$1,544 Closing Credit¹
#81025000962, Edwin Jordan, Kaden Wilson, Listing Office: Monopoly Team Enterprises LLC
$131,000 List price
12935 Payton St Detroit, MI 48224
$1,556
Closing credit¹
3 beds
2 full
1,636 sqft
0.1 acres
$80 / 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. 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
Size1,636 sqft
BasementYes
Lot size0.11 Acres
Year built1943
ParkingDetached
MLS #81025008595
Garage1 space
Summary
- 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
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: 3/10/2025, 5:14:42 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
$131,000
12935 Payton St
$1,556
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
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. Typical income of Detroit, MI residents is less than $<35k annually. Most families are single, no kids. Typical level of education for residents 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
This home is located at 12935 Payton St in Detroit, MI and zip code 48224 in the Denby neighborhood. This 1,636 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 $131,000.
Detroit, MI housing market in February 2025 saw over 68 listings sold above listed price, more than 60 sold at listed price and over 203 sold below. The inventory of homes for sale in Detroit, MI between January and February 2025 increased by 7%. The median list price of listings available in February 2025 was $88,760, while the average time on the real estate market was 59 days.
From Rocket Homes Real Estate and based on county public records data.