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Sold for $191,000 on 01/19/24
  • $191,000

    3509 Concord St, Detroit, MI 48207

    8beds
    2,706sqft
    Multi Family
    Built in 1916
    -- sqft lot
    $212,000 Zestimate®
    $71/sqft
    $2,141 Estimated rent

    Home value

    $212,000

    $182,000 - $244,000

    $2,141/mo

    Zestimate® history
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    What's special

    MULTIPLE OFFER SITUATION. HIGHEST AND BEST BY MONDAY AT NOON. REDEVELOPMENT OPPORTUNITY! LOCATED 4 MINUTES FROM INFAMOUS INDIAN VILLAGE YOU WILL FIND 3509 CONCORD NESTLED ON A 4,312 SQUARE FOOT LOT IN THE QUIET "ISLANDVIEW" NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL BOAST FOUR 2 BEDROOM UNITS. SHE HAS BEEN CAREFULLY UPGRADED WITH 4 NEWLY INSTALLED FURNACE AND HOT WATER TANKS. IN ADDITION, THIS HOME DISPLAYS NEWER ELECTRICAL AND COPPER PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. THIS BEAUTY HAS 2 SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF $1166 and $1295 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT FOR A WHOPPING TOTAL OF $2461 PER MONTH. TENANTS PAYS ALL UTILITIES TO GUARANTEE AN ENORMOUS CASH ON CASH RETURN. THIS DIAMOND WILL BE IN A LUCKY OWNER'S FINGERTIPS SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.

    Zillow last checked: 8 hours ago

    Listing updated: August 06, 2025 at 10:30am

    Listed by:

    Marta Kopania 734-301-6553,

    1st Michigan Real Estate

    Bought with:

    Ian Breck, 6501453223

    Clyde Realty LLC

    Source: Realcomp II,MLS#: 20230052797MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Hot Water, Natural Gas
    Features
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 2,706 sqft
    • Finished area above ground: 2,706

    Property

    Features
    • Levels: Two
    • Stories: 2
    • Pool features: None
    Lot
    • Size: 4,356 sqft
    • Dimensions: 43.00 x 100.00
    Details
    • Parcel number: W15I011673S001
    • Zoning description: MultiFamily
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Basement, Block
    Condition
    • New construction: No
    • Year built: 1916

    Utilities & green energy

    • Sewer: Sewer At Street
    • Water: Waterat Street

    Community & neighborhood

    Location
    • Region: Detroit
    • Subdivision: MC LEODS SUB OF N PART OF LOT 7

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    1/19/2024Sold$191,000+0.6%$71/sqft
    Source: Realcomp II #20230052797
    1/19/2024Pending sale$189,900$70/sqft
    Source: Realcomp II #20230052797
    11/9/2023Price change$189,900+0.2%$70/sqft
    Source: Realcomp II #20230052797
    11/6/2023Price change$189,500-0.3%$70/sqft
    Source: Realcomp II #20230052797
    10/31/2023Price change$190,000-2.6%$70/sqft
    Source: Realcomp II #20230052797

    Public tax history

    YearProperty taxesTax assessment
    2024-- $65,500 +62.5%
    2023-- $40,300 +37.1%
    2022-- $29,400 +1%

    Find assessor info on the county website

    Neighborhood: Islandview

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $212,000

    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

    $212,000