16121 Manning St · Detroit, MI 48205

$55,000

3 bd · 1.0 ba · 925 sqft · SingleFamily public records · 185 Days on market

Built 1946 4,356 sqft lot Est $70k · 22% under

---

Why this score? — see what drove the B+ 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 +30.0/30.0
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Livability +3.7/5.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Schools +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

This Detroit bungalow is ready for a fresh start. The previous tenant has moved on, and the home is now awaiting a new owner to step in and make it their own. With over 900 swuare feet of space, the layout is simple and easy to use. The main floor features a bright living room that leads into the kitchen and dining area. You will find two bedrooms and a full bath on the first level, while the upper floor offers a very large third bedroom. The home is easy to keep clean thanks to the laminate flooring found throughout the rooms. You can feel good knowing that many of the major systems have been updated recently, including a newer roof, furnace and hot water tank. Outside, the home has a vinyl exterior and sits on a manageable lot. This is a great chance to own a home with a functional floor plan at an affordable price.

Key facts

• New furnace
• Updated bungalow
• New hot water tank

Tags

• UPDATED BUNGALOW
• NEW ROOF
• NEW FURNACE
• NEW HOT WATER TANK
• REFRESHED FLOORING
• REFRESHED PAINT

🏷️ Possibly a rental listed for sale. The $55,000 price doesn't fit this home's estimated sale value (~$70,300) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $55k.

Deal economics

• At list price, monthly cash flow is $647 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $55k).
• Recommended offer: $48k (12.0% below list) — sets the bar for market timing.
• Cap rate 20.4% vs local median 10.2% in Detroit — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

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 (+1.3%/yr); 373 active listings in the ZIP; 30 comparable units currently listed for rent nearby; rentals at typical pace (median 17d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
• This rent runs 42% of the median local income ($39k/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 $380 of loan paydown is wiped out by about $2k 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 + 1.3% rent growth), your $15k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 185 days — a 12% lower offer ($48k) is reasonable based on typical stale-listing flexibility.
• 20 sale attempts since 30y ago; this cycle's ask has dropped $25k (31%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $25k; list at $55k implies a 120% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: property tax is 2.8% of price; built in 1946 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $48,400 (12.0% below list)

Questions for the listing agent

1. It's been on market 185 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1946 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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?
8. 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.
9. 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.
10. 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: 2.50% ✓
• Cap rate: 20.41%
• Cash-on-cash: 50.44%
• DSCR: 3.24
• GRM: 3.3

CMA / ARV

• ARV (on-the-fly): $70,300
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
16277 Liberal St	0.11mi	3/1.0	945 (+2%)	1mo	$25,000	$26	90
16209 Tacoma St	0.07mi	3/1.0	968 (+5%)	1mo	$62,900	$65	88
16301 Coram St	0.22mi	3/1.0	929 (+0%)	1mo	$19,500	$21	88
18746 Woodside St	0.41mi	3/1.0	921 (-0%)	2mo	$110,000	$119	79
16062 CARLISLE St	0.54mi	3/1.0	957 (+4%)	1mo	$42,000	$44	69
16062 Carlisle St	0.54mi	3/1.0	957 (+4%)	1mo	$42,000	$44	69
16260 Bringard Dr	0.36mi	3/1.0	1,036 (+12%)	0mo	$80,000	$77	63
18591 Kingsville St	0.44mi	2/1.0 (-1)	824 (-11%)	1mo	$74,000	$90	56
12897 Riad St	0.57mi	3/1.0	831 (-10%)	1mo	$63,000	$76	56
18905 Woodland St	0.52mi	3/1.5	1,023 (+11%)	1mo	$105,000	$103	55
12893 Payton St	0.58mi	3/1.0	1,020 (+10%)	1mo	$75,000	$74	55
15644 Carlisle St	0.62mi	3/1.0	1,055 (+14%)	0mo	$129,900	$123	47

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 · 1.33% rent growth · sell at horizon

5-year hold

• IRR: 46.2%
• Equity multiple: 2.95×
• Total profit: $30,096
• Equity at exit: $8,201

10-year hold

• IRR: 51.2%
• Equity multiple: 5.58×
• Total profit: $70,505
• Equity at exit: $4,755

Cash invested: $15,400 (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 48205

• Home prices YoY: -28.1%
• Rents YoY: 1.3%
• Active inventory: 373
• Price-to-rent: 3.3×

Monthly cashflow live

• Estimated rent: $1,374 high
• Mortgage (P&I): −$288
• Tax from tax record: −$127 /mo · $1,527/yr
• Insurance: −$23
• HOA: −$0
• Vacancy / Maint / Mgmt: −$289
• Net cashflow: $647

