2220 Collingwood St · Detroit, MI 48206

$199,900

4 bd · 1.5 ba · 1,634 sqft · SingleFamily public records · 59 Days on market

Built 1920 5,663 sqft lot $122/sqft · 8% above area Est $253k · 21% under ↓ 20% since listing

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Why this score? — see what drove the D+ 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).

• ARV discount +15.0/15.0
• Cash flow +12.5/30.0
• Rent growth +3.8/5.0
• DSCR +3.7/10.0
• Livability +3.7/5.0
• 1% rule +2.8/10.0
• Condition / age +2.5/5.0
• Schools +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Stunning Remodeled 4-Bedroom Character Home Near Boston-Edison! Welcome home to 2220 Collingwood Street! This beautifully remodeled 1920s brick home gives you the perfect mix of historic Detroit charm and fresh, modern living. Located just a few blocks north of the famous Boston-Edison Historic District, you are moving into a neighborhood rich with history, stunning architecture, and a proud community spirit. Step Inside & Fall in Love: - Bright & Inviting: Walk into a spacious, sunlit living room featuring a cozy fireplace and beautifully restored details that honor the home's 1920s roots. - Modern Kitchen: Enjoy a freshly remodeled kitchen with modern touches, perfect for cooking family meals or entertaining friends. - Room to Grow: With 4 generous bedrooms and 2 beautifully updated full bathrooms, there is plenty of comfortable space for everyone. - Bonus 3rd Floor: Need a home office, a playroom, or a creative studio? The bonus third floor offers the perfect flexible space to fit your exact lifestyle! - Finished Basement: The fully finished lower level adds even more living space. It is the perfect spot for a home theater, a gym, or an entertainment zone. The Neighborhood: Living on Collingwood puts you right in the heart of Detroit's vibrant revival. You are just a stone's throw away from the legendary Boston-Edison neighborhood, a community so beautiful that early auto barons like Henry Ford and Motown legends like Berry Gordy once called it home. Plus, with quick access to the Lodge Freeway (M-10), you are only minutes away from the shopping, dining, and energy of New Center, Midtown, and Downtown Detroit. This beautiful brick home is completely move-in ready and waiting for its next chapter. Homes with this much space, style, and history do not last long!

Key facts

• Remodeled kitchen
• Finished basement
• Bonus third floor

Tags

• REMODELED KITCHEN
• BONUS THIRD FLOOR
• FINISHED BASEMENT
• HISTORIC DISTRICT

What this means for you Summary

Snapshot

• This is a 4-bed/1.5-bath single-family listed at $200k.

Deal economics

• At list price, monthly cash flow is $-31 ($-368/yr) — negative.
• To cash-flow at today's rent, offer at most $194k (2.7% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $155k (22.5% below list).
• Recommended offer: $155k (22.5% below list) — sets the bar for 1% rule.
• Cap rate 6.1% vs local median 10.0% in Detroit — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

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: 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.
• Zoned schools: Durfee Elementarymiddle School (593 students, 91% FRL); Central High School (math 24% / reading 24%, grade F, #481 of 713 statewide, top 81%, 353 students, 89% FRL) — zoned schools at 90% FRL track the district average.
• Market conditions: Rents rising fast (+5.2%/yr); 273 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
• This rent runs 41% of the median local income ($45k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k 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.

Negotiation context

• It's been on market 59 days — a 3% lower offer ($194k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 2y ago; this cycle's ask has dropped $30k (13%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1920 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $154,998 (22.5% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 59 days. Have you received any prior offers? Is the seller open to a 22% concession, seller financing, or rate buy-down credit?
3. Built in 1920 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
8. 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.
9. 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.
10. 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: 0.78% ✗
• Cap rate: 6.11%
• Cash-on-cash: -0.66%
• DSCR: 0.97
• GRM: 10.7

