#50173815, Corey Dorrough, Listing office: KW Platinum
$145,000 List price
12935 Payton St Detroit, MI 48224
3 beds
2 full
1,030 sqft
0.1 acres
$141 / sqft
House
Property details
About 12935 Payton St
Calling all investors! Fully TURNKEY opportunity and a great addition to your investment portfolio! Rented, meeting all Section 8 standards, and a ROI of 12.03%. Property features a 3 bedroom 2 bathroom, Section 8 tenant on a yearly lease with a rent of $1,500/month ($1,650 starting 08/01/2025). Seller has other similar properties for sale. Please submit your offer to ryeh@3dxrealestate.com with POF/Preapproval Letter. Seller and agent are related.
Highlights
Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
Size1,030 sqft
BasementYes
Lot size0.11 Acres
Year built1943
ParkingDetached
MLS #81025008595
Garage1 space
Summary
- Full Bathrooms: 2
- Basement: Yes
- Total Bedroom Count: 3
- Garage Space: 1 space
- Parking: Detached
- Architectural Style: Bungalow
- Heating: Forced Air, Natural Gas
- List Price: $145,000
- Price/SqFt: $140
- Annual Tax Amount: $1,061
- Tax Year: 2024
- Directions: N of 94, E of 3
- Year Built: 1943
- Stories: 2
- Living Area: 1,030 SqFt
- Lot Size: 0.11 Acres
- MLS Number: 81025008595
- MLS Name: Greater Metropolitan Association of REALTORS
- Office Name: 3DX Real Estate, LLC
- Office Phone: (888) 304-1447
- Listing Agent: Roxana Yeh
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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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/22/2025, 8:45:31 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 |
|---|---|---|
| Jun 17, 2022 | Home Sold | $43,000 |
| Jan 28, 2015 | Home Sold | $21,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $24,800 | $1,061 |
| 2023 | $20,600 | $1,061 |
| 2022 | $17,100 | $574 |
| 2021 | $13,900 | $574 |
| 2020 | $12,900 | $1,009 |
| 2018 | $8,900 | $1,009 |
| 2017 | $9,000 | $1,029 |
History based on county public records data.
Nearby schools
1
Carleton Elementary School
Public District PK-5
0.5 mi
•11724 Casino St
1
Fisher Magnet Lower Academy
Public Magnet PK-5
0.8 mi
•15510 E State Fair St
1
Chandler Park Academy Elementary School
Public Charter PK-5
1.0 mi
•20200 Kelly Rd
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. Most Detroit, MI residents have annual incomes less than $<35k. 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
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Frequently asked questions
About 12935 Payton St
The listing price of 12935 Payton St property is $145,000.
The property 12935 Payton St is a house located in Detroit, Michigan, 48224.
Active Listing: 12935 Payton St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 12935 Payton St are: Carleton Elementary School (GreatSchools Rating 1/10), Fisher Magnet Lower Academy (GreatSchools Rating 1/10), Chandler Park Academy Elementary School (GreatSchools Rating 1/10), Regent Park Scholars Charter Academy (GreatSchools Rating 3/10), Fisher Magnet Upper Academy (GreatSchools Rating 1/10), Brewer 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).
According to the records, the last property tax for 2024 is $1,061 (source: MLS/based on county public records data).
The last sale was on June 17, 2022 for $43,000 (source: MLS/tax record).
The property at 12935 Payton St has 3 bedrooms and 2 bathrooms.
The property 12935 Payton St is 1,030 SqFt (source: MLS/tax record).
The year of construction for 12935 Payton St is 1943.
This home is located at 12935 Payton St in Detroit, MI and zip code 48224 in the Denby neighborhood. This 1,030 square foot home, which was built in 1943, sits on a 0.11 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 9, 2025 and is currently priced at $145,000.
Over 79 listings were sold over their listed price in June 2025 in Detroit, MI. In the same period over 144 listings were sold below the listed price and 74 listings were sold for the listed price. In June 2025 in Detroit, MI there were 16.7% more homes for sale than in May. In June 2025, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $92,746.
From Rocket Homes Real Estate and based on county public records data.