$1,068 Closing Credit¹
#20240079362, Cyrus Wheeler, Listing Office: Match Realty
$102,000 List price
8661 Penrod St Detroit, MI 48228
$1,211
Closing credit¹
3 beds
1 full
1,584 sqft
0.10 acres
$64 / 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. 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
Size1,584 sqft
BasementYes
Lot size0.1 Acres
Year built1947
ParkingDetached
MLS #81024060157
Garage1 space
Summary
- 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: 3/6/2025, 6:20:55 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
$102,000
8661 Penrod St
$1,211
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. The most common annual income of people living in Detroit, MI is less than $<35k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
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
This home is located at 8661 Penrod St in Detroit, MI and zip code 48228 in the West Central neighborhood. This 1,584 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 $102,000.
Detroit, MI housing market in February 2025 saw over 68 listings sold above listed price, more than 60 sold at listed price and over 203 sold below. The number of listings in Detroit, MI increased by 7% between January and February 2025. Listings spent 59 days on the market in February 2025, and had a median list price of $88,760 during the same period.
From Rocket Homes Real Estate and based on county public records data.