$55,000

9611 Otsego St Detroit, MI 48204

$653
Closing credit¹
0.1 acres
Multi-Family

Property details

About 9611 Otsego St

Seize this incredible investment opportunity with a multifamily property located in a highly desirable suburb of Detroit. This great income-producing property is priced to sell and offers substantial returns on investment. Key Features: Location: Situated in a good suburb of Detroit, providing a prime location for tenants seeking suburban living with easy access to the city's amenities. Income-Producing: This multifamily property is designed to generate consistent rental income, making it an ideal addition to your investment portfolio. Affordable Pricing: Priced at a low cost, this property offers significant value and potential for appreciation. Land Bank Terms: Subject to land bank terms, providing a unique investment opportunity with potential incentives and benefits.

Highlights

Home typeMulti Family
HeatingForced Air
StatusActive
BasementYes
Lot size0.13 Acres
Year builtNew Const., 1923
MLS #24034695

Summary

  • MLS Number: 24034695
  • Office Name: Detroit Metro Realty
  • Office Phone: (313) 488-5585
  • Office Email: teamifezue@gmail.com
  • Listing Agent: Kingsley Ifezue

Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2025 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/15/2025, 12:50:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of side of home with a balcony

$55,000

9611 Otsego St

$653

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

YearAssessmentProperty Tax
2024$500$-
2023$500$-
2022$500$-

History based on county public records data.

Nearby schools

2

Barton Elementary School

Public District KG-5

1.7 mi

8530 Joy Rd

2

University Preparatory Art Design Elementary School

Public Charter KG-5

2.0 mi

10225 3rd St

5

McDonald Elementary School

Public District PK-5

2.3 mi

10151 Diversey St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $22,768. Residents of Detroit, MI typically earn less than $<35k each year. 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?

71%
<35k
25%
35k-100k
4%
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?

69%
Single, No Kids
20%
Single, with Kids
8%
Married, No Kids
3%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
6%
12-17 yrs old
20%
18-34 yrs old
41%
35-64 yrs old
20%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • BurlingtonBurlington
  • H&MH&M
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Boston MarketBoston Market
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • KiaKia
  • HondaHonda
  • DodgeDodge

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 9611 Otsego St in Detroit, MI and zip code 48204 in the Winterhalter neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since July 9, 2024 and is currently priced at $55,000.

Detroit, MI housing market in March 2025 saw over 91 listings sold above listed price, more than 81 sold at listed price and over 203 sold below. The inventory of homes for sale in Detroit, MI between February and March 2025 increased by 14.9%. In March 2025 median list price was $89,542 and the average listing age was 51 days.

From Rocket Homes Real Estate and based on county public records data.

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