Amazing investment opportunity! This property is an instant cashflow opportunity. Property is TENANT OCCUPIED with a Supportive Housing Society at $1050/mo, the entire rent is paid by the organization. Similar to Section 8. Lease began June 2023, rent increased as of June 2024. Professionally managed rental, tenant plans to stay. Don't miss out on this rare opportunity of guaranteed rental income in Detroit. Property being sold as is. All dimensions are estimated and should be verified. Pictures of home from BEFORE tenant moved in. **Showings only with accepted offer. Property is tenant occupied, please respect their privacy.**
Sold for $66,100
$66,100
7345 Penrod St, Detroit, MI 48228
2beds
800sqft
Single Family Residence
Built in 1939
5,227.2 Square Feet Lot
$68,800 Zestimate®
$83/sqft
$1,053 Estimated rent
Home value
$68,800
$62,000 - $76,000
$1,053/mo
Zestimate® history
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$1,053/mo
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$1,053/mo
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$380/mo
Est. payment
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$380/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Bailee Clanton 313-774-4005,
Home Source Realty LLC
Bought with:
Mohammed Halemi
SENAN LLC
Source: Realcomp II,MLS#: 20250010414
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: Upper
- Area: 253
- Dimensions: 11 x 23
Bedroom
- Level: Entry
- Area: 110
- Dimensions: 11 x 10
Other
- Level: Entry
Kitchen
- Level: Entry
- Area: 168
- Dimensions: 14 x 12
Living room
- Level: Entry
- Area: 156
- Dimensions: 13 x 12
Heating
- Forced Air, Natural Gas
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 800 sqft
- Finished area above ground: 800
Property
Parking
- Parking features: No Garage
Features
- Levels: One And One Half
- Stories: 1
- Entry location: GroundLevelwSteps
- Pool features: None
Lot
- Size: 5,227 sqft
- Dimensions: 40.00 x 138.00
Details
- Parcel number: W22I078199S
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Brick, Vinyl Siding
- Foundation: Basement, Block
Condition
- New construction: No
- Year built: 1939
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Detroit
- Subdivision: WESTHAVEN (PLATS)
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,Warranty Deed
Price history
| Date | Event | Price |
|---|---|---|
| 5/28/2025 | Pending sale | $69,000+4.4%$86/sqft |
Source:  Realcomp II #20250010414 Report a problem | ||
| 5/19/2025 | Sold | $66,100-4.2%$83/sqft |
Source: Realcomp II #20250010414 Report a problem | ||
| 3/26/2025 | Listed for sale | $69,000-1.3%$86/sqft |
Source: Realcomp II #20250010414 Report a problem | ||
| 7/1/2024 | Listing removed | -- |
Source: Realcomp II #20230104831 Report a problem | ||
| 3/3/2024 | Listed for sale | $69,900$87/sqft |
Source: Realcomp II #20230104831 Report a problem | ||
| 12/12/2023 | Listing removed | -- |
Source: Realcomp II #20230067501 Report a problem | ||
| 10/20/2023 | Price change | $69,900-4.2%$87/sqft |
Source: Realcomp II #20230067501 Report a problem | ||
| 9/8/2023 | Price change | $73,000-2.7%$91/sqft |
Source: Realcomp II #20230067501 Report a problem | ||
| 8/26/2023 | Listed for sale | $75,000+56.3%$94/sqft |
Source: Realcomp II #20230067501 Report a problem | ||
| 12/17/2019 | Sold | $48,000-20%$60/sqft |
Source: Public Record Report a problem | ||
| 11/20/2019 | Pending sale | $60,000$75/sqft |
Source: RE/MAX First #219062434 Report a problem | ||
| 8/16/2019 | Price change | $60,000+9.1%$75/sqft |
Source: RE/MAX First #219062434 Report a problem | ||
| 7/30/2019 | Price change | $54,999-8.3%$69/sqft |
Source: RE/MAX First #219062434 Report a problem | ||
| 6/26/2019 | Listed for sale | $60,000+60%$75/sqft |
Source: RE/MAX First #219062434 Report a problem | ||
| 3/6/2019 | Sold | $37,500$47/sqft |
Source: Public Record Report a problem | ||
| 1/31/2019 | Listed for sale | $37,500+87.5%$47/sqft |
Source: RE/MAX Leading Edge #219009276 Report a problem | ||
| 12/18/2018 | Listing removed | $900$1/sqft |
Source: Owner Report a problem | ||
| 12/8/2018 | Listed for rent | $900$1/sqft |
Source: Owner Report a problem | ||
| 12/8/2018 | Listing removed | $20,000$25/sqft |
Source: Owner Report a problem | ||
| 10/5/2018 | Pending sale | $20,000$25/sqft |
Source: Owner Report a problem | ||
| 9/30/2018 | Price change | $20,000+33.3%$25/sqft |
Source: Owner Report a problem | ||
| 9/19/2018 | Listed for sale | $15,000-79.2%$19/sqft |
Source: Owner Report a problem | ||
| 12/18/2006 | Sold | $72,000$90/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $22,400 +27.3% |
| 2024 | -- | $17,600 +23.9% |
| 2023 | -- | $14,200 +31.5% |
| 2022 | -- | $10,800 +6.9% |
| 2021 | -- | $10,100 |
| 2020 | $615 -25.1% | $10,100 +13.5% |
| 2019 | $820 | $8,900 +4.7% |
| 2018 | $820 | $8,500 -1.2% |
| 2017 | -- | $8,600 -28.9% |
| 2016 | $1,598 | $12,100 |
| 2015 | $1,598 -11.5% | $12,100 -33% |
| 2013 | $1,805 +12.9% | $18,054 -31.8% |
| 2010 | $1,598 | $26,470 -18% |
| 2009 | -- | $32,281 -14% |
| 2008 | -- | $37,536 |
| 2007 | -- | $37,536 +5.5% |
| 2005 | $171 | $35,579 +3% |
| 2004 | -- | $34,543 |
Find assessor info on the county website
Neighborhood: Warrendale
Nearby schools
GreatSchools rating
- 3/10Carver Elementary-Middle SchoolGrades: PK-8Distance: 0.6 mi
- 3/10Cody High SchoolGrades: 9-12Distance: 1.1 mi
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Estimated market value
$68,800
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
$68,800
- Michigan
- Wayne County
- Detroit
- 48228
- Warrendale
- 7345 Penrod St
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Nearby neighborhoods
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