$1,027 Closing Credit¹
#20250008916, Derrick Garland, Listing office: EXP Realty Main
$79,900 List price
12388 Payton St Detroit, MI 48224
$949
Closing credit¹
3 beds
1 full
1,866 sqft
0.1 acres
$43 / sqft
House
Property details
About 12388 Payton St
Investor Special! Recently updated and currently tenant-occupied with reliable rental income, this property offers a fantastic opportunity to expand your investment portfolio. Located in a rapidly growing area with strong rental demand, this turn-key property is part of a 5-property package—each offering similar updates and income potential. Purchase individually or as a bundle to maximize your return. Don’t miss out on this rare chance to secure a cash-flowing asset in a thriving market. Contact the listing agent today for full details and package pricing!
Highlights
Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
Size1,866 sqft
BasementYes
Lot size0.12 Acres
Year built1946
ParkingTwo Car Garage, Detached
MLS #20250019559
Garage2 spaces
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: $79,900
- Price/SqFt: $42
- Annual Tax Amount: $923
- Tax Year: 2024
- Directions: S of MORANGE of OF KELLY
- Year Built: 1946
- Living Area: 1,866 SqFt
- Lot Size: 0.12 Acres
- MLS Number: 20250019559
- MLS Name: Realcomp II Ltd
- Office Name: EXP Realty Plymouth
- Office Phone: (855) 477-7355
- Listing Agent: Justin S Ford
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.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/11/2025, 3:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$79,900
12388 Payton St
$949
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 23, 2021 | Home Sold | $62,700 |
| Jan 12, 2021 | Home Sold | $62,700 |
| Oct 05, 2020 | Home Sold | $46,300 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $30,100 | $923 |
| 2023 | $24,300 | $923 |
| 2022 | $16,100 | $498 |
| 2021 | $13,100 | $498 |
| 2020 | $12,200 | $931 |
| 2018 | $8,000 | $931 |
| 2017 | $11,400 | $1,240 |
History based on county public records data.
Nearby schools
1
Carleton Elementary School
Public District PK-5
0.5 mi
•11724 Casino St
1
Wayne Elementary School
Public District PK-5
0.8 mi
•10633 Courville St
1
Fisher Magnet Lower Academy
Public Magnet PK-5
1.1 mi
•15510 E State Fair St
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 $34,000. Most Detroit, MI residents have annual incomes less than $<35k. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
50%
<35k
44%
35k-100k
5%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
43%
Single, No Kids
36%
Single, with Kids
13%
Married, No Kids
8%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
22%
<11 yrs old
12%
12-17 yrs old
25%
18-34 yrs old
36%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Where do the neighbors shop?
Burlington
Foot Locker
H&M
Where do the neighbors go to eat?
White Castle
Little Caesars
Boston Market
What do the neighbors drive?
Kia
Dodge
Honda
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 12388 Payton St
The listing price of 12388 Payton St property is $79,900.
The property 12388 Payton St is a house located in Detroit, Michigan, 48224.
Active Listing: 12388 Payton St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 12388 Payton St are: Carleton Elementary School (GreatSchools Rating 1/10), Wayne Elementary School (GreatSchools Rating 1/10), Fisher Magnet Lower Academy (GreatSchools Rating 1/10), Brewer Academy (GreatSchools Rating 1/10), Regent Park Scholars Charter Academy (GreatSchools Rating 3/10), Fisher Magnet Upper Academy (GreatSchools Rating 1/10), Denby High School (GreatSchools Rating 2/10), Capstone Academy Charter Schoolmayfield (GreatSchools Rating 1/10), Diploma Success Community School (GreatSchools Rating 1/10).
According to the records, the last property tax for 2024 is $923 (source: MLS/based on county public records data).
The last sale was on December 23, 2021 for $62,700 (source: MLS/tax record).
The property at 12388 Payton St has 3 bedrooms and 1 bathroom.
The property 12388 Payton St is 1,866 SqFt (source: MLS/tax record).
The year of construction for 12388 Payton St is 1946.
This home is located at 12388 Payton St in Detroit, MI and zip code 48224 in the Denby neighborhood. This 1,866 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 March 29, 2025 and is currently priced at $79,900.
While more than 85 listings in Detroit, MI in May 2025 were sold above asking price, there were more than 74 listings sold at asking price, and more than 169 were sold below. The number of listings in Detroit, MI increased by 12.1% between April and May 2025. In May 2025 median list price was $90,022 and the average listing age was 48 days.
From Rocket Homes Real Estate and based on county public records data.