3808 Taylor St · Detroit, MI 48206

$134,900

4 bd · 1.5 ba · 1,716 sqft · SingleFamily public records · 79 Days on market

Built 1923 3,485 sqft lot

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Why this score? — see what drove the C grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +25.1/30.0
• DSCR +8.2/10.0
• ARV discount +7.5/15.0
• 1% rule +6.1/10.0
• Rent growth +3.8/5.0
• Livability +3.7/5.0
• Condition / age +2.5/5.0
• Schools +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

THIS IS A FANTASTIC OPORTUNITY TO OWN IN AN UP-AND-COMING AREA OF DETROIT. LESS THAN 10 MINUTES FROM DOWNTOWN, FIVE MINUTES FROM NEW CENTER AND MIDTOWN. SHORT WALK TO DEXTER AND JOY ROAD BUS LINES. COMPLETE INTERIOR UPDATES TO INCLUDE ELECTRICAL, PLUMBING, KITCHEN, BATHS, FURNACE, CENTRAL AIR AND NEW WINDOWS. OVER 1700 SF WITH UNFINISHED WALK UP ATTIC. THIS PROPERTY SITS ON A DOUBLE LOT WITH A POSSIBLE ADJACENT THIRD LOT THAT CAN BE PURCHASED FROM THE CITY OF DETROIT. ALL THIS FOR $134,900!!. YOU WON'T FIND A BETTER VALUE IN THE CITY. HOME WARRANTY INCLUDED. LAND CONTRACT TERMS AVAILABLE. NEW ROOF TO BE INSTALLED PRIOR TO CLOSING.

Key facts

• Double lot
• 3,485 sq ft lot
• Built 1923

Tags

• FIVE MINUTES FROM NEW CENTER
• SHORT WALK TO BUS LINES
• COMPLETE INTERIOR UPDATES
• DOUBLE LOT

Property features AI

Exterior

• Parking: No garage
• Utilities: Public water; Public sewer; Water and sewer available
• Home design: Single-family residence; Ground-level entry with steps
• Construction: Brick construction; Brick/mortar foundation; Built above grade with finished living area
• Exterior features: Paved road access; Lot dimensions approximately 35 x 100 (0.08 acres); No pool

Interior

• Kitchen: Dishwasher; Free-standing electric range; Free-standing refrigerator; Range hood
• Bedrooms: 7 total rooms (includes bedrooms and living spaces)
• Bathrooms: 1 full bathroom; 1 half bathroom
• Heating & cooling: Forced air heating (natural gas); No central cooling
• Interior features: Dishwasher; Free-standing electric range; Free-standing refrigerator; Range hood; Full unfinished basement; Home warranty included

What this means for you Summary

Snapshot

• This is a 4-bed/1.5-bath single-family listed at $135k.

Deal economics

• At list price, monthly cash flow is $298 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $135k).
• Recommended offer: $127k (6.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 73/100 on livability (#218 in MI) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, cost of living A+; Watch: schools F, crime F, employment F.
• Detroit Public Schools Community District (urban): math 10% / reading 24% proficiency, ranked #499 of 540 in MI (top 92%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 90% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+5.2%/yr); 273 active listings in the ZIP; 38 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
• This rent runs 40% of the median local income ($45k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $933 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Wayne County population projected at -17% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 5.2% rent growth), your $38k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 79 days — a 6% lower offer ($127k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $80k; list at $135k implies a 69% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1923 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $126,806 (6.0% below list)

Questions for the listing agent

1. It's been on market 79 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1923 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.11% ✓
• Cap rate: 8.94%
• Cash-on-cash: 9.46%
• DSCR: 1.42
• GRM: 7.5

