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15782 Ohio St
C+ Composite 60.52
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 +29.9/30.0
  • DSCR +10.0/10.0
  • 1% rule +9.1/10.0
  • Rent growth +4.0/5.0
  • Livability +3.7/5.0
  • Condition / age +2.5/5.0
  • Schools +1.3/10.0
  • ARV discount +0.0/15.0
  • Appreciation +0.0/10.0

$108,999

15782 Ohio St · Detroit, MI 48238
4 bd · 1.5 ba · 1,776 sqft · Townhouse public records · 581 Days on market
Built 1929 3,049 sqft lot $61/sqft · 62% above area Est $89k · 22% over ↓ 9% since listing

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome to 15782 Ohio, a Tenant Occupied Brick 2 unit 2 story Colonial Multifamily home located in the Fitzgerald / Marygrove area. Walking distance to the Ella Fitzgerald Greenway Park Path that connects The Marygrove Conservancy to The University of Detroit Mercy area. Home has newer model 3 dimensional design style roof, remote CCTV security monitoring on site and very well maintained original wood highlights throughout. Finished basement with bar, lavatory in process of remodeling and security monotoring room. New plumbing stack. Each unit has a sizable kitchen and separated dining room area. Living room flows into a dining area to be redesigned to marry the kitchen in a lovely union of open floor concept design, a great reward for those with the expertise and know how to do so. Walking distance from Marygrove College, Marygrove Early Education Center and Marygrove Highschool. Located near public transportation, Lollo Park, Ella Fitzgerald Park, Urban League of Detroit & Southeastern Michigan, Mary McLeod Bethune Elementary-Middle School, Grocery stores, The Avenue of Fashion and other fine points of interest. Home is very close to the John C. Lodge Freeway, a direct route to the newly remodeled Downtown Detroit area! Shown by appointment with 48 hour advance notice to qualified buyers, only after offer submission based upon inspection. Please do not approach property without a licensed agent and prior appointment, tenant has legal right to quiet peaceful enjoyment. Home being sold "As Is" with Warranty Deed transfer. Agent related to principle. Buyer representative to verify all information and water read ~ BATVAI ~ 495 office transaction fee buyer payable at closing.

Key facts

  • 3,049 sq ft lot
  • Built 1929
  • Listed 580 days

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 4-bed/1.5-bath townhouse listed at $109k.

Deal economics

  • At list price, monthly cash flow is $404 ($5k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $109k).
  • Recommended offer: $96k (12.0% 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 (+6.1%/yr); 348 active listings in the ZIP; 21 comparable units currently listed for rent nearby; rentals at typical pace (median 22d 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).
  • At $1,538/mo this rent would consume 55% of the median local household income ($33k/yr) (locally 2172% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $753 of loan paydown is wiped out by about $3k 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 + 6.1% rent growth), your $31k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 581 days — a 12% lower offer ($96k) is reasonable based on typical stale-listing flexibility.
  • 4 sale attempts since 2y ago; this cycle's ask has dropped $11k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Watch-outs: built in 1929 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $95,919 (12.0% below list)

Questions for the listing agent

  1. It's been on market 581 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 1929 — 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
1.41%
Cap rate
10.74%
Cash-on-cash
15.89%
DSCR
1.71
GRM
5.9

CMA / ARV

ARV (median comp)
$89,250
List price
$108,999
Delta
22.13%
Verdict
OVERPRICED
Comps
20 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 6.14% rent growth · sell at horizon

5-year hold
IRR
10.5%
Equity multiple
1.43×
Total profit
$13,151
Equity at exit
$16,252
10-year hold
IRR
22.1%
Equity multiple
3.19×
Total profit
$66,773
Equity at exit
$9,424

Cash invested: $30,520 (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.

ZIP-level market 48238

Home prices YoY
-14.4%
Rents YoY
6.1%
Active inventory
348
Price-to-rent
5.9×

Monthly cashflow live

Estimated rent
$1,538 high interval (Pro) →
Mortgage (P&I)
$572
Tax from tax record
$194 /mo · $2,324/yr
Insurance
$45
HOA
$0
Vacancy / Maint / Mgmt
$323
Net cashflow
$404

Break-even live

Break-even rent $1,026
Max offer price $108,999
Occupancy floor 69%

Sensitivity live

Price -10% $466 -5% $435 +0% $404 +5% $373 +10% $343
Rent -10% $283 -5% $343 +0% $404 +5% $465 +10% $526
Rate -1.0pp $459 -0.5pp $432 base $404 +0.5pp $376 +1.0pp $347

