28215 Cherry Street

About this home

CURRENT RENT = $2,000/mo. Strong multifamily investment opportunity with $2,000/mo income. Long term tenants have been in the home for almost 10 years. Fully brick duplex with two 2-bedroom 1-bath units. Units have identical layouts. Large open living area. Lots of natural light. Professionally managed rental property. In order to protect the quiet enjoyment of the residents, physical inspections will be granted upon an accepted offer. We appreciate your discretion—please do not approach the property.

Interior

Systems and utilities

Exterior and lot

Taxes, HOA and more

Schools

How it compares in Inkster

Over the last 90 days, 55 homes sold in Inkster for a median of $105,000, about $89 per square foot, and the typical one went under contract in 23 days. This home is listed at $189,900, or $92 per square foot, 3% above the city median, and has been on the market 25 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Inkster sales or ask us for the comparable sales on this one.

Property taxes for a new owner

The current owner pays about $2,768 a year. A buyer who lives here would pay about $4,096 to $5,192 a year once the taxable value resets after the sale, at the 2025 homestead rate of 54.14 mills for Inkster City and Taylor 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

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