CashFlowRE
Sign in Sign up
2051 Calvert St
C+ Composite 61.26
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
  • Rent growth +3.8/5.0
  • 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

$139,999

2051 Calvert St · Detroit, MI 48206
6 bd · 3.0 ba · 3,304 sqft · Townhouse public records · 444 Days on market
Built 1923 4,792 sqft lot $42/sqft · 41% above area Est $99k · 41% over

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Located just two blocks from the prestigious Boston-Edison Historic District, 2051 Calvert St, Detroit, MI 48206, is a partially remodeled duplex offering great potential. Each unit features three spacious bedrooms, providing ample living space. Some new windows have been installed, allowing natural light to brighten the interiors. The property is equipped with gas forced air heating for reliable comfort. Retaining its classic brick exterior and architectural charm, this duplex is ideal for both investors and homeowners seeking to add their personal touch. With its prime location near historic neighborhoods, local amenities, and major roads, this property offers an excellent opportunity in a revitalizing community. ATTENTION: WE HAVE A COMPLETED SCOPE OF WORK FOR REVIEW. THIS PROPERTY IS SUBJECT TO RELEASE OF PURCHASE AGREEMENT.

Key facts

  • Architectural charm
  • Prime location
  • New windows

Tags

PARTIALLY REMODELED DUPLEXNEW WINDOWSGAS FORCED AIR HEATINGCLASSIC BRICK EXTERIORARCHITECTURAL CHARMPRIME LOCATION

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 6-bed/3.0-bath townhouse listed at $140k.

Deal economics

  • At list price, monthly cash flow is $889 ($11k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $140k).
  • Recommended offer: $123k (12.0% below list) — sets the bar for market timing.
  • Cap rate 13.9% 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 fast (+5.2%/yr); 271 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
  • At $2,406/mo this rent would consume 64% of the median local household income ($45k/yr) (locally 646% 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 $968 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
  • Wayne County population projected at -17% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
  • At projected returns (-3.0% appreciation + 5.2% rent growth), your $39k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 444 days — a 12% lower offer ($123k) is reasonable based on typical stale-listing flexibility.
  • 16 sale attempts since 14y ago; this cycle's ask has dropped $10k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $40k; list at $140k implies a 250% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: built in 1923 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $123,199 (12.0% below list)

Questions for the listing agent

  1. It's been on market 444 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 1923 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  6. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
  7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
1.72%
Cap rate
13.91%
Cash-on-cash
27.21%
DSCR
2.21
GRM
4.8

CMA / ARV

ARV (median comp)
$99,197
List price
$139,999
Delta
41.13%
Verdict
OVERPRICED
Comps
20 within 1.0 mi

Projected returns pro-forma

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

5-year hold
IRR
23.7%
Equity multiple
2.01×
Total profit
$39,426
Equity at exit
$20,874
10-year hold
IRR
33.0%
Equity multiple
4.34×
Total profit
$130,841
Equity at exit
$12,105

Cash invested: $39,200 (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 48206

Rents YoY
5.2%
Active inventory
271
Price-to-rent
4.8×

Monthly cashflow live

Estimated rent
$2,406 medium interval (Pro) →
Mortgage (P&I)
$734
Tax from tax record
$219 /mo · $2,633/yr
Insurance
$58
HOA
$0
Vacancy / Maint / Mgmt
$505
Net cashflow
$889

Break-even live

Break-even rent $1,281
Max offer price $139,999
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
$35,000
Closing costs
$4,200
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 4 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1699 Glynn Ct Detroit, MI 5.0 3.5 2542 $2,500 $0.98 22d 1 0.20mi
8951 La Salle Blvd Detroit, MI 5.0 2.5 2440 $2,500 $1.02 15d 1 0.62mi
2028 Gladstone St Unit 1 Detroit, MI 5.0 2.0 2500 $2,850 $1.14 3d 1 0.67mi
2509 Gladstone St Unit NA Detroit, MI 6.0 3.0 3008 $2,000 $0.66 10d 1 0.78mi