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
$27,250
Closing costs
$3,270
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 21 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
15756 Ohio St Detroit, MI 5.0 2.0 1934 $1,700 $0.88 25d 1 0.07mi
15457 Cloverlawn St Detroit, MI 3.0 2.0 1500 $1,275 $0.85 25d 1 0.22mi
16183 Wisconsin St Detroit, MI 3.0 1.5 1370 $1,400 $1.02 44d 1 0.23mi
16211 Kentucky St Detroit, MI 4.0 2.0 2168 $1,995 $0.92 18d 1 0.32mi
16546 Wisconsin St Detroit, MI 3.0 1.0 1577 $1,500 $0.95 44d 1 0.35mi
15708 Birwood St Detroit, MI 3.0 1.0 1255 $1,100 $0.88 6d 1 0.47mi
16255 Lilac St Detroit, MI 3.0 1.0 1312 $1,394 $1.06 18d 1 0.49mi
16889 Washburn St Detroit, MI 3.0 1.5 1300 $1,100 $0.85 18d 1 0.63mi
16934 Ilene St Detroit, MI 3.0 1.5 1516 $1,400 $0.92 21d 1 0.69mi
16582 Santa Rosa Dr Detroit, MI 3.0 1.0 1314 $1,399 $1.06 18d 1 0.74mi
17163 Prairie St Unit 1B Detroit, MI 3.0 1.5 1317 $1,350 $1.03 44d 1 0.85mi
Ohio St Unit 4 Detroit, MI 4.0 1.5 1400 $750 $0.54 44d 1 0.88mi
17530 Roselawn St Unit 1 Detroit, MI 3.0 2.0 1600 $2,000 $1.25 25d 1 0.92mi
16230 Cheyenne St Detroit, MI 3.0 1.0 1653 $1,450 $0.88 44d 1 1.05mi
14242 Ohio St Detroit, MI 4.0 1.0 1400 $1,000 $0.71 44d 1 1.07mi
14011 Roselawn St Detroit, MI 4.0 1.5 1300 $1,450 $1.12 18d 1 1.24mi
14011 Roselawn St Detroit, MI 4.0 1.5 1300 $1,450 $1.12 2d 1 1.24mi
13979 Cherrylawn St Detroit, MI 3.0 1.0 1296 $1,334 $1.03 21d 1 1.26mi
13620 Kentucky St Detroit, MI 3.0 1.0 1248 $1,200 $0.96 6d 1 1.40mi
16503 Linwood St Detroit, MI 4.0 2.0 2415 $1,800 $0.75 4d 1 1.41mi
16505 Stansbury St Detroit, MI 3.0 1.0 1700 $1,345 $0.79 44d 1 1.46mi

Listing history 29 events

  1. 2026-06-21
    days on market $108,999 Active 581 DOM
  2. 2026-06-18
    days on market $108,999 Active 578 DOM
  3. 2026-06-17
    days on market $108,999 Active 577 DOM
  4. 2026-06-15
    days on market $108,999 Active 575 DOM
  5. 2026-06-13
    days on market $108,999 Active 573 DOM
  6. 2026-06-13
    days on market $108,999 Active 572 DOM
  7. 2026-06-09
    days on market $108,999 Active 569 DOM
  8. 2026-06-08
    days on market $108,999 Active 568 DOM
  9. 2026-06-07
    days on market $108,999 Active 567 DOM
  10. 2026-06-04
    days on market $108,999 Active 564 DOM
  11. 2026-06-03
    days on market $108,999 Active 563 DOM
  12. 2026-06-01
    days on market $108,999 Active 561 DOM
  13. 2026-05-31
    days on market $108,999 Active 560 DOM
  14. 2025-04-09
    status Active 1717-char remark
    Show marketing remark (1717 chars)

