4790 Sturtevant St · Detroit, MI
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $784 – $1,456
Heat risk 3/10 · Minor
- Hot days now (above 97°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 4 days/yr
- Unhealthy air days in 30 yrs
- 6 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the A- 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
- Appreciation +10.0/10.0
- Livability +3.7/5.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
- Schools +1.3/10.0
$64,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
A classic 1,645-square-foot brick Colonial nestled in the heart of Detroit's historic Russell Woods neighborhood. Built in 1925, this stately residence exudes character with its symmetrical facade, traditional architectural details, and a welcoming layout that includes three spacious bedrooms, 1 baths, and a grand natural fireplace that serves as the centerpiece of the light-filled living area. The property also features a spacious basement and a large spacious yard all situated on a quiet, tree-lined street within a major investment corridor. Just moments from the vibrant Livernois Avenue "Avenue of Fashion, " local parks, and central transit, this home offers a premier opportunity to own a piece of Detroit's rich history while capitalizing on the area's ongoing revitalization. Property must sit on the market for 5 days prior to the Seller reviewing any offers. Sold as is. Buyer and agent to verify all information.
Key facts
- Natural fireplace
- Large yard
- Tree-lined street
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.5-bath single-family listed at $65k.
Deal economics
- At list price, monthly cash flow is $556 ($7k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $65k).
- Recommended offer: $59k (9.0% below list) — sets the bar for market timing.
- Cap rate 16.6% vs local median 10.0% 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: 248 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 40% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
- This rent runs 44% of the median local income ($34k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- In year one you build about $7k of equity ($449 loan paydown + $6k appreciation (10.0% local appreciation)).
- Wayne County population projected at -17% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
- At projected returns (10.0% appreciation + 3.0% rent growth), your $18k cash investment doubles in ~2 years — after that, you're playing with house money.
- By year 5, paydown + projected appreciation supports a ~$32k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.
Negotiation context
- It's been on market 98 days — a 9% lower offer ($59k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts; this cycle's ask has dropped $35k (35%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: built in 1925 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 98 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
- Built in 1925 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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.
- 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.
- 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
- 1.96% ✓
- Cap rate
- 16.57%
- Cash-on-cash
- 36.69%
- DSCR
- 2.63
- GRM
- 4.3
CMA / ARV
- ARV (median comp)
- $117,670
- List price
- $64,900
- Delta
- -44.85%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 4790 Sturtevant St | 0.00mi | 3/1.0 | 1,645 (0%) | 0mo | $60,000 | $36 | 98 |
| 12625 Monica St | 0.29mi | 3/1.5 | 1,600 (-3%) | 2mo | $48,000 | $30 | 80 |
| 11717 Cascade St | 0.34mi | 3/1.0 | 1,536 (-7%) | 2mo | $81,000 | $53 | 70 |
| 3765 Cortland St | 0.51mi | 3/1.5 | 1,587 (-4%) | 2mo | $120,000 | $76 | 69 |
