15649 E 7 Mile Rd Rd · Detroit, MI 48205

$69,500

2 bd · 1.0 ba · 860 sqft · Townhouse public records · 359 Days on market

Built 1943 3,485 sqft lot $81/sqft · 36% above area Est $56k · 24% over ↓ 4% since listing

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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 +30.0/30.0
• 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
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome home to this completely renovated brick half-duplex that checks every box. Offering 2 bedrooms and 1.5 bathrooms across 943 square feet, this move-in-ready home blends modern updates with classic charm. Inside, you'll love the refinished hardwood floors in the living and dining rooms, a cozy carpeted den, and a stylish updated kitchen featuring granite countertops, tiled floors and backsplash, and brand-new Whirlpool appliances. Major updates include a new roof, driveway, plumbing, electrical, furnace, air conditioning, hot water heater (40 gallon), windows, security doors, and security alarm for peace of mind. Upstairs features two bright bedrooms with new ceiling fans and a beautifully tiled full bathroom. A clean basement offers washer and dryer hookups for added convenience. Driveway parking included. Buyer's total household income must not exceed 80% AMI for Wayne County.

Key facts

• Air conditioning
• New furnace
• New plumbing

Tags

• NEW DRIVEWAY
• NEW ROOF
• NEW PLUMBING
• NEW FURNACE
• LARGE HOT WATER HEATER
• AIR CONDITIONING

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath townhouse listed at $70k.

Deal economics

• At list price, monthly cash flow is $446 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $70k).
• Recommended offer: $61k (12.0% below list) — sets the bar for market timing.
• Cap rate 14.0% 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; 37 comparable units currently listed for rent nearby; rentals at typical pace (median 18d 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 37% 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 $481 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 $19k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 359 days — a 12% lower offer ($61k) is reasonable based on typical stale-listing flexibility.
• 7 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.

Risks & watch-outs

• Watch-outs: built in 1943 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $61,160 (12.0% below list)

Questions for the listing agent

1. It's been on market 359 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 1943 — 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: 1.72% ✓
• Cap rate: 13.99%
• Cash-on-cash: 27.48%
• DSCR: 2.22
• GRM: 4.9

CMA / ARV

• ARV (median comp): $56,128
• List price: $69,500
• Delta: 23.82%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 1.33% rent growth · sell at horizon

5-year hold

• IRR: 19.6%
• Equity multiple: 1.78×
• Total profit: $15,183
• Equity at exit: $10,363

10-year hold

• IRR: 26.7%
• Equity multiple: 3.16×
• Total profit: $42,068
• Equity at exit: $6,009

Cash invested: $19,460 (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: 4.9×

Monthly cashflow live

• Estimated rent: $1,192 high
• Mortgage (P&I): −$364
• Tax from tax record: −$103 /mo · $1,231/yr
• Insurance: −$29
• HOA: −$0
• Vacancy / Maint / Mgmt: −$250
• Net cashflow: $446

Break-even live

Break-even rent $628

Max offer price $69,500

Occupancy floor 58%

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: $17,375
• Closing costs: $2,085
• Reserves months: —
• Total cash needed: —