Listing history 50 events

  1. 2026-06-18
    days on market $139,999 Active 444 DOM
  2. 2026-06-17
    days on market $139,999 Active 443 DOM
  3. 2026-06-15
    days on market $139,999 Active 441 DOM
  4. 2026-06-13
    days on market $139,999 Active 439 DOM
  5. 2026-06-13
    days on market $139,999 Active 438 DOM
  6. 2026-06-09
    days on market $139,999 Active 435 DOM
  7. 2026-06-08
    days on market $139,999 Active 434 DOM
  8. 2026-06-07
    days on market $139,999 Active 433 DOM
  9. 2026-06-04
    days on market $139,999 Active 430 DOM
  10. 2026-06-03
    days on market $139,999 Active 429 DOM
  11. 2026-06-01
    days on market $139,999 Active 427 DOM
  12. 2026-05-31
    days on market $139,999 Active 426 DOM
  13. 2026-05-13
    price $144,999 840-char remark
    Show marketing remark (840 chars)

    Located just two blocks from the prestigious Boston-Edison Historic District, 2051 Calvert St, Detroit, MI 48206, is a partially remodeled duplex offering great potential. Each unit features three spacious bedrooms, providing ample living space. Some new windows have been installed, allowing natural light to brighten the interiors. The property is equipped with gas forced air heating for reliable comfort. Retaining its classic brick exterior and architectural charm, this duplex is ideal for both investors and homeowners seeking to add their personal touch. With its prime location near historic neighborhoods, local amenities, and major roads, this property offers an excellent opportunity in a revitalizing community. ATTENTION: WE HAVE A COMPLETED SCOPE OF WORK FOR REVIEW. THIS PROPERTY IS SUBJECT TO RELEASE OF PURCHASE AGREEMENT.

  14. 2026-05-13
    price $149,999 840-char remark
    Show marketing remark (840 chars)

    Located just two blocks from the prestigious Boston-Edison Historic District, 2051 Calvert St, Detroit, MI 48206, is a partially remodeled duplex offering great potential. Each unit features three spacious bedrooms, providing ample living space. Some new windows have been installed, allowing natural light to brighten the interiors. The property is equipped with gas forced air heating for reliable comfort. Retaining its classic brick exterior and architectural charm, this duplex is ideal for both investors and homeowners seeking to add their personal touch. With its prime location near historic neighborhoods, local amenities, and major roads, this property offers an excellent opportunity in a revitalizing community. ATTENTION: WE HAVE A COMPLETED SCOPE OF WORK FOR REVIEW. THIS PROPERTY IS SUBJECT TO RELEASE OF PURCHASE AGREEMENT.

  15. 2026-05-12
    price $144,999 840-char remark
    Show marketing remark (840 chars)

    Located just two blocks from the prestigious Boston-Edison Historic District, 2051 Calvert St, Detroit, MI 48206, is a partially remodeled duplex offering great potential. Each unit features three spacious bedrooms, providing ample living space. Some new windows have been installed, allowing natural light to brighten the interiors. The property is equipped with gas forced air heating for reliable comfort. Retaining its classic brick exterior and architectural charm, this duplex is ideal for both investors and homeowners seeking to add their personal touch. With its prime location near historic neighborhoods, local amenities, and major roads, this property offers an excellent opportunity in a revitalizing community. ATTENTION: WE HAVE A COMPLETED SCOPE OF WORK FOR REVIEW. THIS PROPERTY IS SUBJECT TO RELEASE OF PURCHASE AGREEMENT.

  16. 2026-05-12
    price $149,999 840-char remark
    Show marketing remark (840 chars)

    Located just two blocks from the prestigious Boston-Edison Historic District, 2051 Calvert St, Detroit, MI 48206, is a partially remodeled duplex offering great potential. Each unit features three spacious bedrooms, providing ample living space. Some new windows have been installed, allowing natural light to brighten the interiors. The property is equipped with gas forced air heating for reliable comfort. Retaining its classic brick exterior and architectural charm, this duplex is ideal for both investors and homeowners seeking to add their personal touch. With its prime location near historic neighborhoods, local amenities, and major roads, this property offers an excellent opportunity in a revitalizing community. ATTENTION: WE HAVE A COMPLETED SCOPE OF WORK FOR REVIEW. THIS PROPERTY IS SUBJECT TO RELEASE OF PURCHASE AGREEMENT.

