$1,366 Closing Credit¹
#81025000962, Edwin Jordan, Kaden Wilson, Listing Office: Monopoly Team Enterprises LLC
$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
- Full Bathrooms: 1
- Basement: Yes
- Total Bedroom Count: 3
- Garage Space: 1 space
- Attached Garage: No
- Parking: One Car Garage, Detached
- Architectural Style: Ranch
- Heating: Forced Air, Natural Gas
- List Price: $115,000
- Price/SqFt: $118
- Directions: Kelly Road & Moross Rd
- Year Built: 1944
- Living Area: 974 SqFt
- Lot Size: 0.12 Acres
- 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: 4/30/2025, 12:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$115,000
12716 Riad St
$1,366
closing credit¹
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Price information
Property sales
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Tax history
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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. The most common annual income of people living in Detroit, MI is less than $<35k. The majority of families are 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
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Frequently asked questions
About 12716 Riad St
The listing price of 12716 Riad St property is $115,000.
The property 12716 Riad St is a house located in Detroit, Michigan, 48224.
Active Listing: 12716 Riad St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 12716 Riad St are: Carleton Elementary School (GreatSchools Rating 1/10), Fisher Magnet Lower Academy (GreatSchools Rating 1/10), Wayne Elementary School (GreatSchools Rating 1/10), Regent Park Scholars Charter Academy (GreatSchools Rating 3/10), Brewer Academy (GreatSchools Rating 1/10), Fisher Magnet Upper Academy (GreatSchools Rating 1/10), Denby High School (GreatSchools Rating 2/10), Diploma Success Community School (GreatSchools Rating 1/10), Capstone Academy Charter Schoolmayfield (GreatSchools Rating 1/10).
The property at 12716 Riad St has 3 bedrooms and 1 bathroom.
The property 12716 Riad St is 974 SqFt (source: MLS/tax record).
The year of construction for 12716 Riad St is 1944.
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.
In March 2025 more than 91 listings in Detroit, MI were sold above the asking price. During the same period more than 81 listings were sold at asking price, while more than 203 were sold below. The number of listings in Detroit, MI increased by 14.9% between February and March 2025. While the average time on the market in March 2025 was 51 days, the median list price was $89,542.
From Rocket Homes Real Estate and based on county public records data.