Rent comps 37 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
15909 Maddelein St Detroit, MI	3.0	1.0	894	$1,266	$1.42	43d	1	0.21mi
16212 Maddelein St Detroit, MI	2.0	1.0	800	$1,200	$1.50	12d	1	0.36mi
16241 Seven Mile E Unit 4 Detroit, MI	1.0	1.0	650	$650	$1.00	43d	1	0.38mi
15494 Mapleridge St Detroit, MI	3.0	1.0	937	$1,275	$1.36	43d	1	0.49mi
12716 Riad St Detroit, MI	3.0	1.0	974	$1,275	$1.31	17d	1	0.50mi
15030 Rossini Dr Unit 2 Detroit, MI	1.0	1.0	720	$800	$1.11	43d	1	0.61mi
12201 Morang Ave Unit 8 Detroit, MI	2.0	1.0	610	$875	$1.43	43d	1	0.68mi
14461 Lappin St Detroit, MI	3.0	1.5	989	$1,150	$1.16	17d	1	0.72mi
19144 Moross Rd Detroit, MI	2.0	1.0	900	$1,050	$1.17	43d	1	0.77mi
16291 Eastburn St Detroit, MI	3.0	1.0	1000	$1,364	$1.36	24d	1	0.80mi
15010 Cedargrove St Detroit, MI	3.0	1.5	1018	$1,350	$1.33	43d	1	0.82mi
12075 Rossiter St Detroit, MI	3.0	1.0	1100	$1,245	$1.13	14d	1	0.83mi
12075 Rossiter St Detroit, MI	3.0	1.0	1100	$1,245	$1.13	43d	1	0.83mi
11776 Rossiter St Detroit, MI	3.0	1.0	964	$1,150	$1.19	11d	1	0.90mi
19152 Woodside St Harper Woods, MI	3.0	1.0	916	$1,500	$1.64	17d	1	0.90mi
16410 Edmore Dr Detroit, MI	3.0	1.0	850	$1,250	$1.47	14d	1	0.91mi
15663 Carlisle St Detroit, MI	2.0	1.0	803	$1,050	$1.31	14d	1	0.92mi
11611 Morang Ave Detroit, MI	1.0–2.0	1.0	709	$1,040	$1.47	43d	1	0.94mi
11529 Roxbury St Detroit, MI	2.0	1.0	720	$1,200	$1.67	12d	1	1.00mi
19442 Kingsville St Harper Woods, MI	3.0	1.0	1000	$1,500	$1.50	17d	1	1.01mi
19639 Moross Rd Unit 1 Detroit, MI	2.0	1.0	900	$1,100	$1.22	43d	1	1.08mi
11235 Roxbury St Detroit, MI	3.0	1.0	1062	$1,325	$1.25	17d	1	1.11mi
19661 Kenosha St Harper Woods, MI	3.0	2.0	1000	$1,400	$1.40	24d	1	1.15mi
13669 Pfent St Detroit, MI	3.0	2.0	1031	$1,374	$1.33	17d	1	1.22mi
14068 Carlisle St Detroit, MI	3.0	1.0	1020	$1,300	$1.27	24d	1	1.29mi
19982 McCormick St Detroit, MI	3.0	1.0	866	$1,200	$1.39	3d	1	1.30mi
14103 Rochelle Ave Unit 3 Detroit, MI	1.0	1.0	700	$800	$1.14	43d	1	1.33mi
10985 Peerless St Detroit, MI	3.0	1.0	1000	$1,364	$1.36	4d	1	1.37mi
10692 Meuse St Detroit, MI	3.0	1.0	955	$1,250	$1.31	12d	1	1.38mi
10400 Britain St Detroit, MI	3.0	1.0	890	$1,100	$1.24	43d	1	1.42mi
10370 Britain St Detroit, MI	3.0	1.0	1100	$1,100	$1.00	43d	1	1.44mi
10404 Somerset Ave Detroit, MI	3.0	1.0	1108	$1,475	$1.33	3d	1	1.44mi
10644 Stratman St Detroit, MI	2.0	1.0	1000	$1,200	$1.20	17d	1	1.45mi
13503 E McNichols Rd Unit 7 Detroit, MI	1.0	1.0	750	$800	$1.07	17d	1	1.46mi
19220 Alcoy St Detroit, MI	3.0	1.0	1023	$1,350	$1.32	17d	1	1.46mi
10177 Boleyn St Detroit, MI	3.0	1.0	767	$1,250	$1.63	43d	1	1.48mi
20215 Schoenherr St Unit 1 Detroit, MI	2.0	1.0	1000	$1,200	$1.20	17d	1	1.50mi

Listing history 32 events

1. 2026-06-16
   status $69,500 Pending 359 DOM
2. 2026-06-15
   days on market $69,500 Active 359 DOM
3. 2026-06-13
   days on market $69,500 Active 357 DOM
4. 2026-06-13
   days on market $69,500 Active 356 DOM
5. 2026-06-09
   days on market $69,500 Active 353 DOM
6. 2026-06-08
   days on market $69,500 Active 352 DOM
7. 2026-06-07
   days on market $69,500 Active 351 DOM
8. 2026-06-04
   days on market $69,500 Active 348 DOM
9. 2026-06-03
   days on market $69,500 Active 347 DOM
10. 2026-06-01
    days on market $69,500 Active 345 DOM
11. 2026-05-31
    days on market $69,500 Active 344 DOM
12. 2026-05-04
    status Active 897-char remark

