Investor special! This solid 3-bedroom, 1-bath brick ranch is tenant-occupied with Section 8 housing in place, generating $875/month in guaranteed rental income. The home features a functional layout with a spacious living area, full basement, and an attached garage. Located in a stable Detroit neighborhood, this property offers a turnkey opportunity with instant cash flow. Whether you're looking to grow your portfolio or start with a reliable rental, this is a value-packed opportunity you won’t want to miss. Showings only upon accepted offer.
Sold for $51,000
$51,000
20212 Packard St, Detroit, MI 48234
3beds
1,100sqft
Single Family Residence
Built in 1951
3,920 Square Feet Lot
$64,700 Zestimate®
$46/sqft
$1,319 Estimated rent
Home value
$64,700
$45,000 - $88,000
$1,319/mo
Zestimate® history
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$293/mo
Est. payment
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Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Arianna Lee 313-401-9190,
National Realty Centers, Inc,
Ryan Donahue 734-377-3203,
National Realty Centers, Inc
Bought with:
Arianna Lee, 6501428504
National Realty Centers, Inc
Source: Realcomp II,MLS#: 20251016860
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: Second
- Area: 224
- Dimensions: 16 X 14
Bedroom
- Level: Entry
- Area: 156
- Dimensions: 12 X 13
Bedroom
- Level: Entry
- Area: 110
- Dimensions: 11 X 10
Other
- Level: Entry
- Area: 80
- Dimensions: 10 X 8
Heating
- Forced Air, Natural Gas
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 1,100 sqft
- Finished area above ground: 1,100
Property
Parking
- Total spaces: 2
- Parking features: Two Car Garage, Detached, Driveway
- Garage spaces: 2
Features
- Levels: One And One Half
- Stories: 1.5
- Entry location: GroundLevel
- Pool features: None
Lot
- Size: 3,920 Square Feet
- Dimensions: 35 x 116
Details
- Parcel number: 15006229
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Basement, Poured
Condition
- New construction: No
- Year built: 1951
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: BASE LINE SUB
HOA
- Has HOA: No
Location
- Region: Detroit
Financial & listing details
- Price per square foot: $46/sqft
- Tax assessed value: $11,925
- Annual tax amount: $2,528
- Date on market: 7/14/2025
- Cumulative days on market: 46 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 9/12/2025 | Sold | $51,000-32%$46/sqft |
Source:  Realcomp II #20251016860 Report a problem | ||
| 8/31/2025 | Pending sale | $75,000$68/sqft |
Source: Realcomp II #20251016860 Report a problem | ||
| 7/14/2025 | Listed for sale | $75,000+36.4%$68/sqft |
Source: Realcomp II #20251016860 Report a problem | ||
| 9/2/2020 | Sold | $55,000+329.3%$50/sqft |
Source: Public Record Report a problem | ||
| 12/7/2017 | Listing removed | $750$1/sqft |
Source: myhouseisyourhouseinc. Report a problem | ||
| 11/16/2017 | Listed for rent | $750$1/sqft |
Source: myhouseisyourhouseinc. Report a problem | ||
| 11/9/2017 | Sold | $12,812-6%$12/sqft |
Source: Public Record Report a problem | ||
| 8/7/2017 | Listing removed | $13,625+13.5%$12/sqft |
Source: Auction.com Report a problem | ||
| 8/1/2017 | Listed for sale | -- |
Source: Auction.com Report a problem | ||
| 3/31/2017 | Sold | $12,000-89.1%$11/sqft |
Source: Public Record Report a problem | ||
| 3/15/2006 | Sold | $110,000+120%$100/sqft |
Source: Public Record Report a problem | ||
| 9/15/2005 | Sold | $50,000-39.9%$45/sqft |
Source:  MiRealSource #194250 Report a problem | ||
| 12/2/2004 | Sold | $83,195$76/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $30,800 +24.7% |
| 2024 | -- | $24,700 +16.5% |
| 2023 | -- | $21,200 +39.5% |
| 2022 | -- | $15,200 +4.8% |
| 2021 | -- | $14,500 |
| 2020 | $626 -42.9% | $14,500 +27.2% |
| 2019 | $1,096 | $11,400 +15.2% |
| 2018 | $1,096 | $9,900 +17.9% |
| 2017 | -- | $8,400 -69.6% |
| 2016 | $1,828 | $27,600 +63.3% |
| 2015 | $1,828 -13.4% | $16,900 -19.9% |
| 2013 | $2,110 +15.5% | $21,103 -31.8% |
| 2010 | $1,828 | $30,940 -12% |
| 2009 | -- | $35,159 -13.5% |
| 2008 | -- | $40,646 |
| 2007 | -- | $40,646 +5.5% |
| 2005 | $444 | $38,527 +3% |
| 2004 | -- | $37,405 |
Find assessor info on the county website
Neighborhood: Sherwood
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Nearby schools
GreatSchools rating
- 4/10Marion Law AcademyGrades: PK-8Distance: 0.5 mi
- 3/10Osborn Academy Of MathematicsGrades: 9-12Distance: 1.5 mi
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- Michigan
- Wayne County
- Detroit
- 48234
- Sherwood
- 20212 Packard St
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