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Price: $36,000 8101 Molena St, Detroit MI 48234 MLS® #: 218118615

  • 4 Beds
  • 1 Bath
  • 864 SqFt
  • $41.67 / SqFt
  • Year Built: 1937

Description of 8101 Molena St, Detroit

Turn-Key Tenant Occupied Property! Prices in the City are on the Rise and investors are jumping on the investment opportunities! This is your chance to own a Well Maintained, cash-flowing property with well established tenants. This home is part of a 3 home package of income generating tenant-occupied rentals homes in the City of Detroit for a total offering price of $110,000. We have a 9 similar 3 home packages for a total of 27 homes . Just mention you want to buy more and we will be happy to provide you with a list. Homes will be sold as- is via Warranty Deed with no liens or past due taxes. PLEASE DO NOT APPROACH TENANTS!!! INSPECTIONS WILL TAKE PLACE FOLLOWING OFFER ACCEPTANCE. THREE HOME PACKAGE. PRICE WILL BE HIGHER IF SOLD INDIVIDUALLY.

About this Property

This 4 bedroom home is located in the Breitmeyer Bros (plats) neighborhood at 8101 Molena St, Detroit Mi 48234. This $36,000 property has approximately 864 square feet and was built in 1937. This home is located in the Detroit school district. Properties located in the Detroit district have an average price per square foot of $43/SqFt. Houses with similar square footage range in price from $4,995 to $70,000 and have an average price per square foot of $38/SqFt. The average priced home in 48234 with 4 bedrooms is $48,713. Depending on where you live in Detroit your children and/or teenagers may go to the Detroit school district, Lincoln Consolidated school district, or Hamtramck school district. 8101 Molena St has property taxes in the amount of $534, which are assessed as non-homestead because the home is considered a second home for the owner and/or not occupied by the primary owner. The property taxes will be lowered if you purchase this property, occupy it as your primary residence and file the homestead exemption form.

Your Buyer Specialist, MARK Z

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Stats for Zipcode 48234 for last 4 Months

Average Listing Price Average $/sqft Average $/sqft Sold Average Listing/Sale ratio Number of Sold Homes
$88,909.05 $43.50 $16.58 349.59% 64

Essential Information


  • HeatingForced Air
  • Fuel TypeGas
  • FoundationBasement
  • Basement DescriptionUnfinished

Tax Description

N MOLENA 27 BREITMEYER BROS SUB L62 P51 PLATS, W C R 17/538 34 X 138.54A

Square Footage

  • Square Footage SourcePRD
  • Above Ground Finished864
  • Total Finished864

Community Information


  • ExteriorBrick
  • SewerSewer-Sanitary
  • Water SourceMunicipal Water

Floor Plan

  • Master Bedroom 12 x 10 Entry
  • Bedroom 211 x 10 Upper
  • Bedroom 39 x 9 Upper
  • Bedroom 49 x 9 Upper
  • Kitchen10 x 10 Entry

School Information

Lot Information

  • Lot Dimensions34.00X138.50
  • Front Footage34
  • Acres0.11

Additional Information

  • Assessment240
  • HomesteadNo
  • Land ContractNo
  • Road FrontPaved, Pub. Sidewalk
  • OwnershipPrivate - Owned
  • Home WarrantyNO

Parking Information

Listing Office

The Signature Group Realty, LLC

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