    Show marketing remark (909 chars)

    Welcome home to this completely renovated brick half-duplex that checks every box. Offering 2 bedrooms and 1.5 bathrooms across 943 square feet, this move-in-ready home blends modern updates with classic charm. Inside, you’ll love the refinished hardwood floors in the living and dining rooms, a cozy carpeted den, and a stylish updated kitchen featuring granite countertops, tiled floors and backsplash, and brand-new Whirlpool appliances. Major updates include a new roof, driveway, plumbing, electrical, furnace, air conditioning, hot water heater (40 gallon), windows, security doors, and security alarm for peace of mind. Upstairs features two bright bedrooms with new ceiling fans and a beautifully tiled full bathroom. A clean basement offers washer and dryer hookups for added convenience. Driveway parking included. Buyer’s total household income must not exceed 80% AMI for Wayne County.

13. 2026-05-04
    status Active 909-char remark

    Show marketing remark (909 chars)

    Welcome home to this completely renovated brick half-duplex that checks every box. Offering 2 bedrooms and 1.5 bathrooms across 943 square feet, this move-in-ready home blends modern updates with classic charm. Inside, you’ll love the refinished hardwood floors in the living and dining rooms, a cozy carpeted den, and a stylish updated kitchen featuring granite countertops, tiled floors and backsplash, and brand-new Whirlpool appliances. Major updates include a new roof, driveway, plumbing, electrical, furnace, air conditioning, hot water heater (40 gallon), windows, security doors, and security alarm for peace of mind. Upstairs features two bright bedrooms with new ceiling fans and a beautifully tiled full bathroom. A clean basement offers washer and dryer hookups for added convenience. Driveway parking included. Buyer’s total household income must not exceed 80% AMI for Wayne County.

14. 2026-04-24
    historical Accepting Backup Offers 897-char remark

    Show marketing remark (909 chars)

    Welcome home to this completely renovated brick half-duplex that checks every box. Offering 2 bedrooms and 1.5 bathrooms across 943 square feet, this move-in-ready home blends modern updates with classic charm. Inside, you’ll love the refinished hardwood floors in the living and dining rooms, a cozy carpeted den, and a stylish updated kitchen featuring granite countertops, tiled floors and backsplash, and brand-new Whirlpool appliances. Major updates include a new roof, driveway, plumbing, electrical, furnace, air conditioning, hot water heater (40 gallon), windows, security doors, and security alarm for peace of mind. Upstairs features two bright bedrooms with new ceiling fans and a beautifully tiled full bathroom. A clean basement offers washer and dryer hookups for added convenience. Driveway parking included. Buyer’s total household income must not exceed 80% AMI for Wayne County.

15. 2026-04-24
    historical Active Under Contract 909-char remark

    Show marketing remark (909 chars)

    Welcome home to this completely renovated brick half-duplex that checks every box. Offering 2 bedrooms and 1.5 bathrooms across 943 square feet, this move-in-ready home blends modern updates with classic charm. Inside, you’ll love the refinished hardwood floors in the living and dining rooms, a cozy carpeted den, and a stylish updated kitchen featuring granite countertops, tiled floors and backsplash, and brand-new Whirlpool appliances. Major updates include a new roof, driveway, plumbing, electrical, furnace, air conditioning, hot water heater (40 gallon), windows, security doors, and security alarm for peace of mind. Upstairs features two bright bedrooms with new ceiling fans and a beautifully tiled full bathroom. A clean basement offers washer and dryer hookups for added convenience. Driveway parking included. Buyer’s total household income must not exceed 80% AMI for Wayne County.

16. 2026-03-27
    status Active 909-char remark

    Show marketing remark (909 chars)

    Welcome home to this completely renovated brick half-duplex that checks every box. Offering 2 bedrooms and 1.5 bathrooms across 943 square feet, this move-in-ready home blends modern updates with classic charm. Inside, you’ll love the refinished hardwood floors in the living and dining rooms, a cozy carpeted den, and a stylish updated kitchen featuring granite countertops, tiled floors and backsplash, and brand-new Whirlpool appliances. Major updates include a new roof, driveway, plumbing, electrical, furnace, air conditioning, hot water heater (40 gallon), windows, security doors, and security alarm for peace of mind. Upstairs features two bright bedrooms with new ceiling fans and a beautifully tiled full bathroom. A clean basement offers washer and dryer hookups for added convenience. Driveway parking included. Buyer’s total household income must not exceed 80% AMI for Wayne County.

