1229 S Deacon Street, Detroit City, MI 48217
SCHAEFER-BEATRICE · Wayne County
Key Facts
Description
Great investment opportunity in Detroit’s 48217 zip code, near the River Rouge border. This tenant-occupied ranch offers 2 bedrooms, 2 full bathrooms, a finished basement with additional bonus rooms, and a spacious 2-car detached garage. The property features vinyl siding, vinyl windows, hardwood floors, and a functional layout with extra usable space in the basement. Currently generating rental income, making this a solid option for investors looking for cash flow in a reputable Detroit location. Conveniently located near major roads, shopping, schools, and commuter routes. Tenant-occupied property. 24-hour notice required for all showings. Please do not approach or disturb tenant. Property is currently generating 1,200/month in rental income. Tenant pays gas and electricity. Seller currently pays the water bill. Property sold as-is. Licensed agent must be physically present for all showings. Submit offers with proof of funds or pre-approval. Property will be vacant at closing.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Ranch
Year Built
1955
Living Area
1,410 sq ft
Lot Size
0.13 acres
Lot Dimensions
42X125
Garage Spaces
2
Days on Market
65
MLS® Listing#
20261031680
Property Features
Cooling
Heating
Basement
Pool
Parking
Construction
Foundation
Sewer
Water Source
Rooms
- 10 X 7Basement
- 5 X 7
- Bedroom9 X 11
- Bonus Room14 X 23Basement
- Bonus Room14 X 16Basement
- Kitchen14 X 10
- Living Room16 X 13
- Master Bathroom12 X 9
Financial Details
HOA
None
Annual Taxes
$1,292
Assessed Value
$18,600
Parcel Number
W20I012144S005
Directions
NORTH OF SCHAEFER HWY AND EAST OF FORT ST
Affordability Calculator
$15,000
Estimated monthly payment
$399/mo
Principal $60,000 · Est. interest $83,705 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Detroit City, MI
- $231,966
- Median Listing Price
- 55
- Median Days on Market
- 1,491
- Median Sq Ft
- $136
- Median Price / Sq Ft
- 14,074
- Active Listings
- This home’s price is 68% below the area median.
- Its price per sq ft is 61% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Detroit City, MI.
Location
- 1229 S Deacon Street, Detroit City, MI 48217
Getting Around
Points of Interest in Detroit City, MI
Showing the Detroit City area map.
Nearby Schools
River Rouge High School
Secondary · 0.4 mi away
River Rouge Schools
Secondary · 0.7 mi away
Ann Visger Elementary School
Elementary · 1.0 mi away
Mark Twain School
Elementary · 1.1 mi away
Ralph J Bunche Academy
School · 1.5 mi away
Higgins Elementary School
Elementary · 1.5 mi away
Allendale Elementary School
Elementary · 1.7 mi away
Ecorse Baptist Temple & School
School · 1.8 mi away
Mohamed Said Elementary School
Elementary · 1.8 mi away
Strong Middle School
Secondary · 1.8 mi away
Melvindale-Northern Allen Park School District
Elementary · 1.8 mi away
Ecorse High School
Secondary · 1.9 mi away
Dr Charles Drew Academy
School · 1.9 mi away
Salina Intermediate GSRP
School · 1.9 mi away
Advance Path Academy
School · 1.9 mi away
Palmer Elementary School
Elementary · 1.9 mi away
Melvindale High School
Secondary · 2.1 mi away
Lincoln Park Public Schools
Elementary · 2.2 mi away
Way Academy Southwest
School · 2.2 mi away
Lafayette Elementary School
Elementary · 2.2 mi away
Commute Calculator
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|---|---|---|---|---|
| 2700 Shimmons Road 177, Auburn Hills City, MI | $52,500 | 3 | 2 | 1,792 |
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| 1907 Morgan Street, Saginaw City, MI | $52,900 | 2 | 1 | 834 |
| 1281 E Pontaluna Road 138, Norton Shores City, MI | $52,900 | 3 | 2 | 845 |
| 2735 S Wagner Road 103, Ann Arbor City, MI | $53,000 | 3 | 2 | 1,165 |
Moving Cost Estimate
EXIT Agents in Detroit City
Listing Courtesy: New Era Real Estate LLC - 8556393720
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