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4019 Carter St, Detroit, MI, 48204

$120,000

Home List Price

$1,425*

Closing Credit

6 Bedrooms
2 Full Baths
2,674 SqFt
$45/SqFt
Multi
Schools Nearby

Location

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4019 Carter St, Detroit$120,000

Buyer Closing Credits

$1,425*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1919
HeatingHot Water
BasementYes
MLS #50144712
Lot Size0.09 Acres
StatusActive

About 4019 Carter St

Welcome to this fantastic opportunity in Detroit, MI! This property located at 4019 Carter offers a prime investment opportunity. The property features two units, each with 3 bedrooms and 1 bathroom, providing great rental potential. The title is clear, and one unit is already occupied, generating rental income of $900 per month. The other unit is vacant, allowing for additional rental income. The property has undergone all necessary rehab work, making it a turnkey opportunity for you. With an average ARV of $130,000, this property presents a great opportunity for investors looking to add to their portfolio. Liens and taxes will be handled by the seller, and the property is being sold "As Is", giving you the freedom to make it your own. Don't miss out on this chance to invest in a lucrative property in Detroit, with great rental potential and a prime location. Contact us now to learn more and secure this investment opportunity! BATVAI

Property Details

Property Features

Property Information:

  • Year Built: 1919
  • Stories: 2
  • Living Area: 2,674 SqFt

Listing Office:

  • Office Name: Fortuna and Associates Real Estate Services
  • Office Phone: (586) 615-2868
  • Listing Agent: Joseph Fortuna

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 6

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Hot Water

School Info

School District Information:

  • School District: Detroit City School District

Other

Directions Information:

  • Directions: Joy To Dexter To Carter

Price Information

Listing Price Info

Price Summary:

  • List Price: $120,000
  • Price Per SqFt: $45/SqFt

Agent Commission:

  • Buyer's Agent Commission: 3%

Tax Information:

  • Annual Amount: $1,601
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Detroit, MI.

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Detroit, MI

City

Med. Sold Price

$82.6K

Med. Price/SqFt

$71

Avg. Days On Market

49

# of Sold Homes

433

4019 Carter St vs Detroit

1 DAY ON ROCKET

-48 Days

$120,000

+$37.3K More

$45/SqFt

-$27 Less

KEY TAKEAWAY

This property is $37.3K more than the Median Sold Price and $27/SqFt less than other homes in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MiRealSource
  • MLS Number: #50144712

Listing Office:

  • Office Name: Fortuna and Associates Real Estate Services
  • Office Phone: (586) 615-2868
  • Listing Agent: Joseph Fortuna

IDX Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. Copyright MiRealSource.

The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 6/9/2024, 3:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,601$10,900
2020$1,046$13,100
2018$1,046$8,400
2017$1,042$8,000

History based on county public records data.

Payment Calculator

$666

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$426

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2983367
2
/10

  • Henry Ford Academy:School For Creative Studies-Ele

  • 10225 3rd St

  • 1.95 miles

  • Public Charter Grades KG-5

school-card-donut-2983368
1
/10

  • University Preparatory Academy (PSAD) Elementary School

  • 957 Holden St

  • 2.10 miles

  • Public Charter Grades KG-5

school-card-donut-2983369
2
/10

  • University Preparatory Academy (Psad) Elementary School

  • 435 Amsterdam St

  • 2.29 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $14,740. Most Detroit, MI residents have annual incomes less than $35k. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48204›4019 Carter St

This home is located at 4019 Carter St in Detroit, MI and zip code 48204 in the Rosa Parks neighborhood. This 2,674 square foot home, which was built in 1919, sits on a 0.09 acre lot. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 08, 2024 and is currently priced at $120,000.

While more than 116 listings in Detroit, MI in May 2024 were sold above asking price, there were more than 71 listings sold at asking price, and more than 246 were sold below. The number of listings in Detroit, MI increased by 9.9% between April 2024 and May 2024. In May 2024, listings were on the market for 49 days. During the same period, the median list price in this real estate market was $82,639.

From Rocket Homes Real Estate and based on county public records data.

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