17. 2026-03-27
    historical 909-char remark

    Show marketing remark (909 chars)

    Welcome home to this completely renovated brick half-duplex that checks every box. Offering 2 bedrooms and 1.5 bathrooms across 943 square feet, this move-in-ready home blends modern updates with classic charm. Inside, you’ll love the refinished hardwood floors in the living and dining rooms, a cozy carpeted den, and a stylish updated kitchen featuring granite countertops, tiled floors and backsplash, and brand-new Whirlpool appliances. Major updates include a new roof, driveway, plumbing, electrical, furnace, air conditioning, hot water heater (40 gallon), windows, security doors, and security alarm for peace of mind. Upstairs features two bright bedrooms with new ceiling fans and a beautifully tiled full bathroom. A clean basement offers washer and dryer hookups for added convenience. Driveway parking included. Buyer’s total household income must not exceed 80% AMI for Wayne County.

18. 2025-10-08
    price $69,500 897-char remark

    Show marketing remark (897 chars)

    Welcome home to this completely renovated brick half-duplex that checks every box. Offering 2 bedrooms and 1.5 bathrooms across 943 square feet, this move-in-ready home blends modern updates with classic charm. Inside, you'll love the refinished hardwood floors in the living and dining rooms, a cozy carpeted den, and a stylish updated kitchen featuring granite countertops, tiled floors and backsplash, and brand-new Whirlpool appliances. Major updates include a new roof, driveway, plumbing, electrical, furnace, air conditioning, hot water heater (40 gallon), windows, security doors, and security alarm for peace of mind. Upstairs features two bright bedrooms with new ceiling fans and a beautifully tiled full bathroom. A clean basement offers washer and dryer hookups for added convenience. Driveway parking included. Buyer's total household income must not exceed 80% AMI for Wayne County.

19. 2025-10-07
    price $69,500 909-char remark

    Show marketing remark (909 chars)

    Welcome home to this completely renovated brick half-duplex that checks every box. Offering 2 bedrooms and 1.5 bathrooms across 943 square feet, this move-in-ready home blends modern updates with classic charm. Inside, you’ll love the refinished hardwood floors in the living and dining rooms, a cozy carpeted den, and a stylish updated kitchen featuring granite countertops, tiled floors and backsplash, and brand-new Whirlpool appliances. Major updates include a new roof, driveway, plumbing, electrical, furnace, air conditioning, hot water heater (40 gallon), windows, security doors, and security alarm for peace of mind. Upstairs features two bright bedrooms with new ceiling fans and a beautifully tiled full bathroom. A clean basement offers washer and dryer hookups for added convenience. Driveway parking included. Buyer’s total household income must not exceed 80% AMI for Wayne County.

20. 2025-10-06
    status Active 897-char remark

    Show marketing remark (909 chars)

    Welcome home to this completely renovated brick half-duplex that checks every box. Offering 2 bedrooms and 1.5 bathrooms across 943 square feet, this move-in-ready home blends modern updates with classic charm. Inside, you’ll love the refinished hardwood floors in the living and dining rooms, a cozy carpeted den, and a stylish updated kitchen featuring granite countertops, tiled floors and backsplash, and brand-new Whirlpool appliances. Major updates include a new roof, driveway, plumbing, electrical, furnace, air conditioning, hot water heater (40 gallon), windows, security doors, and security alarm for peace of mind. Upstairs features two bright bedrooms with new ceiling fans and a beautifully tiled full bathroom. A clean basement offers washer and dryer hookups for added convenience. Driveway parking included. Buyer’s total household income must not exceed 80% AMI for Wayne County.