| 12066 Monica St | 0.36mi | 4/2.5 (+1) | 1,632 (-1%) | 8mo | $35,000 | $21 | 66 |
| 4255 Webb St | 0.47mi | 3/1.5 | 1,569 (-5%) | 7mo | $155,000 | $99 | 65 |
| 13620 Santa Rosa Dr | 0.56mi | 3/1.0 | 1,700 (+3%) | 7mo | $85,000 | $50 | 61 |
| 4210 Pasadena St | 0.66mi | 4/2.0 (+1) | 1,678 (+2%) | 4mo | $239,000 | $142 | 56 |
| 10155 Monica St | 0.65mi | 3/1.5 | 1,535 (-7%) | 8mo | $46,000 | $30 | 52 |
| 13587 Monica St | 0.56mi | 3/1.0 | 1,484 (-10%) | 5mo | $130,000 | $88 | 51 |
| 10163 Monica St | 0.64mi | 3/1.0 | 1,486 (-10%) | 8mo | $46,000 | $31 | 45 |
| 3351 Tyler St | 0.68mi | 3/2.0 | 1,888 (+15%) | 5mo | $83,000 | $44 | 38 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
10.0% appreciation · 3.0% rent growth · sell at horizon
- IRR
- 52.5%
- Equity multiple
- 4.89×
- Total profit
- $70,757
- Equity at exit
- $58,467
- IRR
- 46.1%
- Equity multiple
- 10.94×
- Total profit
- $180,575
- Equity at exit
- $126,086
Cash invested: $18,172 (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
ZIP-level market 48204
- Home prices YoY
- 18.5%
- Active inventory
- 248
- Price-to-rent
- 4.3×
Monthly cashflow live
- Estimated rent
- $1,271 high interval (Pro) →
- Mortgage (P&I)
- −$340
- Tax est. 1.5%
- −$81 /mo · $974/yr
- Insurance
- −$27
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$267
- Net cashflow
- $556
Break-even live
Sensitivity live
| Price | -10% $601 | -5% $578 | +0% $556 | +5% $533 | +10% $511 |
|---|---|---|---|---|---|
| Rent | -10% $455 | -5% $505 | +0% $556 | +5% $606 | +10% $656 |
| Rate | -1.0pp $588 | -0.5pp $572 | base $556 | +0.5pp $539 | +1.0pp $522 |
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
- $16,225
- Closing costs
- $1,947
- 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 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 12546 Broadstreet Ave Detroit, MI | 3.0 | 1.5 | 1899 | $1,250 | $0.66 | 46d | 1 | 0.10mi |
| 12663 Stoepel St Detroit, MI | 2.0 | 1.0 | 1100 | $1,050 | $0.95 | 23d | 1 | 0.20mi |
| 4341 Glendale St Detroit, MI | 4.0 | 2.5 | 1832 | $1,680 | $0.92 | 6d | 1 | 0.22mi |
| 4336 Buena Vista St Detroit, MI | 3.0 | 1.0 | 1300 | $1,100 | $0.85 | 45d | 1 | 0.30mi |
| 12123 Santa Rosa Dr Detroit, MI | 2.0 | 1.0 | 1680 | $1,000 | $0.60 | 26d | 1 | 0.32mi |
| 11704 Broadstreet Ave Detroit, MI | 3.0 | 1.0 | 1200 | $1,050 | $0.88 | 45d | 1 | 0.36mi |
| 4287 W Grand St Unit 4289 Detroit, MI | 3.0 | 1.0 | 1250 | $1,000 | $0.80 | 45d | 1 | 0.55mi |
| 3740 Tyler St Unit 1 Detroit, MI | 3.0 | 1.0 | 1300 | $1,300 | $1.00 | 6d | 1 | 0.59mi |
| 13620 Tuller St Detroit, MI | 4.0 | 1.0 | 1064 | $1,374 | $1.29 | 14d | 1 | 0.68mi |
| 3812 W Grand St Detroit, MI | 2.0 | 1.0 | 1100 | $1,025 | $0.93 | 18d | 1 | 0.69mi |
| 3322 Webb St Detroit, MI | 3.0 | 1.0 | 1600 | $1,250 | $0.78 | 18d | 1 | 0.73mi |
| 3322 Webb St Unit 2 Detroit, MI | 3.0 | 1.0 | 1656 | $1,350 | $0.82 | 45d | 1 | 0.73mi |
| 3322 Webb St Unit 1 Detroit, MI | 3.0 | 1.0 | 1656 | $1,350 | $0.82 | 45d | 1 | 0.73mi |
| 3224 Monterey St Unit 2E Detroit, MI | 2.0 | 1.0 | 1200 | $1,350 | $1.12 | 45d | 1 | 0.74mi |
| 12303 Cloverlawn St Detroit, MI | 3.0 | 1.5 | 1454 | $1,400 | $0.96 | 45d | 1 | 0.77mi |
| 12703 Northlawn St Detroit, MI | 2.0 | 1.0 | 1365 | $1,053 | $0.77 | 22d | 1 | 0.83mi |
| 3209 W Grand St Detroit, MI | 3.0 | 1.0 | 1550 | $1,103 | $0.71 | 45d | 1 | 0.89mi |
| 3266 Calvert Ave Fl 2 Detroit, MI | 3.0 | 1.0 | 1279 | $1,300 | $1.02 | 26d | 1 | 0.92mi |
| 3031 Lawrence St Detroit, MI | 4.0 | 1.0 | 1700 | $1,600 | $0.94 | 18d | 1 | 0.94mi |
| 3226 Calvert Ave Detroit, MI | 3.0 | 1.0 | 1100 | $1,200 | $1.09 | 14d | 1 | 0.95mi |
| 3224 Calvert St Detroit, MI | 3.0 | 1.0 | 1150 | $1,150 | $1.00 | 45d | 1 | 0.95mi |