CMA / ARV

• ARV (median comp): $253,146
• List price: $199,900
• Delta: -21.03%
• 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
2064 Glynn Ct	0.13mi	4/1.5	1,624 (-1%)	4mo	$118,556	$73	90
2050 Atkinson St	0.50mi	4/1.5	1,624 (-1%)	8mo	$75,000	$46	69
2704 Burlingame St	0.42mi	3/1.5 (-1)	1,618 (-1%)	6mo	$119,000	$74	69
2405 Sturtevant St	0.57mi	3/1.5 (-1)	1,636 (+0%)	3mo	$45,000	$28	66
3275 Collingwood St	0.69mi	4/1.5	1,600 (-2%)	2mo	$64,000	$40	63
2437 Longfellow St	0.43mi	4/1.5	1,841 (+13%)	2mo	$135,000	$73	57
2220 Webb St	0.20mi	4/2.5	1,848 (+13%)	12mo	$130,000	$70	55
2460 Atkinson St	0.54mi	3/1.5 (-1)	1,590 (-3%)	16mo	$239,000	$150	52
1930 Atkinson St	0.53mi	4/1.0	1,798 (+10%)	16mo	$201,000	$112	43
1981 Leslie St	0.68mi	3/1.5 (-1)	1,518 (-7%)	13mo	$50,000	$33	40
3040 Burlingame St	0.61mi	3/2.5 (-1)	1,778 (+9%)	12mo	$275,000	$155	38
2467 Highland St	0.53mi	3/1.0 (-1)	1,421 (-13%)	17mo	$34,000	$24	32

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

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

5-year hold

• IRR: -15.2%
• Equity multiple: 0.45×
• Total profit: $-30,895
• Equity at exit: $29,806

10-year hold

• IRR: -3.6%
• Equity multiple: 0.74×
• Total profit: $-14,589
• Equity at exit: $17,284

Cash invested: $55,972 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 62 Landlord-Friendly
• State Michigan: 62 Landlord-Friendly · EVEN
• County: — inherits STATE
• City: — inherits STATE

7-day pay-or-quit; mixed climate; Detroit/AA have some protections.

Methodology + full state rankings →

ZIP-level market 48206

• Rents YoY: 5.2%
• Active inventory: 273
• Price-to-rent: 10.7×

Monthly cashflow live

• Estimated rent: $1,550 high
• Mortgage (P&I): −$1,048
• Tax from tax record: −$124 /mo · $1,483/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$325
• Net cashflow: $-31

Break-even live

Break-even rent $1,589

Max offer price $194,480

Occupancy floor 97%

Sensitivity live

Price	-10% $82	-5% $26	+0% $-31	+5% $-87	+10% $-144
Rent	-10% $-153	-5% $-92	+0% $-31	+5% $31	+10% $92
Rate	-1.0pp $70	-0.5pp $20	base $-31	+0.5pp $-82	+1.0pp $-135

