1625 Lawrence Street

Off Market

1625 Lawrence Street

Detroit MI 48206

2028 sq. ft.

0.09 ac.

Multi-Family

Last sold for $45,000

Ishma Best, last sold this property on 11 October 2022 after -44 days on market.

Overview

This duplex is located directly adjacent to the highly desirable Boston Edison Historic District. TLC needed. Once renovated, each 3 bed / 1 bath flat should rent for $1,200 monthly, the perfect purchase for a home buyer looking for a tenant to pay their mortgage or a savvy investor in search of significant cashflow. Less than 10 minute drive to downtown Detroit, and a 5 minute drive to midtown, this home ownership opportunity is uniquely rare and one to take advantage of. It's your time to own a piece of Detroit's comeback!

Features

2 bathrooms

2028 sq. ft. floor area

0.09 ac. lot size

Multi-Family

Estimated Value

Based on this property and similar multi families sold in Detroit over the last 12 months, the estimated median property value of 1625 Lawrence Street is $110k.

Median value

$110k

Estimated value range

$2.2k - $1m

Median days on market

Estimated value trend

16%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Detroit. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1625 Lawrence Street

2022

Sold

$45,000

11 Oct 2022 by Ishma Best, of PREP Realty

2018

Sold

$5,500

11 Apr 2018 by Nathan Stull, of Prosperous Properties LLC

Happy sellers in Detroit

We have insufficient information to provide an overview of customer satisfaction for Detroit. Viewing the agent profiles, reviews and sales for Detroit can provide insights for this location.

Local market activity for multi families in Detroit

In the last 12 months, 80 multi families similar to 1625 Lawrence Street, have been sold.

This represents a 12% increase in multi families sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Detroit for a market analysis.

Randall Fogelman

at O'Connor Realty Inc

(97 reviews)

Get a market analysis

Erik Hill

at Nika & Co

4.9

(15 reviews)

Get a market analysis

Mark Poloney

at REMAX First | Royal Oak

(3 reviews)

Get a market analysis

Nada Chamoun

at Apex Realty Centers

(17 reviews)

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Detroit

Randall Fogelman

Sellers who recommend Randall Fogelman have praised them for being local expert, supportive, responsive, reliable, clear communication, great negotiation, and patient