Sold for $50,000 on 03/21/25
$50,000
12823 Riad St, Grosse Pointe, MI 48224
3beds
974sqft
Single Family Residence
Built in 1944
5,227.2 Square Feet Lot
$79,900 Zestimate®
$51/sqft
$1,252 Estimated rent
Home value
$79,900
$62,000 - $97,000
$1,252/mo
Zestimate® history
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Owner options
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What's special
**OPPORTUNITY** This 3 bedroom, 1 bathroom brick bungalow is located in the Denby neighborhood, near the border of Harper Woods, and could make an excellent rental property with Section 8 rents as high as $1,300/month OR could be your next fix-n-flip project with ARVs in the 110-125K range! The property features hardwood flooring throughout most of the 1st floor, forced air heating, vinyl windows, PEX plumbing, an updated 100 amp electrical panel with mostly romex wiring, and a 3-tab shingle roof! The property does require some cosmetic updates, but the kitchen and bathroom could be repurposed relatively cheaply and easily if you go the rental route! Perfect for a BRRRR strategy! CASH OR HARD MOENY ONLY, NO SELLER FINANCING.
Zillow last checked: 8 hours ago
Listing updated: August 05, 2025 at 10:15pm
Listed by:
Ryan E Kain 313-277-7777,
RE/MAX Leading Edge,
Samuel Kain 734-751-4468,
RE/MAX Leading Edge
Bought with:
Ryan Lonsway, 6501424498
Real Broker LLC Troy
Source: Realcomp II,MLS#: 20240082675
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Forced Air, Natural Gas
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 974 sqft
- Finished area above ground: 974
Property
Parking
- Parking features: No Garage
Features
- Levels: One and One Half
- Stories: 1
- Entry location: GroundLevelwSteps
- Patio & porch: Porch
- Pool features: None
Lot
- Size: 5,227 sqft
- Dimensions: 42.00 x 122.00
Details
- Parcel number: W21I057661S003
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Basement, Block
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1944
- Major remodel year: 2020
Utilities & green energy
- Electric: Service 100 Amp, Circuit Breakers
- Sewer: Public Sewer, Sewer At Street
- Water: Public, Waterat Street
- Utilities for property: Above Ground Utilities, Cable Available, Underground Utilities
Community & neighborhood
Community
- Community features: Sidewalks
Location
- Region: Grosse Pointe
- Subdivision: HOLTZMAN JOSEPH (ALSO PG 76)
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Warranty Deed
Price history
| Date | Event | Price |
|---|---|---|
| 10/3/2025 | Listing removed | $1,200$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/2/2025 | Listed for rent | $1,200$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/2/2025 | Listing removed | $1,200$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/27/2025 | Price change | $1,200-4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/14/2025 | Listed for rent | $1,250+61.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $25,000 +20.8% |
| 2024 | -- | $20,700 +24% |
| 2023 | -- | $16,700 +22.8% |
Find assessor info on the county website
Neighborhood: Moross-Morang
Nearby schools
GreatSchools rating
- 5/10Carleton Elementary SchoolGrades: PK-5Distance: 0.5 mi
- NAFisher Magnet Upper AcademyGrades: 5-8Distance: 0.6 mi
- 3/10Denby High SchoolGrades: 9-12Distance: 0.4 mi
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$79,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$79,900