    Welcome to 15782 Ohio, a Tenant Occupied Brick 2 unit 2 story Colonial Multifamily home located in the Fitzgerald / Marygrove area. Walking distance to the Ella Fitzgerald Greenway Park Path that connects The Marygrove Conservancy to The University of Detroit Mercy area. Home has newer model 3 dimensional design style roof, remote CCTV security monitoring on site and very well maintained original wood highlights throughout. Finished basement with bar, lavatory in process of remodeling and security monotoring room. New plumbing stack. Each unit has a sizable kitchen and separated dining room area. Living room flows into a dining area to be redesigned to marry the kitchen in a lovely union of open floor concept design, a great reward for those with the expertise and know how to do so. Walking distance from Marygrove College, Marygrove Early Education Center and Marygrove Highschool. Located near public transportation, Lollo Park, Ella Fitzgerald Park, Urban League of Detroit & Southeastern Michigan, Mary McLeod Bethune Elementary-Middle School, Grocery stores, The Avenue of Fashion and other fine points of interest. Home is very close to the John C. Lodge Freeway, a direct route to the newly remodeled Downtown Detroit area! Shown by appointment with 48 hour advance notice to qualified buyers, only after offer submission based upon inspection. Please do not approach property without a licensed agent and prior appointment, tenant has legal right to quiet peaceful enjoyment. Home being sold "As Is" with Warranty Deed transfer. Agent related to principle. Buyer representative to verify all information and water read ~ BATVAI ~ 495 office transaction fee buyer payable at closing.

  15. 2025-04-09
    status Active 1717-char remark
    Show marketing remark (1717 chars)

    Welcome to 15782 Ohio, a Tenant Occupied Brick 2 unit 2 story Colonial Multifamily home located in the Fitzgerald / Marygrove area. Walking distance to the Ella Fitzgerald Greenway Park Path that connects The Marygrove Conservancy to The University of Detroit Mercy area. Home has newer model 3 dimensional design style roof, remote CCTV security monitoring on site and very well maintained original wood highlights throughout. Finished basement with bar, lavatory in process of remodeling and security monotoring room. New plumbing stack. Each unit has a sizable kitchen and separated dining room area. Living room flows into a dining area to be redesigned to marry the kitchen in a lovely union of open floor concept design, a great reward for those with the expertise and know how to do so. Walking distance from Marygrove College, Marygrove Early Education Center and Marygrove Highschool. Located near public transportation, Lollo Park, Ella Fitzgerald Park, Urban League of Detroit & Southeastern Michigan, Mary McLeod Bethune Elementary-Middle School, Grocery stores, The Avenue of Fashion and other fine points of interest. Home is very close to the John C. Lodge Freeway, a direct route to the newly remodeled Downtown Detroit area! Shown by appointment with 48 hour advance notice to qualified buyers, only after offer submission based upon inspection. Please do not approach property without a licensed agent and prior appointment, tenant has legal right to quiet peaceful enjoyment. Home being sold "As Is" with Warranty Deed transfer. Agent related to principle. Buyer representative to verify all information and water read ~ BATVAI ~ 495 office transaction fee buyer payable at closing.

  16. 2025-03-28
    historical Accepting Backup Offers 1717-char remark
    Show marketing remark (1717 chars)

    Welcome to 15782 Ohio, a Tenant Occupied Brick 2 unit 2 story Colonial Multifamily home located in the Fitzgerald / Marygrove area. Walking distance to the Ella Fitzgerald Greenway Park Path that connects The Marygrove Conservancy to The University of Detroit Mercy area. Home has newer model 3 dimensional design style roof, remote CCTV security monitoring on site and very well maintained original wood highlights throughout. Finished basement with bar, lavatory in process of remodeling and security monotoring room. New plumbing stack. Each unit has a sizable kitchen and separated dining room area. Living room flows into a dining area to be redesigned to marry the kitchen in a lovely union of open floor concept design, a great reward for those with the expertise and know how to do so. Walking distance from Marygrove College, Marygrove Early Education Center and Marygrove Highschool. Located near public transportation, Lollo Park, Ella Fitzgerald Park, Urban League of Detroit & Southeastern Michigan, Mary McLeod Bethune Elementary-Middle School, Grocery stores, The Avenue of Fashion and other fine points of interest. Home is very close to the John C. Lodge Freeway, a direct route to the newly remodeled Downtown Detroit area! Shown by appointment with 48 hour advance notice to qualified buyers, only after offer submission based upon inspection. Please do not approach property without a licensed agent and prior appointment, tenant has legal right to quiet peaceful enjoyment. Home being sold "As Is" with Warranty Deed transfer. Agent related to principle. Buyer representative to verify all information and water read ~ BATVAI ~ 495 office transaction fee buyer payable at closing.

