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$ 99,900
Est. payment /mo
New
14819 Tacoma Street Detroit, MI 48205
3 Beds
1 Bath
1,100 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,100 sqft
Price per Sqft $90
MLS Listing ID 20251008460
Bedrooms 3
Full Baths 1
Year Built 1947
Annual Tax Amount $1,200
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 40X116
Property Sub-Type Single Family Residence
Source Realcomp
Property Description
A freshly updated investment property in one of Detroit's revitalizing neighborhoods comes with a brand-new lease in place and currently generates $1,400 SECTION 8 per month in rental income, making it an ideal choice for investors seeking strong returns and long-term value.The nearby amenities add considerable appeal for future tenants or buyers. Just 0.3 miles away, Denby High School is easily accessible, and Trix Performance Academy, less than 0.5 miles from the home, is known for serving local students. Nearby parks like Farwell Recreation Center, less than a mile from your doorstep, offer recreational options and contribute to the neighborhood's community feel—an important factor for attracting families or long-term tenants.Convenient shopping and dining options surround Tacoma St. Within a mile, you'll find local favorites such as Lou's Coney Island and Halal Fried Chicken, ensuring residents have diverse food choices close by. Walgreens is just 0.8 miles away, meeting everyday healthcare and pharmacy needs. This proximity to everyday essentials increases the desirability and rentability of the location, helping investors secure consistent occupancy and investment stability.Recently refreshed, the property offers updated living spaces that appeal to quality renters, supporting long-term tenancies. Coupled with a new lease in place at $1,400 per month, this home provides immediate rental income from day one. The neighborhood's resurgence increases its investment potential, and the close proximity to main roadways like Gratiot Avenue ensures easy commutes for residents.This is more than a property—it's a strategic opportunity to capitalize on one of Detroit's most promising markets. The robust local infrastructure, walkable amenities, and strong rental demand make this an appealing addition to any investor's portfolio. Don't miss out on this affordable entry point in a neighborhood poised for growth.
Location
State MI
County Wayne
Area Wayne County - 100
Direction Take Gratiot to Tacoma east to property on north side of block
Interior
Heating Forced Air
Exterior
View Y/N No
Garage No
Building
Story 2
Structure Type Brick
Schools
School District Detroit
Others
Tax ID 21023844
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Listed by JNA Real Estate