12661 Riad Street, Detroit, MI 48224 (MLS# 26008787)


$85,000
12661 Riad Street
Detroit, MI 48224
MLS# 26008787
808 sqft


12661 Riad Street, Detroit, MI 48224
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Property Description
CALLING ALL INVESTORS- Partially renovated high performing single-family unit that will make the perfect addition to your current or new investment portfolio With current rent comps in the area averaging $1,250/month, and yearly expenses--including taxes and insurance--totaling less than $3,000, this property offers a strong ROI and a healthy cap rate. Located in the quiet and well-maintained PARK DRIVE SUB, this is an opportunity you don't want to miss!

Details
Location Property Info
County: Wayne
Street #: 12661
Street Name: Riad
Suffix: Street
State: MI
Zip Code: 48224
OfficeContract Info
Status: Active
List Price: $85,000
Current Price: $85,000
Listing Date: 2026-03-09
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 0.11
Lot Square Footage: 4792
Lot Dimensions: 40x122
Year Built: 1939
Road Frontage: 40
Garage Y/N: Yes
Garage Spaces: 1
Fireplace: Yes
Total Fireplaces: 1
Income Property: Yes
Total Rooms AG: 4
Total Fin SqFt All Levels: 1458
SqFt Above Grade: 808
Below Grade Finished SqFt: 696
Below Grade Unfinished SqFt: 696
Building Total SqFt: 1458
Main Level Primary: Yes
Stories: 2
School District: Detroit
Association YN: No
Waterfront: No
Tax Info
Tax ID #: 21057663
Taxable Value: 41245
SEV: 51900
For Tax Year: 2025
Seller's Annual Property Tax: 3299
Tax Year: 2025
Spec Assessment & Type: N/a
Access Feat
Accessibility Features: No
Basement Rooms
Total Basement SQFT: 696
Property Features
Laundry Features: Gas Dryer Hookup; Lower Level
Exterior Material: Brick
Substructure: Full
Sewer: Public Sewer
Water: Public
Heat Source: Natural Gas
Heat Type: Forced Air
Parking Features: Detached
Architectural Style: Tri-Level
Driveway: Concrete
Terms Available: Cash; Conventional
Sale Conditions: None

Listing Office: eXp Realty, LLC

Listing Agent: Victor Shauni

Last Updated: April - 09 - 2026

12661 Riad Street, Detroit, MI 48224 - MLS# 26008787

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