Turnkey Multi-Unit Investment Opportunity in River Rouge! With fantastic income-generating potential features four fully updated units across two separate structures. The main house offers two spacious 2-bed, 1-bath units, updated kitchens and bathrooms, brand new appliances, and brand new electrical fixtures with new 100 amp electrical service. Both units also boast brand new vinyl windows, new flooring, carpet, and fresh paint throughout. Additional updates include two brand new hot water tanks, two new furnaces, new water supply lines, and glass block windows. The front lower unit features a formal dining room and an enclosed porch, perfect for enjoying the neighborhood, with each unit having a separate entrance for added privacy and convenience. The rear building consists of one 1-bed, 1-bath unit and one 2-bed, 1-bath unit, both featuring updated kitchens and bathrooms, fresh paint, new carpet, and flooring. These units are equipped with high-efficiency Pioneer mini-splits units and offer large, open living spaces that provide excellent rental potential. All units are individually metered for utilities, ensuring ease of management. Located in a desirable, quiet neighborhood, this property sits on a corner lot with ample outdoor space. Minutes from the Gordie Howe Bridge & Downtown Detroit. With easy access to local amenities, schools, parks, major highways, this well-maintained property is ideal for both new and seasoned investors. Certificate of Occupancy at closing. Schedule a showing today!
Turnkey Multi-Unit Investment Opportunity in River Rouge! With fantastic income-generating potential features four fully updated units across two separate structures. The main house offers two spacious 2-bed, 1-bath units, updated kitchens and bathrooms, brand new appliances, and brand new electrical fixtures with new 100 amp electrical service. Both units also boast brand new vinyl windows, new flooring, carpet, and fresh paint throughout. Additional updates include two brand new hot water tanks, two new furnaces, new water supply lines, and glass block windows. The front lower unit features a formal dining room and an enclosed porch, perfect for enjoying the neighborhood, with each unit having a separate entrance for added privacy and convenience. The rear building consists of one 1-bed, 1-bath unit and one 2-bed, 1-bath unit, both featuring updated kitchens and bathrooms, fresh paint, new carpet, and flooring. These units are equipped with high-efficiency Pioneer mini-splits units and offer large, open living spaces that provide excellent rental potential. All units are individually metered for utilities, ensuring ease of management. Located in a desirable, quiet neighborhood, this property sits on a corner lot with ample outdoor space. Minutes from the Gordie Howe Bridge & Downtown Detroit. With easy access to local amenities, schools, parks, major highways, this well-maintained property is ideal for both new and seasoned investors. Certificate of Occupancy at closing. Schedule a showing today!
REALCOMP #20240075911
Jul 18, 2025
Sold
$242,000
$77/sq ft
May 26, 2025
Pending
—
May 21, 2025
Price Changed
$274,900
$87/sq ft
Apr 26, 2025
Relisted
—
Apr 14, 2025
Pending
—
Dec 18, 2024
Price Changed
$299,900
$95/sq ft
Oct 10, 2024
Listed
$349,900
$111/sq ft
Public Records
Nov 15, 2023
Sold
$50,000
$16/sq ft
Public Records
May 23, 1992
Sold
$30,000
$9/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$7,157 (+2.7%)
2024
$6,968 (+111.8%)
2023
$3,289 (+0.2%)
2022
$3,283 (−18.7%)
2021
$4,038 (+5.3%)
2020
$3,835 (+132.7%)
2019
$1,648 (−52.2%)
2018
$3,445 (+44.0%)
2017
$2,393 (−0.8%)
2016
$2,411 (−22.9%)
2015
$3,129 (−16.0%)
2014
$3,724
Tax history for 68 E JAMES St
Year
Property tax
Land + Additions
Assessment*
2025
$7,157 (+2.7%)
2024
$6,968 (+111.8%)
2023
$3,289 (+0.2%)
2022
$3,283 (−18.7%)
2021
$4,038 (+5.3%)
2020
$3,835 (+132.7%)
2019
$1,648 (−52.2%)
2018
$3,445 (+44.0%)
2017
$2,393 (−0.8%)
2016
$2,411 (−22.9%)
2015
$3,129 (−16.0%)
2014
$3,724
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
—
Baths
4
Stories
—
Lot width
38 ft.
Lot depth
100 ft.
Lot size
3,920 Sq. Ft.
Year renovated
—
Sq. Ft.
3,160
Year built
1915
Style
Single Family Residential
County
Wayne County
APN
50 006 99 0021 000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 7, 2026.
Property details
Parking
Parking/Garage Information
Parking: On Street
Interior
Bathroom Information
# of Bathrooms (Full): 4
# of Baths/Lavatories (Total): 4
Laundry/Basement Information
Basement Type: Block, Poured
Exterior
Exterior Features
Exterior Construction: Aluminum, Brick
Exterior Features: Fenced Yard
Foundation Type: Basement
Property Information
Property Type: Multi-Family
Property Type: Duplex
Structure Style: 2 Story
Year Built: 1915
Lot Information
Zoning: Multi-Family
Land Information
Acreage: 0.09
Roads: Paved Street
Frontage: 38
Financial
Tax/Assessments Information
Taxable Value: $33,213
Total Tax Amount: $3,289
Summer Tax Amount: $2,282
Winter Tax Amount: $1,007
Lease/Rent Information
Has Lease
Lease Information: Water Included
Utilities
Utility Information
Separate Heat: Yes
Water Heater: Gas
Water: Public Water
Cooling System: Ceiling Fan(S), Window Unit(S)
Fuel Type: Natural Gas
Separate Heat
Heating System: Forced Air
Location
Mult-Unit Information
Total Expenses: $24,108
# of Units (Total): 4
Total Expenses: $24,108
Net Operating Income: $35,892
Net Operating Income: 35892
Homeowners Association Information
Community Amenities: Laundry Facility, Private Entry
School Information
School District: River Rouge School District
School District: River Rouge School District
Address Information
Street Designation: Street
Location Details
Directions: East of Coolidge - South of Jefferson
Side of Street: S
Municipality Type: City
Municipality: River Rouge
Mail City: River Rouge
Subdivision: LE BLANC AND LABADIE'S SUB
Municipality: River Rouge
Area (Municipality): River Rouge (82144)
Public facts
Beds: —
Baths: 4.0
Sq. Ft.: 3,160
Stories: —
Lot Size: 3,920 square feet
Style: Single Family Residential
Year Built: 1915
Year Renovated: —
County: Wayne County
APN: 50 006 99 0021 000
Home facts updated by county records on Aug 7, 2026
Other
Listing Information
Originating MLS: RealComp
Around this home
Schools
Ann Visger K-5 Preparatory Academy
Public PreK-5 • Assigned • 0.8mi
2/10
Cb Sabbath 6-8 Preparatory Academy
Public 6-8 • Assigned • 0.9mi
3/10
River Rouge High School
Public 9-12 • Assigned • 0.4mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
3/10 Flood Factor
Estimated 8-12% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 95° expected this year, 15 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
4/10 Air Factor
6 unhealthy days expected this year, 8 days in 30 years
Provided by First Street
Historical weather
River Rouge, MI • 48218 1625
Average low and high temperatures (°F)
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77
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66
49
50
39
37
26
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
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