  17. 2026-05-09
    price $144,999 840-char remark
    Show marketing remark (840 chars)

    Located just two blocks from the prestigious Boston-Edison Historic District, 2051 Calvert St, Detroit, MI 48206, is a partially remodeled duplex offering great potential. Each unit features three spacious bedrooms, providing ample living space. Some new windows have been installed, allowing natural light to brighten the interiors. The property is equipped with gas forced air heating for reliable comfort. Retaining its classic brick exterior and architectural charm, this duplex is ideal for both investors and homeowners seeking to add their personal touch. With its prime location near historic neighborhoods, local amenities, and major roads, this property offers an excellent opportunity in a revitalizing community. ATTENTION: WE HAVE A COMPLETED SCOPE OF WORK FOR REVIEW. THIS PROPERTY IS SUBJECT TO RELEASE OF PURCHASE AGREEMENT.

  18. 2026-05-08
    price $144,999 840-char remark
    Show marketing remark (840 chars)

    Located just two blocks from the prestigious Boston-Edison Historic District, 2051 Calvert St, Detroit, MI 48206, is a partially remodeled duplex offering great potential. Each unit features three spacious bedrooms, providing ample living space. Some new windows have been installed, allowing natural light to brighten the interiors. The property is equipped with gas forced air heating for reliable comfort. Retaining its classic brick exterior and architectural charm, this duplex is ideal for both investors and homeowners seeking to add their personal touch. With its prime location near historic neighborhoods, local amenities, and major roads, this property offers an excellent opportunity in a revitalizing community. ATTENTION: WE HAVE A COMPLETED SCOPE OF WORK FOR REVIEW. THIS PROPERTY IS SUBJECT TO RELEASE OF PURCHASE AGREEMENT.

  19. 2026-01-21
    price $159,999 840-char remark
    Show marketing remark (840 chars)

    Located just two blocks from the prestigious Boston-Edison Historic District, 2051 Calvert St, Detroit, MI 48206, is a partially remodeled duplex offering great potential. Each unit features three spacious bedrooms, providing ample living space. Some new windows have been installed, allowing natural light to brighten the interiors. The property is equipped with gas forced air heating for reliable comfort. Retaining its classic brick exterior and architectural charm, this duplex is ideal for both investors and homeowners seeking to add their personal touch. With its prime location near historic neighborhoods, local amenities, and major roads, this property offers an excellent opportunity in a revitalizing community. ATTENTION: WE HAVE A COMPLETED SCOPE OF WORK FOR REVIEW. THIS PROPERTY IS SUBJECT TO RELEASE OF PURCHASE AGREEMENT.

  20. 2026-01-20
    price $159,999 840-char remark
    Show marketing remark (840 chars)

    Located just two blocks from the prestigious Boston-Edison Historic District, 2051 Calvert St, Detroit, MI 48206, is a partially remodeled duplex offering great potential. Each unit features three spacious bedrooms, providing ample living space. Some new windows have been installed, allowing natural light to brighten the interiors. The property is equipped with gas forced air heating for reliable comfort. Retaining its classic brick exterior and architectural charm, this duplex is ideal for both investors and homeowners seeking to add their personal touch. With its prime location near historic neighborhoods, local amenities, and major roads, this property offers an excellent opportunity in a revitalizing community. ATTENTION: WE HAVE A COMPLETED SCOPE OF WORK FOR REVIEW. THIS PROPERTY IS SUBJECT TO RELEASE OF PURCHASE AGREEMENT.

  21. 2025-10-17
    price $139,999 840-char remark
    Show marketing remark (840 chars)

    Located just two blocks from the prestigious Boston-Edison Historic District, 2051 Calvert St, Detroit, MI 48206, is a partially remodeled duplex offering great potential. Each unit features three spacious bedrooms, providing ample living space. Some new windows have been installed, allowing natural light to brighten the interiors. The property is equipped with gas forced air heating for reliable comfort. Retaining its classic brick exterior and architectural charm, this duplex is ideal for both investors and homeowners seeking to add their personal touch. With its prime location near historic neighborhoods, local amenities, and major roads, this property offers an excellent opportunity in a revitalizing community. ATTENTION: WE HAVE A COMPLETED SCOPE OF WORK FOR REVIEW. THIS PROPERTY IS SUBJECT TO RELEASE OF PURCHASE AGREEMENT.