CMA / ARV

• ARV (on-the-fly): $68,640
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3284 Clairmount St	0.22mi	4/2.0	1,714 (-0%)	9mo	$15,000	$9	80
9390 Quincy St	0.29mi	3/2.0 (-1)	1,686 (-2%)	0mo	$145,000	$86	76
3781 Taylor St	0.04mi	4/1.0	1,505 (-12%)	3mo	$39,500	$26	73
3275 Collingwood St	0.66mi	4/1.5	1,600 (-7%)	2mo	$64,000	$40	57
2930 Taylor St	0.42mi	3/1.5 (-1)	1,554 (-9%)	5mo	$46,000	$30	56
2688 W Philadelphia St W	0.61mi	4/1.5	1,564 (-9%)	3mo	$52,000	$33	54
4032 Vicksburg St	0.49mi	4/2.0	1,900 (+11%)	9mo	$248,500	$131	50
4385 Pacific St	0.74mi	4/1.5	1,595 (-7%)	6mo	$140,000	$88	48
2988 Montgomery St	0.65mi	3/1.5 (-1)	1,619 (-6%)	9mo	$50,000	$31	48
8740 Arcadia St	0.42mi	3/3.0 (-1)	1,900 (+11%)	5mo	$52,000	$27	48
2713 Carter St	0.54mi	3/1.0 (-1)	1,568 (-9%)	8mo	$70,000	$45	47
3232 Montgomery Ave	0.60mi	3/2.5 (-1)	1,494 (-13%)	2mo	$166,000	$111	40

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 5.2% rent growth · sell at horizon

5-year hold

• IRR: 0.3%
• Equity multiple: 1.01×
• Total profit: $476
• Equity at exit: $20,114

10-year hold

• IRR: 12.0%
• Equity multiple: 2.04×
• Total profit: $39,311
• Equity at exit: $11,664

Cash invested: $37,772 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 62 Landlord-Friendly
• State Michigan: 62 Landlord-Friendly · EVEN
• County: — inherits STATE
• City: — inherits STATE

7-day pay-or-quit; mixed climate; Detroit/AA have some protections.

Methodology + full state rankings →

ZIP-level market 48206

• Rents YoY: 5.2%
• Active inventory: 273
• Price-to-rent: 7.5×

Monthly cashflow live

• Estimated rent: $1,494 high
• Mortgage (P&I): −$707
• Tax from tax record: −$119 /mo · $1,431/yr
• Insurance: −$56
• HOA: −$0
• Vacancy / Maint / Mgmt: −$314
• Net cashflow: $298

Break-even live

Break-even rent $1,118

Max offer price $134,900

Occupancy floor 75%

Sensitivity live

Price	-10% $374	-5% $336	+0% $298	+5% $260	+10% $221
Rent	-10% $180	-5% $239	+0% $298	+5% $357	+10% $416
Rate	-1.0pp $366	-0.5pp $332	base $298	+0.5pp $263	+1.0pp $227

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $33,725
• Closing costs: $4,047
• Reserves months: —
• Total cash needed: —

