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Image 1 - 7433 Penrod Street, Detroit, MI 48228, USA - House for sale
Image 2 - 7433 Penrod Street, Detroit, MI 48228, USA - House for sale
Image 3 - 7433 Penrod Street, Detroit, MI 48228, USA - House for sale
Image 4 - 7433 Penrod Street, Detroit, MI 48228, USA - House for sale
Image 5 - 7433 Penrod Street, Detroit, MI 48228, USA - House for sale
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Image 9 - 7433 Penrod Street, Detroit, MI 48228, USA - House for sale
Home For Sale In Detroit, Michigan
7433 Penrod Street, Detroit, MI 48228, USA

Home For Sale In Detroit, Michigan

house for sale
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Listed: 05/05/24

7433 Penrod Street, Detroit, MI 48228, USA

2 Bed:
1 Bath:
800 Sq Ft Living Area:
Save
Price
$ 69,900
Price:  Increased

About This House

Amazing investment opportunity! This property is an instant cashflow opportunity. Property is Tenant occupied with a Supportive Housing Society at $1000/mo, the entire rent is paid by the organization. Similar to Section 8. Lease began June 2023. Professionally managed rental, tenant plans to stay. Don't miss out on this rare opportunity of guaranteed rental income in Detroit. Property being sold as is. All dimensions are estimated and should be verified. Pictures of home fromBEFOREtenant moved in. Showings only with accepted offer. Property is tenant occupied, please respect their privacy.

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Warrendale Housing & Living

Average sale prices for houses

2 bed
3 bed
Show as List Show as Graph
In April 2024, the asking price for 2 bed houses for sale in/near Warrendale, Detroit, United States averaged $56,749, staying on the same level compared to the previous month.
Median price trends for properties for sale in Warrendale, Detroit, United States as of April 2024.

Household Income

Median household income: $31,283
Number of households: 266,333
The average household income in Detroit, MI grew from $30,344 to $31,283 in the past year. This data is an estimate based upon 266,333 households in Detroit, MI.
The chart below presents how household income is distributed in Detroit, MI in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Detroit, MI compared to median property taxes around the country. The prevalent amount of property taxes in Detroit, MI equals $800-$1,500 , which is less than the national average.