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7
Photos
15237 E State Fair St, Detroit, MI 48205
$50,000 Asking Price
$---/mo Est. Payment Get Prequalified »
2
beds
1
bath
608
sqft
Built in
1948
Located at 15237 E State Fair in Detroit, this charming 2-bedroom white bungalow is a perfect investment opportunity with a tenant already in place, providing $1,100/month in rental income. The property is well-maintained, requires minimal work, and offers a functional layout with plenty of natural light. Situated in a convenient location near schools, shopping, and public transportation, this home is ideal for investors seeking a hassle-free, income-generating property. Don’t miss out on this chance to expand your portfolio with immediate returns!
Features & Amenities
Interior
- Heating:
- Natural Gas, Forced Air
Exterior
- General:
- Aluminum
- Style:
- Bungalow
Construction
- General:
- 2 Story, Slab
Location
- Road/Access:
- Paved Street
- Originating MLS:
- RealComp
- School District:
- Detroit City School District
- County:
- Wayne
Lot
- Zoning:
- Property exempt from Ad Valorem taxes and assessed on the Special Act Roll pursuant to PA 261 of 2003 expiring 12/30/2026. N STATE FAIR E 234 ED DE GRANDCHAMP GRATIOT FARM SUB L40 P18 PLATS, WCR 21/803 35 X 136, W21I024512S
Utilities
- Water:
- Public Water
- Sewer:
- Public Sanitary
Financial
- Source:
- RealComp
This listing courtesy of:
EXP Realty LLC, Andre Wadley Jr
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Detroit, MI
Housing
- Number of Units
- 292,561
- Median Home Value
- $70,234
- Median Rent
- $679
53.65% of housing units are renter occupied.
18.25% are vacant.
Commute
- Car
-
71.17%
- Public Transportation
-
5.99%
- Walk to Work
-
3.15%
- Work from Home
-
17.73%
- Other
-
1.42%
The median travel time to work is 23 minutes.
People
- Population
- 593,210
- Median Age
- 36.40
- Median Household Size
- 2.38
Education
- High School
-
33.32%
- Associate’s Degree
-
7.33%
- Bachelor’s Degree
-
9.43%
- Graduate Degree
-
6.96%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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