Rent comps 38 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3786 Carter St Unit 2 Detroit, MI	3.0	1.0	1400	$1,100	$0.79	25d	1	0.15mi
3757 Blaine St Detroit, MI	3.0	1.0	1169	$1,480	$1.27	18d	1	0.24mi
3220 Gladstone St Detroit, MI	3.0	1.0	1248	$1,200	$0.96	45d	1	0.30mi
3422 Edison St Detroit, MI	3.0	1.0	1300	$1,295	$1.00	18d	1	0.34mi
3799 W Philadelphia St Detroit, MI	5.0	2.0	2200	$1,650	$0.75	18d	1	0.34mi
3259 W Philadelphia St Detroit, MI	3.0	1.0	1293	$1,400	$1.08	18d	1	0.42mi
4345 W Euclid St Unit 1 Detroit, MI	3.0	1.0	1300	$1,400	$1.08	25d	1	0.43mi
4345 W Euclid St Unit 2 Detroit, MI	3.0	1.0	1300	$1,450	$1.12	25d	1	0.43mi
4915 Maplewood St Detroit, MI	3.0	1.0	1324	$1,100	$0.83	18d	1	0.55mi
3266 Calvert Ave Fl 2 Detroit, MI	3.0	1.0	1279	$1,300	$1.02	25d	1	0.64mi
3226 Calvert Ave Detroit, MI	3.0	1.0	1100	$1,200	$1.09	13d	1	0.66mi
3224 Calvert St Detroit, MI	3.0	1.0	1150	$1,150	$1.00	45d	1	0.66mi
2925 Calvert St Detroit, MI	3.0	1.0	1400	$1,300	$0.93	18d	1	0.72mi
2463 Taylor St Detroit, MI	3.0	1.0	1350	$1,100	$0.81	45d	1	0.74mi
2727 Calvert Ave Unit 1 Detroit, MI	3.0	1.5	1350	$1,200	$0.89	45d	1	0.76mi
3031 Lawrence St Detroit, MI	4.0	1.0	1700	$1,600	$0.94	18d	1	0.77mi
2506 W Euclid St Detroit, MI	3.0	1.0	1475	$1,675	$1.14	45d	1	0.78mi
2504 W Euclid St Unit 2506 Detroit, MI	3.0	1.0	1475	$1,675	$1.14	45d	1	0.79mi
2504 W Euclid St Unit 2504 Detroit, MI	3.0	1.0	1475	$1,650	$1.12	45d	1	0.79mi
2653 Calvert Ave Unit 1 Detroit, MI	3.0	1.0	1305	$1,200	$0.92	45d	1	0.81mi
5315 Spokane St Detroit, MI	3.0	1.0	2110	$1,200	$0.57	18d	1	0.83mi
2302 Hazelwood St Unit 1 Detroit, MI	3.0	1.0	1550	$1,273	$0.82	25d	1	0.85mi
2655 Collingwood St Detroit, MI	4.0	1.5	1881	$2,700	$1.44	3d	1	0.86mi
3322 Webb St Unit 2 Detroit, MI	3.0	1.0	1656	$1,350	$0.82	45d	1	0.86mi
3322 Webb St Unit 1 Detroit, MI	3.0	1.0	1656	$1,350	$0.82	45d	1	0.86mi
3322 Webb St Detroit, MI	3.0	1.0	1600	$1,250	$0.78	18d	1	0.87mi
2254 Taylor St Unit Taylor St unit Detroit, MI	3.0	1.0	1307	$1,550	$1.19	4d	1	0.90mi
11704 Broadstreet Ave Detroit, MI	3.0	1.0	1200	$1,050	$0.88	45d	1	0.92mi
2634 Lawrence St Detroit, MI	3.0	1.5	1388	$1,600	$1.15	3d	1	0.94mi
2047 Seward St Detroit, MI	3.0	1.0	1421	$1,523	$1.07	6d	1	1.13mi
1929 Calvert Ave Unit 2 Detroit, MI	3.0	1.0	1414	$1,199	$0.85	16d	1	1.25mi
12546 Broadstreet Ave Detroit, MI	3.0	1.5	1899	$1,250	$0.66	45d	1	1.28mi
6144 16th St Detroit, MI	3.0	1.0	1284	$1,200	$0.93	45d	1	1.35mi
4341 Glendale St Detroit, MI	4.0	2.5	1832	$1,680	$0.92	6d	1	1.40mi
9844 Woodrow Wilson St Detroit, MI	3.0	1.0	1187	$1,300	$1.10	13d	1	1.41mi
7640 Woodrow Wilson St Unit 1 Detroit, MI	3.0	1.5	1095	$1,400	$1.28	45d	1	1.46mi
4336 Buena Vista St Detroit, MI	3.0	1.0	1300	$1,100	$0.85	45d	1	1.49mi
2474 Fullerton St Detroit, MI	3.0	1.0	1400	$1,300	$0.93	16d	1	1.50mi

Listing history 16 events

1. 2026-06-02
   status $134,900 Pending 79 DOM
2. 2026-06-01
   days on market $134,900 Active Under Contract 79 DOM
3. 2026-05-31
   days on market $134,900 Active Under Contract 78 DOM
4. 2026-04-25
   historical Accepting Backup Offers 638-char remark

