Multifamily Housing
3737 Scovel Place Detroit, MI 48208
Details & Description
Price: $850,000
    20 Unit apartment; 10 large studio units and 10 large 1-bedroom units. 2-storywith basement. Fully renovated with separate meters. 9 units have beenrented as of May 2020. Buyer pays broker.
    Listing Agents
    Chris Monsour

    O: 248-948-0107
    M: 313-363-1010
    cmonsour@signatureassociates.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    3737 Scovel Place

    Detroit, MI 48208

    Listing ID: 225864
    3737 Scovel Place Detroit, MI 48208 | for Sale | Photo 1
    Building Size: 9,260 SF
    Lot Size: --
    Land Size: --
    Building $/SF: $91.79
    Land $/SF:
    Price
    $850,000
    Description

    20 Unit apartment; 10 large studio units and 10 large 1-bedroom units. 2-story

    with basement. Fully renovated with separate meters. 9 units have been

    rented as of May 2020. Buyer pays broker.

    Attachments & Files

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Detroit History of Multifamily Housing for Sale

    Loan and Amortization Calculator

    Listing Price
    Down Payment

    Loan Amount:
    Interest Rate:
    Term (months):

    Your Monthly Payment

    $0.00

    Total Principal: --

    Total Interest: --

    Total Cost: --

    Detroit Area Market Trends

    Listing Demographics for 3737 Scovel Place Detroit, MI 48208

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population9,881139,165343,421
    Population Median Age393635
    Population by Age0-9 Yrs1421 (14%)19699 (14%)50312 (14%)
    10-19 Yrs1136 (11%)19558 (14%)51683 (15%)
    20-29 Yrs1425 (14%)24685 (17%)59058 (17%)
    30-39 Yrs1130 (11%)17718 (12%)43067 (12%)
    40-49 Yrs1123 (11%)15900 (11%)38767 (11%)
    50-59 Yrs1338 (13%)16496 (11%)40016 (11%)
    60-69 Yrs1208 (12%)14134 (10%)32756 (9%)
    70+ Yrs1100 (11%)10975 (7%)27763 (8%)
    Median HH Income$18,957$25,384$28,078
    Total Household Income< 24K2457 (59%)27666 (49%)59003 (45%)
    25-49K802 (19%)14100 (25%)33300 (25%)
    50-74K448 (10%)6639 (11%)16670 (12%)
    75-99K158 (3%)3194 (5%)8504 (6%)
    100-199K221 (5%)3542 (6%)9314 (7%)
    200K+32 (0%)792 (1%)1852 (1%)
    Highest Education LevelNo Diploma13622233853318
    Diploma or GED24702666365167
    Some College14861877445805
    Assoc. Degree378485312150
    Bachelors Degree577852120940
    Higher Degree302596714675
    Total Housing Units8,19684,330180,867
    --Owner-Occupied1,93721,14753,650
    --Renter-Occupied2,18134,78774,993
    Owner-Occupied Values< 100K16871531938055
    100-199K12531069239
    200-299K8614283522
    300-399K235451358
    400-499K5384633
    500K+10365843
    Total Working Age Population7,799108,610262,410
    In Work Force3,59056,464133,824
    Not In Work Force4,20952,145128,586
    Workforce Employed2,96749,000115,599
    Workforce Unemployed6237,46518,164
    Civlian Workforce3,59056,464133,763
    Military Workforce0061
    Total Households4,11955,934128,644
    Family Households1,95725,64365,532
    Non-Family Households2,16230,29163,112
    Married Couple56410,76930,677
    Other Family1,39214,87534,855
    Married w/Child1965,20215,876
    Single Male w/Child751,2662,788
    Single Female w/Child5876,57214,638

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Michigan9,938,444-19,883,640+110,023,423+410,424,510
    Wayne County2,061,162-121,820,584-41,741,463-11,730,000

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 3737 Scovel Place in Detroit?
    The asking price for 3737 Scovel Place is $850,000
    What is the building size of this Multifamily property in Detroit, MI?
    The size of the building/unit at 3737 Scovel Place in Detroit is 9,260 square feet
    What is the population within 1 mile of 3737 Scovel Place in Detroit?
    The population within 1 mile of 3737 Scovel Place Detroit, MI 48208 is 9,881 people.
    Who do I contact for questions about 3737 Scovel Place?
    You should contact the listing agent, Chris Monsour, for any details regarding this commercial listing.

    Other Listings for Sale Nearby

    Address Price Sq Ft Acres
    2267 West Davison Street, Detroit, MI $799,999 25480 1.44
    1250 Library Street, Detroit, MI $14,995,000 30000 -
    1017 - 1114 E Grand Blvd, Detroit, MI $490,000 10000 -
    552 Bellevue Street, Detroit, MI $79,900 2740 0.18
    1400 Van Dyke Street, Detroit, MI $5,995,900 20000 -
    20501 Schaefer Highway, Detroit, MI $929,000 11520 -
    14496 Lakeside Cir, Sterling Heights, MI CALL 28645 3
    1537 Pine Valley Boulevard, Ann Arbor, MI CALL 50000 2.42
    1408 Shadford Road, Ann Arbor, MI CALL 65000 -
    201 North Neeper Street, Capac, MI $625,000 52000 3.8

    Closest Commercial Airports

    Airport Distance (mi)
    Detroit Metropolitan Wayne County Airport (DTW) 16
    Toledo Express Airport (TOL) 64
    Cleveland Hopkins International Airport (CLE) 92