  17. 2025-03-28
    historical Active Under Contract 1717-char remark
    Show marketing remark (1717 chars)

    Welcome to 15782 Ohio, a Tenant Occupied Brick 2 unit 2 story Colonial Multifamily home located in the Fitzgerald / Marygrove area. Walking distance to the Ella Fitzgerald Greenway Park Path that connects The Marygrove Conservancy to The University of Detroit Mercy area. Home has newer model 3 dimensional design style roof, remote CCTV security monitoring on site and very well maintained original wood highlights throughout. Finished basement with bar, lavatory in process of remodeling and security monotoring room. New plumbing stack. Each unit has a sizable kitchen and separated dining room area. Living room flows into a dining area to be redesigned to marry the kitchen in a lovely union of open floor concept design, a great reward for those with the expertise and know how to do so. Walking distance from Marygrove College, Marygrove Early Education Center and Marygrove Highschool. Located near public transportation, Lollo Park, Ella Fitzgerald Park, Urban League of Detroit & Southeastern Michigan, Mary McLeod Bethune Elementary-Middle School, Grocery stores, The Avenue of Fashion and other fine points of interest. Home is very close to the John C. Lodge Freeway, a direct route to the newly remodeled Downtown Detroit area! Shown by appointment with 48 hour advance notice to qualified buyers, only after offer submission based upon inspection. Please do not approach property without a licensed agent and prior appointment, tenant has legal right to quiet peaceful enjoyment. Home being sold "As Is" with Warranty Deed transfer. Agent related to principle. Buyer representative to verify all information and water read ~ BATVAI ~ 495 office transaction fee buyer payable at closing.

  18. 2025-03-10
    price $108,999 1717-char remark
    Show marketing remark (1717 chars)

    Welcome to 15782 Ohio, a Tenant Occupied Brick 2 unit 2 story Colonial Multifamily home located in the Fitzgerald / Marygrove area. Walking distance to the Ella Fitzgerald Greenway Park Path that connects The Marygrove Conservancy to The University of Detroit Mercy area. Home has newer model 3 dimensional design style roof, remote CCTV security monitoring on site and very well maintained original wood highlights throughout. Finished basement with bar, lavatory in process of remodeling and security monotoring room. New plumbing stack. Each unit has a sizable kitchen and separated dining room area. Living room flows into a dining area to be redesigned to marry the kitchen in a lovely union of open floor concept design, a great reward for those with the expertise and know how to do so. Walking distance from Marygrove College, Marygrove Early Education Center and Marygrove Highschool. Located near public transportation, Lollo Park, Ella Fitzgerald Park, Urban League of Detroit & Southeastern Michigan, Mary McLeod Bethune Elementary-Middle School, Grocery stores, The Avenue of Fashion and other fine points of interest. Home is very close to the John C. Lodge Freeway, a direct route to the newly remodeled Downtown Detroit area! Shown by appointment with 48 hour advance notice to qualified buyers, only after offer submission based upon inspection. Please do not approach property without a licensed agent and prior appointment, tenant has legal right to quiet peaceful enjoyment. Home being sold "As Is" with Warranty Deed transfer. Agent related to principle. Buyer representative to verify all information and water read ~ BATVAI ~ 495 office transaction fee buyer payable at closing.

  19. 2025-03-10
    price $108,999 1717-char remark
    Show marketing remark (1717 chars)

    Welcome to 15782 Ohio, a Tenant Occupied Brick 2 unit 2 story Colonial Multifamily home located in the Fitzgerald / Marygrove area. Walking distance to the Ella Fitzgerald Greenway Park Path that connects The Marygrove Conservancy to The University of Detroit Mercy area. Home has newer model 3 dimensional design style roof, remote CCTV security monitoring on site and very well maintained original wood highlights throughout. Finished basement with bar, lavatory in process of remodeling and security monotoring room. New plumbing stack. Each unit has a sizable kitchen and separated dining room area. Living room flows into a dining area to be redesigned to marry the kitchen in a lovely union of open floor concept design, a great reward for those with the expertise and know how to do so. Walking distance from Marygrove College, Marygrove Early Education Center and Marygrove Highschool. Located near public transportation, Lollo Park, Ella Fitzgerald Park, Urban League of Detroit & Southeastern Michigan, Mary McLeod Bethune Elementary-Middle School, Grocery stores, The Avenue of Fashion and other fine points of interest. Home is very close to the John C. Lodge Freeway, a direct route to the newly remodeled Downtown Detroit area! Shown by appointment with 48 hour advance notice to qualified buyers, only after offer submission based upon inspection. Please do not approach property without a licensed agent and prior appointment, tenant has legal right to quiet peaceful enjoyment. Home being sold "As Is" with Warranty Deed transfer. Agent related to principle. Buyer representative to verify all information and water read ~ BATVAI ~ 495 office transaction fee buyer payable at closing.