   Show marketing remark (638 chars)

   THIS IS A FANTASTIC OPORTUNITY TO OWN IN AN UP-AND-COMING AREA OF DETROIT. LESS THAN 10 MINUTES FROM DOWNTOWN, FIVE MINUTES FROM NEW CENTER AND MIDTOWN. SHORT WALK TO DEXTER AND JOY ROAD BUS LINES. COMPLETE INTERIOR UPDATES TO INCLUDE ELECTRICAL, PLUMBING, KITCHEN, BATHS, FURNACE, CENTRAL AIR AND NEW WINDOWS. OVER 1700 SF WITH UNFINISHED WALK UP ATTIC. THIS PROPERTY SITS ON A DOUBLE LOT WITH A POSSIBLE ADJACENT THIRD LOT THAT CAN BE PURCHASED FROM THE CITY OF DETROIT. ALL THIS FOR $134,900!!. YOU WON'T FIND A BETTER VALUE IN THE CITY. HOME WARRANTY INCLUDED. LAND CONTRACT TERMS AVAILABLE. NEW ROOF TO BE INSTALLED PRIOR TO CLOSING.

5. 2026-04-25
   historical Active Under Contract

   Show marketing remark (638 chars)

   THIS IS A FANTASTIC OPORTUNITY TO OWN IN AN UP-AND-COMING AREA OF DETROIT. LESS THAN 10 MINUTES FROM DOWNTOWN, FIVE MINUTES FROM NEW CENTER AND MIDTOWN. SHORT WALK TO DEXTER AND JOY ROAD BUS LINES. COMPLETE INTERIOR UPDATES TO INCLUDE ELECTRICAL, PLUMBING, KITCHEN, BATHS, FURNACE, CENTRAL AIR AND NEW WINDOWS. OVER 1700 SF WITH UNFINISHED WALK UP ATTIC. THIS PROPERTY SITS ON A DOUBLE LOT WITH A POSSIBLE ADJACENT THIRD LOT THAT CAN BE PURCHASED FROM THE CITY OF DETROIT. ALL THIS FOR $134,900!!. YOU WON'T FIND A BETTER VALUE IN THE CITY. HOME WARRANTY INCLUDED. LAND CONTRACT TERMS AVAILABLE. NEW ROOF TO BE INSTALLED PRIOR TO CLOSING.

6. 2026-03-21
   status Active 638-char remark

   Show marketing remark (638 chars)

   THIS IS A FANTASTIC OPORTUNITY TO OWN IN AN UP-AND-COMING AREA OF DETROIT. LESS THAN 10 MINUTES FROM DOWNTOWN, FIVE MINUTES FROM NEW CENTER AND MIDTOWN. SHORT WALK TO DEXTER AND JOY ROAD BUS LINES. COMPLETE INTERIOR UPDATES TO INCLUDE ELECTRICAL, PLUMBING, KITCHEN, BATHS, FURNACE, CENTRAL AIR AND NEW WINDOWS. OVER 1700 SF WITH UNFINISHED WALK UP ATTIC. THIS PROPERTY SITS ON A DOUBLE LOT WITH A POSSIBLE ADJACENT THIRD LOT THAT CAN BE PURCHASED FROM THE CITY OF DETROIT. ALL THIS FOR $134,900!!. YOU WON'T FIND A BETTER VALUE IN THE CITY. HOME WARRANTY INCLUDED. LAND CONTRACT TERMS AVAILABLE. NEW ROOF TO BE INSTALLED PRIOR TO CLOSING.