  22. 2025-10-17
    price $139,999 840-char remark
    Show marketing remark (840 chars)

    Located just two blocks from the prestigious Boston-Edison Historic District, 2051 Calvert St, Detroit, MI 48206, is a partially remodeled duplex offering great potential. Each unit features three spacious bedrooms, providing ample living space. Some new windows have been installed, allowing natural light to brighten the interiors. The property is equipped with gas forced air heating for reliable comfort. Retaining its classic brick exterior and architectural charm, this duplex is ideal for both investors and homeowners seeking to add their personal touch. With its prime location near historic neighborhoods, local amenities, and major roads, this property offers an excellent opportunity in a revitalizing community. ATTENTION: WE HAVE A COMPLETED SCOPE OF WORK FOR REVIEW. THIS PROPERTY IS SUBJECT TO RELEASE OF PURCHASE AGREEMENT.

  23. 2025-08-06
    price $129,999 840-char remark
    Show marketing remark (840 chars)

    Located just two blocks from the prestigious Boston-Edison Historic District, 2051 Calvert St, Detroit, MI 48206, is a partially remodeled duplex offering great potential. Each unit features three spacious bedrooms, providing ample living space. Some new windows have been installed, allowing natural light to brighten the interiors. The property is equipped with gas forced air heating for reliable comfort. Retaining its classic brick exterior and architectural charm, this duplex is ideal for both investors and homeowners seeking to add their personal touch. With its prime location near historic neighborhoods, local amenities, and major roads, this property offers an excellent opportunity in a revitalizing community. ATTENTION: WE HAVE A COMPLETED SCOPE OF WORK FOR REVIEW. THIS PROPERTY IS SUBJECT TO RELEASE OF PURCHASE AGREEMENT.

  24. 2025-08-05
    price $129,999 840-char remark
    Show marketing remark (840 chars)

    Located just two blocks from the prestigious Boston-Edison Historic District, 2051 Calvert St, Detroit, MI 48206, is a partially remodeled duplex offering great potential. Each unit features three spacious bedrooms, providing ample living space. Some new windows have been installed, allowing natural light to brighten the interiors. The property is equipped with gas forced air heating for reliable comfort. Retaining its classic brick exterior and architectural charm, this duplex is ideal for both investors and homeowners seeking to add their personal touch. With its prime location near historic neighborhoods, local amenities, and major roads, this property offers an excellent opportunity in a revitalizing community. ATTENTION: WE HAVE A COMPLETED SCOPE OF WORK FOR REVIEW. THIS PROPERTY IS SUBJECT TO RELEASE OF PURCHASE AGREEMENT.

  25. 2025-08-05
    status Active 840-char remark
    Show marketing remark (840 chars)

    Located just two blocks from the prestigious Boston-Edison Historic District, 2051 Calvert St, Detroit, MI 48206, is a partially remodeled duplex offering great potential. Each unit features three spacious bedrooms, providing ample living space. Some new windows have been installed, allowing natural light to brighten the interiors. The property is equipped with gas forced air heating for reliable comfort. Retaining its classic brick exterior and architectural charm, this duplex is ideal for both investors and homeowners seeking to add their personal touch. With its prime location near historic neighborhoods, local amenities, and major roads, this property offers an excellent opportunity in a revitalizing community. ATTENTION: WE HAVE A COMPLETED SCOPE OF WORK FOR REVIEW. THIS PROPERTY IS SUBJECT TO RELEASE OF PURCHASE AGREEMENT.

