$1,305 Closing Credit¹
#25005873, Megan Taylor, Listing Office: Grant and Main, LLC
$115,000 List price
8661 Penrod St Detroit, MI 48228
$1,366
Closing credit¹
3 beds
1 full
990 sqft
0.10 acres
$116 / sqft
House
Property details
About 8661 Penrod St
Calling all investors! Fully TURNKEY opportunity and a great addition to your investment portfolio! Fully certified by the City of Detroit, rented, meeting all Section 8 standards, and a ROI of 12.02%. Property features a 3 bedroom 1 bathroom, Section 8 tenant on a yearly lease with a rent of $1,182/month ($1,300 starting 06/01/25). Seller has other similar properties for sale. Please submit your offers to ryeh@3dxrealestate.com with POF/Preapproval Letter. Seller and agent are related.
Highlights
Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
Size990 sqft
BasementYes
Lot size0.1 Acres
Year built1947
ParkingDetached
MLS #81024060157
Garage1 space
Summary
- Full Bathrooms: 1
- Basement: Yes
- Total Bedroom Count: 3
- Garage Space: 1 space
- Parking: Detached
- Architectural Style: Bungalow
- Heating: Forced Air, Natural Gas
- List Price: $115,000
- Price/SqFt: $116
- Annual Tax Amount: $878
- Tax Year: 2024
- Directions: W of 39, S of 96.
- Year Built: 1947
- Stories: 2
- Living Area: 990 SqFt
- Lot Size: 0.1 Acres
- MLS Number: 81024060157
- MLS Name: Greater Metropolitan Association of REALTORS
- Office Name: 3DX Real Estate, LLC.
- Office Phone: (888) 304-1447
- Listing Agent: Roxana Yeh
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: 5/1/2025, 8:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$115,000
8661 Penrod St
$1,366
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 18, 2022 | Home Sold | $31,680 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $21,300 | $878 |
| 2023 | $16,700 | $878 |
| 2022 | $14,700 | $1,274 |
| 2021 | $11,200 | $1,274 |
| 2020 | $10,400 | $834 |
| 2018 | $8,700 | $834 |
| 2017 | $8,900 | $858 |
History based on county public records data.
Nearby schools
1
Mann Learning Community
Public District KG-5
1.1 mi
•19625 Elmira St
2
Gardner Elementary School
Public District KG-5
1.5 mi
•6528 Mansfield St
5
Oakman Elementary School
Public District PK-5
1.8 mi
•7545 Chase 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 $35,138. Most Detroit, MI residents have annual incomes less than $<35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
50%
<35k
44%
35k-100k
6%
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?
44%
Single, No Kids
34%
Single, with Kids
11%
Married, No Kids
11%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
23%
<11 yrs old
12%
12-17 yrs old
25%
18-34 yrs old
34%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
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 8661 Penrod St
The listing price of 8661 Penrod St property is $115,000.
The property 8661 Penrod St is a house located in Detroit, Michigan, 48228.
Active Listing: 8661 Penrod St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 8661 Penrod St are: Mann Learning Community (GreatSchools Rating 1/10), Gardner Elementary School (GreatSchools Rating 2/10), Oakman Elementary School (GreatSchools Rating 5/10), Warrendale Charter Academy (GreatSchools Rating 2/10), Detroit Premier Academy (GreatSchools Rating 2/10), Detroit Innovation Academy (GreatSchools Rating 2/10), Cody High School (GreatSchools Rating 1/10), Way Academy Chicago Site (GreatSchools Rating 1/10), Clara B Ford Academy Seventy-Day Adventist (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $878 (source: MLS/based on county public records data).
The last sale was on May 18, 2022 for $31,680 (source: MLS/tax record).
The property at 8661 Penrod St has 3 bedrooms and 1 bathroom.
The property 8661 Penrod St is 990 SqFt (source: MLS/tax record).
The year of construction for 8661 Penrod St is 1947.
This home is located at 8661 Penrod St in Detroit, MI and zip code 48228 in the West Central neighborhood. This 990 square foot home, which was built in 1947, sits on a 0.10 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 20, 2024 and is currently priced at $115,000.
Over 91 listings were sold over their listed price in March 2025 in Detroit, MI. In the same period over 203 listings were sold below the listed price and 81 listings were sold for the listed price. In March 2025 in Detroit, MI there were 14.9% more homes for sale than in February. Listings spent 51 days on the market in March 2025, and had a median list price of $89,542 during the same period.
From Rocket Homes Real Estate and based on county public records data.