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  • $900,000

    3737 Scovel Pl, Detroit, MI 48208

    1beds
    2baths
    --sqft
    : 
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    5+ Units
    Built in 1927
    -- sqft lot
    $719,000 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Great investment opportunity! Newly updated 20 unit occupied apartment building with leases in place in a convenient location. Find your way downtown in less 10 minutes or to midtown in just 5 minutes!The building comes with ample parking in an attached concrete lot directly next to building. The entire building has been rental certified and has passed lead inspection by the city of Detroit. There are 10 one bedroom units and 10 studio units. The majority of all units have newer flooring, paint, and lighting. All unit doors have are equipped steel doors with keyless/digital entry as well as deadbolt locks. All units have their own electric meter along with heating and cooling units. Each unit is separately metered. All tenant pay thier own electric bills. All one bedroom units have new furnaces and AC units. Each studio units have new mini-split systems that have heat and AC. The majority of the plumbing stacks have been replaced. The front door has new hinges and locking mechanism, the back door is an all new steel door. The roof was aluminum seal coated in 2016. The hot water tank was replaced for the entire building in 2016. The entire Building has newer windows. All common areas have new LED light fixtures. A new camera system has been installed throughout the entire building and outside.
    754 days
    |
    90
    |
    4
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Ryan Heward 248-251-4670,

    Golden Key Real Estate LLC 313-638-2474,

    Dustin Shaeffer 586-854-5846,

    Golden Key Real Estate LLC

    Source: MichRIC,MLS#: 24029554MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 2
      Heating
      • Radiant
      Appliances
      • Laundry: None
      Features
      • Basement: Full

      Property

      Parking
      • Total spaces: 12
      Lot
      • Size: 6,534 Square Feet
      • Dimensions: 45.00 x 140.00
      Details
      • Parcel number: 12009873.

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: 5+ Units
      Materials
      • Brick
      • Roof: Rubber
      Condition
      • New construction: No
      • Year built: 1927

      Utilities & green energy

      • Utilities for property: Natural Gas Available, Natural Gas Connected

      Community & HOA

      Location
      • Region: Detroit

      Financial & listing details

      • Tax assessed value: $147,487
      • Annual tax amount: $12,844
      • Date on market: 4/21/2025
      • Listing terms: Cash,Conventional
      • Tenant pays: Electricity, Gas
      • Road surface type: Paved

        Estimated market value

        $719,000

        $590,000 - $877,000

        $924/mo

        Price history

        DateEventPrice
        4/21/2025Listed for sale$900,000
        Source: MichRIC #24029554 Report a problem
        4/3/2025Contingent$900,000
        Source: MichRIC #24029554 Report a problem
        7/11/2024Listed for sale$900,000
        Source: MichRIC #24029554 Report a problem
        7/2/2024Contingent$900,000
        Source: MichRIC #24029554 Report a problem
        6/11/2024Listed for sale$900,000
        Source: MichRIC #24029554 Report a problem
        4/27/2023Listing removed--
        Source: Realcomp II #2210083460 Report a problem
        6/1/2022Listed for sale$900,000
        Source: Realcomp II #2210083460 Report a problem
        3/2/2022Pending sale$900,000
        Source: Realcomp II #2210083460 Report a problem
        10/21/2021Listed for sale$900,000+25%
        Source: Realcomp II #2210083460 Report a problem
        6/18/2021Listing removed--
        Source: Zillow Rental Network_1 Report a problem
        6/8/2021Listed for rent$750
        Source: Zillow Rental Network_1 Report a problem
        5/10/2021Listing removed--
        Source: Zillow Rental Network_1 Report a problem
        5/1/2021Listed for rent$750
        Source: Zillow Rental Network_1 Report a problem
        3/10/2021Listing removed--
        Source: Zillow Rental Network_1 Report a problem
        2/26/2021Listed for rent$750
        Source: Zillow Rental Network_1 Report a problem
        4/4/2016Sold$720,000+125%
        Source: Public Record Report a problem
        2/8/2016Sold$320,000
        Source: Public Record Report a problem
        3/3/2015Sold$320,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $342,700 +18.4%
        2024-- $289,400 +13.8%
        2023-- $254,300 +51.1%
        2022-- $168,300 +25.5%
        2021-- $134,100
        2020$17,315 +518%$134,100 +39.1%
        2019$2,802 $96,400 +194.8%
        2018$2,802 $32,700 +6.9%
        2017-- $30,600 -88.8%
        2016$1,914 $274,200 +811%
        2015$1,914 $30,100

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Midwest

        Getting around

        57 / 100
        Somewhat Walkable
        56 / 100
        Good Transit
        72 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

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