21. 2025-10-06
    status Active 909-char remark

    Show marketing remark (909 chars)

    Welcome home to this completely renovated brick half-duplex that checks every box. Offering 2 bedrooms and 1.5 bathrooms across 943 square feet, this move-in-ready home blends modern updates with classic charm. Inside, you’ll love the refinished hardwood floors in the living and dining rooms, a cozy carpeted den, and a stylish updated kitchen featuring granite countertops, tiled floors and backsplash, and brand-new Whirlpool appliances. Major updates include a new roof, driveway, plumbing, electrical, furnace, air conditioning, hot water heater (40 gallon), windows, security doors, and security alarm for peace of mind. Upstairs features two bright bedrooms with new ceiling fans and a beautifully tiled full bathroom. A clean basement offers washer and dryer hookups for added convenience. Driveway parking included. Buyer’s total household income must not exceed 80% AMI for Wayne County.

22. 2025-08-07
    status Pending 897-char remark

    Show marketing remark (909 chars)

    Welcome home to this completely renovated brick half-duplex that checks every box. Offering 2 bedrooms and 1.5 bathrooms across 943 square feet, this move-in-ready home blends modern updates with classic charm. Inside, you’ll love the refinished hardwood floors in the living and dining rooms, a cozy carpeted den, and a stylish updated kitchen featuring granite countertops, tiled floors and backsplash, and brand-new Whirlpool appliances. Major updates include a new roof, driveway, plumbing, electrical, furnace, air conditioning, hot water heater (40 gallon), windows, security doors, and security alarm for peace of mind. Upstairs features two bright bedrooms with new ceiling fans and a beautifully tiled full bathroom. A clean basement offers washer and dryer hookups for added convenience. Driveway parking included. Buyer’s total household income must not exceed 80% AMI for Wayne County.

23. 2025-08-07
    status Pending 909-char remark

    Show marketing remark (909 chars)

    Welcome home to this completely renovated brick half-duplex that checks every box. Offering 2 bedrooms and 1.5 bathrooms across 943 square feet, this move-in-ready home blends modern updates with classic charm. Inside, you’ll love the refinished hardwood floors in the living and dining rooms, a cozy carpeted den, and a stylish updated kitchen featuring granite countertops, tiled floors and backsplash, and brand-new Whirlpool appliances. Major updates include a new roof, driveway, plumbing, electrical, furnace, air conditioning, hot water heater (40 gallon), windows, security doors, and security alarm for peace of mind. Upstairs features two bright bedrooms with new ceiling fans and a beautifully tiled full bathroom. A clean basement offers washer and dryer hookups for added convenience. Driveway parking included. Buyer’s total household income must not exceed 80% AMI for Wayne County.

24. 2025-07-01
    status Pending 897-char remark

    Show marketing remark (909 chars)

    Welcome home to this completely renovated brick half-duplex that checks every box. Offering 2 bedrooms and 1.5 bathrooms across 943 square feet, this move-in-ready home blends modern updates with classic charm. Inside, you’ll love the refinished hardwood floors in the living and dining rooms, a cozy carpeted den, and a stylish updated kitchen featuring granite countertops, tiled floors and backsplash, and brand-new Whirlpool appliances. Major updates include a new roof, driveway, plumbing, electrical, furnace, air conditioning, hot water heater (40 gallon), windows, security doors, and security alarm for peace of mind. Upstairs features two bright bedrooms with new ceiling fans and a beautifully tiled full bathroom. A clean basement offers washer and dryer hookups for added convenience. Driveway parking included. Buyer’s total household income must not exceed 80% AMI for Wayne County.

25. 2025-07-01
    status Pending 909-char remark

    Show marketing remark (909 chars)

    Welcome home to this completely renovated brick half-duplex that checks every box. Offering 2 bedrooms and 1.5 bathrooms across 943 square feet, this move-in-ready home blends modern updates with classic charm. Inside, you’ll love the refinished hardwood floors in the living and dining rooms, a cozy carpeted den, and a stylish updated kitchen featuring granite countertops, tiled floors and backsplash, and brand-new Whirlpool appliances. Major updates include a new roof, driveway, plumbing, electrical, furnace, air conditioning, hot water heater (40 gallon), windows, security doors, and security alarm for peace of mind. Upstairs features two bright bedrooms with new ceiling fans and a beautifully tiled full bathroom. A clean basement offers washer and dryer hookups for added convenience. Driveway parking included. Buyer’s total household income must not exceed 80% AMI for Wayne County.

