The median home value in Detroit, MI is $87,500.
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 $87,500.
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.
LOOK AT THIS INCOME PRODUCING ASSET...Leased out for $1500/MONTH SECTION 8 TENANTS, RENTAL INCOME IS GUARANTEED, every month. Home has PASSED ALL CITY INSPECTIONS, Certificate of Compliance, Certificate of Rental... Did I mention this is ready for a RENT INCREASE this DECEMBER 31st. Over $20,000K worth of repairs done since the seller has owned the property. From Security Doors, to a FULL KITCHEN REMODEL, to the Hardwood Floor Refinish. Theres so many upgrades to list them all. (Check the additional documents to see them all) This home is equipped with an alarm system which adds value to the tenants providing them the sense of safety. ***See An Agent to Submit Your Offer to Purchase on this one of a kind opportunity!***
Introducing a fantastic investment opportunity! This well-located property boasts a reliable tenant who pays $725 per month in rent, making it a lucrative option for investors. With its prime location and rental income, this property is an excellent addition to any investment portfolio. Lease is month to month. Property must be purchase along with 15044 Prest Street as a package.
2 Income Properties for the Price of 1!! Addresses include 4889 and 4883, Spokane St. Subject address is included as part of a 2 property bundle sale totaling $24,000. Homes will not be sold separately, No Exceptions! Each deed shall represent a sale price of $12,000 per property. Sale contingent on buyer/seller executed development agreement. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.
''INVESTOR'S SPECIAL'' (Deal fell through due to seller being out of the Country), (Doc's are now ready to Go, So Seller said, Let's get it SOLD)! THIS IS THE ONE FOR YOU! YOU MAY WANT TO COMPLETE THE WORK OR RETAIN IT AS YOUR OWN OWNER OCCUPIED HOME. This Solid 3 Bedroom, 2 Bath Brick Colonial, had a FIRE ON THE LOWER LEVEL WITH SOME RESIDUAL SMOKE THROUGHOUT. Electrical Permitted and completed, also reportedly Plumbing completed, and both Bathrooms Coming along with New Flooring. Large LR with Fireplace, Formal Dinning, Full Bathroom off Kit and Upstairs & CA. The Seller is open to Sell it Now if the Offer is Right! This is a Great Clean Sought after Community, off Oakman Blvd. CASH AND CONVENTIONAL OFFERS ONLY. SHOW ME THE MONEY and Let's get you into Your New Home
INVESTMENT OPPORTUNITY: Frame home in attractive neighborhood. Home is currently rented at $1,100.00 Home is currently rented, do not disturb tenant. Showings and inspections will be scheduled only upon accepted offer.
Beautiful Westside Detroit Brick 2 Bedroom RanchVery clean and updated kitchen and bathNatural hardwwod floorsFenced backyard, basement is unfinishedBut has an extra room in the basementthat can be used has a bonus roomPriced to sellVarious terms available
Welcome to this 3 bedroom, 1 bathroom colonial conveniently located in Detroit. This property is in need of rehab to bring it back to its original state. The property has a spacious living room with oversized windows and a fireplace. The kitchen has an eat in area and archway into the dining room. Make this home your today!
INCOME PROPERTY OPPORTUNITY!!! RUSSEL WOODS LOCATION 2 UNIT MULTIFAMILY COLONIAL WITH 2 BEDROOM UP AND 2 BEDROOMS DOWN, SEPARATE ENTRANCE, PRIVATE BASEMENTS, SEPARATE FURNACES, NEW ROOF, HARDWOOD FLOORS UPPER, CARPET LOWER. GET IT BEFORE THE GETTING IS GONE. BUYER / BUYER AGENT VERIFY ALL INFORMATION.
Investor special. Seller has multiple properties up for sale and can be purchased as a package. Great investment opportunity homes, need light repairs. Other properties in this portfolio include: 2943 Pasadena St. Detroit, MI 48238, 19125 Joann St. Detroit, MI 48205 and 9300 Abington Ave. Detroit, MI 48228
2 Income Properties for the Price of 1!! Addresses include 4889 and 4883, Spokane St. Subject address is included as part of a 2 property bundle sale totaling $24,000. Homes will not be sold separately, No Exceptions! Each deed shall represent a sale price of $12,000 per property. Sale contingent on buyer/seller executed development agreement. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.
Over 3,900 Square Feet can once again come to life, just bring your imagination. This super investment opportunity comes with 3 lots included, 4272 Webb, 4282 Webb & 4268 Webb. Sale contingent on buyer/seller executed development agreement. POF documentation MUST be presented with proposal ( not just stated in the proposal), development timelines and offer amounts MUST be included in the proposals. Renovation experience whether DLBA or not, MUST include addresses and BEFORE/AFTER photos. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.
Great investment opportunity. Turnkey operation. Totally renovated property currently occupied at 1000. per month. Updated kitchen, plumbing, electrical and must see. Tenants' rights apply. Do not disturb the tenant. A 24-hour notice required for all showings. All measurements are estimated. The buyer will pay the listing agent a $495 transaction fee.This property is sold as is.