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!
Active
$85,000
12661 Riad St, Grosse Pointe, MI 48224
--beds
--baths
1,458sqft
Est.:
Single Family Residence
Built in 1939
4,791.6 Square Feet Lot
$-- Zestimate®
$58/sqft
$-- HOA
What's special
- 47 days |
- 67 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
Victor Shauni 248-420-5101,
eXp Realty, LLC 888-501-7085,
Bernard Shamow 248-413-9003,
EXP Realty Main
Source: MichRIC,MLS#: 26008787
Tour with a local agent
Facts & features
Interior
Heating
- Forced Air
Appliances
- Laundry: Gas Dryer Hookup, Lower Level
Features
- Basement: Full
- Number of fireplaces: 1
Interior area
- Total structure area: 808
- Total interior livable area: 1,458 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Detached
- Garage spaces: 1
Features
- Stories: 2
Lot
- Size: 4,791.6 Square Feet
- Dimensions: 40 x 122
Details
- Parcel number: 21057663
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick
Condition
- New construction: No
- Year built: 1939
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Services included: Electricity, Water, Trash, Heat
Location
- Region: Grosse Pointe
Financial & listing details
- Price per square foot: $58/sqft
- Tax assessed value: $41,245
- Annual tax amount: $3,299
- Date on market: 3/9/2026
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
$1,390/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/9/2026 | Listed for sale | $85,000+24.1%$58/sqft |
Source:  MichRIC #26008787 Report a problem | ||
| 6/13/2022 | Sold | $68,500+34.3%$47/sqft |
Source: Public Record Report a problem | ||
| 5/4/2022 | Sold | $51,000-63.6%$35/sqft |
Source: Public Record Report a problem | ||
| 11/13/2006 | Sold | $140,000+122.2%$96/sqft |
Source: Public Record Report a problem | ||
| 12/16/2005 | Sold | $63,000$43/sqft |
Source:  MiRealSource #237725 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $46,100 +21% |
| 2024 | -- | $38,100 +28.7% |
| 2023 | -- | $29,600 +23.8% |
| 2022 | -- | $23,900 +7.2% |
| 2021 | -- | $22,300 |
| 2020 | $3,214 | $22,300 |
| 2019 | -- | -- |
| 2018 | -- | -- |
| 2017 | -- | -- |
| 2016 | $3,392 | $23,200 |
| 2015 | $3,392 +5.4% | $23,200 -27.9% |
| 2013 | $3,218 -5.1% | $32,177 -31.8% |
| 2010 | $3,392 | $47,176 -12% |
| 2009 | -- | $53,609 -13.5% |
| 2008 | -- | $61,976 |
| 2007 | -- | $61,976 +5.5% |
| 2005 | $356 | $58,745 +3% |
| 2004 | -- | $57,034 |
Find assessor info on the county website
Monthly payment
Est. payment
$568/mo
Principal & interest
$438
Property taxes
$130
More affordability tools
Climate risks
Neighborhood: Moross-Morang
Nearby schools
GreatSchools rating
- 4/10Carleton Elementary SchoolGrades: PK-5Distance: 0.5 mi
- NAFisher Magnet Upper AcademyGrades: 5-8Distance: 0.6 mi
- 4/10Denby High SchoolGrades: 9-12Distance: 0.3 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Michigan
- Wayne County
- Detroit
- 48224
- Moross-Morang
- 12661 Riad St
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Detroit Topics
