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Sold for $195,000
  • $195,000

    2322 3rd St, Wyandotte, MI 48192

    4beds
    1,360sqft
    Multi Family
    Built in 1920
    -- sqft lot
    $212,400 Zestimate®
    $143/sqft
    $1,301 Estimated rent

    Home value

    $212,400

    $200,000 - $227,000

    $1,301/mo

    Zestimate® history
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    $1,421/mo

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    What's special

    Highest and Best Due 3/27 at 11am. Great Investment Opportunity! Discover the perfect blend of comfort, convenience, and investment potential with this charming duplex nestled in the heart of Wyandotte. This unique offering is ideal for both investors and homebuyers, featuring two units, each with 2 bedrooms and 1 bathroom. These arrangements ensure ample space and privacy for occupants, making it an attractive proposition for a variety of needs. The property boasts brand new windows (2023) and a recently renovated upper unit that radiates modern living charm with its fresh and inviting atmosphere, while the first floor is currently occupied, providing immediate cash flow from the get-go. Adding to the convenience is a shared laundry facility in the basement, catering to all domestic needs without leaving the comfort of home. Situated just minutes from the renowned Henry Ford Hospital, the vibrant downtown Biddle Avenue, and within a short walk to local restaurants and bars, the location of this property promises an unbeatable lifestyle of convenience and entertainment. The previous rental history of the upper unit at $1,000 per month highlights the property's evident investment upside, showcasing substantial cash flow opportunities coupled with long-term value appreciation prospects. This duplex represents more than just a home; it's a smart investment into your future. The unique setup allows for an owner-occupant to reside in the beautifully renovated upper unit while enjoying the financial benefits generated by the income from the lower tenant. This can significantly offset mortgage payments, essentially allowing you to live for free while building equity in your investment. Embrace the opportunity to live in a vibrant community, enjoy proximity to top local amenities, and capitalize on the financial benefits this property offers. This rare find in Wyandotte is not to be missed.

    Zillow last checked:

    Listing updated:

    Listed by:

    Troy Puste 734-642-6656,

    EXP Realty

    Bought with:

    Adam Rich, 6501449142

    KW Advantage

    Source: Realcomp II,MLS#: 20240017754MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Window Units
    Appliances
    • Laundry: Gas Dryer Hookup, Laundry Room, Other, Washer Hookup
    Features
    • High Speed Internet, Programmable Thermostat
    • Windows: Energy Star Qualified Windows
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,360 sqft
    • Finished area above ground: 1,360

    Property

    Parking
    • Total spaces: 2
    • Parking features: On Street, Other, Unassigned
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Enclosed
    • Exterior features: Balcony, Chimney Caps, Lighting
    • Pool features: None
    • Fencing: Back Yard
    Lot
    • Size: 4,356 sqft
    • Dimensions: 35.00 x 120.00
    Details
    • Additional structures: Sheds
    • Parcel number: 57012070010000
    • Zoning description: MultiFamily
    • Special conditions: Agent Owned,Short Sale No

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Multi Family
    Materials
    • Aluminum Siding
    • Foundation: Basement, Block
    • Roof: Asphalt,Composition
    Condition
    • New construction: No
    • Year built: 1920

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public, Waterat Street
    • Utilities for property: Underground Utilities
    Green energy
    • Energy efficient items: Windows

    Community & neighborhood

    Security
    • Security features: Carbon Monoxide Detectors, Fire Alarm, Smoke Detectors
    Location
    • Region: Wyandotte
    • Subdivision: NORTHSIDE SUB

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA,Va Loan

    Price history

    DateEventPrice
    5/2/2024Sold$195,000+6.8%$143/sqft
    Source: Realcomp II #20240017754 Report a problem
    3/30/2024Listing removed--
    Source: Zillow Rentals Report a problem
    3/28/2024Pending sale$182,500$134/sqft
    Source: Realcomp II #20240017754 Report a problem
    3/21/2024Listed for sale$182,500$134/sqft
    Source: Realcomp II #20240017754 Report a problem
    2/29/2024Listed for rent$1,000$1/sqft
    Source: Zillow Rentals Report a problem
    6/26/2023Listing removed--
    Source: Zillow Rentals Report a problem
    6/12/2023Price change$1,000-16.7%$1/sqft
    Source: Zillow Rentals Report a problem
    5/21/2023Listed for rent$1,200$1/sqft
    Source: Zillow Rentals Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $83,500 +13.3%
    2024-- $73,700 +16.6%
    2023-- $63,200 +13.1%
    2022-- $55,900 +15%
    2021-- $48,600
    2020$2,721 +6.1%$48,600 +5.2%
    2019$2,564 $46,200 +6.2%
    2018$2,564 -0.5%$43,500
    2017$2,576 $43,500 +10.1%
    2016$2,576 +51%$39,500 +7.6%
    2015$1,706 -49.2%$36,700 +9.2%
    2013$3,360 +97%$33,600 -4.5%
    2012$1,706 $35,200 -16%
    2010-- $41,900 -16.4%
    2009-- $50,100 -15.5%
    2008-- $59,300
    2007-- $59,300 +16%
    2005$1,329 $51,100 +11.1%
    2003-- $46,000 +71.8%
    2001$1,649 $26,777 +3.2%
    2000-- $25,947

    Find assessor info on the county website

    Neighborhood: 48192

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $212,400
    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
    $212,400