| 14011 Roselawn St Detroit, MI | 4.0 | 1.5 | 1300 | $1,450 | $1.12 | 3d | 1 | 0.97mi |
| 14011 Roselawn St Detroit, MI | 4.0 | 1.5 | 1300 | $1,450 | $1.12 | 19d | 1 | 0.97mi |
| 13979 Cherrylawn St Detroit, MI | 3.0 | 1.0 | 1296 | $1,334 | $1.03 | 22d | 1 | 1.07mi |
| 2925 Calvert St Detroit, MI | 3.0 | 1.0 | 1400 | $1,300 | $0.93 | 18d | 1 | 1.09mi |
| 3422 Edison St Detroit, MI | 3.0 | 1.0 | 1300 | $1,295 | $1.00 | 18d | 1 | 1.14mi |
| 2634 Lawrence St Detroit, MI | 3.0 | 1.5 | 1388 | $1,600 | $1.15 | 3d | 1 | 1.14mi |
| 2727 Calvert Ave Unit 1 Detroit, MI | 3.0 | 1.5 | 1350 | $1,200 | $0.89 | 45d | 1 | 1.15mi |
| 13620 Kentucky St Detroit, MI | 3.0 | 1.0 | 1248 | $1,200 | $0.96 | 6d | 1 | 1.17mi |
| 2655 Collingwood St Detroit, MI | 4.0 | 1.5 | 1881 | $2,700 | $1.44 | 0d | 1 | 1.17mi |
| 12144 Washburn St Detroit, MI | 3.0 | 1.0 | 1200 | $1,200 | $1.00 | 16d | 1 | 1.17mi |
| 2474 Fullerton St Detroit, MI | 3.0 | 1.0 | 1400 | $1,300 | $0.93 | 16d | 1 | 1.18mi |
| 13910 Kentucky St Detroit, MI | 2.0 | 1.0 | 1680 | $1,000 | $0.60 | 45d | 1 | 1.19mi |
| 2653 Calvert Ave Unit 1 Detroit, MI | 3.0 | 1.0 | 1305 | $1,200 | $0.92 | 45d | 1 | 1.20mi |
| 14242 Ohio St Detroit, MI | 4.0 | 1.0 | 1400 | $1,000 | $0.71 | 45d | 1 | 1.21mi |
| 12650 Griggs St Detroit, MI | 3.0 | 2.0 | 1628 | $1,375 | $0.84 | 26d | 1 | 1.27mi |
| Ohio St Unit 4 Detroit, MI | 4.0 | 1.5 | 1400 | $750 | $0.54 | 45d | 1 | 1.36mi |
| 12468 Mendota St Detroit, MI | 2.0 | 1.0 | 1100 | $1,100 | $1.00 | 45d | 1 | 1.38mi |
| 12468 Mendota St Detroit, MI | 2.0 | 1.0 | 1100 | $1,000 | $0.91 | 26d | 1 | 1.38mi |
| 3786 Carter St Unit 2 Detroit, MI | 3.0 | 1.0 | 1400 | $1,100 | $0.79 | 26d | 1 | 1.44mi |
Listing history 11 events
-
2026-05-19status Pending 939-char remark
Show marketing remark (945 chars)
A classic 1,645-square-foot brick Colonial nestled in the heart of Detroit’s historic Russell Woods neighborhood. Built in 1925, this stately residence exudes character with its symmetrical facade, traditional architectural details, and a welcoming layout that includes three spacious bedrooms, 1 baths, and a grand natural fireplace that serves as the centerpiece of the light-filled living area. The property also features a spacious basement and a large spacious yard all situated on a quiet, tree-lined street within a major investment corridor. Just moments from the vibrant Livernois Avenue "Avenue of Fashion, " local parks, and central transit, this home offers a premier opportunity to own a piece of Detroit's rich history while capitalizing on the area's ongoing revitalization. Property must sit on the market for 5 days prior to the Seller reviewing any offers. Sold as is. Buyer and agent to verify all information.
-
2026-05-19status Pending 945-char remark
Show marketing remark (945 chars)
A classic 1,645-square-foot brick Colonial nestled in the heart of Detroit’s historic Russell Woods neighborhood. Built in 1925, this stately residence exudes character with its symmetrical facade, traditional architectural details, and a welcoming layout that includes three spacious bedrooms, 1 baths, and a grand natural fireplace that serves as the centerpiece of the light-filled living area. The property also features a spacious basement and a large spacious yard all situated on a quiet, tree-lined street within a major investment corridor. Just moments from the vibrant Livernois Avenue "Avenue of Fashion, " local parks, and central transit, this home offers a premier opportunity to own a piece of Detroit's rich history while capitalizing on the area's ongoing revitalization. Property must sit on the market for 5 days prior to the Seller reviewing any offers. Sold as is. Buyer and agent to verify all information.
