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23831 John R Rd, Hazel Park, MI, 48030

4beds
5baths
5,425sqft
$1,200,000
$221price/sqft
$8,810/moest. monthly cost
$352,400/yrincome needed

About This Home

ONE BUILDING WITH 3 RESIDENTIAL MULTI-FAMILY APARTMENTS AND 2 COMMERCIAL SPACES-ALL PROPERTIES LEASED—in vibrant, downtown Hazel Park, located adjacent to renowned restaurant Mabel Gray. RESIDENTIAL: 3 BEDROOM: Impeccably renovated second-floor 1,567 Sq ft flat boasting three large bedrooms. Open-concept layout, with a large living room, dining room and entry. Stunning floors to the quartz countertops, shaker cabinetry, and stainless-steel appliances. Enclosed porch. Laundry room with a washer and dryer. Currently leased for $1,890/month. 1 BEDROOM: Impeccably renovated 532 Sq ft, second-floor flat. Abundant natural light illuminates the open-concept layout, with a living room, kitchen-dining combo, one bedroom and bath. Nicely renovated with quartz countertops, shaker cabinetry, and stainless-steel appliances. Currently leased for $1,000/month. STUDIO: Completely renovated 336 Sq ft studio features new hardwood floors that stretch throughout the living areas as well as bright light throughout. Kitchen/dining, flex room, and bath. The open floor plan and kitchen and living area have white shaker cabinets and soft close drawers, white granite countertops, sub-tile backsplash and quality stainless steel appliances. Currently leased for $850/month. COMMERCIAL SPACES: Prime first-floor commercial spaces. The 1,698 Sq. Ft space offers two large, versatile areas perfect for retail, office, or creative use. The spacious main room measures 38x19, providing ample space for customer engagement or open workspace. A generous rear space, 36x18, offers additional functionality for storage, private offices, or production. Currently leased for $3,180/month. The second prime 847 sq. ft commercial space offers one large, versatile area perfect for retail, office, or creative use. The spacious main room measures 38x19, providing ample space for customer engagement or open workspace. Currently leased for $1,696/month. Showings by appointment only.

Getting Around

77
WalkingVery Walkable
0
TransitVery Limited Transit
56
BikeBikeable

Schools

3/10
Webb Elementary SchoolGrades PK-120.6 mi
3/10
4/10
Hazel Park High SchoolGrades 9-120.7 mi

Construction

Condition

  • Year built: 1951

Materials

  • Foundation: Slab
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Architectural style: Raised Ranch
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 5
  • Full bathrooms: 3
  • 1/2 bathrooms: 2

Features

  • Finished area above ground: 5,425

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 5,425 sqft

Property

Details

  • Parcel number: 2526432022
  • Zoning description: Commercial, MultiFamily
  • Special condition: Short Sale No,Standard

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Exterior features: Lighting,Private Entrance

Lot

  • Lot size: 3,920 sqft
  • Lot size dimensions: 40.00 x 100.00

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tornado

FEMA Declared Disasters in Oakland County and Michigan

Flood
Severe Ice Storm
Severe Storm
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,067$72,804
Home Insurance *$902$10,824
Property Taxes $1,250$15,000
Electricity $591$7,100
Total$8,810$105,720
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$302,057/yr
40% on housing$264,300/yr
45% on housing$234,933/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 14.2%
14.2%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.0%
0.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$221This listing

vs Other Active Listings

Avg $/sqft

ZIP 48030$102
Oakland County$199

vs Homes Sold Last Month

Median $/sqft

ZIP 48030$133
Oakland County$192

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2025-04-07Listed for sale$1,200,000
2023-11-21Listing removed--
2023-11-07Listed for rent$1,800
2020-07-17Listing removed$399,000
2020-07-10Listed for sale$399,000

For Sale by Agent

AgentChristine Winans
BrokerageBerkshire Hathaway HomeServices Kee Realty Bham

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