Last Sold Price
3 beds974 sqft$51/sqft
12823 Riad Street, Detroit, MI 48224

Description

Opportunity This 3 bedroom, 1 bathroom brick bungalow is located in the Denby neighborhood, near the border of Harper Woods, and could make an excellent rental property with Section 8 rents as high as $1,300/month OR could be your next fix-n-flip project with ARVs in the 110-125K range! The property features hardwood flooring throughout most of the 1st floor, forced air heating, vinyl windows, PEX plumbing, an updated 100 amp electrical panel with mostly romex wiring, and a 3-tab shingle roof! The...Opportunity This 3 bedroom, 1 bathroom brick bungalow is located in the Denby neighborhood, near the border of Harper Woods, and could make an excellent rental property with Section 8 rents as high as $1,300/month OR could be your next fix-n-flip project with ARVs in the 110-125K range! The property features hardwood flooring throughout most of the 1st floor, forced air heating, vinyl windows, PEX plumbing, an updated 100 amp electrical panel with mostly romex wiring, and a 3-tab shingle roof! The property does require some cosmetic updates, but the kitchen and bathroom could be repurposed relatively cheaply and easily if you go the rental route! Perfect for a BRRRR strategy! Cash or hard moeny only, no seller financing.
LISTING CLOSED: 03/21/2025 12:00 AM

  1. Listed by Ryan E Kain • Brokerage DRE #6505400340 • RE/MAX Leading Edge
    P: (313) 277-7777 C: (734) 626-7815 r.kainrealtor@gmail.com
  2. Listed by Samuel Kain • Brokerage DRE #6505400340 • RE/MAX Leading Edge
    P: (734) 751-4468 C: (734) 751-4468 skain.realtor@gmail.com

Property Details for 12823 Riad Street

Status
MLS #
20240082675
Days on Market
89
Taxes
$1,218 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Single Family Residence
Year Built
1944
Lot Size
0.12 AC / 5,227 SF
Subdivision Name
HOLTZMAN JOSEPH (ALSO PG 76)
Architectural Style
Bungalow
Furnished
Unfurnished
Waterfront
No
Senior Community
No

Recent comparable sales

Median sold price

$51,500

Avg days on market

25

Sale-to-list ratio

88.1%

Detroit, MI

9 comparable properties found

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$57,000 | 12519 Laing Street, Detroit, MI 48224
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Acres
$45,000 | 16451 Manning Street, Detroit, MI 48205
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Sold 10/27/25

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Bedrooms
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Square Feet
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Acres