  26. 2025-08-05
    status Active 840-char remark
    Show marketing remark (840 chars)

    Located just two blocks from the prestigious Boston-Edison Historic District, 2051 Calvert St, Detroit, MI 48206, is a partially remodeled duplex offering great potential. Each unit features three spacious bedrooms, providing ample living space. Some new windows have been installed, allowing natural light to brighten the interiors. The property is equipped with gas forced air heating for reliable comfort. Retaining its classic brick exterior and architectural charm, this duplex is ideal for both investors and homeowners seeking to add their personal touch. With its prime location near historic neighborhoods, local amenities, and major roads, this property offers an excellent opportunity in a revitalizing community. ATTENTION: WE HAVE A COMPLETED SCOPE OF WORK FOR REVIEW. THIS PROPERTY IS SUBJECT TO RELEASE OF PURCHASE AGREEMENT.

  27. 2025-08-05
    historical Accepting Backup Offers 840-char remark
    Show marketing remark (840 chars)

    Located just two blocks from the prestigious Boston-Edison Historic District, 2051 Calvert St, Detroit, MI 48206, is a partially remodeled duplex offering great potential. Each unit features three spacious bedrooms, providing ample living space. Some new windows have been installed, allowing natural light to brighten the interiors. The property is equipped with gas forced air heating for reliable comfort. Retaining its classic brick exterior and architectural charm, this duplex is ideal for both investors and homeowners seeking to add their personal touch. With its prime location near historic neighborhoods, local amenities, and major roads, this property offers an excellent opportunity in a revitalizing community. ATTENTION: WE HAVE A COMPLETED SCOPE OF WORK FOR REVIEW. THIS PROPERTY IS SUBJECT TO RELEASE OF PURCHASE AGREEMENT.

  28. 2025-08-05
    historical Active Under Contract 840-char remark
    Show marketing remark (840 chars)

    Located just two blocks from the prestigious Boston-Edison Historic District, 2051 Calvert St, Detroit, MI 48206, is a partially remodeled duplex offering great potential. Each unit features three spacious bedrooms, providing ample living space. Some new windows have been installed, allowing natural light to brighten the interiors. The property is equipped with gas forced air heating for reliable comfort. Retaining its classic brick exterior and architectural charm, this duplex is ideal for both investors and homeowners seeking to add their personal touch. With its prime location near historic neighborhoods, local amenities, and major roads, this property offers an excellent opportunity in a revitalizing community. ATTENTION: WE HAVE A COMPLETED SCOPE OF WORK FOR REVIEW. THIS PROPERTY IS SUBJECT TO RELEASE OF PURCHASE AGREEMENT.

  29. 2025-08-01
    status Active 840-char remark
    Show marketing remark (840 chars)

    Located just two blocks from the prestigious Boston-Edison Historic District, 2051 Calvert St, Detroit, MI 48206, is a partially remodeled duplex offering great potential. Each unit features three spacious bedrooms, providing ample living space. Some new windows have been installed, allowing natural light to brighten the interiors. The property is equipped with gas forced air heating for reliable comfort. Retaining its classic brick exterior and architectural charm, this duplex is ideal for both investors and homeowners seeking to add their personal touch. With its prime location near historic neighborhoods, local amenities, and major roads, this property offers an excellent opportunity in a revitalizing community. ATTENTION: WE HAVE A COMPLETED SCOPE OF WORK FOR REVIEW. THIS PROPERTY IS SUBJECT TO RELEASE OF PURCHASE AGREEMENT.

  30. 2025-08-01
    status Active 840-char remark
    Show marketing remark (840 chars)

    Located just two blocks from the prestigious Boston-Edison Historic District, 2051 Calvert St, Detroit, MI 48206, is a partially remodeled duplex offering great potential. Each unit features three spacious bedrooms, providing ample living space. Some new windows have been installed, allowing natural light to brighten the interiors. The property is equipped with gas forced air heating for reliable comfort. Retaining its classic brick exterior and architectural charm, this duplex is ideal for both investors and homeowners seeking to add their personal touch. With its prime location near historic neighborhoods, local amenities, and major roads, this property offers an excellent opportunity in a revitalizing community. ATTENTION: WE HAVE A COMPLETED SCOPE OF WORK FOR REVIEW. THIS PROPERTY IS SUBJECT TO RELEASE OF PURCHASE AGREEMENT.

