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Sold for $140,500
  • $140,500

    475 W Golden Gate, Detroit, MI 48203

    6beds
    2,916sqft
    Multi Family
    Built in 1925
    -- sqft lot
    $147,900 Zestimate®
    $48/sqft
    $1,297 Estimated rent

    Home value

    $147,900

    $132,000 - $166,000

    $1,297/mo

    Zestimate® history
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    $1,297/mo

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    $1,297/mo

    Rent Zestimate®

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    $997/mo

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    $997/mo

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    What's special

    AWESOME deal for this RARE Investment opportunity in a highly desirable area across from Palmer Park and the Woodward Corridor. Rock Solid 6 bedroom, 2.5 bath Spacious Brick Duplex. (3 beds, 1 bath each unit). A great Income opportunity for anyone else who might think that being only 10 minutes from the "D" -think Ford Field, Comerica Park, Little Caesars Arena- and just a short walk to Woodward Avenue is an ideal location! Living in one unit while renting out the other provides great financial benefits! Properties are being quickly snatched up and renovated all along the Woodward Corridor, an area that provides renters with convenience and close proximity not only to Downtown Detroit, but to more cool cities like Ferndale, Pleasant Ridge, Royal Oak, and Birmingham and to popular employers like Amazon, the Detroit Medical Center Hospitals, and many other places that close-by access to the Woodward Avenue provides. Currently owner occupied but ready for new tenants in both units after closing. Hardwood floors throughout! Large common basement with one washer and dryer set for common use, 2 access doors to basement, one for each unit. The separate electric and water bills are the only utility bills. The upper unit has a newer electric boiler and the lower unit is heated with space heaters. The refrigerator and stove in the upper unit are included with the sale. The stove, refrigerator and mounted TVs in the lower flat are excluded from the sale. All showings much be scheduled and accompanied by a licensed Michigan Realtor. Please do not go onto the property or walk around the duplex without an appointment. This classic and spacious Brick Duplex will not last long!

    Zillow last checked:

    Listing updated:

    Listed by:

    Janet Trafeli 248-224-6684,

    National Realty Centers, Inc

    Bought with:

    Future D Davis, 6501382733

    EXP Realty Main

    Source: Realcomp II,MLS#: 20240076764MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Electric, Hot Water
    Cooling
    • Ceiling Fans, Wall Units
    Features
    • Basement: Common,Full,Unfinished,Walk Out Access
    • Has fireplace: No
    Interior area
    • Total interior livable area: 2,916 sqft
    • Finished area above ground: 2,916

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Has garage: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Pool features: None
    Lot
    • Size: 6,098 sqft
    • Dimensions: 50.00 x 118.00
    Details
    • Parcel number: W01I006378S
    • Zoning description: Residential
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Basement, Brick Mortar
    Condition
    • New construction: No
    • Year built: 1925

    Utilities & green energy

    • Sewer: Sewer At Street
    • Water: Separate Meters

    Community & neighborhood

    Location
    • Region: Detroit
    • Subdivision: GRIX HOME PARK SUB OF ELY PT OF LOTS 3 & 4

    Other

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

    Price history

    DateEventPrice
    2/27/2025Sold$140,500-6.3%$48/sqft
    Source: Realcomp II #20240076764 Report a problem
    11/3/2024Pending sale$150,000$51/sqft
    Source: Realcomp II #20240076764 Report a problem
    10/23/2024Price change$150,000-24.6%$51/sqft
    Source: Realcomp II #20240076764 Report a problem
    10/13/2024Listed for sale$199,000$68/sqft
    Source: Realcomp II #20240076764 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $53,000 +29.3%
    2024-- $41,000 +15.2%
    2023-- $35,600 +16.7%
    2022-- $30,500 +8.9%
    2021-- $28,000
    2020$519 -44.2%$28,000 +20.2%
    2019$930 $23,300 +12%
    2018$930 $20,800 +10.6%
    2017-- $18,800 -61.7%
    2016$2,106 $49,100 +187.1%
    2015$2,106 +16.8%$17,100 -5.2%
    2013$1,803 -14.4%$18,033 -31.8%
    2010$2,106 $26,440 -18%
    2009-- $32,244 -15%
    2008-- $37,934 -5%
    2007-- $39,930 +5.5%
    2005$255 $37,848 +3%
    2004-- $36,746

    Find assessor info on the county website

    Neighborhood: Grixdale Farms

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
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    Estimated market value
    $147,900
    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
    $147,900