26. 2025-06-18
    soldstatus Closed 897-char remark

    Show marketing remark (909 chars)

    Welcome home to this completely renovated brick half-duplex that checks every box. Offering 2 bedrooms and 1.5 bathrooms across 943 square feet, this move-in-ready home blends modern updates with classic charm. Inside, you’ll love the refinished hardwood floors in the living and dining rooms, a cozy carpeted den, and a stylish updated kitchen featuring granite countertops, tiled floors and backsplash, and brand-new Whirlpool appliances. Major updates include a new roof, driveway, plumbing, electrical, furnace, air conditioning, hot water heater (40 gallon), windows, security doors, and security alarm for peace of mind. Upstairs features two bright bedrooms with new ceiling fans and a beautifully tiled full bathroom. A clean basement offers washer and dryer hookups for added convenience. Driveway parking included. Buyer’s total household income must not exceed 80% AMI for Wayne County.

27. 2025-06-18
    soldstatus Closed 909-char remark

    Show marketing remark (909 chars)

    Welcome home to this completely renovated brick half-duplex that checks every box. Offering 2 bedrooms and 1.5 bathrooms across 943 square feet, this move-in-ready home blends modern updates with classic charm. Inside, you’ll love the refinished hardwood floors in the living and dining rooms, a cozy carpeted den, and a stylish updated kitchen featuring granite countertops, tiled floors and backsplash, and brand-new Whirlpool appliances. Major updates include a new roof, driveway, plumbing, electrical, furnace, air conditioning, hot water heater (40 gallon), windows, security doors, and security alarm for peace of mind. Upstairs features two bright bedrooms with new ceiling fans and a beautifully tiled full bathroom. A clean basement offers washer and dryer hookups for added convenience. Driveway parking included. Buyer’s total household income must not exceed 80% AMI for Wayne County.

28. 2025-04-11
    historical Accepting Backup Offers 897-char remark

    Show marketing remark (909 chars)

    Welcome home to this completely renovated brick half-duplex that checks every box. Offering 2 bedrooms and 1.5 bathrooms across 943 square feet, this move-in-ready home blends modern updates with classic charm. Inside, you’ll love the refinished hardwood floors in the living and dining rooms, a cozy carpeted den, and a stylish updated kitchen featuring granite countertops, tiled floors and backsplash, and brand-new Whirlpool appliances. Major updates include a new roof, driveway, plumbing, electrical, furnace, air conditioning, hot water heater (40 gallon), windows, security doors, and security alarm for peace of mind. Upstairs features two bright bedrooms with new ceiling fans and a beautifully tiled full bathroom. A clean basement offers washer and dryer hookups for added convenience. Driveway parking included. Buyer’s total household income must not exceed 80% AMI for Wayne County.

29. 2025-04-11
    historical Active Under Contract 909-char remark

    Show marketing remark (909 chars)

    Welcome home to this completely renovated brick half-duplex that checks every box. Offering 2 bedrooms and 1.5 bathrooms across 943 square feet, this move-in-ready home blends modern updates with classic charm. Inside, you’ll love the refinished hardwood floors in the living and dining rooms, a cozy carpeted den, and a stylish updated kitchen featuring granite countertops, tiled floors and backsplash, and brand-new Whirlpool appliances. Major updates include a new roof, driveway, plumbing, electrical, furnace, air conditioning, hot water heater (40 gallon), windows, security doors, and security alarm for peace of mind. Upstairs features two bright bedrooms with new ceiling fans and a beautifully tiled full bathroom. A clean basement offers washer and dryer hookups for added convenience. Driveway parking included. Buyer’s total household income must not exceed 80% AMI for Wayne County.

30. 2025-04-09
    historical 909-char remark

    Show marketing remark (909 chars)

    Welcome home to this completely renovated brick half-duplex that checks every box. Offering 2 bedrooms and 1.5 bathrooms across 943 square feet, this move-in-ready home blends modern updates with classic charm. Inside, you’ll love the refinished hardwood floors in the living and dining rooms, a cozy carpeted den, and a stylish updated kitchen featuring granite countertops, tiled floors and backsplash, and brand-new Whirlpool appliances. Major updates include a new roof, driveway, plumbing, electrical, furnace, air conditioning, hot water heater (40 gallon), windows, security doors, and security alarm for peace of mind. Upstairs features two bright bedrooms with new ceiling fans and a beautifully tiled full bathroom. A clean basement offers washer and dryer hookups for added convenience. Driveway parking included. Buyer’s total household income must not exceed 80% AMI for Wayne County.

