Turnkey investment opportunity in Detroit! 9242 Meyers Rd is a tenant-occupied 3-bedroom, 1-bath bungalow offering immediate cash flow and strong rental potential. Featuring a functional single-family layout with solid investment appeal, this property is ideal for investors looking to add a performing asset to their portfolio. Currently generating income with an estimated 13% cap rate, making this an excellent opportunity for both seasoned and new investors. Conveniently located near major roads, shopping, schools, and local amenities. Tenant occupied — please do not disturb tenant. Showings available with accepted offer or approved access only.
Sold for $110,000
$110,000
9242 Meyers Rd, Detroit, MI 48228
3beds
1,365sqft
Single Family Residence
Built in 1925
4,356 Square Feet Lot
$100,200 Zestimate®
$81/sqft
$1,436 Estimated rent
Home value
$100,200
$91,000 - $109,000
$1,436/mo
Zestimate® history
Owner options
List your home for rent
$1,436/mo
Rent Zestimate®
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$1,436/mo
Rent Zestimate®
Refinance and save
$633/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$633/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Samar Taha 313-888-7653,
Sonic Realty LLC
Bought with:
Nicholas M Zeoli, 6501399249
Real Broker, LLC
Source: Realcomp II,MLS#: 20261035652
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Level: Entry
- Area: 120
- Dimensions: 12 X 10
Bedroom
- Level: Entry
- Area: 100
- Dimensions: 10 X 10
Bedroom
- Level: Second
- Area: 170
- Dimensions: 17 X 10
Other
- Level: Entry
Heating
- Forced Air, Natural Gas
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 1,365 sqft
- Finished area above ground: 1,365
Property
Parking
- Total spaces: 1
- Parking features: One Car Garage, Detached
- Garage spaces: 1
Features
- Levels: One And One Half
- Stories: 1.5
- Entry location: GroundLevelwSteps
- Pool features: None
Lot
- Size: 4,356 Square Feet
- Dimensions: 35 x 121.75
Details
- Parcel number: W18I018613S
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Aluminum Siding
- Foundation: Basement, Block
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: B E TAYLORS MIDDLEPOINT SUB
HOA
- Has HOA: No
Location
- Region: Detroit
Financial & listing details
- Price per square foot: $81/sqft
- Tax assessed value: $45,800
- Annual tax amount: $5,134
- Date on market: 5/18/2026
- Cumulative days on market: 12 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Contract,Conv Blend Rt,Warranty Deed
- Exclusions: Exclusion(s) Do Not Exist
Price history
| Date | Event | Price |
|---|---|---|
| 8/7/2026 | Sold | $110,000$81/sqft |
Source:  Realcomp II #20261035652 Report a problem | ||
| 8/7/2026 | Pending sale | $110,000$81/sqft |
Source: Realcomp II #20261035652 Report a problem | ||
| 5/18/2026 | Listed for sale | $110,000+214.3%$81/sqft |
Source: Realcomp II #20261035652 Report a problem | ||
| 8/1/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 7/20/2024 | Listed for rent | $1,400$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/17/2024 | Sold | $35,000-26.9%$26/sqft |
Source: Realcomp II #20230104120 Report a problem | ||
| 3/13/2024 | Pending sale | $47,900$35/sqft |
Source: Realcomp II #20230104120 Report a problem | ||
| 2/9/2024 | Price change | $47,900-14.3%$35/sqft |
Source: Realcomp II #20230104120 Report a problem | ||
| 12/16/2023 | Listed for sale | $55,900$41/sqft |
Source: Realcomp II #20230104120 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $38,500 +27.9% |
| 2024 | -- | $30,100 +38.7% |
| 2023 | -- | $21,700 +24% |
| 2022 | -- | $17,500 +14.4% |
| 2021 | -- | $15,300 |
| 2020 | $1,313 +52.8% | $15,300 +31.9% |
| 2019 | $859 | $11,600 +12.6% |
| 2018 | $859 | $10,300 -8.8% |
| 2017 | -- | $11,300 +8.7% |
| 2016 | $1,002 | $10,400 |
| 2015 | $1,002 -25.4% | $10,400 -28.5% |
| 2013 | $1,342 +34% | $14,537 -30.2% |
| 2010 | $1,002 | $20,828 -12% |
| 2009 | -- | $23,668 -13.5% |
| 2008 | -- | $27,362 |
| 2007 | -- | $27,362 +5.5% |
| 2005 | $134 | $25,936 +3% |
| 2004 | -- | $25,181 |
Find assessor info on the county website
Neighborhood: Barton-McFarland
Nearby homes
- $19,8003 bd1 ba1.3k sqft9238 Meyers Rd, Detroit, MI 48228Off Market
- $58,200-- bd1 ba1.5k sqft9250 Meyers Rd, Detroit, MI 48228Off Market
- $30,3003 bd1 ba1.4k sqft9230 Meyers Rd, Detroit, MI 48228Off Market
- $29,300-- bd1 ba1.3k sqft9256 Meyers Rd, Detroit, MI 48228Off Market
- $56,300-- bd1 ba915 sqft9220 Meyers Rd, Detroit, MI 48228Off Market
- $34,800-- bd1 ba1.1k sqft9262 Meyers Rd, Detroit, MI 48228Off Market
- $36,6003 bd1 ba1.3k sqft9214 Meyers Rd, Detroit, MI 48228Off Market
- $56,000-- bd1 ba1.1k sqft9270 Meyers Rd, Detroit, MI 48228Off Market
Nearby schools
GreatSchools rating
- 3/10Mackenzie Elementary-Middle SchoolGrades: PK-8Distance: 0.4 mi
- 3/10Cody High SchoolGrades: 9-12Distance: 2.7 mi
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Estimated market value
$100,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$100,200
- Michigan
- Wayne County
- Detroit
- 48228
- Barton-McFarland
- 9242 Meyers Rd
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