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Sold for $175,000
  • $175,000

    4851 Concord St, Detroit, MI 48207

    6beds
    2,680sqft
    Multi Family
    Built in 1909
    -- sqft lot
    $139,600 Zestimate®
    $65/sqft
    $1,237 Estimated rent

    Home value

    $139,600

    $102,000 - $183,000

    $1,237/mo

    Zestimate® history
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    What's special

    BUYER FINANCE FELL THROUGH - Already appraised, this stunning 3 unit multi-family property located in the heart of Detroit, near the revitalized Gratiot Corridor and minutes to downtown and Wayne State University is back on the market. This property features 3 unique units, each with its own character and charm. The main floor unit boasts 2 spacious bedrooms, perfect for a small family or roommates. The second floor unit is the largest unit on the property, with 4 bedrooms ideal for multiple tenants. The top floor unit is a cozy studio, perfect for a student or young professional. This property has undergone a complete interior renovation, with all new drywall, interior paint, a new roof, a new back deck, new light fixtures, new bathrooms and new siding on the rear of the home. New owners can make a decision on exterior finishes. Additionally, with an acceptable offer, all furnishings will be included, making this property an even more valuable investment. Whether you're looking to add a lucrative investment property to your portfolio or searching for a place to call home, this multi-family property is sure to impress. Don't miss out on this opportunity to own a piece of Detroit's historic charm. Schedule your private showing today! Professional pictures coming soon of main level. Pics included are second level and third level units.

    Zillow last checked:

    Listing updated:

    Listed by:

    Andrea Fizer 248-983-4545,

    HomeSmart LLC

    Bought with:

    Andrea Fizer, 6501442711

    HomeSmart LLC

    Source: Realcomp II,MLS#: 20230041717MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced Air, Natural Gas
    Features
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 2,680 sqft
    • Finished area above ground: 2,680

    Property

    Features
    • Levels: Three
    • Stories: 3
    • Pool features: None
    • Fencing: Back Yard
    Lot
    • Size: 3,484 sqft
    • Dimensions: 33.00 x 100.00
    Details
    • Parcel number: W15I011593S
    • Zoning description: MultiFamily, Residential
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Historic
    • Property subtype: Multi Family
    Materials
    • Shingle Siding
    • Foundation: Basement, Block
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1909

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Detroit
    • Subdivision: WALLACE BROS SUB OF LOT 3 THRU 25

    Other

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

    Price history

    DateEventPrice
    7/24/2024Listing removed--
    Source: Realcomp II #20240043314 Report a problem
    6/19/2024Listed for sale$195,000+11.4%$73/sqft
    Source: Realcomp II #20240043314 Report a problem
    5/27/2024Listing removed--
    Source: Zillow Rentals Report a problem
    5/26/2024Price change$1,250-7.4%
    Source: Zillow Rentals Report a problem
    5/20/2024Listed for rent$1,350+8%$1/sqft
    Source: Zillow Rentals Report a problem
    11/22/2023Listing removed--
    Source: Zillow Rentals Report a problem
    10/24/2023Listed for rent$1,250+8.7%
    Source: Zillow Rentals Report a problem
    10/23/2023Listing removed--
    Source: Zillow Rentals Report a problem
    10/10/2023Listed for rent$1,150
    Source: Zillow Rentals Report a problem
    10/6/2023Sold$175,000$65/sqft
    Source: Realcomp II #20230041717 Report a problem
    9/13/2023Pending sale$175,000$65/sqft
    Source: Realcomp II #20230041717 Report a problem
    9/7/2023Contingent$175,000$65/sqft
    Source: Realcomp II #20230041717 Report a problem
    8/28/2023Price change$175,000+4.2%$65/sqft
    Source: Realcomp II #20230041717 Report a problem
    7/26/2023Pending sale$168,000$63/sqft
    Source: Realcomp II #20230041717 Report a problem
    7/17/2023Contingent$168,000$63/sqft
    Source: Realcomp II #20230041717 Report a problem
    6/8/2023Price change$168,000-4%$63/sqft
    Source: Realcomp II #20230041717 Report a problem
    6/1/2023Listed for sale$175,000+169.2%$65/sqft
    Source: Realcomp II #20230041717 Report a problem
    2/8/2023Listing removed--
    Source: Realcomp II #20221063960 Report a problem
    1/14/2023Listed for sale$65,000-13.3%$24/sqft
    Source: Realcomp II #20221063960 Report a problem
    12/28/2022Listing removed--
    Source: Realcomp II #20221063960 Report a problem
    12/6/2022Price change$75,000-16.2%$28/sqft
    Source: Realcomp II #20221063960 Report a problem
    11/24/2022Listed for sale$89,500$33/sqft
    Source: Realcomp II #20221063960 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $8,700 +26.1%
    2024-- $6,900 -61.7%
    2023-- $18,000 +25%
    2022-- $14,400 -4%
    2021-- $15,000
    2020$628 +8.4%$15,000 +25%
    2019$579 $12,000 +21.2%
    2018$579 $9,900 -11.6%
    2017-- $11,200 -29.6%
    2016$664 $15,900 +396.9%
    2015$664 +77.5%$3,200 -14.4%
    2013$374 -43.7%$3,740 -31.8%
    2010$664 $5,484 -12%
    2009-- $6,232 -13.5%
    2008-- $7,205
    2007-- $7,205 +5.5%
    2005$54 $6,829 +3%
    2004-- $6,630

    Find assessor info on the county website

    Neighborhood: Gratiot Town/Ketterring

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $139,600
    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
    $139,600