tomo logo

$170,000

Beds
4
Baths
2.0
sq ft
2,307

17159 Indiana St, Detroit, MI 48221

17159 Indiana St

Detroit, MI 48221

  • 57 days on market
Welcome to 17159 Indiana Street, an exceptional multi-family investment opportunity in the highly sought-after Bagley neighborhood! This well-maintained property features two spacious units, both currently tenanted, but will be vacated in December, allowing for endless possibilities. Each unit boasts generous layouts with plenty of natural light, hardwood floors, and charming original details throughout. The property also includes a full basement, garage, and a large backyard, perfect for future tenant enjoyment or a partially completed fix and flip! Ideally located near major shopping areas, dining, and entertainment. Whether you’re looking to invest or create a home with rental income, this property fits the criteria. Don't miss out on this rare opportunity in one of Detroit’s most vibrant communities!

Details

Property type

Single Family Residence

Est. home value

$141,745

Lot size

3,920 sq ft

Price per sq ft

$74

Year built

1927

Annual property taxes

$2,274

Price History

10/25/2024
Realcomp

Realcomp #20240080880

Listed
$170,000
-5.56%
08/06/2024
Realcomp

Realcomp #81024005784

Removed
$179,999
07/17/2024
Realcomp

Realcomp #81024005784

Price change
$179,999
+0.06%

Schools & Community

Neighborhood: 

Bagley

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Detroit

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

City Of Detroit

Loan start date

August 2023

Original loan amount

$25,000

Est. remaining balance

Not provided

Interest rate

6.81%

Loan type

Not Provided

Seller

Donald Adams

Lender

Plains Commerce Bank

Loan start date

August 2023

Original loan amount

$111,161

Est. remaining balance

$109,684

Interest rate

6.81%

Loan type

FHA, 30 year

Seller

Donald Adams

Lender

City Of Detroit

Loan start date

August 2023

Original loan amount

$25,000

Est. remaining balance

Not provided

Interest rate

6.81%

Loan type

Not Provided

Seller

Donald Adams

Lender

Plains Commerce Bank

Loan start date

August 2023

Original loan amount

$111,161

Est. remaining balance

$109,684

Interest rate

6.81%

Loan type

FHA, 30 year

Seller

Donald Adams

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/22/2024 at 10:05 AM

Listing updated: 11/04/2024 at 5:45 PM

Listed by: Hasson Hammoud, U.S. Investor Group Phone #: (313) 644-0034

MLS: Realcomp #20240080880

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