Location

Listing Courtesy of RE/MAX Leading Edge

Sold By Real Broker LLC Troy

Add your commute

Building Information for 12823 Riad Street

Stories-Year Built1944Building Size-Lot Size0.12 AC / 5,227 SF

Payment Calculator

$356 per month

30 year fixed, 6.55% Interest

Principal and Interest

$254

Property Taxes

$102

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 12823 Riad Street

Summary
Location and General Information
  • Directions: From Moross turn South on Riad
  • Latitude: 42.43226971
  • Longitude: -82.9524009
  • Cross Street: S of Moross/ E of Kelly
  • MLS Area Major: Detroit (82001)
Taxes and HOA
  • Parcel Number: W21I057661S003
  • Tax Amount Summer: $1,111.00
  • Tax Amount Winter: $107.00
  • Tax Annual Amount: $1,218.00
  • Tax Assessed Value: $11,317.00
  • Tax Legal Description: W RIAD 42 JOSEPH HOLTZMAN SUB L68 P75-6 PLATS, W C R 21/1011 42 X 122
  • Tax Other Annual Assessment Amount: $240.00
  • Association: No
School Information
  • High School District: Detroit
Parking
  • Attached Garage: No
  • Garage: No
  • Parking Features: No Garage
Property
Lot Information
  • Frontage Length: 42.0
  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Dimensions: 42.00 x 122.00
  • Lot Size Units: Acres
  • Road Frontage Feet: 42
  • Road Frontage Type: Paved
Property and Assessments
  • State Equalized Value: 20700.0
  • Living Area: 974.0
  • Building Area Total: 1742.0
  • Above Grade Finished Area: 974.0
  • Below Grade Total Area: 768.0
  • Class Name: Residential
  • Living Area Source: Public Records
  • New Construction: No
  • Year Built: 1944
Building Features
  • Construction Materials: Brick
  • Entry Location: Ground Levelw Steps
  • Foundation Details: Basement, Block
  • Levels: One And One Half
  • Year Remodeled: 2020
  • Roof: Asphalt
  • Stories Total: 2
Utilities
  • Electric: Service100Amp, Circuit Breakers
  • Sewer: Public Sewer, Sewer At Street
  • Utilities: Above Ground Utilities, Cable Available, Underground Utilities
  • Water Source: Public, Waterat Street
Interior and Exterior Features
Interior Features
  • Bathrooms Total Notational: 1.0
  • Appliances: Gas Water Heater
  • Basement: Unfinished
  • Has Basement: Yes
  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 3
  • Has Cooling: No
  • Fireplace: No
  • Heating: Forced Air, Natural Gas
  • Has Heating: Yes
  • Rooms Total: 5
  • Water Heater Fuel: Natural Gas
Exterior Features
  • Community Features: Sidewalks
  • Patio And Porch Features: Porch
  • Pool Private: No
Room Information
Room 1
  • Room Description: Ceramic
  • Room Length: 13.0
  • Room Width: 11.0
  • Room Flooring: Wood
  • Room Level: Entry
  • Room Type: Bathroom 1
Room 2
  • Room Description: Carpet
  • Room Dimensions: 14x10
  • Room Length: 11.0
  • Room Width: 8.0
  • Room Flooring: Wood
  • Room Level: Upper
  • Room Type: Bedroom 1
Room 3
  • Room Description: Wood
  • Room Dimensions: 13x11
  • Room Length: 8.0
  • Room Width: 16.0
  • Room Level: Entry
  • Room Type: Living Room
Room 4
  • Room Description: Wood
  • Room Dimensions: 11x8
  • Room Length: 14.0
  • Room Width: 10.0
  • Room Flooring: Carpet
  • Room Level: Upper
  • Room Type: Bedroom 2
Room 5
  • Room Description: Wood
  • Room Dimensions: 10x9
  • Room Length: 10.0
  • Room Width: 9.0
  • Room Flooring: Wood
  • Room Level: Entry
  • Room Type: Bedroom 3
Room 6
  • Room Dimensions: 8x16
  • Room Length: 8.0
  • Room Width: 16.0
  • Room Flooring: Ceramic Tile
  • Room Level: Entry
  • Room Type: Kitchen
Agent
Sale and Listings
  • Public GLR Website: Yes
Rental
Rent Information
  • Existing Lease: No
  • Rent Spree: No

Property History for 12823 Riad Street

DateEvent & SourcePriceAppreciation
Mar 21, 2025

Sold

Realcomp #20240082675

$50,000
Mar 21, 2025

Sold

MiRealSource #60354367

$50,000
Feb 10, 2025

Contract Signed

Realcomp #20240082675

DateEvent & SourcePrice
03/21/2025

Sold

Realcomp #20240082675

$50,000
03/21/2025

Sold

MiRealSource #60354367

$50,000
02/10/2025

Contract Signed

Realcomp #20240082675

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

Public Records for 12823 Riad Street

Taxable ValueLand-Additions-Total-
Tax Record2023$1,218 ($101 / month)
Home Facts
Beds0Baths1Total Finished SqFt974 SqFtAbove Grade Finished SqFt974 SqFtStories1Lot Size5,227 SqFtStyleSingle Family ResidenceYear Built1944ZoningR1CountyWAYNEAPN21057661.003

Schools near 12823 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: 12823 Riad Street, Detroit, MI 48224
$50,000
3
974
5,227
$13,245
3
777
5,227
$72,500
3
1,036
4,730
$41,690
1
974
5,227
$9,750
3
816
5,227
$3,575
1
1,042
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 RE/MAX Leading Edge

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