Sold for $64,000

$64,000

6437 Grandville Ave, Detroit, MI 48228

3beds

1,596sqft

Multi Family

Built in 1926

-- sqft lot

$87,000 Zestimate^®

$40/sqft

$1,133 Estimated rent

Home value

$87,000

$70,000 - $107,000

$1,133/mo

Zestimate^® history

Owner options

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$1,133/mo

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$1,133/mo

Rent Zestimate^®

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$368/mo

Est. payment

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$368/mo

Est. payment

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What's special

This two-family flat presents a lucrative investment opportunity, featuring a rented upper unit generating a steady income of $675. The property boasts a reliable, long-term tenant who has occupied the unit for multiple years, adding stability and potential for hassle-free management. With a proven rental history, this property offers an attractive prospect for those seeking a consistent rental income stream.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Forced Air, Natural Gas

Appliances

Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup

Features

Basement: Partially Finished
Has fireplace: No

Interior area

Total interior livable area: 1,596 sqft
Finished area above ground: 1,596

Property

Parking

Total spaces: 2
Parking features: On Street, Shared Driveway

Features

Levels: Two
Stories: 2
Patio & porch: Porch
Pool features: None

Lot

Size: 4,356 Square Feet
Dimensions: 35.00 x 122.00

Details

Parcel number: W22I089060S
Zoning description: MultiFamily, Residential
Special conditions: Short Sale No,Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Bungalow
Property subtype: Multi Family

Materials

Aluminum Siding, Wood Siding
Foundation: Basement, Block

Condition

New construction: No
Year built: 1926

Utilities & green energy

Sewer: Public Sewer, Sewer At Street
Water: Public, Waterat Street

Community & HOA

Community

Subdivision: FRISCHKORNS ESTATES (PLATS)

Location

Region: Detroit

Financial & listing details

Price per square foot: $40/sqft
Tax assessed value: $8,964
Annual tax amount: $783
Date on market: 8/17/2023
Cumulative days on market: 32 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional

Price history

Date	Event	Price
9/25/2023	Sold	$64,000-28.9%$40/sqft
Source: Realcomp II #20230069426 Report a problem
9/18/2023	Pending sale	$90,000$56/sqft
Source: Realcomp II #20230069426 Report a problem
8/17/2023	Listed for sale	$90,000+176.9%$56/sqft
Source: Realcomp II #20230069426 Report a problem
2/16/2018	Sold	$32,500+424.2%$20/sqft
Source: Public Record Report a problem
5/31/2012	Sold	$6,200+1.5%$4/sqft
Source: Public Record Report a problem
3/8/2012	Price change	$6,111-10%$4/sqft
Source: BLUE SKY REALTY #211075448 Report a problem
2/5/2012	Price change	$6,791-10%$4/sqft
Source: BLUE SKY REALTY #211075448 Report a problem
1/6/2012	Price change	$7,546-10%$5/sqft
Source: BLUE SKY REALTY #211075448 Report a problem
12/7/2011	Price change	$8,384-10%$5/sqft
Source: BLUE SKY REALTY #211075448 Report a problem
11/3/2011	Listed for sale	$9,315-10%$6/sqft
Source: isNowListed.com Report a problem
9/8/2011	Listing removed	$10,350$6/sqft
Source: BLUE SKY REALTY #211075448 Report a problem
8/18/2011	Price change	$10,350-10%$6/sqft
Source: BLUE SKY REALTY #211075448 Report a problem
7/17/2011	Listed for sale	$11,500-90.4%$7/sqft
Source: BLUE SKY REALTY #211075448 Report a problem
10/28/2010	Sold	$119,552+1.3%$75/sqft
Source: Public Record Report a problem
2/26/2003	Sold	$118,000$74/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$21,900 +28.1%
2024	--	$17,100 +26.7%
2023	--	$13,500 +25%
2022	--	$10,800 +12.5%
2021	--	$9,600
2020	$997 -17.9%	$9,600 +14.3%
2019	$1,214	$8,400 +7.7%
2018	$1,214	$7,800 -2.5%
2017	--	$8,000 -70.5%
2016	$1,571	$27,100
2015	$1,571 -5.7%	$27,100 -33.4%
2013	$1,666 +6.1%	$40,665 -31.8%
2010	$1,571	$59,620 -18%
2009	--	$72,707 -14%
2008	--	$84,543
2007	--	$84,543 +5.5%
2005	$167	$80,136 +3%
2004	--	$77,802