2051 Calvert St · Detroit, MI
Flood risk 3/10 · Minor
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.1%
- 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 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
🖨 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
Neighborhood map
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.
Questions for the listing agent
- 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?
- Built in 1923 — 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
- 1.72% ✓
- 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
- IRR
- 23.7%
- Equity multiple
- 2.01×
- Total profit
- $39,426
- Equity at exit
- $20,874
- 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
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
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
| Address | Beds | Baths | Sqft | Rent | $/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
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2026-06-18days on market $139,999 Active 444 DOM
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2026-06-17days on market $139,999 Active 443 DOM
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2026-06-15days on market $139,999 Active 441 DOM
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2026-06-13days on market $139,999 Active 439 DOM
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2026-06-13days on market $139,999 Active 438 DOM
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2026-06-09days on market $139,999 Active 435 DOM
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2026-06-08days on market $139,999 Active 434 DOM
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2026-06-07days on market $139,999 Active 433 DOM
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2026-06-04days on market $139,999 Active 430 DOM
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2026-06-03days on market $139,999 Active 429 DOM
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2026-06-01days on market $139,999 Active 427 DOM
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2026-05-31days on market $139,999 Active 426 DOM
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2026-05-13price $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.
-
2026-05-13price $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.
-
2026-05-12price $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.
-
2026-05-12price $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.
-
2026-05-09price $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.
-
2026-05-08price $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.
-
2026-01-21price $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.
-
2026-01-20price $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.
-
2025-10-17price $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.
-
2025-10-17price $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.
-
2025-08-06price $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.
-
2025-08-05price $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.
-
2025-08-05status 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.
-
2025-08-05status 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.
-
2025-08-05historical 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.
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2025-08-05historical 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.
-
2025-08-01status 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.
-
2025-08-01status 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.
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2025-07-23historical 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.
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2025-07-23historical 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.
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2025-06-22price $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.
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2025-06-21price $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.
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2025-05-21price $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.
-
2025-05-21price $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.
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2025-03-31$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.
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2025-03-31$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.
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2023-07-20historical Accepting Backup Offers
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2023-07-20historical Accepting Backup Offers
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2023-07-20historical
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2023-07-20historical
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2023-06-28price $79,900
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2023-06-28price $79,900
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2023-05-31$99,900 Active
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2023-05-31$99,900 Active
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2022-09-02soldstatus $40,000 Sold
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2022-09-02soldstatus $40,000 Closed
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2022-08-16status Pending
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2022-08-16status 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
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Walkable amenities ~0.75 mi
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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
- 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
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
- 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 |
|---|---|---|
| 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
+5700.0% since first listed55 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%/yrLatest (2025): $2,633 · -10.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…