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: $49,975
• Closing costs: $5,997
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1929 Calvert Ave Unit 2 Detroit, MI	3.0	1.0	1414	$1,199	$0.85	17d	1	0.19mi
2634 Lawrence St Detroit, MI	3.0	1.5	1388	$1,600	$1.15	4d	1	0.37mi
2655 Collingwood St Detroit, MI	4.0	1.5	1881	$2,700	$1.44	0d	1	0.39mi
2653 Calvert Ave Unit 1 Detroit, MI	3.0	1.0	1305	$1,200	$0.92	45d	1	0.39mi
9844 Woodrow Wilson St Detroit, MI	3.0	1.0	1187	$1,300	$1.10	14d	1	0.40mi
2727 Calvert Ave Unit 1 Detroit, MI	3.0	1.5	1350	$1,200	$0.89	45d	1	0.46mi
1427 Calvert Ave Detroit, MI	3.0	1.0	1100	$1,750	$1.59	45d	1	0.50mi
1427 Calvert Ave Detroit, MI	3.0	1.0	1100	$1,850	$1.68	26d	1	0.50mi
2925 Calvert St Detroit, MI	3.0	1.0	1400	$1,300	$0.93	19d	1	0.52mi
3031 Lawrence St Detroit, MI	4.0	1.0	1700	$1,600	$0.94	19d	1	0.61mi
2474 Fullerton St Detroit, MI	3.0	1.0	1400	$1,300	$0.93	17d	1	0.65mi
2254 Taylor St Unit Taylor St unit Detroit, MI	3.0	1.0	1307	$1,550	$1.19	5d	1	0.65mi
3224 Calvert St Detroit, MI	3.0	1.0	1150	$1,150	$1.00	45d	1	0.67mi
3226 Calvert Ave Detroit, MI	3.0	1.0	1100	$1,200	$1.09	14d	1	0.68mi
3266 Calvert Ave Fl 2 Detroit, MI	3.0	1.0	1279	$1,300	$1.02	26d	1	0.72mi
2463 Taylor St Detroit, MI	3.0	1.0	1350	$1,100	$0.81	45d	1	0.72mi
2302 Hazelwood St Unit 1 Detroit, MI	3.0	1.0	1550	$1,273	$0.82	26d	1	0.72mi
3322 Webb St Unit 2 Detroit, MI	3.0	1.0	1656	$1,350	$0.82	45d	1	0.78mi
3322 Webb St Unit 1 Detroit, MI	3.0	1.0	1656	$1,350	$0.82	45d	1	0.78mi
3322 Webb St Detroit, MI	3.0	1.0	1600	$1,250	$0.78	19d	1	0.78mi
3422 Edison St Detroit, MI	3.0	1.0	1300	$1,295	$1.00	19d	1	0.86mi
3220 Gladstone St Detroit, MI	3.0	1.0	1248	$1,200	$0.96	45d	1	1.02mi
1926 Clements St Unit 1926 Detroit, MI	3.0	1.0	1150	$1,250	$1.09	22d	1	1.03mi
1926 Clements St Detroit, MI	3.0	1.0	1150	$1,150	$1.00	7d	1	1.03mi
2504 W Euclid St Unit 2506 Detroit, MI	3.0	1.0	1475	$1,675	$1.14	45d	1	1.06mi
2506 W Euclid St Detroit, MI	3.0	1.0	1475	$1,675	$1.14	45d	1	1.06mi
2504 W Euclid St Unit 2504 Detroit, MI	3.0	1.0	1475	$1,650	$1.12	45d	1	1.07mi
41 Richton St Highland Park, MI	5.0	2.0	1871	$1,800	$0.96	17d	1	1.18mi
41 Richton St Highland Park, MI	5.0	2.0	1871	$1,800	$0.96	4d	1	1.18mi
2047 Seward St Detroit, MI	3.0	1.0	1421	$1,453	$1.02	0d	1	1.19mi
3740 Tyler St Unit 1 Detroit, MI	3.0	1.0	1300	$1,300	$1.00	7d	1	1.23mi
1226 Virginia Park St Unit 1226 Virginia Park, Upper V 1/10/26 (T) Detroit, MI	3.0	1.0	1100	$1,200	$1.09	45d	1	1.23mi
3209 W Grand St Detroit, MI	3.0	1.0	1550	$1,103	$0.71	45d	1	1.24mi
3786 Carter St Unit 2 Detroit, MI	3.0	1.0	1400	$1,100	$0.79	26d	1	1.24mi
3259 W Philadelphia St Detroit, MI	3.0	1.0	1293	$1,400	$1.08	19d	1	1.24mi
64 Glendale St Highland Park, MI	4.0	1.0	1464	$1,500	$1.02	12d	1	1.27mi
3757 Blaine St Detroit, MI	3.0	1.0	1169	$1,480	$1.27	19d	1	1.28mi
11704 Broadstreet Ave Detroit, MI	3.0	1.0	1200	$1,050	$0.88	45d	1	1.31mi
3799 W Philadelphia St Detroit, MI	5.0	2.0	2200	$1,650	$0.75	19d	1	1.38mi
7640 Woodrow Wilson St Unit 1 Detroit, MI	3.0	1.5	1095	$1,400	$1.28	45d	1	1.39mi

Listing history 28 events

1. 2026-06-13
   days on market $199,900 Active 59 DOM
2. 2026-06-13
   days on market $199,900 Active 58 DOM
3. 2026-06-09
   days on market $199,900 Active 55 DOM
4. 2026-06-08
   days on market $199,900 Active 54 DOM
5. 2026-06-07
   days on market $199,900 Active 53 DOM
6. 2026-06-04
   days on market $199,900 Active 50 DOM
7. 2026-06-03
   days on market $199,900 Active 49 DOM
8. 2026-06-02
   days on market $199,900 Active 48 DOM
9. 2026-06-02
   price $199,900 Active 47 DOM
10. 2026-06-01
    days on market $222,500 Active 47 DOM
11. 2026-05-31
    days on market $222,500 Active 46 DOM
12. 2026-05-04
    price $227,500 1805-char remark

    Show marketing remark (1812 chars)

