Sold
Last Sold Price
4 beds1,680 sqft$33/sqft
8882 Rutherford Street, Detroit, MI 48228
Multi FamilyProperty Type
2,613 sq ftLot Size
1949Year Built
$33/sq ftPrice per sq ft

Description

Best income investment in the city! Performing 2 family unit collecting $600/unit... $1200 monthly... Actual... Not projected! Property is still split in public records-but 8880 rutherford is included in the sale(w22i055736s004-e rutherford n 0.79 ft 102 s 23.76 ft 103 frischkorns joy rd sub l70 p57 plats, w c r 22/714 24.55 x 110) seller is out of state and can no longer manage from afar. Seller has one other for sale directly across the street...8873 rutherford, performing just as well. This is...Best income investment in the city! Performing 2 family unit collecting $600/unit... $1200 monthly... Actual... Not projected! Property is still split in public records-but 8880 rutherford is included in the sale(w22i055736s004-e rutherford n 0.79 ft 102 s 23.76 ft 103 frischkorns joy rd sub l70 p57 plats, w c r 22/714 24.55 x 110) seller is out of state and can no longer manage from afar. Seller has one other for sale directly across the street...8873 rutherford, performing just as well. This is the perfect opportunity to create long term wealth and a solid plan for the future. Tenants want to stay. Seller will arrange showings/private inspections for accepted offers only. Quick closings preferred with warranty deed delivered at closing. Drive by and see for yourself, without disturbing tenants or walking properties of course. As-is sale. Adama. Bbatvai.
  • Listed by: Frederick Tavolette 313.274.7200 ftavolette@gmail.com Brokerage DRE #05467102 • Century 21 Curran & Oberski
Listing closed: 10/18/2019 12:00 AM • Source: Realcomp, MLS#: 219097833

Recent comparable sales

Median sold price

$68,000

Avg days on market

32

Sale-to-list ratio

83.8%

Detroit, MI

9 comparable properties found

$45,000 | 13984 Mettetal Street, Detroit, MI 48227
1/15
1

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1,911
Square Feet
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$92,700 | 9143 Mettetal Street, Detroit, MI 48228
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$50,000 | 9581 Mark Twain Street, Detroit, MI 48227
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$175,000 | 8203-8209 Manor, Detroit, MI 48204
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$85,000 | 7781-7783 Evergreen Road, Detroit, MI 48228
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Square Feet
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$50,000 | 9181 Pinehurst Street, Detroit, MI 48204
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$51,000 | 13244 Ardmore Street, Detroit, MI 48227
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Location

Listing Courtesy of Century 21 Curran & Oberski

Sold By Community Choice Realty Inc

Add your commute

Payment Calculator

$398 per month

30 year fixed, 6.71% Interest

Principal and Interest

$284

Property Taxes

$114

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 8882 Rutherford Street

Property Details
  • Taxes: $1,371 / year
  • MLS Type: Residential Income / Multi Family
  • County: Wayne County
  • Subdivision Name: FRISCHKORNS JOY ROAD (PLATS)
  • Architectural Style: Colonial, Townhouse
  • Waterfront: No
  • Zoning Description: Residential
Building Information
  • Residences: 2
  • Year Built: 1949
  • Lot Size: 0.06 AC / 2,613 SF
Summary
Location and General Information
  • Directions: NORTH OF JOY AND WEST OF GREENFIELD
  • Latitude: 42.359793
  • Longitude: -83.202062
  • Cross Street: N of JOY RD/W of GREENFIELD
  • MLS Area Major: Detroit (82001)
Taxes and HOA
  • Parcel Number: W22I055736S005
  • Tax Amount Summer: $1,273.00
  • Tax Amount Winter: $98.00
  • Tax Annual Amount: $1,371.00
  • Tax Assessed Value: $5,150.00
  • Tax Legal Description: E RUTHERFORD S 24.45 FT OF N 26.24 FT 103 FRISCHKORNS JOY RD SUB L70 P57 PLATS, W C R 22/714 24.45 X 110 & E RUTHERFORD N 0.79 FT 102 S 23.76 FT 103 FRISCHKORNS JOY RD SUB L70 P57 PLATS, W C R 22/714 24.55 X 110
School Information
  • High School District: Detroit
Property
Lot Information
  • Frontage Length: 50.0
  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Size Dimensions: 50.00X110.00
  • Encroachment: No
  • Lot Size Units: Acres
  • Road Frontage Feet: 50
  • Road Frontage Type: Paved
  • Road Surface Type: Paved
Property and Assessments
  • State Equalized Value: 19800.0
  • Living Area: 1680.0
  • Building Area Total: 1680.0
  • Above Grade Finished Area: 1680.0
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Total Area: 840.0
  • Below Grade Total Area Units: Square Feet
  • Class Name: Residential Income
  • Living Area Source: Assessor
  • Living Area Units: Square Feet
  • Year Built: 1949
Building Features
  • Construction Materials: Brick
  • Foundation Details: Basement, Block
  • Levels: Two
  • Stories Total: 2
Utilities
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Bathrooms Total Notational: 2.0
  • Basement: Unfinished
  • Has Basement: Yes
  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Heating: Forced Air, Natural Gas
  • Has Heating: Yes
  • UnitTwoBedNumberOf: 2
Exterior Features
  • Community Features: Sidewalks
Multi Family
Multi Family Information
  • Number of Units Leased: 2
  • Number of Units Total: 2
  • Unit Records: 1
Income & Expenses
  • Gross Scheduled Income: $14,400.00
  • Net Operating Income: $12,000.00
Unit Information
Unit 1
  • Actual Rent: $600.00
  • Total Bathrooms: 2
  • Furnished: Unfurnished
  • Sq Ft: 840.0
  • Type: Two Bedroom
  • Total Units: 2.0
Agent
Sale and Listings
  • Public GLR Website: Yes
Rental
Rent Information
  • Monthly Rental Income: $1,200.00
  • Existing Lease: Yes
  • Pets Allowed: Breed Restrictions

Property History for 8882 Rutherford Street

DateEvent & SourcePriceAppreciation
Oct 18, 2019

Sold

Realcomp #219097833

$55,000
Oct 18, 2019

Sold

MiRealSource #21659878

$55,000
Sep 28, 2019

Contract Signed

Realcomp #219097833

DateEvent & SourcePrice
10/18/2019

Sold

Realcomp #219097833

$55,000
10/18/2019

Sold

MiRealSource #21659878

$55,000
09/28/2019

Contract Signed

Realcomp #219097833

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

Public Records for 8882 Rutherford Street

Taxable ValueLand-Additions-Total-
Tax Record2025$1,237 ($103 / month)
Home Facts
Baths1Total Finished SqFt840 SqFtAbove Grade Finished SqFt840 SqFtUnfinished Basement SqFt420 SqFtStories1Lot Size2,614 SqFtStyleDuplexYear Built1949Year Renovated1949ZoningR2CountyWAYNEAPN22055736.005

Schools near 8882 Rutherford Street

This home is within Detroit Public Schools Community District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - PK to 8
Public - PK to 8
Public - PK to 12
Rating
School
Distance
Bates Academy
PublicPK to 8

Henderson Academy
PublicPK to 8

Detroit International Academy For Young Women
PublicPK to 12

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: 8882 Rutherford Street, Detroit, MI 48228
$55,000
4
1,680
2,613
2,614
3,049
$35,000
4
1,680
2,613
1
840
3,049
1
840
2,614

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 Century 21 Curran & Oberski

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