The median home value in Detroit, MI is
the county median home value of $135,000.
The national median home value is $277,796.
The average price of homes sold in Detroit, MI is $85,000.
Approximately 39% of Detroit homes are owned,
compared to 37% rented, while
25% 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 Real Estate.
**OPPORTUNITY** Attractive 2 story multifamily home located in Detroit's Poletown East neighborhood. Property features 2 units, 1 upper unit and 1 lower unit. Upper unit has 3 bedrooms, 1 bathroom, kitchen, dining room, living room. Lower unit also has 2 bedrooms, 1 bathroom, kitchen, dining room, living room and a shared basement with ample storage space. All room sizes estimated. Purchaser to pay $495 processing fee to listing broker at closing. Buyer will receive a warranty deed. BATVAI
Very rare INVESTMENT SPECIAL ! This is a blend of multi family units, and a previously used store front, equipped with a scale, coolers, and a walk-in cooler. This property is a short distance away from the City of Hamtramck. Can be used as a commercial property, or a neighborhood retailer or butcher shop, with one large apartment occupied by the owner, while the other two rented out for additional income. Each unit has its own forced air furnace, with the exception of one with a boiler unit. The lower unit has a separate kitchen, and dinning room, with a large converted bedroom from two bedrooms. This unit has a traditional Living room furnishing that is included in the sale. The units can be accessed from the main unit or separate entrances can be used. There is a basement with a lavatory as well for extra space, when needed. Please bring all REASONABLE offers for consideration. Please note that all units will be cleaned prior to closing.
Great investment property. Selling property AS IS! This neighborhood has two schools on the same block, doctors office, convenient stores, etc. Very close to main roads along with I-94 freeway.
Upstairs is rented out 600$ (month to month).
Downstairs has been used as retail for the last 5 years (vacant).
Needs some TLC but this is a great property located next to two schools within walking distance.
Calling all investors! A completed restoration is needed. The Seller requires Proof of Funds to meet the estimated costs included with offer in order to purchase. Estimated rehab cost around $127,100. Please note that the DLBA 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 abatement 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 abatement on the purchase and development financing. BATVAI
This multi-family home is located close to the historic Packard Plant and just minutes away from Belle Isle.Looking for a buyer to rehab this multi-family home. The seller is the Detroit Land Bank Authority. 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 abatement and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture 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 abatement on the purchase and development financing.Please see attached documents for DLBA requirements .BATVAI
The data relating to real estate for sale on this web site comes in part from the IDX Program of the RealComp MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Provided through IDX through Realcomp II Ltd. Copyright 2021 Realcomp II Ltd. Shareholders