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Inkster 48141 Inkster
3240 Harrison Street
$136,000
● House - Off Market

3240 Harrison Street

Inkster, MI 48141
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,456 Ft²
$938
Est. Monthly
28.76%
Cap Rate

About This Property

This newly remodeled home boasts modern upgrades throughout, including new plumbing, gas lines, electrical, HVAC, and hot water tank. The freshly painted interior features a neutral ambiance, creating a welcoming atmosphere. The spacious eat-in kitchen is a highlight, complete with sleek quartz countertops and soft-close cabinets. Upstairs, you'll find brand-new carpet in all four bedrooms, offering comfort and style. The large backyard provides the perfect space for outdoor entertaining, making this home ideal for both relaxation and hosting guests.
Unit Size
1,456 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$100
Property Type
House
Property Taxes
$225
HOA Dues
-
Year Built
1928

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (MichRIC MLS #25015109)

Price History

Date / Event Date Event Price
Apr 7, 2025 Sold
Premium
Sold
Jan 8, 2025 Listed by NON-MEMBER REALTOR 'LIST' $145,000
Listed by NON-MEMBER REALTOR 'LIST'
Apr 5, 2022 Sold
Premium
Sold
Sep 20, 2005 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,920
  • Lot Size Depth Feet: 1,110
  • Lot Size Frontage Feet: 350
  • Total Building Area: 1,456
  • Building Area: 1,456
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,456
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DEARBORN ACRES SUB
  • Land Acres: 0000000090
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: 25N1028 LOT 1028 DEARBORN ACRES SUB NO. 2 T2S R9E L33 P79 WCR

Neighborhood

  • School District Name: Taylor School District
  • School Tax School District: TAYLOR
  • Census Tract: 570800

Geography

  • District: 44
  • Section: 02
  • Parcel: 44 009 02 1028 000
  • Lot: 1028
  • Municipality: INKSTER CITY
  • Latitude: 42.2868
  • Longitude: -83.3197

    Address

  • Full Address: 3240 Harrison St
  • Address - House Number: 3240
  • Address - Street Name: Harrison
  • Address - Suffix Type: St
  • State: MI
  • City Name: Inkster
  • Carrier Code: C006
  • 4-Digit Zip Code: 2254
  • Zip Code: 48141

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $178,356
  • Tax Rate Code Area: 82151

    Appraisal Valuation

  • Standard Deviation: 0.1332
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 84
  • Final Value: 46,521
  • High Value: 52,719
  • Low Value: 40,323

    Market Valuation

  • Market Total Value: $56,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,000

    Sales

  • Current Sale Contract Date: Mar 28, 2022
  • Current Sale Recording Date: Apr 05, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 127248
  • Previous Sale Recording Date: Sep 20, 2005
  • Previous Sale Contract Date: Jul 18, 2005
  • Previous Sale Amount: $64,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Inkster

Stats & Trends

Median Asking:

$100,995

Sale Price/ft²

$112

Above Asking

29.87%

Average Days on Market

50

Average Home Size

1303 ft²

Average Home Age

70.2 years

Currently For Sale

6 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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MichRIC

Listed by: MichRIC Non-Member, NON-MEMBER REALTOR 'LIST'
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25015109
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 3240 Harrison Street built and last sold?
The property at 3240 Harrison Street was built in 1928 and last sold on Mar 28, 2022 for $30,000.
How much is this home worth?
The estimated value of the home located at 3240 Harrison Street is $0.
What are some comparable homes to 3240 Harrison Street?
There are currently no comparable homes to 3240 Harrison Street.
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