$1,543 Closing Credit¹
#24056239, Alana Paap, Listing Office: Investor's Prop Mgmt Detroit
$1,176
closing credit¹
551 Algonquin St Detroit, MI 48215
$99,000 List price
$1,176
Closing credit¹
2 beds
1 full
960 sqft
0.08 acres
$103 / sqft
House
Property details
About 551 Algonquin St
This craftsman-style home presents a great fixer-upper opportunity in Jefferson Chalmers with value adds like the two adjacent side lots, which are perfect for an urban garden or new structure. Currently set up for single-floor living with two bedrooms and one bath all on the main level, the home also offers a partially framed walk-up attic ready to be converted into additional bedrooms or living space, adding value and square footage. Hardwood floors throughout, a fantastic brick fireplace, and a charming kitchen with a ceramic farmhouse-style sink and ample space for cooking. Updates include; Sewer line completely replaced in 2019, roof 2018 and new HVAC in 2021. Only five minutes to Alfred Brush Ford Park, which is undergoing a $9M development, including new Community Center, walking paths, tennis and pickle ball courts, basketball courts, playgrounds, beach, arboretum and more. Plus new developments underway at the Jefferson Chalmers Historic Business District. Five short minutes to Coriander Kitchen and Farm, Yellow Light Coffee & Donuts, and the Eastside Canine to Five.
Highlights
Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
Size960 sqft
BasementYes
Lot size0.08 Acres
Year built1917
ParkingOneCarGarage, Detached
MLS #20240065271
Garage1 space
Summary
- MLS Number: 20240065271
- MLS Name: Realcomp II Ltd
- Office Name: OConnor Realty Detroit, LLC
- Office Phone: (313) 963-9891
- Listing Agent: Daniel Ericksen
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: 2/12/2025, 4:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$99,000
551 Algonquin St
$1,176
closing credit¹
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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 | $10,200 | $618 |
| 2023 | $7,505 | $618 |
| 2022 | $7,400 | $329 |
| 2021 | $5,355 | $329 |
| 2020 | $6,000 | $594 |
| 2018 | $4,100 | $594 |
History based on county public records data.
Nearby schools
6
George Defer Elementary School
Public District KG-5
1.6 mi
•15425 Kercheval Ave
1
Marvin L Winans Academy Elementary School
Public Charter KG-5
3.5 mi
•9740 McKinney St
1
Wayne Elementary School
Public District PK-5
3.6 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 $20,991. Residents of Detroit, MI typically earn less than $<35k each year. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
68%
<35k
25%
35k-100k
6%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
42%
Single, No Kids
32%
Single, with Kids
16%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
20%
<11 yrs old
9%
12-17 yrs old
22%
18-34 yrs old
38%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
Burlington
H&M
Foot Locker
Where do the neighbors go to eat?
White Castle
Boston Market
Little Caesars
What do the neighbors drive?
Kia
Honda
Dodge
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 551 Algonquin St
This home is located at 551 Algonquin St in Detroit, MI and zip code 48215 in the Lower East neighborhood. This 960 square foot home, which was built in 1917, sits on a 0.08 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 3, 2024 and is currently priced at $99,000.
In January 2025 more than 76 listings in Detroit, MI were sold above the asking price. During the same period more than 63 listings were sold at asking price, while more than 192 were sold below. In January 2025 in Detroit, MI there were 8.7% more homes for sale than in December. While the average time on the market in January 2025 was 58 days, the median list price was $87,445.
From Rocket Homes Real Estate and based on county public records data.