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    12 Perrin St River Rouge, MI 48218

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    For Sale
    $149,900

    Duplex near Memorial Park, ideal for investors or house-hackers.

    Lot size:
    0.07 Acres

    Property Features for 12 Perrin St

    General Information

    Lot size
    0.07 Acres

    Building Details

    Year built
    1930
    Source: Elliman

    Listing Agent: Edgar Butler

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    River Rouge Duplex Near Park

    Located in River Rouge near Memorial Park, this duplex presents an opportunity for investors and owner-occupants. The property features two well-maintained units, each equipped with separate gas and electric meters. The location provides walkable access to local restaurants, shops, and Memorial Park's amenities, including a splash pad, playground, basketball court, and skatepark. The property is positioned near Memorial Park.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    River Rouge
    County
    Wayne
    State
    Michigan
    Longitude
    -83.1332944
    Latitude
    42.2657241

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    FAQs

    What type of property is this?
    Duplex - Duplex near Memorial Park, ideal for investors or house-hackers.
    Where is this duplex located?
    The property is located at 12 Perrin St River Rouge, MI.
    What is the asking price?
    The asking price for this property is $149,900.
    What are key features of this property?
    This property features: - Prime location near Memorial Park and its amenities; - Duplex offers strong income potential, Section 8 rental rates up to $1,300 per 2-bedroom unit; - Ideal for investors and house-hackers
    (248) 805-2554
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    12 Perrin St River Rouge, MI 48218
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12 Perrin St River Rouge, MI 48218
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