The median home value in Detroit, MI is $93,250.
This is
lower than
the county median home value of $150,000.
The national median home value is $308,980.
The average price of homes sold in Detroit, MI is $93,250.
Approximately 39% of Detroit homes are owned,
compared to 37% rented, while
24% are vacant.
Detroit real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Detroit real estate agent to arrange a tour today!
Learn more about Detroit.
GREAT OPPORTUNITY TO WALK IN AND TAKE OVER AN OPERATING AND PROFITABLE PIZZA SHOP. HEALTH ISSUES OF ON OWNER IS FORCING THE SALE. STORE FULLY STAFFED AND OPERATING. ON ALL ONLINE PLATFORMS. WE OFFER DELIVERY WITHIN A 5 MILE RADIUS. GROSSING 12-14K PER WEEK GROSS REV. ALL EQUIPMENT IN PROPER WORKING ORDER. EVERYTHING IN PLACE. LEASE UP NOV 2024 BUT HAVE AUTO RENEWAL IN PLACE. DECENT LANDLORD. GREAT OPPORTUNITY! WE HAVE GROWING CUSTOMER BASE DAILY! CURRENT OWNERS WILL STAY FOR A NEGO TRANSITION PERIOD IF REQUESTED. SOME OWNER FINANCING WILL BE CONSIDERED CO OWNER IS LISTING AGENT
The property is an income producing 29-unit apartment building located on the West side of the city Detroit, Michigan. The property is positioned in the Warrendale Neighborhood, off Joy Rd just West of the Southfield Freeway. Penrod Faust consists of two buildings, with parking spaces on the side and back of the building. There are 29 units that are all 1 bedroom 1 bath, approximately 630 square feet. They heavy lifting is finished!!! Come in set your rents, fill your units and watch the cash flow in. The property is 80% occupied charging over $21,600 per month in gross potential rent. Of the 29 units - 12 units have been turned with light renovations. Rooms/room sizes are estimated and should be verified by the buyer/buyer's agent.