  20. 2025-01-25
    price $109,499 1717-char remark
    Show marketing remark (1717 chars)

    Welcome to 15782 Ohio, a Tenant Occupied Brick 2 unit 2 story Colonial Multifamily home located in the Fitzgerald / Marygrove area. Walking distance to the Ella Fitzgerald Greenway Park Path that connects The Marygrove Conservancy to The University of Detroit Mercy area. Home has newer model 3 dimensional design style roof, remote CCTV security monitoring on site and very well maintained original wood highlights throughout. Finished basement with bar, lavatory in process of remodeling and security monotoring room. New plumbing stack. Each unit has a sizable kitchen and separated dining room area. Living room flows into a dining area to be redesigned to marry the kitchen in a lovely union of open floor concept design, a great reward for those with the expertise and know how to do so. Walking distance from Marygrove College, Marygrove Early Education Center and Marygrove Highschool. Located near public transportation, Lollo Park, Ella Fitzgerald Park, Urban League of Detroit & Southeastern Michigan, Mary McLeod Bethune Elementary-Middle School, Grocery stores, The Avenue of Fashion and other fine points of interest. Home is very close to the John C. Lodge Freeway, a direct route to the newly remodeled Downtown Detroit area! Shown by appointment with 48 hour advance notice to qualified buyers, only after offer submission based upon inspection. Please do not approach property without a licensed agent and prior appointment, tenant has legal right to quiet peaceful enjoyment. Home being sold "As Is" with Warranty Deed transfer. Agent related to principle. Buyer representative to verify all information and water read ~ BATVAI ~ 495 office transaction fee buyer payable at closing.

  21. 2025-01-25
    price $109,499 1717-char remark
    Show marketing remark (1717 chars)

    Welcome to 15782 Ohio, a Tenant Occupied Brick 2 unit 2 story Colonial Multifamily home located in the Fitzgerald / Marygrove area. Walking distance to the Ella Fitzgerald Greenway Park Path that connects The Marygrove Conservancy to The University of Detroit Mercy area. Home has newer model 3 dimensional design style roof, remote CCTV security monitoring on site and very well maintained original wood highlights throughout. Finished basement with bar, lavatory in process of remodeling and security monotoring room. New plumbing stack. Each unit has a sizable kitchen and separated dining room area. Living room flows into a dining area to be redesigned to marry the kitchen in a lovely union of open floor concept design, a great reward for those with the expertise and know how to do so. Walking distance from Marygrove College, Marygrove Early Education Center and Marygrove Highschool. Located near public transportation, Lollo Park, Ella Fitzgerald Park, Urban League of Detroit & Southeastern Michigan, Mary McLeod Bethune Elementary-Middle School, Grocery stores, The Avenue of Fashion and other fine points of interest. Home is very close to the John C. Lodge Freeway, a direct route to the newly remodeled Downtown Detroit area! Shown by appointment with 48 hour advance notice to qualified buyers, only after offer submission based upon inspection. Please do not approach property without a licensed agent and prior appointment, tenant has legal right to quiet peaceful enjoyment. Home being sold "As Is" with Warranty Deed transfer. Agent related to principle. Buyer representative to verify all information and water read ~ BATVAI ~ 495 office transaction fee buyer payable at closing.

  22. 2024-12-18
    price $109,999 1717-char remark
    Show marketing remark (1717 chars)

    Welcome to 15782 Ohio, a Tenant Occupied Brick 2 unit 2 story Colonial Multifamily home located in the Fitzgerald / Marygrove area. Walking distance to the Ella Fitzgerald Greenway Park Path that connects The Marygrove Conservancy to The University of Detroit Mercy area. Home has newer model 3 dimensional design style roof, remote CCTV security monitoring on site and very well maintained original wood highlights throughout. Finished basement with bar, lavatory in process of remodeling and security monotoring room. New plumbing stack. Each unit has a sizable kitchen and separated dining room area. Living room flows into a dining area to be redesigned to marry the kitchen in a lovely union of open floor concept design, a great reward for those with the expertise and know how to do so. Walking distance from Marygrove College, Marygrove Early Education Center and Marygrove Highschool. Located near public transportation, Lollo Park, Ella Fitzgerald Park, Urban League of Detroit & Southeastern Michigan, Mary McLeod Bethune Elementary-Middle School, Grocery stores, The Avenue of Fashion and other fine points of interest. Home is very close to the John C. Lodge Freeway, a direct route to the newly remodeled Downtown Detroit area! Shown by appointment with 48 hour advance notice to qualified buyers, only after offer submission based upon inspection. Please do not approach property without a licensed agent and prior appointment, tenant has legal right to quiet peaceful enjoyment. Home being sold "As Is" with Warranty Deed transfer. Agent related to principle. Buyer representative to verify all information and water read ~ BATVAI ~ 495 office transaction fee buyer payable at closing.