  31. 2025-07-23
    historical Accepting Backup Offers 840-char remark
    Show marketing remark (840 chars)

    Located just two blocks from the prestigious Boston-Edison Historic District, 2051 Calvert St, Detroit, MI 48206, is a partially remodeled duplex offering great potential. Each unit features three spacious bedrooms, providing ample living space. Some new windows have been installed, allowing natural light to brighten the interiors. The property is equipped with gas forced air heating for reliable comfort. Retaining its classic brick exterior and architectural charm, this duplex is ideal for both investors and homeowners seeking to add their personal touch. With its prime location near historic neighborhoods, local amenities, and major roads, this property offers an excellent opportunity in a revitalizing community. ATTENTION: WE HAVE A COMPLETED SCOPE OF WORK FOR REVIEW. THIS PROPERTY IS SUBJECT TO RELEASE OF PURCHASE AGREEMENT.

  32. 2025-07-23
    historical Active Under Contract 840-char remark
    Show marketing remark (840 chars)

    Located just two blocks from the prestigious Boston-Edison Historic District, 2051 Calvert St, Detroit, MI 48206, is a partially remodeled duplex offering great potential. Each unit features three spacious bedrooms, providing ample living space. Some new windows have been installed, allowing natural light to brighten the interiors. The property is equipped with gas forced air heating for reliable comfort. Retaining its classic brick exterior and architectural charm, this duplex is ideal for both investors and homeowners seeking to add their personal touch. With its prime location near historic neighborhoods, local amenities, and major roads, this property offers an excellent opportunity in a revitalizing community. ATTENTION: WE HAVE A COMPLETED SCOPE OF WORK FOR REVIEW. THIS PROPERTY IS SUBJECT TO RELEASE OF PURCHASE AGREEMENT.

  33. 2025-06-22
    price $124,900 840-char remark
    Show marketing remark (840 chars)

    Located just two blocks from the prestigious Boston-Edison Historic District, 2051 Calvert St, Detroit, MI 48206, is a partially remodeled duplex offering great potential. Each unit features three spacious bedrooms, providing ample living space. Some new windows have been installed, allowing natural light to brighten the interiors. The property is equipped with gas forced air heating for reliable comfort. Retaining its classic brick exterior and architectural charm, this duplex is ideal for both investors and homeowners seeking to add their personal touch. With its prime location near historic neighborhoods, local amenities, and major roads, this property offers an excellent opportunity in a revitalizing community. ATTENTION: WE HAVE A COMPLETED SCOPE OF WORK FOR REVIEW. THIS PROPERTY IS SUBJECT TO RELEASE OF PURCHASE AGREEMENT.

  34. 2025-06-21
    price $124,900 840-char remark
    Show marketing remark (840 chars)

    Located just two blocks from the prestigious Boston-Edison Historic District, 2051 Calvert St, Detroit, MI 48206, is a partially remodeled duplex offering great potential. Each unit features three spacious bedrooms, providing ample living space. Some new windows have been installed, allowing natural light to brighten the interiors. The property is equipped with gas forced air heating for reliable comfort. Retaining its classic brick exterior and architectural charm, this duplex is ideal for both investors and homeowners seeking to add their personal touch. With its prime location near historic neighborhoods, local amenities, and major roads, this property offers an excellent opportunity in a revitalizing community. ATTENTION: WE HAVE A COMPLETED SCOPE OF WORK FOR REVIEW. THIS PROPERTY IS SUBJECT TO RELEASE OF PURCHASE AGREEMENT.

  35. 2025-05-21
    price $134,900 840-char remark
    Show marketing remark (840 chars)

    Located just two blocks from the prestigious Boston-Edison Historic District, 2051 Calvert St, Detroit, MI 48206, is a partially remodeled duplex offering great potential. Each unit features three spacious bedrooms, providing ample living space. Some new windows have been installed, allowing natural light to brighten the interiors. The property is equipped with gas forced air heating for reliable comfort. Retaining its classic brick exterior and architectural charm, this duplex is ideal for both investors and homeowners seeking to add their personal touch. With its prime location near historic neighborhoods, local amenities, and major roads, this property offers an excellent opportunity in a revitalizing community. ATTENTION: WE HAVE A COMPLETED SCOPE OF WORK FOR REVIEW. THIS PROPERTY IS SUBJECT TO RELEASE OF PURCHASE AGREEMENT.

