#20250021429, Ghazy K Mustapha, Khalil Mustapha, Listing Office: The Signature Group Realty, LLC
7067 Lexington St Detroit, MI 48209
Property details
About 7067 Lexington St
Charming & Updated Multifamily Home – Great Investment Opportunity! Looking for a property that combines comfort, style, and income potential? This beautiful multifamily home is the perfect choice! This property contains two units each with 2 spacious bedrooms both with 2 full bathrooms, convenient and updated for both units. Updated Interior with modern finishes and thoughtful updates throughout. Beautiful foundation strong and well-maintained structure. Buyer can choose to live in or rent. Income potential estimated between $1,200–$1,500 per month per unit! This property is ideal for investors who want to own a property where the City of Detroit is acquiring to build soccer specific-stadium or homeowners looking for rental income with minimal upkeep. Each unit offers ample space and privacy, making it a desirable option for tenants. Don't miss out on this rare find! Come see for yourself!!!
Highlights
Summary
- Full Bathrooms: 2
- Basement: Yes
- Attached Garage: No
- Architectural Style: Townhouse
- Heating: Forced Air
- List Price: $250,000
- Price/SqFt: $111
- Annual Tax Amount: $1,452
- Tax Year: 2024
- Directions: East of Michigan Avenue south of Central Steet
- Year Built: 1920
- Living Area: 2,244 SqFt
- Lot Size: 0.08 Acres
- MLS Number: 20240094213
- MLS Name: Realcomp II Ltd
- Office Name: Downtown Realty
- Office Phone: (313) 466-7253
- Listing Agent: Lawrence Else
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Last updated on: 5/3/2025, 5:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$250,000
7067 Lexington St
$2,969
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Aug 04, 2023 | Home Sold | $25,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $42,400 | $1,452 |
2023 | $33,400 | $1,452 |
2022 | $26,500 | $786 |
2021 | $20,500 | $786 |
2020 | $21,500 | $1,272 |
2018 | $15,800 | $1,272 |
2017 | $14,400 | $1,268 |
History based on county public records data.
Nearby schools
1
Roberto Clemente Learning Academy
Public District PK-5
0.3 mi
•1551 Beard St
2
Harms Elementary School
Public District PK-5
0.8 mi
•2400 Central St
2
Bennett Elementary School
Public District PK-5
0.9 mi
•2111 Mullane 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 $47,976. Residents of Detroit, MI typically earn between $35k-100k each year. The most common type of family is married, with kids. Residents of this area typically have high school diploma education.
Similar homes for sale
This home is located at 7067 Lexington St in Detroit, MI and zip code 48209 in the Near West neighborhood. This 2,244 square foot home, which was built in 1920, sits on a 0.08 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since December 30, 2024 and is currently priced at $250,000.
While more than 93 listings in Detroit, MI in April 2025 were sold above asking price, there were more than 85 listings sold at asking price, and more than 216 were sold below. Between March and April 2025, Detroit, MI real estate market has seen increase in the number of listings by 13.4%. Listings spent 47 days on the market in April 2025, and had a median list price of $90,000 during the same period.