  23. 2024-12-17
    price $109,999 1717-char remark
    Show marketing remark (1717 chars)

    Welcome to 15782 Ohio, a Tenant Occupied Brick 2 unit 2 story Colonial Multifamily home located in the Fitzgerald / Marygrove area. Walking distance to the Ella Fitzgerald Greenway Park Path that connects The Marygrove Conservancy to The University of Detroit Mercy area. Home has newer model 3 dimensional design style roof, remote CCTV security monitoring on site and very well maintained original wood highlights throughout. Finished basement with bar, lavatory in process of remodeling and security monotoring room. New plumbing stack. Each unit has a sizable kitchen and separated dining room area. Living room flows into a dining area to be redesigned to marry the kitchen in a lovely union of open floor concept design, a great reward for those with the expertise and know how to do so. Walking distance from Marygrove College, Marygrove Early Education Center and Marygrove Highschool. Located near public transportation, Lollo Park, Ella Fitzgerald Park, Urban League of Detroit & Southeastern Michigan, Mary McLeod Bethune Elementary-Middle School, Grocery stores, The Avenue of Fashion and other fine points of interest. Home is very close to the John C. Lodge Freeway, a direct route to the newly remodeled Downtown Detroit area! Shown by appointment with 48 hour advance notice to qualified buyers, only after offer submission based upon inspection. Please do not approach property without a licensed agent and prior appointment, tenant has legal right to quiet peaceful enjoyment. Home being sold "As Is" with Warranty Deed transfer. Agent related to principle. Buyer representative to verify all information and water read ~ BATVAI ~ 495 office transaction fee buyer payable at closing.

  24. 2024-12-04
    price $114,999 1717-char remark
    Show marketing remark (1717 chars)

    Welcome to 15782 Ohio, a Tenant Occupied Brick 2 unit 2 story Colonial Multifamily home located in the Fitzgerald / Marygrove area. Walking distance to the Ella Fitzgerald Greenway Park Path that connects The Marygrove Conservancy to The University of Detroit Mercy area. Home has newer model 3 dimensional design style roof, remote CCTV security monitoring on site and very well maintained original wood highlights throughout. Finished basement with bar, lavatory in process of remodeling and security monotoring room. New plumbing stack. Each unit has a sizable kitchen and separated dining room area. Living room flows into a dining area to be redesigned to marry the kitchen in a lovely union of open floor concept design, a great reward for those with the expertise and know how to do so. Walking distance from Marygrove College, Marygrove Early Education Center and Marygrove Highschool. Located near public transportation, Lollo Park, Ella Fitzgerald Park, Urban League of Detroit & Southeastern Michigan, Mary McLeod Bethune Elementary-Middle School, Grocery stores, The Avenue of Fashion and other fine points of interest. Home is very close to the John C. Lodge Freeway, a direct route to the newly remodeled Downtown Detroit area! Shown by appointment with 48 hour advance notice to qualified buyers, only after offer submission based upon inspection. Please do not approach property without a licensed agent and prior appointment, tenant has legal right to quiet peaceful enjoyment. Home being sold "As Is" with Warranty Deed transfer. Agent related to principle. Buyer representative to verify all information and water read ~ BATVAI ~ 495 office transaction fee buyer payable at closing.

  25. 2024-12-04
    price $114,999 1717-char remark
    Show marketing remark (1717 chars)

    Welcome to 15782 Ohio, a Tenant Occupied Brick 2 unit 2 story Colonial Multifamily home located in the Fitzgerald / Marygrove area. Walking distance to the Ella Fitzgerald Greenway Park Path that connects The Marygrove Conservancy to The University of Detroit Mercy area. Home has newer model 3 dimensional design style roof, remote CCTV security monitoring on site and very well maintained original wood highlights throughout. Finished basement with bar, lavatory in process of remodeling and security monotoring room. New plumbing stack. Each unit has a sizable kitchen and separated dining room area. Living room flows into a dining area to be redesigned to marry the kitchen in a lovely union of open floor concept design, a great reward for those with the expertise and know how to do so. Walking distance from Marygrove College, Marygrove Early Education Center and Marygrove Highschool. Located near public transportation, Lollo Park, Ella Fitzgerald Park, Urban League of Detroit & Southeastern Michigan, Mary McLeod Bethune Elementary-Middle School, Grocery stores, The Avenue of Fashion and other fine points of interest. Home is very close to the John C. Lodge Freeway, a direct route to the newly remodeled Downtown Detroit area! Shown by appointment with 48 hour advance notice to qualified buyers, only after offer submission based upon inspection. Please do not approach property without a licensed agent and prior appointment, tenant has legal right to quiet peaceful enjoyment. Home being sold "As Is" with Warranty Deed transfer. Agent related to principle. Buyer representative to verify all information and water read ~ BATVAI ~ 495 office transaction fee buyer payable at closing.

