This multifamily property presents a fantastic investment opportunity, currently featuring one unit rented for $500 below market value. Its prime location and potential for increased rental income offers immediate cash flow and significant upside for savvy investors. The well-maintained units boast desirable amenities and are situated in a thriving neighborhood, making it an attractive choice for both current and future tenants. Don’t miss the chance to capitalize on this exceptional value!
Sold for $90,000
$90,000
20035 Schoenherr St, Detroit, MI 48205
4beds
1,456sqft
Multi Family
Built in 1956
-- sqft lot
$92,200 Zestimate®
$62/sqft
$1,221 Estimated rent
Home value
$92,200
$70,000 - $116,000
$1,221/mo
Zestimate® history
Owner options
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$1,221/mo
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$1,221/mo
Rent Zestimate®
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$518/mo
Est. payment
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$518/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Al Alfarajalla 313-561-0900,
RE/MAX Team 2000
Bought with:
Jay Taylor, 6501394740
Good Company
Source: Realcomp II,MLS#: 20240069848
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Natural Gas
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 1,456 sqft
- Finished area above ground: 1,456
Property
Parking
- Total spaces: 2
- Parking features: Two Car Garage
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 5,227 Square Feet
- Dimensions: 50.00 x 100.00
Details
- Parcel number: W21I029682C4
- Zoning description: MultiFamily
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Upper Lower Apartment
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Slab
Condition
- New construction: No
- Year built: 1956
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: FELDMAN & FELDMAN PALOMAR PARK
Location
- Region: Detroit
Financial & listing details
- Price per square foot: $62/sqft
- Tax assessed value: $14,176
- Annual tax amount: $1,565
- Date on market: 9/19/2024
- Cumulative days on market: 63 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,Va Loan
Price history
| Date | Event | Price |
|---|---|---|
| 1/3/2025 | Sold | $90,000-5.2%$62/sqft |
Source:  Realcomp II #20240069848 Report a problem | ||
| 11/20/2024 | Pending sale | $94,900$65/sqft |
Source: Realcomp II #20240069848 Report a problem | ||
| 10/3/2024 | Price change | $94,900-15.3%$65/sqft |
Source: Realcomp II #20240069848 Report a problem | ||
| 9/19/2024 | Listed for sale | $112,000+522.2%$77/sqft |
Source: Realcomp II #20240069848 Report a problem | ||
| 10/13/1994 | Sold | $18,000$12/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $28,400 +26.8% |
| 2024 | -- | $22,400 +14.3% |
| 2023 | -- | $19,600 +23.3% |
| 2022 | -- | $15,900 +10.4% |
| 2021 | -- | $14,400 |
| 2020 | $751 -46.6% | $14,400 +9.1% |
| 2019 | $1,408 | $13,200 +6.5% |
| 2018 | $1,408 | $12,400 +2.5% |
| 2017 | -- | $12,100 -14.2% |
| 2016 | $1,841 | $14,100 |
| 2015 | $1,841 -6.2% | $14,100 -28.2% |
| 2013 | $1,964 +6.7% | $19,635 -31.8% |
| 2010 | $1,841 | $28,787 -12% |
| 2009 | -- | $32,713 -13.5% |
| 2008 | -- | $37,819 |
| 2007 | -- | $37,819 +5.5% |
| 2005 | $203 | $35,847 +3% |
| 2004 | -- | $34,803 +129% |
| 2001 | $1,265 +10.1% | $15,197 +3.2% |
| 2000 | $1,149 | $14,726 |
Find assessor info on the county website
Neighborhood: Greensbriar
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Nearby schools
GreatSchools rating
- 4/10Pulaski Elementary-Middle SchoolGrades: K-8Distance: 0.6 mi
- 3/10Osborn Academy Of MathematicsGrades: 9-12Distance: 1.2 mi
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Estimated market value
$92,200
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
$92,200
- Michigan
- Wayne County
- Detroit
- 48205
- Greensbriar
- 20035 Schoenherr St
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