#81024055461, James Duncanson, Listing Office: Lacuna Group, LLC
2688 Montgomery St Detroit, MI 48206
Property details
About 2688 Montgomery St
Investment Opportunity – High-Return Multi-Family Property! Seize this incredible opportunity to own an almost fully renovated four-family flat, primed for strong returns. This property has already undergone major upgrades, including a new roof, plumbing, electrical, and HVAC systems, along with some modernized bathrooms. What truly sets this property apart is its unbeatable location—situated less than half a block from the sought-after LaSalle Garden neighborhood, Blocks away from Henry Ford Hospital, and so much more new development. This area is sure to be the next upcoming area. With an estimated value of $350,000+ and a projected rental income exceeding $5,000 per month, this is a golden opportunity for savvy investors looking to maximize returns.
Highlights
Summary
- MLS Number: 20250011948
- MLS Name: Realcomp II Ltd
- Office Name: Prestige Realty Services LLC
- Office Phone: (248) 904-1974
- Listing Agent: Enrico J Johnson
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Last updated on: 3/9/2025, 9:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$219,900
2688 Montgomery St
$2,611
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Nov 03, 2023 | Home Sold | $130,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $5,900 | $478 |
2023 | $4,800 | $478 |
2022 | $2,900 | $705 |
2021 | $2,300 | $705 |
2020 | $2,700 | $- |
History based on county public records data.
Nearby schools
1
University Preparatory Academy (PSAD) Elementary School
Public Charter KG-5
1.4 mi
•957 Holden St
2
University Preparatory Academy Psad Elementary School
Public Charter KG-5
1.6 mi
•435 Amsterdam St
2
University Preparatory Art Design Elementary School
Public Charter KG-5
1.6 mi
•10225 3rd 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 $42,125. Typical income of Detroit, MI residents is between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
Similar homes for sale
This home is located at 2688 Montgomery St in Detroit, MI and zip code 48206 in the Rosa Parks neighborhood. This 3,262 square foot home, which was built in 1916, sits on a 0.09 acre lot. Features: 3 bathrooms. It has been listed on Rocket Homes since February 24, 2025 and is currently priced at $219,900.
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 number of homes for sale in Detroit, MI increased by 7% between January and February 2025. While the average time on the market in February 2025 was 59 days, the median list price was $88,760.