  26. 2024-11-18
    listed $119,999 Active 1717-char remark
    Show marketing remark (1717 chars)

    Welcome to 15782 Ohio, a Tenant Occupied Brick 2 unit 2 story Colonial Multifamily home located in the Fitzgerald / Marygrove area. Walking distance to the Ella Fitzgerald Greenway Park Path that connects The Marygrove Conservancy to The University of Detroit Mercy area. Home has newer model 3 dimensional design style roof, remote CCTV security monitoring on site and very well maintained original wood highlights throughout. Finished basement with bar, lavatory in process of remodeling and security monotoring room. New plumbing stack. Each unit has a sizable kitchen and separated dining room area. Living room flows into a dining area to be redesigned to marry the kitchen in a lovely union of open floor concept design, a great reward for those with the expertise and know how to do so. Walking distance from Marygrove College, Marygrove Early Education Center and Marygrove Highschool. Located near public transportation, Lollo Park, Ella Fitzgerald Park, Urban League of Detroit & Southeastern Michigan, Mary McLeod Bethune Elementary-Middle School, Grocery stores, The Avenue of Fashion and other fine points of interest. Home is very close to the John C. Lodge Freeway, a direct route to the newly remodeled Downtown Detroit area! Shown by appointment with 48 hour advance notice to qualified buyers, only after offer submission based upon inspection. Please do not approach property without a licensed agent and prior appointment, tenant has legal right to quiet peaceful enjoyment. Home being sold "As Is" with Warranty Deed transfer. Agent related to principle. Buyer representative to verify all information and water read ~ BATVAI ~ 495 office transaction fee buyer payable at closing.

  27. 2024-11-18
    listed $119,999 Active 1717-char remark
    Show marketing remark (1717 chars)

    Welcome to 15782 Ohio, a Tenant Occupied Brick 2 unit 2 story Colonial Multifamily home located in the Fitzgerald / Marygrove area. Walking distance to the Ella Fitzgerald Greenway Park Path that connects The Marygrove Conservancy to The University of Detroit Mercy area. Home has newer model 3 dimensional design style roof, remote CCTV security monitoring on site and very well maintained original wood highlights throughout. Finished basement with bar, lavatory in process of remodeling and security monotoring room. New plumbing stack. Each unit has a sizable kitchen and separated dining room area. Living room flows into a dining area to be redesigned to marry the kitchen in a lovely union of open floor concept design, a great reward for those with the expertise and know how to do so. Walking distance from Marygrove College, Marygrove Early Education Center and Marygrove Highschool. Located near public transportation, Lollo Park, Ella Fitzgerald Park, Urban League of Detroit & Southeastern Michigan, Mary McLeod Bethune Elementary-Middle School, Grocery stores, The Avenue of Fashion and other fine points of interest. Home is very close to the John C. Lodge Freeway, a direct route to the newly remodeled Downtown Detroit area! Shown by appointment with 48 hour advance notice to qualified buyers, only after offer submission based upon inspection. Please do not approach property without a licensed agent and prior appointment, tenant has legal right to quiet peaceful enjoyment. Home being sold "As Is" with Warranty Deed transfer. Agent related to principle. Buyer representative to verify all information and water read ~ BATVAI ~ 495 office transaction fee buyer payable at closing.

  28. 2024-11-12
    historical $119,999 1717-char remark
    Show marketing remark (1717 chars)