7. 2026-03-21
   status Active

   Show marketing remark (638 chars)

   THIS IS A FANTASTIC OPORTUNITY TO OWN IN AN UP-AND-COMING AREA OF DETROIT. LESS THAN 10 MINUTES FROM DOWNTOWN, FIVE MINUTES FROM NEW CENTER AND MIDTOWN. SHORT WALK TO DEXTER AND JOY ROAD BUS LINES. COMPLETE INTERIOR UPDATES TO INCLUDE ELECTRICAL, PLUMBING, KITCHEN, BATHS, FURNACE, CENTRAL AIR AND NEW WINDOWS. OVER 1700 SF WITH UNFINISHED WALK UP ATTIC. THIS PROPERTY SITS ON A DOUBLE LOT WITH A POSSIBLE ADJACENT THIRD LOT THAT CAN BE PURCHASED FROM THE CITY OF DETROIT. ALL THIS FOR $134,900!!. YOU WON'T FIND A BETTER VALUE IN THE CITY. HOME WARRANTY INCLUDED. LAND CONTRACT TERMS AVAILABLE. NEW ROOF TO BE INSTALLED PRIOR TO CLOSING.

8. 2026-03-19
   status Pending 638-char remark

   Show marketing remark (638 chars)

   THIS IS A FANTASTIC OPORTUNITY TO OWN IN AN UP-AND-COMING AREA OF DETROIT. LESS THAN 10 MINUTES FROM DOWNTOWN, FIVE MINUTES FROM NEW CENTER AND MIDTOWN. SHORT WALK TO DEXTER AND JOY ROAD BUS LINES. COMPLETE INTERIOR UPDATES TO INCLUDE ELECTRICAL, PLUMBING, KITCHEN, BATHS, FURNACE, CENTRAL AIR AND NEW WINDOWS. OVER 1700 SF WITH UNFINISHED WALK UP ATTIC. THIS PROPERTY SITS ON A DOUBLE LOT WITH A POSSIBLE ADJACENT THIRD LOT THAT CAN BE PURCHASED FROM THE CITY OF DETROIT. ALL THIS FOR $134,900!!. YOU WON'T FIND A BETTER VALUE IN THE CITY. HOME WARRANTY INCLUDED. LAND CONTRACT TERMS AVAILABLE. NEW ROOF TO BE INSTALLED PRIOR TO CLOSING.

9. 2026-03-19
   status Pending

   Show marketing remark (638 chars)

   THIS IS A FANTASTIC OPORTUNITY TO OWN IN AN UP-AND-COMING AREA OF DETROIT. LESS THAN 10 MINUTES FROM DOWNTOWN, FIVE MINUTES FROM NEW CENTER AND MIDTOWN. SHORT WALK TO DEXTER AND JOY ROAD BUS LINES. COMPLETE INTERIOR UPDATES TO INCLUDE ELECTRICAL, PLUMBING, KITCHEN, BATHS, FURNACE, CENTRAL AIR AND NEW WINDOWS. OVER 1700 SF WITH UNFINISHED WALK UP ATTIC. THIS PROPERTY SITS ON A DOUBLE LOT WITH A POSSIBLE ADJACENT THIRD LOT THAT CAN BE PURCHASED FROM THE CITY OF DETROIT. ALL THIS FOR $134,900!!. YOU WON'T FIND A BETTER VALUE IN THE CITY. HOME WARRANTY INCLUDED. LAND CONTRACT TERMS AVAILABLE. NEW ROOF TO BE INSTALLED PRIOR TO CLOSING.

10. 2026-03-17
    historical Accepting Backup Offers 638-char remark

    Show marketing remark (638 chars)

    THIS IS A FANTASTIC OPORTUNITY TO OWN IN AN UP-AND-COMING AREA OF DETROIT. LESS THAN 10 MINUTES FROM DOWNTOWN, FIVE MINUTES FROM NEW CENTER AND MIDTOWN. SHORT WALK TO DEXTER AND JOY ROAD BUS LINES. COMPLETE INTERIOR UPDATES TO INCLUDE ELECTRICAL, PLUMBING, KITCHEN, BATHS, FURNACE, CENTRAL AIR AND NEW WINDOWS. OVER 1700 SF WITH UNFINISHED WALK UP ATTIC. THIS PROPERTY SITS ON A DOUBLE LOT WITH A POSSIBLE ADJACENT THIRD LOT THAT CAN BE PURCHASED FROM THE CITY OF DETROIT. ALL THIS FOR $134,900!!. YOU WON'T FIND A BETTER VALUE IN THE CITY. HOME WARRANTY INCLUDED. LAND CONTRACT TERMS AVAILABLE. NEW ROOF TO BE INSTALLED PRIOR TO CLOSING.

