New - 2 hours on Rocket
$653 Closing Credit¹
#20250007652, Alan Davidov, Listing Office: KW Domain
$713
closing credit¹
8611 Stout St Detroit, MI 48228
$60,000 List price
$713
Closing credit¹
2 beds
1 full
693 sqft
0.1 acres
$87 / sqft
House
Property details
About 8611 Stout St
AMAZING 11% CAP RATE***HIGH ROI**WARRENDALE INVESTMENT PROPERTY NEAR DEARBORN** CASH FLOWING INVESTOR SPECIAL** Performing Westside Ranch located on a solid block. Rented for $850 cash to a great tenant. This charming ranch features 2 nice size bedrooms and a full bath. Large living room, kitchen and full basement provides plenty of living space. Home has newer 3D Roof, vinyl windows and detached garage. Property is fenced and private. Terrific opportunity to add a performing rental to your portfolio. Purchaser to pay $495 processing fee to the listing broker at closing. Buyer will receive a clean title, warranty deed, and title insurance!
Highlights
Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
Size693 sqft
BasementYes
Lot size0.12 Acres
Year built1949
ParkingOne Car Garage, Detached
MLS #20240081005
Garage1 space
Summary
- MLS Number: 20240081005
- MLS Name: Realcomp II Ltd
- Office Name: U.S. Investor Group
- Office Phone: (313) 644-0034
- Listing Agent: Al Baydoun, Zena Berri
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: 2/4/2025, 2:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$60,000
8611 Stout St
$713
closing credit¹
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0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 12, 2021 | Home Sold | $55,900 |
| Nov 17, 2015 | Home Sold | $240,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $19,600 | $1,169 |
| 2023 | $17,000 | $1,169 |
| 2022 | $14,800 | $1,703 |
| 2021 | $11,800 | $1,703 |
| 2020 | $10,500 | $914 |
| 2018 | $7,800 | $914 |
| 2017 | $8,000 | $941 |
History based on county public records data.
Nearby schools
1
Mann Learning Community
Public District KG-5
0.9 mi
•19625 Elmira St
6
River Oaks Elementary School
Public District PK-5
1.4 mi
•20755 Ann Arbor Trl
1
Global Heights Academy
Public Charter PK-5
1.6 mi
•23713 Joy 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 $33,000. The majority of Detroit, MI residents have income less than $<35k annually. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
52%
<35k
48%
35k-100k
0%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
46%
Single, No Kids
36%
Single, with Kids
9%
Married, No Kids
9%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
19%
<11 yrs old
12%
12-17 yrs old
27%
18-34 yrs old
36%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Foot Locker
Burlington
Ross Dress For Less
Where do the neighbors go to eat?
Little Caesars
White Castle
Jack In The Box
What do the neighbors drive?
Dodge
Kia
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 8611 Stout St
This home is located at 8611 Stout St in Detroit, MI and zip code 48228 in the West Central neighborhood. This 693 square foot home, which was built in 1949, sits on a 0.12 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $60,000.
Detroit, MI housing market in January 2025 saw over 76 listings sold above listed price, more than 63 sold at listed price and over 192 sold below. The inventory of homes for sale in Detroit, MI between December and January 2025 increased by 8.7%. Listings spent 58 days on the market in January 2025, and had a median list price of $87,445 during the same period.
From Rocket Homes Real Estate and based on county public records data.