Break-even live

Break-even rent $555

Max offer price $55,000

Occupancy floor 48%

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: $13,750
• Closing costs: $1,650
• Reserves months: —
• Total cash needed: —

Rent comps 30 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
16225 Manning St Detroit, MI	4.0	2.0	1036	$1,475	$1.42	43d	1	0.06mi
15909 Maddelein St Detroit, MI	3.0	1.0	894	$1,266	$1.42	43d	1	0.31mi
16212 Maddelein St Detroit, MI	2.0	1.0	800	$1,200	$1.50	12d	1	0.32mi
16291 Eastburn St Detroit, MI	3.0	1.0	1000	$1,364	$1.36	24d	1	0.36mi
16410 Edmore Dr Detroit, MI	3.0	1.0	850	$1,250	$1.47	14d	1	0.46mi
15663 Carlisle St Detroit, MI	2.0	1.0	803	$1,050	$1.31	14d	1	0.65mi
12716 Riad St Detroit, MI	3.0	1.0	974	$1,275	$1.31	17d	1	0.67mi
19152 Woodside St Harper Woods, MI	3.0	1.0	916	$1,500	$1.64	17d	1	0.67mi
19144 Moross Rd Detroit, MI	2.0	1.0	900	$1,050	$1.17	43d	1	0.77mi
19365 Kingsville St Harper Woods, MI	4.0	1.5	996	$1,650	$1.66	14d	1	0.84mi
12075 Rossiter St Detroit, MI	3.0	1.0	1100	$1,245	$1.13	14d	1	0.88mi
12075 Rossiter St Detroit, MI	3.0	1.0	1100	$1,245	$1.13	43d	1	0.88mi
15494 Mapleridge St Detroit, MI	3.0	1.0	937	$1,275	$1.36	43d	1	0.90mi
19442 Kingsville St Harper Woods, MI	3.0	1.0	1000	$1,500	$1.50	17d	1	0.92mi
12201 Morang Ave Unit 8 Detroit, MI	2.0	1.0	610	$875	$1.43	43d	1	0.95mi
19661 Kenosha St Harper Woods, MI	3.0	2.0	1000	$1,400	$1.40	24d	1	1.01mi
19639 Moross Rd Unit 1 Detroit, MI	2.0	1.0	900	$1,100	$1.22	43d	1	1.03mi
11776 Rossiter St Detroit, MI	3.0	1.0	964	$1,150	$1.19	11d	1	1.04mi
14461 Lappin St Detroit, MI	3.0	1.5	989	$1,150	$1.16	17d	1	1.06mi
11611 Morang Ave Detroit, MI	1.0–2.0	1.0	709	$1,040	$1.47	43d	1	1.12mi
11529 Roxbury St Detroit, MI	2.0	1.0	720	$1,200	$1.67	12d	1	1.14mi
19982 McCormick St Detroit, MI	3.0	1.0	866	$1,200	$1.39	3d	1	1.23mi
15010 Cedargrove St Detroit, MI	3.0	1.5	1018	$1,350	$1.33	43d	1	1.28mi
11235 Roxbury St Detroit, MI	3.0	1.0	1062	$1,325	$1.25	17d	1	1.32mi
10985 Peerless St Detroit, MI	3.0	1.0	1000	$1,364	$1.36	4d	1	1.36mi
14068 Carlisle St Detroit, MI	3.0	1.0	1020	$1,300	$1.27	24d	1	1.37mi
20015 Lochmoor St Harper Woods, MI	3.0	1.0	1006	$1,500	$1.49	16d	1	1.37mi
20600 Balfour St Harper Woods, MI	1.0–2.0	1.0–2.0	971	$1,671	$1.72	1d	12	1.45mi
10692 Meuse St Detroit, MI	3.0	1.0	955	$1,250	$1.31	12d	1	1.49mi
20461 Kingsville St Harper Woods, MI	4.0	1.0	1100	$1,399	$1.27	14d	1	1.49mi

Listing history 50 events

1. 2026-06-18
   days on market $55,000 Active 185 DOM
2. 2026-06-17
   days on market $55,000 Active 184 DOM
3. 2026-06-15
   days on market $55,000 Active 182 DOM
4. 2026-06-13
   days on market $55,000 Active 180 DOM
5. 2026-06-13
   days on market $55,000 Active 179 DOM
6. 2026-06-09
   days on market $55,000 Active 176 DOM
7. 2026-06-08
   days on market $55,000 Active 175 DOM
8. 2026-06-07
   pricestatusdays on market $55,000 Active 174 DOM
9. 2026-04-21
   status Pending 829-char remark

