$3,194 Closing Credit¹
Ishma Best, Listing Office: Prep Realty
$3,266
closing credit¹
414 Horton St Detroit, MI 48202
$275,000 List price
$3,266
Closing credit¹
3 full
2,581 sqft
0.07 acres
$107 / sqft
Multi-Family
Property details
About 414 Horton St
Lucrative investment opportunity in the North End on Horton Street with a side lot. Former single family home converted to three apartment units. Each unit has rough plumbing, rough electrical, and HVAC completed, along with newer roof and windows. Each unit has two entrances, individual rear decks, and space for mechanicals. Common basement envisioned as shared space for laundry and storage. First floor is a large one bedroom with original brick fireplace in the living room. Second floor is a 2 bedroom apartment. Third floor can be used as one bedroom or studio. Architectural drawings for the project included with the sale and drawings have been approved by city of Detroit. Current market rents have a projected gross monthly income of $5k. Several new construction multifamily and single family buildings on the same street and block. 3 unit multifamily buildings have been built in the neighborhood on the same lot size as the side lot included in the sale. Side lot address is 420 Horton. Truly a premier investment opportunity - location, location, location!
Highlights
Home typeMulti Family
HeatingForced Air, Natural Gas
StatusActive
Size2,581 sqft
BasementYes
Lot size0.07 Acres
Year built1906
MLS #20240062673
Summary
- MLS Number: 20240062673
- MLS Name: Realcomp II Ltd
- Office Name: @properties Christies Intl R.E. Detroit
- Office Phone: (313) 230-0510
- Listing Agent: Gustaf Andreasen
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: 1/30/2025, 8:20:54 PM 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
$275,000
414 Horton St
$3,266
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
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $46,100 | $1,558 |
| 2023 | $33,100 | $1,558 |
| 2022 | $22,500 | $849 |
| 2021 | $15,800 | $849 |
| 2020 | $14,900 | $1,087 |
| 2018 | $9,900 | $1,087 |
| 2017 | $9,600 | $1,082 |
History based on county public records data.
Nearby schools
2
University Preparatory Academy Psad Elementary School
Public Charter KG-5
0.5 mi
•435 Amsterdam St
1
University Preparatory Academy (PSAD) Elementary School
Public Charter KG-5
0.9 mi
•957 Holden 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 $22,545. The most common annual income of people living in Detroit, MI is less than $<35k. Most families are single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
62%
<35k
32%
35k-100k
5%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
67%
Single, No Kids
26%
Single, with Kids
3%
Married, No Kids
4%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
10%
12-17 yrs old
24%
18-34 yrs old
42%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Boston Market
White Castle
Popeyes
What do the neighbors drive?
Honda
Kia
Nissan
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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This home is located at 414 Horton St in Detroit, MI and zip code 48202 in the Midtown neighborhood. This 2,581 square foot home, which was built in 1906, sits on a 0.07 acre lot. Features: 3 bathrooms. It has been listed on Rocket Homes since August 27, 2024 and is currently priced at $275,000.
In December 2024, from all listings sold in Detroit, MI there were more than 91 sold above asking price, over 231 sold below and more than 68 were sold right at the asked price. In December 2024 in Detroit, MI there were 0.2% more homes for sale than in November. In December 2024 median list price was $85,917 and the average listing age was 46 days.
From Rocket Homes Real Estate and based on county public records data.