$1,663 Closing Credit¹
#20240054162, Milton G Owens-Crawford, Listing Office: Reach Realty Group
$140,000 List price
9120 Lanco Ave Detroit, MI 48204
$1,663
Closing credit¹
2 full
2,083 sqft
0.10 acres
$67 / sqft
Multi-Family
Property details
About 9120 Lanco Ave
This multi-family property presents a prime investment opportunity with an excellent cap rate. Each unit offers 2 bedrooms and 1 full bathroom, providing tenants with comfortable and functional living spaces. Conveniently located near key amenities and public transportation, this property has strong potential for long-term returns. This is an opportunity you won’t want to miss to expand and strengthen your investment portfolio.
Highlights
Home typeMulti Family
HeatingForced Air, Natural Gas
StatusActive
Size2,083 sqft
BasementYes
Lot size0.1 Acres
Year built1931
ParkingGarage
MLS #20250006649
Summary
- MLS Number: 20250006649
- MLS Name: Realcomp II Ltd
- Office Name: Keller Williams Legacy
- Office Phone: (313) 752-0000
- Listing Agent: Robert Neely
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: 3/10/2025, 5:14:42 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$140,000
9120 Lanco Ave
$1,663
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
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Nearby schools
2
Barton Elementary School
Public District KG-5
0.3 mi
•8530 Joy Rd
5
McDonald Elementary School
Public District PK-5
1.0 mi
•10151 Diversey St
2
Riverside Academy
Public Charter KG-5
1.3 mi
•7124 Miller 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 $27,059. The most common annual income of people living in Detroit, MI is less than $<35k. Most families are single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
55%
<35k
41%
35k-100k
3%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
64%
Single, No Kids
20%
Single, with Kids
10%
Married, No Kids
6%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
10%
12-17 yrs old
19%
18-34 yrs old
42%
35-64 yrs old
18%
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
Foot Locker
H&M
Where do the neighbors go to eat?
White Castle
Little Caesars
Boston Market
What do the neighbors drive?
Kia
Dodge
Honda
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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This home is located at 9120 Lanco Ave in Detroit, MI and zip code 48204 in the Mackenzie neighborhood. This 2,083 square foot home, which was built in 1931, sits on a 0.10 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since January 30, 2025 and is currently priced at $140,000.
In February 2025, from all listings sold in Detroit, MI there were more than 68 sold above asking price, over 203 sold below and more than 60 were sold right at the asked price. The number of homes for sale 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.