7048 Jonathon Street, Dearborn, MI 48126 (MLS# 26042025)

7048 Jonathon Street, Dearborn, MI 48126

$369,999

Property Type: Multi Family Lot Size (sq. ft.): 4,792 Status: Active

Current Price: $369,999 List Date: 8/17/2026 Last Modified: 9/16/2026

Overview

Description

Multi-unit investment property located in Hemlock Park, Dearborn. This 2 to 4 unit building sits on a 4,792 square foot lot, offering solid potential for an owner-occupant or investor seeking to build equity through real estate ownership. The compact lot size and multi-unit configuration provide an efficient use of space in an established community. Consider the opportunities this property presents for long-term wealth building and portfolio diversification.BATAVI

Listing Details MLS# 26042025

Location Property Info

County: Wayne
Street #: 7048
Street Name: Jonathon
Suffix: Street
State: MI
Zip Code: 48126
Zip (4): 1846

General Property Info

Lot Measurement: Acres
Lot Square Footage: 4792
Lot Acres: 0.11
Lot Dimensions: 35X134
Year Built: 1941
New Construction: No
Financial Available: No
Cert of Compliance: No
Road Frontage: 35
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: Yes
Total Approx. SqFt All Bldgs: 1827
Total Parking Spaces: 2
Waterfront: No
School District: Dearborn
Association YN: No

Tax Info

Tax ID #: 32-10-081-04-007
Taxable Value: 95723
SEV: 154900
For Tax Year: 2025
Seller's Annual Property Tax: 6294.81
Tax Year: 2025
Spec Assessment & Ty: N/A

Remarks Misc

Directions: Warren Ave to Jonathon St, north on Jonathon St to property.

Access Feat

Accessibility Features: No

More Information

Terms Available

Land Contract Down Payment: 200000
Land Contract Interest Rate: 6
Land Contract Monthly Payment: 2000
Land Contract Terms (# Months): 24

Unit 1

Unit #: Yes
Unit Description: LOWER UNIT -2BEDROOM
Identical Units: 2
Occupied: No
Bathrooms: Yes
Full Baths: Yes

Unit 2

Unit #: 2
Unit Description: UPPER LEVEL
Bathrooms: Yes
Full Baths: Yes

Property Features

Laundry Features: In Basement; Laundry Room Exterior Material: Brick Roofing: Composition Substructure: Full; Michigan Basement Lot Description: Sidewalk Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected Util Avail at Street: Electricity Available; Natural Gas Available; Public Water Owner Pays: Water Tenant Pays: None Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Driveway: Concrete Street Type: Public Mineral Rights: Unknown Terms Available: 2nd Mortgage; Cash; Conventional; FHA; Land Contract; Tax Def Exchange; VA Loan Possession: Close Plus 1 Day Sale Conditions: None Unit 1: Central Air; Garage; Refrigerator; Washer/Dryer Unit 2: Central Air; Garage; Range/Oven

Listing Office: Network Realty LLC

Listing Agent: Nadia Kassim

Last Updated: September - 16 - 2026

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