   Show marketing remark (829 chars)

   This Detroit bungalow is ready for a fresh start. The previous tenant has moved on, and the home is now awaiting a new owner to step in and make it their own. With over 900 swuare feet of space, the layout is simple and easy to use. The main floor features a bright living room that leads into the kitchen and dining area. You will find two bedrooms and a full bath on the first level, while the upper floor offers a very large third bedroom. The home is easy to keep clean thanks to the laminate flooring found throughout the rooms. You can feel good knowing that many of the major systems have been updated recently, including a newer roof, furnace and hot water tank. Outside, the home has a vinyl exterior and sits on a manageable lot. This is a great chance to own a home with a functional floor plan at an affordable price.

10. 2026-04-21
    status Pending

    Show marketing remark (829 chars)

    This Detroit bungalow is ready for a fresh start. The previous tenant has moved on, and the home is now awaiting a new owner to step in and make it their own. With over 900 swuare feet of space, the layout is simple and easy to use. The main floor features a bright living room that leads into the kitchen and dining area. You will find two bedrooms and a full bath on the first level, while the upper floor offers a very large third bedroom. The home is easy to keep clean thanks to the laminate flooring found throughout the rooms. You can feel good knowing that many of the major systems have been updated recently, including a newer roof, furnace and hot water tank. Outside, the home has a vinyl exterior and sits on a manageable lot. This is a great chance to own a home with a functional floor plan at an affordable price.

11. 2026-01-16
    price $77,000 829-char remark

    Show marketing remark (829 chars)

    This Detroit bungalow is ready for a fresh start. The previous tenant has moved on, and the home is now awaiting a new owner to step in and make it their own. With over 900 swuare feet of space, the layout is simple and easy to use. The main floor features a bright living room that leads into the kitchen and dining area. You will find two bedrooms and a full bath on the first level, while the upper floor offers a very large third bedroom. The home is easy to keep clean thanks to the laminate flooring found throughout the rooms. You can feel good knowing that many of the major systems have been updated recently, including a newer roof, furnace and hot water tank. Outside, the home has a vinyl exterior and sits on a manageable lot. This is a great chance to own a home with a functional floor plan at an affordable price.

12. 2026-01-16
    price $77,000

    Show marketing remark (829 chars)

    This Detroit bungalow is ready for a fresh start. The previous tenant has moved on, and the home is now awaiting a new owner to step in and make it their own. With over 900 swuare feet of space, the layout is simple and easy to use. The main floor features a bright living room that leads into the kitchen and dining area. You will find two bedrooms and a full bath on the first level, while the upper floor offers a very large third bedroom. The home is easy to keep clean thanks to the laminate flooring found throughout the rooms. You can feel good knowing that many of the major systems have been updated recently, including a newer roof, furnace and hot water tank. Outside, the home has a vinyl exterior and sits on a manageable lot. This is a great chance to own a home with a functional floor plan at an affordable price.

13. 2026-01-09
    price $78,000 829-char remark

    Show marketing remark (829 chars)

    This Detroit bungalow is ready for a fresh start. The previous tenant has moved on, and the home is now awaiting a new owner to step in and make it their own. With over 900 swuare feet of space, the layout is simple and easy to use. The main floor features a bright living room that leads into the kitchen and dining area. You will find two bedrooms and a full bath on the first level, while the upper floor offers a very large third bedroom. The home is easy to keep clean thanks to the laminate flooring found throughout the rooms. You can feel good knowing that many of the major systems have been updated recently, including a newer roof, furnace and hot water tank. Outside, the home has a vinyl exterior and sits on a manageable lot. This is a great chance to own a home with a functional floor plan at an affordable price.

14. 2026-01-08
    price $78,000
15. 2026-01-02
    price $79,000 829-char remark

    Show marketing remark (829 chars)

    This Detroit bungalow is ready for a fresh start. The previous tenant has moved on, and the home is now awaiting a new owner to step in and make it their own. With over 900 swuare feet of space, the layout is simple and easy to use. The main floor features a bright living room that leads into the kitchen and dining area. You will find two bedrooms and a full bath on the first level, while the upper floor offers a very large third bedroom. The home is easy to keep clean thanks to the laminate flooring found throughout the rooms. You can feel good knowing that many of the major systems have been updated recently, including a newer roof, furnace and hot water tank. Outside, the home has a vinyl exterior and sits on a manageable lot. This is a great chance to own a home with a functional floor plan at an affordable price.