-
2026-05-06price $64,900 939-char remark
Show marketing remark (945 chars)
A classic 1,645-square-foot brick Colonial nestled in the heart of Detroit’s historic Russell Woods neighborhood. Built in 1925, this stately residence exudes character with its symmetrical facade, traditional architectural details, and a welcoming layout that includes three spacious bedrooms, 1 baths, and a grand natural fireplace that serves as the centerpiece of the light-filled living area. The property also features a spacious basement and a large spacious yard all situated on a quiet, tree-lined street within a major investment corridor. Just moments from the vibrant Livernois Avenue "Avenue of Fashion, " local parks, and central transit, this home offers a premier opportunity to own a piece of Detroit's rich history while capitalizing on the area's ongoing revitalization. Property must sit on the market for 5 days prior to the Seller reviewing any offers. Sold as is. Buyer and agent to verify all information.
-
2026-05-06price $64,900 945-char remark
Show marketing remark (945 chars)
A classic 1,645-square-foot brick Colonial nestled in the heart of Detroit’s historic Russell Woods neighborhood. Built in 1925, this stately residence exudes character with its symmetrical facade, traditional architectural details, and a welcoming layout that includes three spacious bedrooms, 1 baths, and a grand natural fireplace that serves as the centerpiece of the light-filled living area. The property also features a spacious basement and a large spacious yard all situated on a quiet, tree-lined street within a major investment corridor. Just moments from the vibrant Livernois Avenue "Avenue of Fashion, " local parks, and central transit, this home offers a premier opportunity to own a piece of Detroit's rich history while capitalizing on the area's ongoing revitalization. Property must sit on the market for 5 days prior to the Seller reviewing any offers. Sold as is. Buyer and agent to verify all information.
-
2026-04-02price $69,900 939-char remark
Show marketing remark (945 chars)
A classic 1,645-square-foot brick Colonial nestled in the heart of Detroit’s historic Russell Woods neighborhood. Built in 1925, this stately residence exudes character with its symmetrical facade, traditional architectural details, and a welcoming layout that includes three spacious bedrooms, 1 baths, and a grand natural fireplace that serves as the centerpiece of the light-filled living area. The property also features a spacious basement and a large spacious yard all situated on a quiet, tree-lined street within a major investment corridor. Just moments from the vibrant Livernois Avenue "Avenue of Fashion, " local parks, and central transit, this home offers a premier opportunity to own a piece of Detroit's rich history while capitalizing on the area's ongoing revitalization. Property must sit on the market for 5 days prior to the Seller reviewing any offers. Sold as is. Buyer and agent to verify all information.
-
2026-04-02price $69,900 945-char remark
Show marketing remark (945 chars)
A classic 1,645-square-foot brick Colonial nestled in the heart of Detroit’s historic Russell Woods neighborhood. Built in 1925, this stately residence exudes character with its symmetrical facade, traditional architectural details, and a welcoming layout that includes three spacious bedrooms, 1 baths, and a grand natural fireplace that serves as the centerpiece of the light-filled living area. The property also features a spacious basement and a large spacious yard all situated on a quiet, tree-lined street within a major investment corridor. Just moments from the vibrant Livernois Avenue "Avenue of Fashion, " local parks, and central transit, this home offers a premier opportunity to own a piece of Detroit's rich history while capitalizing on the area's ongoing revitalization. Property must sit on the market for 5 days prior to the Seller reviewing any offers. Sold as is. Buyer and agent to verify all information.
-
2026-03-07price $84,900 939-char remark
Show marketing remark (939 chars)
A classic 1,645-square-foot brick Colonial nestled in the heart of Detroit's historic Russell Woods neighborhood. Built in 1925, this stately residence exudes character with its symmetrical facade, traditional architectural details, and a welcoming layout that includes three spacious bedrooms, 1 baths, and a grand natural fireplace that serves as the centerpiece of the light-filled living area. The property also features a spacious basement and a large spacious yard all situated on a quiet, tree-lined street within a major investment corridor. Just moments from the vibrant Livernois Avenue "Avenue of Fashion, " local parks, and central transit, this home offers a premier opportunity to own a piece of Detroit's rich history while capitalizing on the area's ongoing revitalization. Property must sit on the market for 5 days prior to the Seller reviewing any offers. Sold as is. Buyer and agent to verify all information.