31. 2025-03-12
    listed $72,500 Active 897-char remark

    Show marketing remark (897 chars)

    Welcome home to this completely renovated brick half-duplex that checks every box. Offering 2 bedrooms and 1.5 bathrooms across 943 square feet, this move-in-ready home blends modern updates with classic charm. Inside, you'll love the refinished hardwood floors in the living and dining rooms, a cozy carpeted den, and a stylish updated kitchen featuring granite countertops, tiled floors and backsplash, and brand-new Whirlpool appliances. Major updates include a new roof, driveway, plumbing, electrical, furnace, air conditioning, hot water heater (40 gallon), windows, security doors, and security alarm for peace of mind. Upstairs features two bright bedrooms with new ceiling fans and a beautifully tiled full bathroom. A clean basement offers washer and dryer hookups for added convenience. Driveway parking included. Buyer's total household income must not exceed 80% AMI for Wayne County.

32. 2025-03-11
    listed $72,500 Active 909-char remark

    Show marketing remark (909 chars)

    Welcome home to this completely renovated brick half-duplex that checks every box. Offering 2 bedrooms and 1.5 bathrooms across 943 square feet, this move-in-ready home blends modern updates with classic charm. Inside, you’ll love the refinished hardwood floors in the living and dining rooms, a cozy carpeted den, and a stylish updated kitchen featuring granite countertops, tiled floors and backsplash, and brand-new Whirlpool appliances. Major updates include a new roof, driveway, plumbing, electrical, furnace, air conditioning, hot water heater (40 gallon), windows, security doors, and security alarm for peace of mind. Upstairs features two bright bedrooms with new ceiling fans and a beautifully tiled full bathroom. A clean basement offers washer and dryer hookups for added convenience. Driveway parking included. Buyer’s total household income must not exceed 80% AMI for Wayne County.

ⓘ 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: $1,231 · $103/mo
• Projected year-2 tax: $1,231 · $103/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 ≥95°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

Taxation est. · year 1

• Rental income: $14,305
• − Mortgage interest: −$3,893
• − Property taxes: −$1,231
• − Insurance: −$348
• − Repairs & maintenance: −$1,144
• − Management: −$1,144
• − Depreciation: −$2,022
• Taxable income: $4,522
• Est. tax owed @ 24.0%: −$1,085
• After-tax cash flow: $4,263/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

-4.1% since first listed

21 events — show timeline

• 2026-05-04 Relisted — MiRealSource-MiMLS
• 2026-05-04 Relisted — REALCOMP
• 2026-04-24 Contingent — MiRealSource-MiMLS
• 2026-04-24 Contingent — REALCOMP
• 2026-03-27 Relisted — REALCOMP
• 2026-03-27 Listing Removed — REALCOMP
• 2025-10-08 Price Changed $69,500 MiRealSource-MiMLS
• 2025-10-07 Price Changed $69,500 REALCOMP
• 2025-10-06 Relisted — MiRealSource-MiMLS
• 2025-10-06 Relisted — REALCOMP
• 2025-08-07 Pending — MiRealSource-MiMLS
• 2025-08-07 Pending — REALCOMP
• 2025-07-01 Pending — MiRealSource-MiMLS
• 2025-07-01 Pending — REALCOMP
• 2025-06-18 Sold (MLS) — REALCOMP
• 2025-06-18 Sold (MLS) — MiRealSource-MiMLS
• 2025-04-11 Contingent — MiRealSource-MiMLS
• 2025-04-11 Contingent — REALCOMP
• 2025-04-09 Listing Removed — REALCOMP
• 2025-03-12 Listed $72,500 MiRealSource-MiMLS
• 2025-03-11 Listed $72,500 REALCOMP

Property tax history

+1.4%/yr

Latest (2025): $1,231 · -53.9% YoY. Source: county tax records.