Attention investors. Take a look at this duplex located in one of the hottest Real Estate markets in Metro Detroit. This property requires a mostly cosmetic rehab to increase the value by tens of thousands. You can buy, fix, and rent... Then enjoy a substantial equity position. Or you can buy, fix, and BRRR this duplex and pull out all of your cash while making a substantial ROI. House hackers are also welcome. These units can rent for 1000 or more per door easily once this project is complete. This could be a cash cow for any savvy investor. Don't wait on this one or it will be gone fast. Bring in the spring with your new duplex!
Sold for $61,000
$61,000
391 Palmerston St, River Rouge, MI 48218
6beds
1,760sqft
Multi Family
Built in 1920
-- sqft lot
$103,200 Zestimate®
$35/sqft
$1,217 Estimated rent
Home value
$103,200
$71,000 - $142,000
$1,217/mo
Zestimate® history
Owner options
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$1,217/mo
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$1,217/mo
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$351/mo
Est. payment
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$351/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
David Rabior 586-260-4346,
Clyde Realty LLC
Bought with:
Renzo Delzo, 6501427777
New Era Real Estate LLC
Source: Realcomp II,MLS#: 20250017614
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Hot Water, Natural Gas
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 1,760 sqft
- Finished area above ground: 1,760
Property
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 4,356 Square Feet
- Dimensions: 30.00 x 142.50
Details
- Parcel number: 50009010720000
- Zoning description: Residential
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Multi Family
Materials
- Brick, Vinyl Siding
- Foundation: Basement, Poured
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Sewer At Street
- Water: Community
Community & HOA
Community
- Subdivision: RIVER ROUGE PARK SUB
Location
- Region: River Rouge
Financial & listing details
- Price per square foot: $35/sqft
- Tax assessed value: $21,808
- Annual tax amount: $2,128
- Date on market: 3/18/2025
- Cumulative days on market: 2 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA 203K,Trade 1031 Exchange,Warranty Deed
Price history
| Date | Event | Price |
|---|---|---|
| 4/4/2025 | Sold | $61,000+1.7%$35/sqft |
Source:  Realcomp II #20250017614 Report a problem | ||
| 3/20/2025 | Pending sale | $60,000$34/sqft |
Source: Realcomp II #20250017614 Report a problem | ||
| 3/18/2025 | Price change | $60,000+30.4%$34/sqft |
Source: Realcomp II #20250017614 Report a problem | ||
| 3/3/2025 | Pending sale | $46,000$26/sqft |
Source: Realcomp II #20250012841 Report a problem | ||
| 2/27/2025 | Listed for sale | $46,000+109.1%$26/sqft |
Source: Realcomp II #20250012841 Report a problem | ||
| 12/3/2013 | Listing removed | $22,000$13/sqft |
Source: TRADITION REALTY, INC #213053912 Report a problem | ||
| 8/29/2013 | Price change | $22,000-18.5%$13/sqft |
Source: TRADITION REALTY, INC #213053912 Report a problem | ||
| 8/11/2013 | Price change | $27,000-15.6%$15/sqft |
Source: TRADITION REALTY, INC #213053912 Report a problem | ||
| 6/8/2013 | Listed for sale | $32,000$18/sqft |
Source: Tradition Realty, Inc #213053912 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $50,900 +27.3% |
| 2024 | -- | $40,000 +29.4% |
| 2023 | -- | $30,900 +17.5% |
| 2022 | -- | $26,300 +17.9% |
| 2021 | -- | $22,300 |
| 2020 | $1,937 +0.9% | $22,300 +11.5% |
| 2019 | $1,920 | $20,000 +10.5% |
| 2018 | $1,920 | $18,100 -1.6% |
| 2017 | -- | $18,400 -3.2% |
| 2016 | $2,176 | $19,000 -19.8% |
| 2015 | $2,176 -10.6% | $23,700 -39.2% |
| 2013 | $2,435 +11.9% | $39,000 +2.9% |
| 2012 | $2,176 | $37,900 -13.9% |
| 2010 | -- | $44,000 -2.9% |
| 2009 | -- | $45,300 -0.9% |
| 2008 | -- | $45,700 -1.9% |
| 2007 | -- | $46,600 +14.2% |
| 2005 | $1,208 | $40,800 +5.4% |
| 2003 | -- | $38,700 +112.5% |
| 2001 | $1,523 +18.3% | $18,214 +3.2% |
| 2000 | $1,288 | $17,650 |
Find assessor info on the county website
Neighborhood: 48218
Nearby homes
- $4,400-- bd-- ba-- sqftMorrow, River Rouge, MI 48218Off Market
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Nearby schools
GreatSchools rating
- 2/10Ann Visger K-5 Preparatory AcademyGrades: PK-5Distance: 0.4 mi
- 3/10Cb Sabbath 6-8 Preparatory AcademyGrades: 6-8Distance: 0.3 mi
- 4/10River Rouge High SchoolGrades: 9-12Distance: 0.6 mi
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$103,200
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$105,264
- Michigan
- Wayne County
- River Rouge
- 48218
- 391 Palmerston St
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