-
2026-03-06price $84,900 945-char remark
Show marketing remark (945 chars)
A classic 1,645-square-foot brick Colonial nestled in the heart of Detroit’s historic Russell Woods neighborhood. Built in 1925, this stately residence exudes character with its symmetrical facade, traditional architectural details, and a welcoming layout that includes three spacious bedrooms, 1 baths, and a grand natural fireplace that serves as the centerpiece of the light-filled living area. The property also features a spacious basement and a large spacious yard all situated on a quiet, tree-lined street within a major investment corridor. Just moments from the vibrant Livernois Avenue "Avenue of Fashion, " local parks, and central transit, this home offers a premier opportunity to own a piece of Detroit's rich history while capitalizing on the area's ongoing revitalization. Property must sit on the market for 5 days prior to the Seller reviewing any offers. Sold as is. Buyer and agent to verify all information.
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2026-02-10$99,900 Active 945-char remark
Show marketing remark (939 chars)
A classic 1,645-square-foot brick Colonial nestled in the heart of Detroit's historic Russell Woods neighborhood. Built in 1925, this stately residence exudes character with its symmetrical facade, traditional architectural details, and a welcoming layout that includes three spacious bedrooms, 1 baths, and a grand natural fireplace that serves as the centerpiece of the light-filled living area. The property also features a spacious basement and a large spacious yard all situated on a quiet, tree-lined street within a major investment corridor. Just moments from the vibrant Livernois Avenue "Avenue of Fashion, " local parks, and central transit, this home offers a premier opportunity to own a piece of Detroit's rich history while capitalizing on the area's ongoing revitalization. Property must sit on the market for 5 days prior to the Seller reviewing any offers. Sold as is. Buyer and agent to verify all information.
-
2026-02-10$99,900 Active 939-char remark
Show marketing remark (939 chars)
A classic 1,645-square-foot brick Colonial nestled in the heart of Detroit's historic Russell Woods neighborhood. Built in 1925, this stately residence exudes character with its symmetrical facade, traditional architectural details, and a welcoming layout that includes three spacious bedrooms, 1 baths, and a grand natural fireplace that serves as the centerpiece of the light-filled living area. The property also features a spacious basement and a large spacious yard all situated on a quiet, tree-lined street within a major investment corridor. Just moments from the vibrant Livernois Avenue "Avenue of Fashion, " local parks, and central transit, this home offers a premier opportunity to own a piece of Detroit's rich history while capitalizing on the area's ongoing revitalization. Property must sit on the market for 5 days prior to the Seller reviewing any offers. Sold as is. Buyer and agent to verify all information.
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2024-08-02soldstatus $75,000
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 3/10 Moderate 7 d/yr ≥97°F today · 15 d/yr by 30 yrs out
- Wind 2/10 Low
- Air quality 4/10 Moderate 4 unhealthy d/yr today · 6 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $15,254
- − Mortgage interest
- −$3,635
- − Property taxes
- −$974
- − Insurance
- −$324
- − Repairs & maintenance
- −$1,220
- − Management
- −$1,220
- − Depreciation
- −$1,888
- Taxable income
- $5,992
- Est. tax owed @ 24.0%
- −$1,438
- After-tax cash flow
- $5,230/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
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)
- 20,696
- Household income
- $34,468
- Rent vs Own
- Severe rent burden
- 1418.0
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 (86%)
- Race & ethnicity
- Black 86% Two or more races 7% Hispanic / Latino 5% White 4% Native American 2%
- Hispanic origin (detail)
- Mexican 4%
- Common ancestry
- Hispanic 1% Romanian 1%
- Foreign-born
- 2% · Canada
- Languages at home
- 95% English-only · Spanish 4%
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
- ▲ 36.51%
- Current HPI
- 234.0465
- Rent YoY
- —
- 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 |
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| Automotive | 2 | $372B |
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| Chemicals | 1 | $45B |
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| Automotive Retail | 1 | $29B |
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| Healthcare / Medical Devices | 1 | $23B |
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| Automotive Technology | 1 | $20B |
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Price history
-13.5% since first listed11 events — show timeline
- 2026-05-19 Pending — MiRealSource-MiMLS
- 2026-05-19 Pending — REALCOMP
- 2026-05-06 Price Changed $64,900 MiRealSource-MiMLS
- 2026-05-06 Price Changed $64,900 REALCOMP
- 2026-04-02 Price Changed $69,900 MiRealSource-MiMLS
- 2026-04-02 Price Changed $69,900 REALCOMP
- 2026-03-07 Price Changed $84,900 MiRealSource-MiMLS
- 2026-03-06 Price Changed $84,900 REALCOMP
- 2026-02-10 Listed $99,900 REALCOMP
- 2026-02-10 Listed $99,900 MiRealSource-MiMLS
- 2024-08-02 Sold (Public Records) $75,000 Public Records
Property tax history
+5.0%/yrLatest (2025): $3,354 · +139.3% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…