$1,389 Closing Credit¹
#81024036119, Sarah Massey, Teressa Mann, Listing Office: Vantage Realty Group, LLC, GPM Real Estate by eXp Realty
$115,000 List price
12716 Riad St Detroit, MI 48224
$1,366
Closing credit¹
3 beds
1 full
974 sqft
0.1 acres
$118 / sqft
House
Property details
About 12716 Riad St
This income-generating property offers $1,200/month in rental income with a reliable tenant already in place. Recently, the unit underwent a turn, ensuring it's in great condition with minimal maintenance needed. Located in a desirable Detroit neighborhood, it’s an ideal, low-maintenance investment with solid returns. The property is well-maintained and conveniently close to local amenities, schools, and transportation. Don’t miss out on this opportunity for consistent cash flow. Property can be sold individually or packaged with the following properties - 5574 Buckingham, 15431 Cruse, and 449 w Evelyn. INTERIOR PHOTOS TAKEN PRIOR TO TENANT OCCUPANCY
Highlights
Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
Size974 sqft
BasementYes
Lot size0.12 Acres
Year built1944
ParkingOne Car Garage, Detached
MLS #20250021458
Garage1 space
Summary
- MLS Number: 20250021458
- MLS Name: Realcomp II Ltd
- Office Name: Rondo Investment LLC
- Office Phone: (313) 521-6666
- Listing Agent: Raphael D Fazzolari
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: 4/9/2025, 10:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$115,000
12716 Riad St
$1,366
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
Nearby schools
1
Carleton Elementary School
Public District PK-5
0.4 mi
•11724 Casino St
1
Fisher Magnet Lower Academy
Public Magnet PK-5
0.9 mi
•15510 E State Fair St
1
Wayne Elementary School
Public District PK-5
1.1 mi
•10633 Courville 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 $30,854. Residents of Detroit, MI typically earn less than $<35k each year. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
54%
<35k
41%
35k-100k
5%
100k-200k
0%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
38%
Single, No Kids
33%
Single, with Kids
12%
Married, No Kids
17%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
20%
<11 yrs old
12%
12-17 yrs old
24%
18-34 yrs old
39%
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
Ross Dress For Less
Where do the neighbors go to eat?
White Castle
Little Caesars
Jack In The Box
What do the neighbors drive?
Kia
Dodge
Nissan
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
Similar homes for sale
$1,271 Closing Credit¹
#20250016246, Maricela Meza, Teresa Meza, Listing Office: Century 21 Curran & Oberski
$1,306 Closing Credit¹
#20240093790, Francys Ramirez, Listing Office: Evernest, LLC
$1,366 Closing Credit¹
#20240092219, Angela Washington, Listing Office: Rondo Investment LLC
$1,484 Closing Credit¹
#81025000962, Edwin Jordan, Kaden Wilson, Listing Office: Monopoly Team Enterprises LLC
$1,306 Closing Credit¹
#81025008643, Michael Weinraub, Listing Office: Vantage Realty Group, LLC
2 days on Rocket
$1,424 Closing Credit¹
#20250023447, Rondre Brooks, Listing Office: New Way Realty Partners
$1,467 Closing Credit¹
#81024060161, Roxana Yeh, Listing Office: 3DX Real Estate, LLC.
Backup offers
$1,484 Closing Credit¹
#20240092041, Laurence Venetico, Jennifer Anthony, Listing Office: Rockpoint Properties LLC
4 days on Rocket
$1,306 Closing Credit¹
#20250023164, Laurence Venetico, Listing Office: Rockpoint Properties LLC
Frequently asked questions
About 12716 Riad St
This home is located at 12716 Riad St in Detroit, MI and zip code 48224 in the Denby neighborhood. This 974 square foot home, which was built in 1944, sits on a 0.12 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 31, 2025 and is currently priced at $115,000.
Detroit, MI housing market in March 2025 saw over 91 listings sold above listed price, more than 81 sold at listed price and over 203 sold below. Between February and March 2025, Detroit, MI real estate market has seen increase in the number of listings by 14.9%. The median list price of listings available in March 2025 was $89,542, while the average time on the real estate market was 51 days.
From Rocket Homes Real Estate and based on county public records data.