MI > Wayne > Detroit > 7345 Penrod Street
  • 2 Bedrooms
  • 1 Full Bath
  • 800 SqFt
  • MLS# 20250010414
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248-304-6700

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Amazing investment opportunity! This property is an instant cashflow opportunity. Property is TENANT OCCUPIED with a Supportive Housing Society at $1050/mo, the entire rent is paid by the organization. Similar to Section 8. Lease began June 2023, rent increased as of June 2024. Professionally managed rental, tenant plans to stay. Don't miss out on this rare opportunity of guaranteed rental income in Detroit. Property being sold as is. All dimensions are estimated and should be verified. Pictures of home from BEFORE tenant moved in. **Showings only with accepted offer. Property is tenant occupied, please respect their privacy.**

Property Information

Status
Contingency [?]
Address
7345 Penrod Street 
City
Detroit 
Zip
48228 
County
Wayne 
Township
Detroit 
Possession
Subject To Tena 
Property Type
Residential
Listing Date
03/26/2025 
List Price
$69,000
Subdivision
Westhaven (plats) 
Total Finished SqFt
800 
Total Lower SqFt
624 
Above Grade SqFt
800 
Water
Public (Municipal)
Sewer
Public Sewer (Sewer-Sanitary)
Year Built
1939 
Architecture
1 1/2 Story 
Home Style
Bungalow 

School Information

School District
Detroit 

Taxes

Summer Taxes
$1,128 
Winter Taxes
$105 

Rooms and Land

Living
13.00X12.00 1st Floor
Kitchen
14.00X12.00 1st Floor
Bedroom - Primary
11.00X23.00 2nd Floor
Bedroom2
11.00X10.00 1st Floor
Bath2
0X0 1st Floor
Basement
Unfinished 
Heating
Forced Air, Natural Gas 
Acreage
0.12 
Lot Dimensions
40.00 x 138.00 

Features

Exterior Materials
Brick, Vinyl 

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  • Market Statistics
  • Property History
  • Schools Information
  • Local Business
Market Statistics
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
20250010414 Contingency Active Apr 21 2025 1:13PM 26
20250010414 Active Mar 26 2025 2:14AM $69,000 26
20230104831 Expired Active Jul 1 2024 2:16AM 62
20230104831 Active Contingency Jun 6 2024 2:14AM 62
20230104831 Contingency Active May 17 2024 1:37PM 62
20230104831 Active Contingency May 2 2024 7:05PM 62
20230104831 Contingency Active Apr 16 2024 11:09AM 62
20230104831 Active Contingency Apr 3 2024 2:13AM 62
20230104831 Contingency Active Mar 13 2024 8:37PM 62
20230104831 Active Mar 3 2024 4:05PM $69,900 62
20230067501 Expired Active Dec 12 2023 6:05PM 92
20230067501 Oct 19 2023 10:05PM $69,900 $73,000 92
20230067501 Sep 8 2023 6:36PM $73,000 $75,000 92
20230067501 Active Aug 26 2023 4:36PM $75,000 92
219062434 Sold Pending Dec 12 2019 1:14PM $48,000 124
219062434 Pending Active Nov 20 2019 10:06AM 124
219062434 Aug 16 2019 6:49PM $60,000 $54,999 124
219062434 Jul 30 2019 12:07PM $54,999 $60,000 124
219062434 Active Jun 26 2019 12:38PM $60,000 124
School Information
Local Business

Learn More About This Listing

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-304-6700

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

By proceeding, you consent to receive calls, emails, and texts from Real Estate One and others about your inquiry and other home-related matters, but not as a condition of any purchase. To opt-out, you can reply 'stop' to texts or click the unsubscribe link in the emails. Msg/data rates may apply. View Privacy Policy.

Listing Broker

MIRC Logo

Listing Courtesy of Home Source Realty Llc
(313) 384-5731
Office Address 11831 Conant St

7345 Penrod Street Detroit
Contact us
$69,000
For Sale • Bed: 2 • Bath: 1/0