    Welcome to 15782 Ohio, a Tenant Occupied Brick 2 unit 2 story Colonial Multifamily home located in the Fitzgerald / Marygrove area. Walking distance to the Ella Fitzgerald Greenway Park Path that connects The Marygrove Conservancy to The University of Detroit Mercy area. Home has newer model 3 dimensional design style roof, remote CCTV security monitoring on site and very well maintained original wood highlights throughout. Finished basement with bar, lavatory in process of remodeling and security monotoring room. New plumbing stack. Each unit has a sizable kitchen and separated dining room area. Living room flows into a dining area to be redesigned to marry the kitchen in a lovely union of open floor concept design, a great reward for those with the expertise and know how to do so. Walking distance from Marygrove College, Marygrove Early Education Center and Marygrove Highschool. Located near public transportation, Lollo Park, Ella Fitzgerald Park, Urban League of Detroit & Southeastern Michigan, Mary McLeod Bethune Elementary-Middle School, Grocery stores, The Avenue of Fashion and other fine points of interest. Home is very close to the John C. Lodge Freeway, a direct route to the newly remodeled Downtown Detroit area! Shown by appointment with 48 hour advance notice to qualified buyers, only after offer submission based upon inspection. Please do not approach property without a licensed agent and prior appointment, tenant has legal right to quiet peaceful enjoyment. Home being sold "As Is" with Warranty Deed transfer. Agent related to principle. Buyer representative to verify all information and water read ~ BATVAI ~ 495 office transaction fee buyer payable at closing.

  29. 2024-11-12
    historical $119,999 1717-char remark
    Show marketing remark (1717 chars)

    Welcome to 15782 Ohio, a Tenant Occupied Brick 2 unit 2 story Colonial Multifamily home located in the Fitzgerald / Marygrove area. Walking distance to the Ella Fitzgerald Greenway Park Path that connects The Marygrove Conservancy to The University of Detroit Mercy area. Home has newer model 3 dimensional design style roof, remote CCTV security monitoring on site and very well maintained original wood highlights throughout. Finished basement with bar, lavatory in process of remodeling and security monotoring room. New plumbing stack. Each unit has a sizable kitchen and separated dining room area. Living room flows into a dining area to be redesigned to marry the kitchen in a lovely union of open floor concept design, a great reward for those with the expertise and know how to do so. Walking distance from Marygrove College, Marygrove Early Education Center and Marygrove Highschool. Located near public transportation, Lollo Park, Ella Fitzgerald Park, Urban League of Detroit & Southeastern Michigan, Mary McLeod Bethune Elementary-Middle School, Grocery stores, The Avenue of Fashion and other fine points of interest. Home is very close to the John C. Lodge Freeway, a direct route to the newly remodeled Downtown Detroit area! Shown by appointment with 48 hour advance notice to qualified buyers, only after offer submission based upon inspection. Please do not approach property without a licensed agent and prior appointment, tenant has legal right to quiet peaceful enjoyment. Home being sold "As Is" with Warranty Deed transfer. Agent related to principle. Buyer representative to verify all information and water read ~ BATVAI ~ 495 office transaction fee buyer payable at closing.

ⓘ 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
$2,324 · $194/mo
Projected year-2 tax
$2,324 · $194/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 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 3/10 Moderate 2 unhealthy d/yr today · 5 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$18,453
− Mortgage interest
−$6,106
− Property taxes
−$2,324
− Insurance
−$545
− Repairs & maintenance
−$1,476
− Management
−$1,476
− Depreciation
−$3,171
Taxable income
$3,356
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$805
After-tax cash flow
$4,045/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)
24,731
Household income
$33,315
Rent vs Own
53.0% rent · 47.0% own
Severe rent burden
2172.0

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 (94%)
Race & ethnicity
Black 94% Two or more races 3% White 1%
Foreign-born
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
▼ -31.96%
Current HPI
189.6227
Rent YoY
▲ 6.14%
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

Price history

-9.2% since first listed
16 events — show timeline
  • 2025-04-09 Relisted MiRealSource-MiMLS
  • 2025-04-09 Relisted REALCOMP
  • 2025-03-28 Contingent MiRealSource-MiMLS
  • 2025-03-28 Contingent REALCOMP
  • 2025-03-10 Price Changed $108,999 MiRealSource-MiMLS
  • 2025-03-10 Price Changed $108,999 REALCOMP
  • 2025-01-25 Price Changed $109,499 MiRealSource-MiMLS
  • 2025-01-25 Price Changed $109,499 REALCOMP
  • 2024-12-18 Price Changed $109,999 MiRealSource-MiMLS
  • 2024-12-17 Price Changed $109,999 REALCOMP
  • 2024-12-04 Price Changed $114,999 MiRealSource-MiMLS
  • 2024-12-04 Price Changed $114,999 REALCOMP
  • 2024-11-18 Listed $119,999 MiRealSource-MiMLS
  • 2024-11-18 Listed $119,999 REALCOMP
  • 2024-11-12 Coming Soon $119,999 MiRealSource-MiMLS
  • 2024-11-12 Coming Soon $119,999 REALCOMP

Property tax history

+4.5%/yr

Latest (2025): $2,324 · -9.8% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…