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Image 1 - 11240 Glenfield St, Detroit, Michigan, 48213 - House for sale

Image 2 - 11240 Glenfield St, Detroit, Michigan, 48213 - House for sale

Image 3 - 11240 Glenfield St, Detroit, Michigan, 48213 - House for sale

Image 4 - 11240 Glenfield St, Detroit, Michigan, 48213 - House for sale

Image 5 - 11240 Glenfield St, Detroit, Michigan, 48213 - House for sale

Image 6 - 11240 Glenfield St, Detroit, Michigan, 48213 - House for sale

Image 7 - 11240 Glenfield St, Detroit, Michigan, 48213 - House for sale

Image 8 - 11240 Glenfield St, Detroit, Michigan, 48213 - House for sale

Glenfield St, Detroit, Home For Sale

11240 Glenfield St, Detroit, Michigan, 48213

Glenfield St, Detroit, Home For Sale

house for sale

Listed: 08/21/24

11240 Glenfield St, Detroit, Michigan, 48213

4 Bed:

2 Bath:

1,856 Sq Ft Living Area:

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Price

$ 110,000

Price: Lower

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About This House

Check out this fantastic cash flowing investment property at 11238 Glenfield. A spacious side-by-side duplex offering1, 856sq ft, with two units each featuring 2 bedrooms, 1 full bath, and separated basements and utilities. Both units are occupied with one long term section 8 tenant and one cash tenant. This provides a strong rent ratio right out the door but offers a value add opportunity with market rents at 900 to 1000 per unit. The property was recently certified with the city of Detroit so the CoC is good until 2027! Professionally managed and ready for a new investor to add to their portfolio. Located in the Gratiot-Findlay neighborhood north of Outer Drive and west of Gratiot and near the City Airport as well as 7 minutes to downtown.

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Wade Housing & Living

Average sale prices for houses

2 bed

3 bed

4+ bed

Show as List Show as Graph

Month	Median Price
Aug 2024	$163,241 (+2.1%)
Jul 2024	$159,834 (-10.7%)
Jun 2024	$178,982 (+9.6%)
May 2024	$163,369 (+14.5%)
Apr 2024	$142,730 (0%)
Mar 2024	$142,730 (0%)

In August 2024, the asking price for 4 bed houses for sale in/near Wade, Detroit, United States averaged $163,241, an increase of 2.1% from the previous month.

Median price trends for properties for sale in Wade, Detroit, United States as of August 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.

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