2744 Tuxedo Street
Detroit, MI 48206
Multi Family · MLS # 20261090356 · Listing courtesy of RE/MAX Masters
About this home
Great opportunity for investors, rehabbers, or buyers looking to bring a property back to life! This duplex offers plenty of potential with solid bones and an opportunity to restore and customize to your vision. The property has been abandoned and will require a full renovation. Features include a boiler heating system and a duplex layout with possibilities for future income or multi-unit living. This sale includes both vacant lots adjacent to the home, on both the left & right side. Property is being sold strictly **AS-IS**, with no repairs or concessions from the seller. No showings without a licensed real estate agent. Bring your vision and explore the possibilities this property has to offer!
Interior
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Detroit
Over the last 90 days, 1,214 homes sold in Detroit for a median of $99,950, about $71 per square foot, and the typical one went under contract in 29 days. This home is listed at $44,900, or $15 per square foot, 79% below the city median, and has been on the market 1 day. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Detroit sales or ask us for the comparable sales on this one.
Property taxes for a new owner
The current owner pays about $2,727 a year. A buyer who lives here would pay about $911 to $1,455 a year once the taxable value resets after the sale, at the 2025 homestead rate of 64.18 mills for Detroit City and Detroit schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.
Monthly payment estimate
Estimate only, 30 year fixed, includes taxes at a new owner's rate when listed. Ask us for a lender quote.
Location
Similar homes in Detroit
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