  36. 2025-05-21
    price $134,900 840-char remark
    Show marketing remark (840 chars)

    Located just two blocks from the prestigious Boston-Edison Historic District, 2051 Calvert St, Detroit, MI 48206, is a partially remodeled duplex offering great potential. Each unit features three spacious bedrooms, providing ample living space. Some new windows have been installed, allowing natural light to brighten the interiors. The property is equipped with gas forced air heating for reliable comfort. Retaining its classic brick exterior and architectural charm, this duplex is ideal for both investors and homeowners seeking to add their personal touch. With its prime location near historic neighborhoods, local amenities, and major roads, this property offers an excellent opportunity in a revitalizing community. ATTENTION: WE HAVE A COMPLETED SCOPE OF WORK FOR REVIEW. THIS PROPERTY IS SUBJECT TO RELEASE OF PURCHASE AGREEMENT.

  37. 2025-03-31
    listed $149,900 Active 840-char remark
    Show marketing remark (840 chars)

    Located just two blocks from the prestigious Boston-Edison Historic District, 2051 Calvert St, Detroit, MI 48206, is a partially remodeled duplex offering great potential. Each unit features three spacious bedrooms, providing ample living space. Some new windows have been installed, allowing natural light to brighten the interiors. The property is equipped with gas forced air heating for reliable comfort. Retaining its classic brick exterior and architectural charm, this duplex is ideal for both investors and homeowners seeking to add their personal touch. With its prime location near historic neighborhoods, local amenities, and major roads, this property offers an excellent opportunity in a revitalizing community. ATTENTION: WE HAVE A COMPLETED SCOPE OF WORK FOR REVIEW. THIS PROPERTY IS SUBJECT TO RELEASE OF PURCHASE AGREEMENT.

  38. 2025-03-31
    listed $149,900 Active 840-char remark
    Show marketing remark (840 chars)

    Located just two blocks from the prestigious Boston-Edison Historic District, 2051 Calvert St, Detroit, MI 48206, is a partially remodeled duplex offering great potential. Each unit features three spacious bedrooms, providing ample living space. Some new windows have been installed, allowing natural light to brighten the interiors. The property is equipped with gas forced air heating for reliable comfort. Retaining its classic brick exterior and architectural charm, this duplex is ideal for both investors and homeowners seeking to add their personal touch. With its prime location near historic neighborhoods, local amenities, and major roads, this property offers an excellent opportunity in a revitalizing community. ATTENTION: WE HAVE A COMPLETED SCOPE OF WORK FOR REVIEW. THIS PROPERTY IS SUBJECT TO RELEASE OF PURCHASE AGREEMENT.

  39. 2023-07-20
    historical Accepting Backup Offers
  40. 2023-07-20
    historical Accepting Backup Offers
  41. 2023-07-20
    historical
  42. 2023-07-20
    historical
  43. 2023-06-28
    price $79,900
  44. 2023-06-28
    price $79,900
  45. 2023-05-31
    listed $99,900 Active
  46. 2023-05-31
    listed $99,900 Active
  47. 2022-09-02
    soldstatus $40,000 Sold
  48. 2022-09-02
    soldstatus $40,000 Closed
  49. 2022-08-16
    status Pending
  50. 2022-08-16
    status Pending

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

Tax reassessment forecast MI · Partial reset (capped growth)

Current annual tax
$2,633 · $219/mo
Projected year-2 tax
$2,633 · $219/mo
Expected delta
$0/yr ($0/mo · 0.0%)

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

Climate risk First Street

  • 🌊 Flood 3/10 Moderate FEMA zone X (unshaded) · 10% 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
$28,871
− Mortgage interest
−$7,842
− Property taxes
−$2,633
− Insurance
−$700
− Repairs & maintenance
−$2,310
− Management
−$2,310
− Depreciation
−$4,073
Taxable income
$9,004
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,161
After-tax cash flow
$8,504/yr

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

Schools (NCES district)

