#20250008111, Danny Peterson, Listing office: EXP Realty Main
Property details
About 12081 Stout St
Discover the potential of this investment opportunity at 12081 Stout St, Detroit, MI. This "as-is" property presents a unique chance for investors looking to expand their rental portfolio and generate passive income. Situated in a neighborhood poised for growth, the home offers significant promise for those with a vision and the willingness to undertake renovations. Understanding the demands of transforming "as-is" homes into profitable rental properties will enable investors to maximize the opportunity this address provides. With the growing interest in Detroit's real estate market, this property stands as a promising project for those with the intent to create a stable and lucrative rental income stream. Property Sold "AS-IS". ALL DATA AND MEASUREMENTS ARE APPROXIMATE AND DEEMED RELIABLE BUT NOT GUARANTEED. BUYER/BUYER AGENT TO VERIFY ALL INFORMATION PROVIDED. A MICHIGAN LISENCED REAL ESTATE AGENT IS TO BE PRESENT AT ALL SHOWINGS.
Highlights
Summary
- Full Bathrooms: 1
- Basement: Yes
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Attached Garage: No
- Parking: Two Car Garage, Detached
- Architectural Style: Bungalow
- Heating: Forced Air, Natural Gas
- List Price: $79,999
- Price/SqFt: $94
- Annual Tax Amount: $1,248
- Tax Year: 2024
- Directions: NORTH OF PLYMOUTH WEST OF EVERGREEN
- Year Built: 1946
- Living Area: 846 SqFt
- Lot Size: 0.12 Acres
- MLS Number: 20251012243
- MLS Name: Realcomp II Ltd
- Office Name: RE/MAX Leading Edge
- Office Phone: (313) 277-7777
- Listing Agent: Ali Karkaba
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
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IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
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Last updated on: 7/7/2025, 6:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
Date | Event | Price |
---|---|---|
Sep 06, 2019 | Home Sold | $30,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $25,600 | $1,248 |
2023 | $19,500 | $1,248 |
2022 | $15,800 | $678 |
2021 | $12,200 | $678 |
2020 | $11,400 | $1,032 |
2018 | $9,800 | $1,032 |
2017 | $9,900 | $1,027 |
History based on county public records data.
Nearby schools
1
Mann Learning Community
Public District KG-5
0.5 mi
•19625 Elmira St
1
Global Heights Academy
Public Charter PK-5
2.0 mi
•23713 Joy Rd
3
Edison Elementary School
Public District PK-5
2.1 mi
•17045 Grand River Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $26,053. The majority of Detroit, MI residents have income less than $<35k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.
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Frequently asked questions
About 12081 Stout St
The listing price of 12081 Stout St property is $79,999.
The property 12081 Stout St is a house located in Detroit, Michigan, 48228.
Active Listing: 12081 Stout St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 12081 Stout St are: Mann Learning Community (GreatSchools Rating 1/10), Global Heights Academy (GreatSchools Rating 1/10), Edison Elementary School (GreatSchools Rating 3/10), Detroit Innovation Academy (GreatSchools Rating 2/10), Gompers Elementary-Middle School (GreatSchools Rating 1/10), Dixon Educational Learning Academy (GreatSchools Rating 1/10), Detroit Community Schools High School (GreatSchools Rating 2/10), Way Academy Chicago Site (GreatSchools Rating 1/10), Cody High School (GreatSchools Rating 1/10).
According to the records, the last property tax for 2024 is $1,248 (source: MLS/based on county public records data).
The last sale was on September 6, 2019 for $30,000 (source: MLS/tax record).
The property at 12081 Stout St has 3 bedrooms and 1 bathroom.
The property 12081 Stout St is 846 SqFt (source: MLS/tax record).
The year of construction for 12081 Stout St is 1946.
This home is located at 12081 Stout St in Detroit, MI and zip code 48228 in the West Central neighborhood. This 846 square foot home, which was built in 1946, sits on a 0.12 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since June 26, 2025 and is currently priced at $79,999.
In June 2025 more than 79 listings in Detroit, MI were sold above the asking price. During the same period more than 74 listings were sold at asking price, while more than 144 were sold below. The number of listings in Detroit, MI increased by 16.7% between May and June 2025. Listings spent 45 days on the market in June 2025, and had a median list price of $92,746 during the same period.