16. 2026-01-02
    price $79,000

    Show marketing remark (829 chars)

    This Detroit bungalow is ready for a fresh start. The previous tenant has moved on, and the home is now awaiting a new owner to step in and make it their own. With over 900 swuare feet of space, the layout is simple and easy to use. The main floor features a bright living room that leads into the kitchen and dining area. You will find two bedrooms and a full bath on the first level, while the upper floor offers a very large third bedroom. The home is easy to keep clean thanks to the laminate flooring found throughout the rooms. You can feel good knowing that many of the major systems have been updated recently, including a newer roof, furnace and hot water tank. Outside, the home has a vinyl exterior and sits on a manageable lot. This is a great chance to own a home with a functional floor plan at an affordable price.

17. 2025-11-01
    listed $80,000 Active

    Show marketing remark (829 chars)

    This Detroit bungalow is ready for a fresh start. The previous tenant has moved on, and the home is now awaiting a new owner to step in and make it their own. With over 900 swuare feet of space, the layout is simple and easy to use. The main floor features a bright living room that leads into the kitchen and dining area. You will find two bedrooms and a full bath on the first level, while the upper floor offers a very large third bedroom. The home is easy to keep clean thanks to the laminate flooring found throughout the rooms. You can feel good knowing that many of the major systems have been updated recently, including a newer roof, furnace and hot water tank. Outside, the home has a vinyl exterior and sits on a manageable lot. This is a great chance to own a home with a functional floor plan at an affordable price.

18. 2025-11-01
    listed $80,000 Active 829-char remark

    Show marketing remark (829 chars)

    This Detroit bungalow is ready for a fresh start. The previous tenant has moved on, and the home is now awaiting a new owner to step in and make it their own. With over 900 swuare feet of space, the layout is simple and easy to use. The main floor features a bright living room that leads into the kitchen and dining area. You will find two bedrooms and a full bath on the first level, while the upper floor offers a very large third bedroom. The home is easy to keep clean thanks to the laminate flooring found throughout the rooms. You can feel good knowing that many of the major systems have been updated recently, including a newer roof, furnace and hot water tank. Outside, the home has a vinyl exterior and sits on a manageable lot. This is a great chance to own a home with a functional floor plan at an affordable price.

19. 2025-03-08
    historical $800
20. 2025-02-20
    listed $800
21. 2025-02-20
    historical $800
22. 2025-02-16
    listed $800
23. 2025-02-16
    historical $1,000
24. 2025-02-13
    listed $1,000
25. 2025-01-23
    historical $1,000
26. 2024-12-07
    price $1,000
27. 2024-11-06
    listed $1,100
28. 2024-10-12
    historical $1,100
29. 2024-10-07
    historical
30. 2024-10-07
    historical
31. 2024-09-26
    price $71,000
32. 2024-09-25
    price $71,000
33. 2024-09-05
    price $79,000
34. 2024-09-04
    price $79,000
35. 2024-08-10
    price $85,000
36. 2024-08-10
    price $85,000
37. 2024-07-18
    listed $1,100
38. 2024-05-31
    price $89,000
39. 2024-05-31
    price $89,000
40. 2024-04-22
    listed $90,000 Active
41. 2024-04-15
    listed $90,000 Active
42. 2024-02-09
    soldstatus $25,000 Sold
43. 2024-02-09
    soldstatus $25,000 Closed
44. 2024-01-18
    status Pending
45. 2024-01-18
    status Pending
46. 2023-12-12
    listed $31,900 Active
47. 2023-12-12
    listed $31,900 Active
48. 2022-03-29
    soldstatus $10,000 Sold
49. 2022-03-29
    soldstatus $10,000 Closed
50. 2022-03-17
    status Pending

ⓘ 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: $1,527 · $127/mo
• Projected year-2 tax: $1,527 · $127/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

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

Climate risk First Street

• 🌊 Flood 3/10 Moderate FEMA zone X (unshaded) · 20% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥95°F today · 14 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,494
• − Mortgage interest: −$3,081
• − Property taxes: −$1,527
• − Insurance: −$275
• − Repairs & maintenance: −$1,320
• − Management: −$1,320
• − Depreciation: −$1,600
• Taxable income: $7,372
• Est. tax owed @ 24.0%: −$1,769
• After-tax cash flow: $5,998/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): 34,187
• Household income: $38,966
• Rent vs Own: 49.4% rent · 50.6% own
• Severe rent burden: 2121.0

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 (93%)
• Race & ethnicity: Black 93% White 3% Two or more races 2%
• Foreign-born: 1% · Canada
• Languages at home: 98% English-only · Spanish 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: ▼ -91.80%
• Current HPI: 235.0926
• Rent YoY: ▲ 1.33%
• 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