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

Livability — Detroit

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

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

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

Population outlook (Wayne County) Hauer SSP2

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

Race, ethnicity, and origin ACS 2023

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

Political lean MEDSL · Wayne

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

Not yet ingested

Civics

Market trends

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

Industry mix (Fortune 500 HQ in MI)

Industry F500 HQs Revenue

Price history

+5700.0% since first listed
55 events — show timeline
  • 2026-05-13 Price Changed $144,999 MiRealSource-MiMLS
  • 2026-05-13 Price Changed $149,999 MiRealSource-MiMLS
  • 2026-05-12 Price Changed $144,999 REALCOMP
  • 2026-05-12 Price Changed $149,999 REALCOMP
  • 2026-05-09 Price Changed $144,999 MiRealSource-MiMLS
  • 2026-05-08 Price Changed $144,999 REALCOMP
  • 2026-01-21 Price Changed $159,999 MiRealSource-MiMLS
  • 2026-01-20 Price Changed $159,999 REALCOMP
  • 2025-10-17 Price Changed $139,999 MiRealSource-MiMLS
  • 2025-10-17 Price Changed $139,999 REALCOMP
  • 2025-08-06 Price Changed $129,999 MiRealSource-MiMLS
  • 2025-08-05 Price Changed $129,999 REALCOMP
  • 2025-08-05 Relisted MiRealSource-MiMLS
  • 2025-08-05 Relisted REALCOMP
  • 2025-08-05 Contingent MiRealSource-MiMLS
  • 2025-08-05 Contingent REALCOMP
  • 2025-08-01 Relisted MiRealSource-MiMLS
  • 2025-08-01 Relisted REALCOMP
  • 2025-07-23 Contingent MiRealSource-MiMLS
  • 2025-07-23 Contingent REALCOMP
  • 2025-06-22 Price Changed $124,900 MiRealSource-MiMLS
  • 2025-06-21 Price Changed $124,900 REALCOMP
  • 2025-05-21 Price Changed $134,900 MiRealSource-MiMLS
  • 2025-05-21 Price Changed $134,900 REALCOMP
  • 2025-03-31 Listed $149,900 REALCOMP
  • 2025-03-31 Listed $149,900 MiRealSource-MiMLS
  • 2023-07-20 Contingent MiRealSource-MiMLS
  • 2023-07-20 Contingent REALCOMP
  • 2023-07-20 Listing Removed MiRealSource-MiMLS
  • 2023-07-20 Listing Removed REALCOMP
  • 2023-06-28 Price Changed $79,900 MiRealSource-MiMLS
  • 2023-06-28 Price Changed $79,900 REALCOMP
  • 2023-05-31 Listed $99,900 MiRealSource-MiMLS
  • 2023-05-31 Listed $99,900 REALCOMP
  • 2022-09-02 Sold (MLS) $40,000 MiRealSource-MiMLS
  • 2022-09-02 Sold (MLS) $40,000 REALCOMP
  • 2022-08-16 Pending MiRealSource-MiMLS
  • 2022-08-16 Pending REALCOMP
  • 2022-08-12 Listed $39,900 MiRealSource-MiMLS
  • 2022-08-12 Listed $39,900 REALCOMP
  • 2022-08-06 Listing Removed REALCOMP
  • 2022-08-06 Listing Removed MiRealSource-MiMLS
  • 2022-08-05 Relisted REALCOMP
  • 2021-08-31 Pending MiRealSource-MiMLS
  • 2021-08-31 Pending REALCOMP
  • 2021-08-25 Contingent MiRealSource-MiMLS
  • 2021-08-25 Contingent REALCOMP
  • 2021-08-24 Relisted MiRealSource-MiMLS
  • 2021-08-24 Relisted REALCOMP
  • 2021-07-08 Pending MiRealSource-MiMLS
  • 2021-07-08 Pending REALCOMP
  • 2021-07-06 Listed $39,900 MiRealSource-MiMLS
  • 2021-07-06 Listed $39,900 REALCOMP
  • 2013-02-28 Listing Removed MiRealSource-MiMLS
  • 2012-12-30 Listed $2,500 MiRealSource-MiMLS

Property tax history

-1.4%/yr

Latest (2025): $2,633 · -10.1% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…