1529 E MUIR AVE Active Save Request In-Person Tour Request Virtual Tour
Hazel Park,MI 48030
Key Details
Property Type Single Family Home
Sub Type SingleFamilyResidence
Listing Status Active
Purchase Type For Sale
Square Footage 1,258 sqft
Price per Sqft $137
Subdivision Oakway Sub
MLS Listing ID 20251033322
Style Bungalow
Bedrooms 3
Full Baths 1
Year Built 1948
Property Sub-Type SingleFamilyResidence
Property Description
Fantastic Investment Opportunity in Hazel Park
This beautifully updated two-story home is located in the highly desirable city of Hazel Park, just minutes from the Wayne State University District, with easy access to all major freeways.
The property features three bedrooms, spacious living room, kitchen, dining room and full bath. Remodeled in 2020, offering a blend of modern updates and classic charm.
The kitchen includes appliances - dishwasher, and oven—for added convenience.
Situated on a rare double lot, this property presents a unique opportunity extra privacy or even an expansion to the existing home (subject to city approval). A detached two-car garage adds valuable storage and parking space.
Currently tenant-occupied, this home provides immediate rental income potential—an excellent opportunity for investors or those seeking a future primary residence with added land value.
With current rent comps in the area averaging $1, 600 /month, and yearly expenses—including taxes and insurance—totaling less than $4,000, this property offers a strong ROI and a healthy cap rate. Located in the quiet and well-maintained Oakway Subdivision, this is an opportunity you don't want to miss!
Location
State MI
County Oakland
Area Area02257Hazelpark
Interior
Heating ForcedAir, NaturalGas
Exterior
Parking Features TwoCarGarage,Detached
Garage Spaces 2.0
Pool None
View Y/N No
Building
Foundation CrawlSpace
Sewer PublicSewer
Water Public
Schools
School District Hazelpark
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition ShortSaleNo, Standard