11. 2026-03-17
    historical Active Under Contract

    Show marketing remark (638 chars)

    THIS IS A FANTASTIC OPORTUNITY TO OWN IN AN UP-AND-COMING AREA OF DETROIT. LESS THAN 10 MINUTES FROM DOWNTOWN, FIVE MINUTES FROM NEW CENTER AND MIDTOWN. SHORT WALK TO DEXTER AND JOY ROAD BUS LINES. COMPLETE INTERIOR UPDATES TO INCLUDE ELECTRICAL, PLUMBING, KITCHEN, BATHS, FURNACE, CENTRAL AIR AND NEW WINDOWS. OVER 1700 SF WITH UNFINISHED WALK UP ATTIC. THIS PROPERTY SITS ON A DOUBLE LOT WITH A POSSIBLE ADJACENT THIRD LOT THAT CAN BE PURCHASED FROM THE CITY OF DETROIT. ALL THIS FOR $134,900!!. YOU WON'T FIND A BETTER VALUE IN THE CITY. HOME WARRANTY INCLUDED. LAND CONTRACT TERMS AVAILABLE. NEW ROOF TO BE INSTALLED PRIOR TO CLOSING.

12. 2026-03-12
    listed $134,900 Active 638-char remark

    Show marketing remark (638 chars)

    THIS IS A FANTASTIC OPORTUNITY TO OWN IN AN UP-AND-COMING AREA OF DETROIT. LESS THAN 10 MINUTES FROM DOWNTOWN, FIVE MINUTES FROM NEW CENTER AND MIDTOWN. SHORT WALK TO DEXTER AND JOY ROAD BUS LINES. COMPLETE INTERIOR UPDATES TO INCLUDE ELECTRICAL, PLUMBING, KITCHEN, BATHS, FURNACE, CENTRAL AIR AND NEW WINDOWS. OVER 1700 SF WITH UNFINISHED WALK UP ATTIC. THIS PROPERTY SITS ON A DOUBLE LOT WITH A POSSIBLE ADJACENT THIRD LOT THAT CAN BE PURCHASED FROM THE CITY OF DETROIT. ALL THIS FOR $134,900!!. YOU WON'T FIND A BETTER VALUE IN THE CITY. HOME WARRANTY INCLUDED. LAND CONTRACT TERMS AVAILABLE. NEW ROOF TO BE INSTALLED PRIOR TO CLOSING.

13. 2026-03-12
    listed $134,900 Active

    Show marketing remark (638 chars)

    THIS IS A FANTASTIC OPORTUNITY TO OWN IN AN UP-AND-COMING AREA OF DETROIT. LESS THAN 10 MINUTES FROM DOWNTOWN, FIVE MINUTES FROM NEW CENTER AND MIDTOWN. SHORT WALK TO DEXTER AND JOY ROAD BUS LINES. COMPLETE INTERIOR UPDATES TO INCLUDE ELECTRICAL, PLUMBING, KITCHEN, BATHS, FURNACE, CENTRAL AIR AND NEW WINDOWS. OVER 1700 SF WITH UNFINISHED WALK UP ATTIC. THIS PROPERTY SITS ON A DOUBLE LOT WITH A POSSIBLE ADJACENT THIRD LOT THAT CAN BE PURCHASED FROM THE CITY OF DETROIT. ALL THIS FOR $134,900!!. YOU WON'T FIND A BETTER VALUE IN THE CITY. HOME WARRANTY INCLUDED. LAND CONTRACT TERMS AVAILABLE. NEW ROOF TO BE INSTALLED PRIOR TO CLOSING.

