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$65,000
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Property Description
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!
Full Property Details
Full Property Details for 12661 Riad St
General
- Sold For: $65,000
- Taxes: $3,299
- Status: Closed
- Type: Single Family
- Source: SWMRIC_MLS
- MLS ID: 26008787
- Added to Site: 77 day(s) ago
Interior
- Number of Rooms: 4
- Fireplace: Yes
- Number of Fireplaces: 1
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking Features: Detached
Location
- County: Wayne
- Cross Streets: Morross and Kelly
Community
- Association: Yes
- Assoc. Fees Include: Electricity, Water, Trash, Heat
Heating & Cooling
- Heating Type: Forced Air
Utilities
- Sewer: Public
- Water: Public
Structural Information
- Construction: Brick
- Basement: Yes
- Stories/Levels: 2
- Square Feet: 1,458
- Living Area: 1,458 Sq. Ft.
- Year Built: 1939
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,792
Financial Considerations
- Tax Amount: $3,299
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2024. W RIAD 767 SEVEN MILE CADIEUX SUB NO 6 L60 P17 PLATS, W C R 21/952 40 X 122
- Property ID: 21057663
Listed and Sold by eXp Realty, LLC, Victor Shauni and Bernard Shamow
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Schools
Schools serving 12661 Riad St
School District:Detroit Public Schools Community District
| Name | Grades | Distance |
|---|---|---|
Carleton Elementary School 11724 Casino Avenue, Detroit, MI 48224 | PK-5 | 0.5 mi |
Fisher Magnet Upper Academy 15491 Maddelein Street, Detroit, MI 48205 | 6-8 | 0.6 mi |
Denby High School 12800 Kelly Road, Detroit, MI 48224 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 12661 Riad St
Date
Details
Price
Change
Source
4/13/2026
Sold
$65,000
-23.53%
MLS
3/09/2026
Listed
$85,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
12661 Riad Street, Detroit, MI 48224 (MLS# 26008787) is a Single Family property that was sold at $65,000 on April 13, 2026. Want to learn more about 12661 Riad Street? Do you have questions about finding other Single Family real estate for sale in Detroit? You can browse all Detroit real estate or contact a Coldwell Banker agent to request more information.