+134.0% since first listed

63 events — show timeline

• 2026-04-21 Pending — MiRealSource-MiMLS
• 2026-04-21 Pending — REALCOMP
• 2026-01-16 Price Changed $77,000 MiRealSource-MiMLS
• 2026-01-16 Price Changed $77,000 REALCOMP
• 2026-01-09 Price Changed $78,000 MiRealSource-MiMLS
• 2026-01-08 Price Changed $78,000 REALCOMP
• 2026-01-02 Price Changed $79,000 MiRealSource-MiMLS
• 2026-01-02 Price Changed $79,000 REALCOMP
• 2025-11-01 Listed $80,000 REALCOMP
• 2025-11-01 Listed $80,000 MiRealSource-MiMLS
• 2025-03-08 Rental Removed $800 PROPERTYWARE
• 2025-02-20 Listed for Rent $800 PROPERTYWARE
• 2025-02-20 Rental Removed $800 APPFOLIO
• 2025-02-16 Listed for Rent $800 APPFOLIO
• 2025-02-16 Rental Removed $1,000 PROPERTYWARE
• 2025-02-13 Listed for Rent $1,000 PROPERTYWARE
• 2025-01-23 Rental Removed $1,000 PROPERTYWARE
• 2024-12-07 Price Changed $1,000 PROPERTYWARE
• 2024-11-06 Listed for Rent $1,100 PROPERTYWARE
• 2024-10-12 Rental Removed $1,100 PROPERTYWARE
• 2024-10-07 Listing Removed — MiRealSource-MiMLS
• 2024-10-07 Listing Removed — REALCOMP
• 2024-09-26 Price Changed $71,000 MiRealSource-MiMLS
• 2024-09-25 Price Changed $71,000 REALCOMP
• 2024-09-05 Price Changed $79,000 MiRealSource-MiMLS
• 2024-09-04 Price Changed $79,000 REALCOMP
• 2024-08-10 Price Changed $85,000 MiRealSource-MiMLS
• 2024-08-10 Price Changed $85,000 REALCOMP
• 2024-07-18 Listed for Rent $1,100 PROPERTYWARE
• 2024-05-31 Price Changed $89,000 MiRealSource-MiMLS
• 2024-05-31 Price Changed $89,000 REALCOMP
• 2024-04-22 Listed $90,000 REALCOMP
• 2024-04-15 Listed $90,000 MiRealSource-MiMLS
• 2024-02-09 Sold (MLS) $25,000 MiRealSource-MiMLS
• 2024-02-09 Sold (MLS) $25,000 REALCOMP
• 2024-01-18 Pending — MiRealSource-MiMLS
• 2024-01-18 Pending — REALCOMP
• 2023-12-12 Listed $31,900 MiRealSource-MiMLS
• 2023-12-12 Listed $31,900 REALCOMP
• 2022-03-29 Sold (MLS) $10,000 MiRealSource-MiMLS
• 2022-03-29 Sold (MLS) $10,000 REALCOMP
• 2022-03-17 Pending — MiRealSource-MiMLS
• 2022-03-17 Pending — REALCOMP
• 2022-03-15 Listed $17,000 MiRealSource-MiMLS
• 2022-03-15 Listed $17,000 REALCOMP
• 2020-09-23 Sold (MLS) $15,000 MiRealSource-MiMLS
• 2020-09-23 Sold (MLS) $15,000 REALCOMP
• 2020-08-20 Pending — MiRealSource-MiMLS
• 2020-08-20 Pending — REALCOMP
• 2020-08-03 Listed $15,000 MiRealSource-MiMLS
• 2020-08-03 Listed $15,000 REALCOMP
• 2020-06-07 Listing Removed — REALCOMP
• 2020-06-07 Listing Removed — MiRealSource-MiMLS
• 2019-10-07 Listed $38,000 MiRealSource-MiMLS
• 2019-10-07 Listed $38,000 REALCOMP
• 2019-08-07 Listing Removed — REALCOMP
• 2019-08-07 Listing Removed — MiRealSource-MiMLS
• 2019-06-01 Listed $45,000 MiRealSource-MiMLS
• 2019-06-01 Listed $45,000 REALCOMP
• 1996-06-20 Sold (MLS) $32,900 MiRealSource-MiMLS
• 1996-06-12 Sold (Public Records) $32,900 Public Records
• 1996-04-17 Listing Removed — MiRealSource-MiMLS
• 1996-04-05 Listed $32,900 MiRealSource-MiMLS

Property tax history

+1.1%/yr

Latest (2025): $1,527 · -49.9% YoY. Source: county tax records.