9251 Archdale Street
Detroit, MI 48228
Single Family Residence · MLS # 20261089036 · Listing courtesy of Amin Realty
About this home
Excellent opportunity to add a turnkey, income-producing property to your investment portfolio! This updated 3-bedroom, 1-bath home at 9251 Archdale offers immediate rental income with a tenant currently paying $1,500 per month on a month-to-month lease. Recent updates include a refreshed kitchen and bathroom, new carpeting, and fresh paint, providing a move-in-ready feel while minimizing the need for immediate improvements. Whether you’re expanding your rental portfolio, seeking a cash-flow opportunity, or looking for your next investment property, this property offers the potential for immediate income and future flexibility. Conveniently located in Detroit, this is an opportunity investors won’t want to overlook! BATVAI!
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 $85,000, or $85 per square foot, 20% above 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 $1,097 a year. A buyer who lives here would pay about $860 to $2,755 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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