12388 PAYTON Street, Detroit, Michigan 48224

$75,400

Great Deal - This property is priced $9,802 below comparable homes in the area.

Property Details

MLS#: 20261003195
Bedrooms: 3
Bathrooms: 1
Square Feet: 1,866
Price per Sqft: $40
Lot Size: 0.12 acres
Year Built: 1946
Property Type: Residential
Status: Active
Days on Market: 186

Market Analysis

Estimated Value (CMA): $87,702
Area Avg Price/Sqft: $47
This Property: $40/sqft ($7 below area average)
Price Position: -11.0% vs comparable homes
Comparable Properties Analyzed: 1

Description

Investor Special! Recently updated and currently tenant-occupied on a month-to-month lease, this property provides steady rental income—making it an excellent addition to your investment portfolio. Located in a rapidly growing area with strong rental demand, this turn-key home features modern updates and reliable income potential. Whether you’re an experienced investor or just starting to build your portfolio, this is a rare opportunity to secure a cash-flowing asset in a thriving market. Don’t miss out—contact the listing agent today for full details and pricing!

Location

This property is located in Detroit, Michigan. Detroit is part of the Metro Detroit area, offering convenient access to employment, schools, shopping, and recreation.

Frequently Asked Questions

What is the price of 12388 PAYTON Street?

12388 PAYTON Street is listed at $75,400, or $40 per square foot.

How many bedrooms does 12388 PAYTON Street have?

This property has 3 bedrooms and 1 bathrooms, with 1,866 square feet of living space.

Schedule a Showing

Interested in this property? Contact Sonic Realty to schedule a private showing. Our experienced agents can help you navigate the home buying process.

Phone: (313) 466-2430

Email: info@sonicrealty.com

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