14. 2006-11-20
    soldstatus $80,000
15. 2004-01-23
    soldstatus $70,000
16. 1995-01-19
    soldstatus $12,500

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast MI · Partial reset (capped growth)

• Current annual tax: $1,431 · $119/mo
• Projected year-2 tax: $1,754 · $146/mo
• Expected delta: +$323/yr (+$27/mo · 22.6%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥97°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,934
• − Mortgage interest: −$7,556
• − Property taxes: −$1,431
• − Insurance: −$674
• − Repairs & maintenance: −$1,435
• − Management: −$1,435
• − Depreciation: −$3,924
• Taxable income: $1,478
• Est. tax owed @ 24.0%: −$355
• After-tax cash flow: $3,218/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Detroit Public Schools Community District
• NCES district ID: 2601103
• Math proficiency: 10% ▼ -2.00%
• Reading proficiency: 24% ▲ 6.00%
• Median HH income: $25,815
• Composite: 13.06/100
• National rank: #9564
• State rank: #499 of 540 in MI

Livability — Detroit

• Score: 73/100
• State rank: #218
• US rank: #5427

Category grades

Amenities A+ Commute A+ Cost of living A+ Crime F Employment F Housing A+ Health & safety B- User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Detroit, MI
• County: Wayne County · 1,562,939 people
• City population: 572,865
• Metro: Detroit-Warren-Dearborn, MI
• Population (ZIP): 15,227
• Household income: $45,046
• Rent vs Own: 46.4% rent · 53.6% own
• Severe rent burden: 646.0

Population outlook (Wayne County) Hauer SSP2

• Today (2025): 1,675,273 people
• By 2030: 1,620,300 · -3.3%
• By 2040: 1,502,341 · -10.3%
• By 2050: 1,384,039 · -17.4%
• By 2075: 1,124,592 · -32.9%
• By 2100: 881,193 · -47.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Black (81%)
• Race & ethnicity: Black 81% White 12% Two or more races 5% Hispanic / Latino 3%
• Common ancestry: Iranian 3% Romanian 1% Slovak 1%
• Foreign-born: 4% · Canada
• Languages at home: 94% English-only · Spanish 4% Other Indo-European 1%

Political lean MEDSL · Wayne

• 2024 margin: Strong D (+29.0) · D 62.7% · R 33.7% · Other 3.6%
• 2008→2024 swing: -20.5pp toward R · 2008: 49.5pp · 2024: 29.0pp
• All cycles: 2024: D+29.0 2020: D+38.1 2016: D+37.3 2012: D+46.9 2008: D+49.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -139.60%
• Current HPI: 130.9545
• Rent YoY: ▲ 5.20%
• Metro: Detroit-Warren-Dearborn, MI
• State GDP YoY: ▲ 1.37%
• F500 in state: 28

Industry mix (Fortune 500 HQ in MI)

Industry	F500 HQs	Revenue
▸Automotive Parts	3	$48B
▸Automotive	2	$372B
▸Chemicals	1	$45B
▸Automotive Retail	1	$29B
▸Healthcare / Medical Devices	1	$23B
▸Automotive Technology	1	$20B

Price history

+979.2% since first listed

13 events — show timeline

• 2026-04-25 Contingent — MiRealSource-MiMLS
• 2026-04-25 Contingent — REALCOMP
• 2026-03-21 Relisted — MiRealSource-MiMLS
• 2026-03-21 Relisted — REALCOMP
• 2026-03-19 Pending — MiRealSource-MiMLS
• 2026-03-19 Pending — REALCOMP
• 2026-03-17 Contingent — MiRealSource-MiMLS
• 2026-03-17 Contingent — REALCOMP
• 2026-03-12 Listed $134,900 REALCOMP
• 2026-03-12 Listed $134,900 MiRealSource-MiMLS
• 2006-11-20 Sold (Public Records) $80,000 Public Records
• 2004-01-23 Sold (Public Records) $70,000 Public Records
• 1995-01-19 Sold (Public Records) $12,500 Public Records

Property tax history

-1.2%/yr

Latest (2025): $1,431 · +496.4% YoY. Source: county tax records.