, and closing fees. City inspection has already been completed. Please refer to the documents section for the list of required city repairs. Property is priced to sell given its condition and the seller will not be making any repairs or offering any concessions whatsoever, so bring your contractor or handyman with you. While this home requires full renovation, it remains a hidden gem in a market with virtually no available inventory. We both know investment opportunities like this are increasingly rare Downriver, especially in a city as desirable as Wyandotte. Whether you’re looking to flip, rent, or even occupy, this property is a blank canvas ready for your vision. Property is being sold AS IS – BATVAI.

    Zillow last checked:

    Listing updated:

    Listed by:

    Bobby Hesley 248-636-2266,

    REMAX City Centre

    Bought with:

    Susie Armiak, 6501429076

    MBA Realty

    Source: Realcomp II,MLS#: 20250021893MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Bedroom
    • Level: Second
    • Area: 100
    • Dimensions: 10 x 10
    Bedroom
    • Level: Second
    • Area: 100
    • Dimensions: 10 x 10
    Bedroom
    • Level: Entry
    • Area: 100
    • Dimensions: 10 x 10
    Other
    • Level: Entry
    • Area: 25
    • Dimensions: 5 x 5
    Kitchen
    • Level: Entry
    • Area: 120
    • Dimensions: 10 x 12
    Heating
    • Forced Air, Natural Gas
    Features
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 898 sqft
    • Finished area above ground: 898

    Property

    Parking
    • Parking features: No Garage
    Features
    • Levels: One And One Half
    • Stories: 1.5
    • Entry location: GroundLevelwSteps
    • Pool features: None
    Lot
    • Size: 4,356 Square Feet
    • Dimensions: 40.00 x 110.00
    Details
    • Parcel number: 57001050046000
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding
    • Foundation: Basement, Poured
    Condition
    • New construction: No
    • Year built: 1925

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: RIVER BANK MANOR SUB
    HOA
    • Has HOA: No
    Location
    • Region: Wyandotte

    Financial & listing details

    • Price per square foot: $49/sqft
    • Tax assessed value: $34,825
    • Annual tax amount: $1,586
    • Date on market: 4/4/2025
    • Cumulative days on market: 29 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash

    Price history

    DateEventPrice
    5/22/2025Sold$44,000-37.1%$49/sqft
    Source: Realcomp II #20250021893 Report a problem
    5/2/2025Pending sale$69,900$78/sqft
    Source: Realcomp II #20250021893 Report a problem
    4/4/2025Listed for sale$69,900$78/sqft
    Source: Realcomp II #20250021893 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $66,300 +9%
    2024-- $60,800 +11.2%
    2023-- $54,700 +7.5%
    2022-- $50,900 +18.1%
    2021-- $43,100
    2020-- $43,100 +12.5%
    2019-- $38,300 +10.7%
    2018-- $34,600 +8.5%
    2017$6,081 +287.9%$31,900
    2016$1,568 +20.8%$31,900 +7.8%
    2015$1,297 -52.1%$29,600 +9.2%
    2013$2,710 +108.9%$27,100 -4.6%
    2012$1,297 $28,400 -20.9%
    2010-- $35,900 -16.5%
    2009-- $43,000 -11.5%
    2008-- $48,600 -4%
    2007-- $50,600 +2%
    2005$1,094 $49,600 +4.9%
    2003-- $47,300 +71.9%
    2001-- $27,517 +3.2%
    2000-- $26,664
    Find assessor info on the county website

    Neighborhood: 48192

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $150,500
    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
    $150,500