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Off market
  • $234,000

    7042 Thatcher St, Detroit, MI 48221

    5beds
    2,096sqft
    MultiFamily
    Built in 1929
    -- sqft lot
    $234,000 Zestimate®
    $112/sqft
    $1,431 Estimated rent

    Home value

    $234,000

    $213,000 - $257,000

    $1,431/mo

    Zestimate® history
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    $1,661/mo

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    $1,661/mo

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    What's special

    Multi-family Airbnb Investment Property - proven $25k+ revenue Showing by Appointment-Only Completely renovated from head to toe with modern, high-end fixtures, granite counter tops, new solid wood, soft close Shaker kitchen cabinets, recessed lighting, tiled kitchen floors and backsplash, high-end appliances, beautiful hardwood floors, new furnace, water heater, AC Units and very tasteful decor! House is fully stocked (pots, pans, dishes, towels, heated blanket, soap, cooking condiments) and prefer to sell "turnkey". Downstairs - 3 bedrooms - master w/queen bed, another w/Full bed and kids room with 2 twins. Upstairs - 2 bedrooms - Queen bed & Full bed. 1 bedroom has a covered balcony. Nest controlled Central air and heat!!! No detail has been left spared. Almost 100 year old-house filled with tasteful antiques splashed with modern comforts. Airbnb property has a combined 80 5 star reviews and has 80% occupancy through June 25th 2018. I've stopped taking bookings after July 1st to prepare for sale. Open to discussing including my Airbnb account so the property can continue to operate Day 1. -Investors only -Cash only -$125K for property, $15K for "turnkey" option -It's been an Airbnb property for the last year, bringing in aprox $2-2500 a month -80+ 5 star Airbnb reviews - House sale price w/Fully furnished turnkey option -I'd like to sell it as a package deal so it can be a "lift and shift" business -Will consider including my Airbnb account w/sale Showings by private appointment only

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced air, Other
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Refrigerator
    Features
    • Flooring: Tile, Carpet, Hardwood
    • Basement: Partially finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 2,096 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Off-street
    Features
    • Exterior features: Brick
    Lot
    • Size: 4,356 sqft
    Details
    • Parcel number: 16008312

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • brick
    • Roof: Asphalt
    Condition
    • Year built: 1929

    Utilities & green energy

    • Sewer: Sewer-Sanitary
    • Water: Municipal Water

    Community & neighborhood

    Location
    • Region: Detroit

    Other

    Other facts
    • Architecture Level: 2 Story
    • Construction Materials: Brick
    • Exterior Features: Outside Lighting, Fenced, Awning/Overhang(s)
    • Road Frontage Type: Paved, Pub. Sidewalk
    • School District: Detroit
    • Sewer: Sewer-Sanitary
    • Title: Private - Owned
    • Water Source: Municipal Water
    • Last Change Type: Back On Market
    • Garage Size: No Garage
    • MLS Area Major: Det 6-8 Grfld-Dequindre
    • Foundation Materials: Block
    • Transaction Type: Sale
    • Heating Fuel: Natural Gas
    • Water Heater Fuel: Natural Gas

    Price history

    DateEventPrice
    3/24/2021Listing removed--
    Source: Owner Report a problem
    6/13/2018Sold$135,000+8%$64/sqft
    Source: Public Record Report a problem
    4/11/2018Pending sale$125,000$60/sqft
    Source: Owner Report a problem
    4/5/2018Listed for sale$125,000+39%$60/sqft
    Source: Owner Report a problem
    4/4/2017Sold$89,900$43/sqft
    Source: Public Record Report a problem
    2/18/2017Listed for sale$89,900+428.8%$43/sqft
    Source: Downtown Realty #217011650 Report a problem
    11/12/2010Sold$17,000+0.6%$8/sqft
    Source: MiRealSource #31024921 Report a problem
    9/24/2010Listed for sale$16,900+111.3%$8/sqft
    Source: RE/MAX Classic of Michigan #31024921 Report a problem
    8/12/2010Sold$8,000-63.5%$4/sqft
    Source: Public Record Report a problem
    7/27/1994Sold$21,894$10/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $99,700 +25.9%
    2024-- $79,200 +32.9%
    2023-- $59,600 +35.1%
    2022-- $44,100 +21.2%
    2021-- $36,400
    2020$2,662 +15.2%$36,400 +26.8%
    2019$2,312 $28,700 +25.9%
    2018$2,312 $22,800 +9.1%
    2017-- $20,900 -43.8%
    2016$2,269 $37,200 +118.8%
    2015$2,269 +6.5%$17,000 -20.2%
    2013$2,130 -6.1%$21,303 -28%
    2010$2,269 $29,568 -18%
    2009-- $36,059 -14.5%
    2008-- $42,174
    2007-- $42,174 +5.5%
    2005$376 $39,975 +3%
    2004-- $38,811 +38.3%
    2001$1,827 +12.2%$28,070 +3.2%
    2000$1,628 $27,200

    Find assessor info on the county website

    Neighborhood: Bagley

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Detroit

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $234,000
    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
    $234,000