Sold
Last Sold Price
1,458 sqft$45/sqft
12661 Riad Street, Detroit, MI 48224
Single FamilyProperty Type
4,792 sq ftLot Size
1939Year Built
$45/sq ftPrice per sq ft
1 carParking Spaces

Description

CALLING ALL INVESTORS- Partially renovated high performing single-family unit that will make the perfect addition to your current or new investment portfolio With current rent comps in the area averaging $1,250/month, and yearly expenses--including taxes and insurance--totaling less than $3,000, this property offers a strong ROI and a healthy cap rate. Located in the quiet and well-maintained PARK DRIVE SUB, this is an opportunity you don't want to miss!CALLING ALL INVESTORS- Partially renovated high performing single-family unit that will make the perfect addition to your current or new investment portfolio With current rent comps in the area averaging $1,250/month, and yearly expenses--including taxes and insurance--totaling less than $3,000, this property offers a strong ROI and a healthy cap rate. Located in the quiet and well-maintained PARK DRIVE SUB, this is an opportunity you don't want to miss!
  • Listed by: Victor Shauni 248.420.5101 vicshauni21@gmail.com Brokerage DRE #6505375382 • eXp Realty, LLC
  • Listed by: Bernard Shamow 248.413.9003 bernard.shamow@exprealty.com • EXP Realty Main
Listing closed: 04/13/2026 12:00 AM • Source: Michigan Regional Information Center, MLS#: 26008787

Amenities

  • Basement
  • Detached Parking
  • Fireplace
  • Forced Air
  • Garage

Location

Listing Courtesy of eXp Realty, LLC; EXP Realty Main

Sold By eXp Realty, LLC; EXP Realty

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Payment Calculator

$605 per month

30 year fixed, 6.55% Interest

Principal and Interest

$330

Property Taxes

$275

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 12661 Riad Street

Property Details
  • Taxes: $3,299 / year
  • MLS Type: Residential / Single Family Residence
  • County: Wayne County
Building Information
  • Stories: 2
  • Year Built: 1939
  • Lot Size: 0.11 AC / 4,792 SF
Summary
Location and General Information
  • Cross Streets: Morross and Kelly
  • Municipality: Detroit City
  • Area - Major: Detroit (82001)
  • Street #: 12661
  • Street Name: Riad
  • Suffix: Street
  • City: Detroit
  • State: MI
  • Zip Code: 48224
  • County: Wayne
  • Latitude: 42.430882
  • Longitude: -82.953533
Taxes and HOA
  • Association Fee Includes: Electricity, Water, Trash, Heat
  • Taxable Value: 41245.0
  • Approx. Assoc Fee: $0
  • Tax ID #: 21057663
  • Association: Yes
  • Homestead: 0
  • SEV: 51900
Parking
  • Parking Features: Detached
  • Garage Spaces: 1.0
  • Garage Y/N: Yes
  • Attached Garage: No
  • Driveway: Concrete
Virtual Tour
  • Total Virtual Tours Count: 0
  • Total Open Houses Count: 0
Property
Lot Information
  • SqFt Source: Previous Listing
  • Lot Dimensions: 40x122
  • Below Grade Finished Area: 0.0
  • Total Fin SqFt All Levels: 1458.0
  • SqFt Above Grade: 808.0
  • Lot Measurement: Acres
  • Lot Acres: 0.11
  • Lot Square Footage: 4792.0
  • Lot Size Area: 0.11
Property and Assessments
  • Tax Year: 2025
  • Legal: PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2024. W RIAD 767 SEVEN MILE CADIEUX SUB NO 6 L60 P17 PLATS, W C R 21/952 40 X 122
  • Property Sub-Type: Single Family Residence
  • New Construction: No
  • Total Floor Plans Count: 0
  • Property Type: Residential, Single Family Residence
  • Year Built: 1939
  • Video Groups: 0
  • Accessibility Features YN: No
  • Income Property: Yes
Utilities
  • Sewer: Public Sewer, Public
  • Water Source: Public
  • Water: Public
Interior and Exterior Features
Exterior Features
  • Stories: 2
  • Construction Materials: Brick
  • Exterior Material: Brick
  • Substructure: Full
Interior Features
  • Heating: Forced Air
  • Laundry Features: Gas Dryer Hookup, Lower Level
  • Fireplace: Yes
  • Room Total: 4
  • Main Bedrooms: 0
  • Fireplaces Total: 1
  • Basement: Yes
  • Levels: Tri-Level
  • Total Baths: 0.0
  • Full Baths: 0
  • Bathrooms Total (Integer): 0
  • Bathrooms Total (Decimal): 0.0
  • Bathrooms Total (Notational): 0.0
  • Heating: Yes
  • Heat Source: Natural Gas
  • Heat Type: Forced Air
  • Bedrooms: 0
  • Half Baths: 0.0
  • Main Full Baths: 0
  • Main Half Baths: 0
  • Main Level SQFT: 0
  • Total Beds Above Grade: 0
  • Basement Bedrooms: 0.0
  • Basement Finished SQFT: 0.0
  • Basement Full Baths: 0.0
  • Basement Half Baths: 0.0
  • Total Basement SQFT: 696.0
  • Main Level Primary: Yes
Rental
Rental Information
  • Terms Available: Cash, Conventional

Property History for 12661 Riad Street

DateEvent & SourcePriceAppreciation
Apr 20, 2026

Sold (Public Record)

Public Record #1943405461

$65,000

+6.3% / yr

Apr 13, 2026

Sold

MiRealSource #70518464

$65,000
Apr 13, 2026

Sold

Michigan Regional Information Center #26008787

$65,000
DateEvent & SourcePrice
04/20/2026

Sold (Public Record)

Public Record #1943405461

$65,000

+6.3% / yr

04/13/2026

Sold

MiRealSource #70518464

$65,000
04/13/2026

Sold

Michigan Regional Information Center #26008787

$65,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 12661 Riad Street

Taxable ValueLand-Additions-Total-
Tax Record2025$3,299 ($275 / month)
Home Facts
Beds0Baths1Total Finished SqFt1,458 SqFtAbove Grade Finished SqFt1,458 SqFtUnfinished Basement SqFt487 SqFtStories2Lot Size4,792 SqFtStyleSingle Family ResidenceYear Built1939Year Renovated1939ZoningR1CountyWAYNEAPN21057663.

Schools near 12661 Riad Street

This home is within Detroit Public Schools Community District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - PK to 8
Public - PK to 8
Rating
School
Distance
Carleton Elementary School
PublicPK to 5

Bates Academy
PublicPK to 8

Fisher Magnet
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 12661 Riad Street, Detroit, MI 48224
$65,000
1,458
4,792
$79,000
2
1,558
4,792
4,792
$80,000
3
1,624
5,227
$89,000
4
1,161
4,791
1
971
5,227

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty, LLC; EXP Realty Main

The properties on this web site come in part from the Broker Reciprocity Program of the Member MLS’s of the MichRIC (Michigan Regional Information Center), LLC. Information Deemed Reliable But Not Guaranteed. The firm operating this website does not display the entire MLS, MichRIC, LLC, Broker Reciprocity database on this web site. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. Information deemed reliable but not guaranteed. Copyright© 2026 Michigan Regional Information Center. All Rights Reserved.