Real estate investment opportunity for this buy and hold section 8 rental property in Detroit, MI! The tenant is a long term tenant of about 17 years paying $975/mth through section 8 with eligibility to increase the rent through section 8. This well maintained property has an updated kitchen with a spacious clean and partially finished basement. You also have a decent size backyard. Add this one to your investment portfolio before it's gone. If you are looking to live in the home, the tenant is currently month to month. Be sure to check out the virtual tour to have a realistic view of the home, avoiding delays in arranging showings that accommodate the tenant. While every effort has been made to provide accurate information, it is important to note that it is deemed reliable but not guaranteed.
Sold for $45,500
$45,500
8066 Lauder St, Detroit, MI 48228
2beds
1,767sqft
Single Family Residence
Built in 1939
3,920 Square Feet Lot
$67,100 Zestimate®
$26/sqft
$1,150 Estimated rent
Home value
$67,100
$51,000 - $85,000
$1,150/mo
Zestimate® history
Owner options
List your home for rent
$1,150/mo
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$1,150/mo
Rent Zestimate®
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$262/mo
Est. payment
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$262/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Patrice Henderson 248-780-2521,
Max Broock Realtors
Bought with:
Patrice Henderson, 6501397234
Max Broock Realtors
Source: Realcomp II,MLS#: 20240035239
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: Entry
- Dimensions: 10 x 12
Bedroom
- Level: Entry
- Dimensions: 11 x 11
Other
- Level: Entry
- Dimensions: 7 x 9
Dining room
- Level: Entry
- Dimensions: 10 x 11
Laundry
- Level: Basement
Living room
- Level: Entry
- Dimensions: 15 x 15
Heating
- Forced Air, Natural Gas
Appliances
- Included: Disposal, Dryer, Gas Cooktop, Washer
- Laundry: Electric Dryer Hookup, Laundry Room, Washer Hookup
Features
- Programmable Thermostat
- Basement: Partially Finished
- Has fireplace: No
Interior area
- Total interior livable area: 1,767 sqft
- Finished area above ground: 975
- Finished area below ground: 792
Property
Parking
- Total spaces: 1
- Parking features: One Car Garage, Basement, Detached, Driveway
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
- Entry location: GroundLevel
- Patio & porch: Porch
- Exterior features: Gutter Guard System, Lighting
- Pool features: None
- Fencing: Back Yard,Fenced
Lot
- Size: 3,920 Square Feet
- Dimensions: 35.00 x 114.00
Details
- Parcel number: W22I041595S
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Basement, Poured
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1939
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Community
- Security: Carbon Monoxide Detectors, Smoke Detectors
- Subdivision: HUDSONS SUB (PLATS)
HOA
- Has HOA: No
Location
- Region: Detroit
Financial & listing details
- Price per square foot: $26/sqft
- Tax assessed value: $24,600
- Annual tax amount: $495
- Date on market: 5/24/2024
- Cumulative days on market: 1 day
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA
- Exclusions: Exclusion(s) Do Not Exist
Price history
| Date | Event | Price |
|---|---|---|
| 5/31/2024 | Sold | $45,500$26/sqft |
Source:  Realcomp II #20240035239 Report a problem | ||
| 5/25/2024 | Pending sale | $45,500$26/sqft |
Source: Realcomp II #20240035239 Report a problem | ||
| 5/24/2024 | Listed for sale | $45,500+213.8%$26/sqft |
Source: Realcomp II #20240035239 Report a problem | ||
| 1/3/2023 | Sold | $14,500$8/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $24,600 +21.2% |
| 2024 | -- | $20,300 +26.9% |
| 2023 | -- | $16,000 +19.4% |
| 2022 | -- | $13,400 +8.9% |
| 2021 | -- | $12,300 |
| 2020 | $251 -45.6% | $12,300 +28.1% |
| 2019 | $462 | $9,600 +37.1% |
| 2018 | $462 | $7,000 -2.8% |
| 2017 | -- | $7,200 +148.3% |
| 2016 | $596 | $2,900 |
| 2015 | $596 +64% | $2,900 -20.2% |
| 2013 | $363 -39% | $3,634 -30.2% |
| 2010 | $596 | $5,207 -12% |
| 2009 | -- | $5,917 -13.5% |
| 2008 | -- | $6,841 |
| 2007 | -- | $6,841 +5.5% |
| 2005 | $73 | $6,484 +3% |
| 2004 | -- | $6,295 +15.1% |
| 2001 | $455 +10.1% | $5,469 +3.2% |
| 2000 | $413 | $5,300 |
Find assessor info on the county website
Neighborhood: Fiskhorn
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Nearby schools
GreatSchools rating
- 4/10Barton Elementary SchoolGrades: PK-7Distance: 1.9 mi
- 3/10Cody High SchoolGrades: 9-12Distance: 1.7 mi
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Estimated market value
$67,100
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
$67,100
- Michigan
- Wayne County
- Detroit
- 48228
- Fiskhorn
- 8066 Lauder St
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