**OPPORTUNITY** This 2-unit multi-family is ready to be turned into a cash-cow rental property or it could be the perfect house-hacking property for you! The units each feature 3 bedrooms, a living room, dining room, a full bathroom, and a spacious kitchen! The upper unit was recently remodeled, with fresh paint, beautifully refinished hardwood floors, a new kitchen, and new light fixtures! The lower unit also features a recently updated kitchen. The property also has a significant number of vinyl windows, 100amp circuit breaker panels, gorgeous original wood trim throughout the property, a large basement, alley access to the back yard, and much more! With Section 8 rents for a 3 bedroom unit going for as high as $1,350/unit, you can cash-flow this property for years to come! Located less than a mile from the new Gordie Howe bridge connecting the US and Canada and in the Southwest Detroit Strategic Neighborhood Fund area, which has already seen 10s of millions of investment with more to come!
Sold for $146,900
$146,900
1823 Central St, Detroit, MI 48209
6beds
2,436sqft
Duplex
Built in 1924
-- sqft lot
$204,200 Zestimate®
$60/sqft
$1,196 Estimated rent
Home value
$204,200
$184,000 - $227,000
$1,196/mo
Zestimate® history
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$1,196/mo
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$1,196/mo
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$1,047/mo
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$1,047/mo
Est. payment
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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:
Md Ashraf Karim, 6501437033
EXP Realty Main
Source: Realcomp II,MLS#: 20240004043
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Natural Gas, Separate Meters, Steam
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 2,436 sqft
- Finished area above ground: 2,436
Property
Parking
- Parking features: On Street
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Porch, Terrace
- Pool features: None
Lot
- Size: 3,484 sqft
- Dimensions: 33.00 x 110.00
Details
- Parcel number: W20I004985S
- Zoning description: Residential
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subtype: Duplex
Materials
- Brick
- Foundation: Basement, Brick Mortar
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1924
Utilities & green energy
- Electric: Service 100 Amp, Circuit Breakers
- Sewer: Public Sewer, Sewer At Street
- Water: Public, Waterat Street
- Utilities for property: Above Ground Utilities, Cable Available, Underground Utilities
Community & neighborhood
Community
- Community features: Sidewalks
Location
- Region: Detroit
- Subdivision: FERNDALE AVE SUB (PLATS)
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,Warranty Deed
Price history
| Date | Event | Price |
|---|---|---|
| 2/13/2024 | Sold | $146,900-10.9%$60/sqft |
Source:  Realcomp II #20240004043 Report a problem | ||
| 2/7/2024 | Pending sale | $164,900$68/sqft |
Source: Realcomp II #20240004043 Report a problem | ||
| 1/23/2024 | Listed for sale | $164,900+26.8%$68/sqft |
Source: Realcomp II #20240004043 Report a problem | ||
| 7/8/2021 | Sold | $130,000$53/sqft |
Source: RE/MAX of SE Michigan Solds #40177981_48209 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $59,300 +28.1% |
| 2024 | -- | $46,300 +15.8% |
| 2023 | -- | $40,000 +22% |
| 2022 | -- | $32,800 +12.7% |
| 2021 | -- | $29,100 |
| 2020 | $1,453 +5.1% | $29,100 +31.1% |
| 2019 | $1,382 | $22,200 +15% |
| 2018 | $1,382 | $19,300 +1.6% |
| 2017 | -- | $19,000 +54.5% |
| 2016 | $1,303 | $12,300 |
| 2015 | $1,303 -4.5% | $12,300 -9.8% |
| 2013 | $1,364 +4.7% | $13,637 -30.2% |
| 2010 | $1,303 | $19,540 -12% |
| 2009 | -- | $22,205 -10.5% |
| 2008 | -- | $24,810 |
| 2007 | -- | $24,810 +5.5% |
| 2005 | $131 | $23,517 +3% |
| 2004 | -- | $22,832 +134.2% |
| 2001 | -- | $9,750 +25% |
| 2000 | $467 | $7,800 |
Find assessor info on the county website
Neighborhood: Springwells
Nearby schools
GreatSchools rating
- 5/10Bennett Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 2/10Harms Elementary SchoolGrades: PK-8Distance: 0.4 mi
- 3/10Western International High SchoolGrades: 9-12Distance: 1.7 mi
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Estimated market value
$204,200
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
$204,200
- Michigan
- Wayne County
- Detroit
- 48209
- Springwells
- 1823 Central St
Nearby cities
Nearby neighborhoods
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