Price:$114,000|Beds: 3|Baths: 1|Area: 990 sq ft

Info
Value
Expenses
History
Schools

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Overview

The home at 8661 Penrod St Detroit, MI. 48228
has 1 bathrooms 990 square feet of living space. It sits on 4356 square feet of land. And its legal description is

W PENROD 294 E 9 FT OF VAC ALLEY ADJ MONDALE PARK SUB L41 P15 PLATS, W C R 22/261 35 X 139
County Registrar of Deeds Public Record

This building may also appear as:

8661 Penrod St

8661 Penrod St Detroit, MI. 48228-3134

calling all investors! Fully turnkey opportunity and a great addition to your investment portfolio! Fully certified by the city of detroit, rented, meeting all section 8 standards, and a roi of 12.02%. Property features a 3 bedroom 1 bathroom, section 8 tenant on a yearly lease with a rent of $1,182/month ($1,300 starting 06/01/25). Seller has other similar properties for sale. Please submit your offers to [email protected] with pof/preapproval letter. Seller and agent are related.

More Information

MLS Number: 81024060157
Price: $114,000.00
Listing Start Date: 07/15/2025
Current MLS Status: Active
Status Date: 07/15/2025
Original Listing Price:
Year Built: 1947
Square Footage: 990
Price per SqFt: $115.15
Bedrooms: 3
Full Bathrooms: 1
Half Bathrooms: 0
Total Tax: $1,855
Has Basement: Yes
Down Payment Assistance: Call us for resources

Public Record Information

Estimated Value: $29,855
Square Footage: 990
Lot Area: 0.10 acres (4,356 sqft)
Price per SqFt: $30.00
Year Built: 1947
Bedrooms: n/a
Full Bathrooms: 1
Taxes (from public record): $878
Approx. Loan Amount: $0
Zoning: R1
Build Quality: C+
Floor Types:
Amenities:
Heating Types: Forced Air Unit
Exterior Wall Types: Shingle
Architecture Type: Other
Parking Size: 1
Legal Description: W PENROD 294 E 9 FT OF VAC ALLEY ADJ MONDALE PARK SUB L41 P15 PLATS, W C R 22/261 35 X 139
Current APN
(Assessor's Parcel Number): 22078100. (22078100)
Previous APN: 22078100. (22078100.)
General Land Use: Residential
County Land Use: Residential - Improved (401)
Owner City: Southfield, MI
No. of Buildings: 1

Valuation

Estimated Value

$29,855

Range of Comparable Sales

Low: $29,556

High:

$30,153

Exact Location

map of 8661 Penrod Street Detroit, MI 48228

Estimated Monthly Expenses

Total Monthly Cost
Mortgage Payment (Principal and Interest) With a 20% Down Payment	$
Property Tax	$
Hazard Insurance	$
Heat	$
Electric Bill	$

Transaction History

*This data is provided from public record

Sale Date	Sale Price	Arm's-Length
09/08/2023		Yes
05/18/2022	$31,680	Yes
02/29/2012	$3,150	Yes
03/08/2011	$76,677	Yes

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Locations

8661 Penrod Street Detroit, MI 48228