    Stunning Remodeled 4-Bedroom Character Home Near Boston-Edison! Welcome home to 2220 Collingwood Street! This beautifully remodeled 1920s brick home gives you the perfect mix of historic Detroit charm and fresh, modern living. Located just a few blocks north of the famous Boston-Edison Historic District, you are moving into a neighborhood rich with history, stunning architecture, and a proud community spirit. Step Inside & Fall in Love: - Bright & Inviting: Walk into a spacious, sunlit living room featuring a cozy fireplace and beautifully restored details that honor the home's 1920s roots. - Modern Kitchen: Enjoy a freshly remodeled kitchen with modern touches, perfect for cooking family meals or entertaining friends. - Room to Grow: With 4 generous bedrooms and 2 beautifully updated full bathrooms, there is plenty of comfortable space for everyone. - Bonus 3rd Floor: Need a home office, a playroom, or a creative studio? The bonus third floor offers the perfect flexible space to fit your exact lifestyle! - Finished Basement: The fully finished lower level adds even more living space. It is the perfect spot for a home theater, a gym, or an entertainment zone. The Neighborhood: Living on Collingwood puts you right in the heart of Detroit’s vibrant revival. You are just a stone's throw away from the legendary Boston-Edison neighborhood, a community so beautiful that early auto barons like Henry Ford and Motown legends like Berry Gordy once called it home. Plus, with quick access to the Lodge Freeway (M-10), you are only minutes away from the shopping, dining, and energy of New Center, Midtown, and Downtown Detroit. This beautiful brick home is completely move-in ready and waiting for its next chapter. Homes with this much space, style, and history do not last long!

13. 2026-05-04
    price $227,500 1812-char remark

    Show marketing remark (1812 chars)

    Stunning Remodeled 4-Bedroom Character Home Near Boston-Edison! Welcome home to 2220 Collingwood Street! This beautifully remodeled 1920s brick home gives you the perfect mix of historic Detroit charm and fresh, modern living. Located just a few blocks north of the famous Boston-Edison Historic District, you are moving into a neighborhood rich with history, stunning architecture, and a proud community spirit. Step Inside & Fall in Love: - Bright & Inviting: Walk into a spacious, sunlit living room featuring a cozy fireplace and beautifully restored details that honor the home's 1920s roots. - Modern Kitchen: Enjoy a freshly remodeled kitchen with modern touches, perfect for cooking family meals or entertaining friends. - Room to Grow: With 4 generous bedrooms and 2 beautifully updated full bathrooms, there is plenty of comfortable space for everyone. - Bonus 3rd Floor: Need a home office, a playroom, or a creative studio? The bonus third floor offers the perfect flexible space to fit your exact lifestyle! - Finished Basement: The fully finished lower level adds even more living space. It is the perfect spot for a home theater, a gym, or an entertainment zone. The Neighborhood: Living on Collingwood puts you right in the heart of Detroit’s vibrant revival. You are just a stone's throw away from the legendary Boston-Edison neighborhood, a community so beautiful that early auto barons like Henry Ford and Motown legends like Berry Gordy once called it home. Plus, with quick access to the Lodge Freeway (M-10), you are only minutes away from the shopping, dining, and energy of New Center, Midtown, and Downtown Detroit. This beautiful brick home is completely move-in ready and waiting for its next chapter. Homes with this much space, style, and history do not last long!

14. 2026-05-04
    status Active 1805-char remark

    Show marketing remark (1812 chars)

    Stunning Remodeled 4-Bedroom Character Home Near Boston-Edison! Welcome home to 2220 Collingwood Street! This beautifully remodeled 1920s brick home gives you the perfect mix of historic Detroit charm and fresh, modern living. Located just a few blocks north of the famous Boston-Edison Historic District, you are moving into a neighborhood rich with history, stunning architecture, and a proud community spirit. Step Inside & Fall in Love: - Bright & Inviting: Walk into a spacious, sunlit living room featuring a cozy fireplace and beautifully restored details that honor the home's 1920s roots. - Modern Kitchen: Enjoy a freshly remodeled kitchen with modern touches, perfect for cooking family meals or entertaining friends. - Room to Grow: With 4 generous bedrooms and 2 beautifully updated full bathrooms, there is plenty of comfortable space for everyone. - Bonus 3rd Floor: Need a home office, a playroom, or a creative studio? The bonus third floor offers the perfect flexible space to fit your exact lifestyle! - Finished Basement: The fully finished lower level adds even more living space. It is the perfect spot for a home theater, a gym, or an entertainment zone. The Neighborhood: Living on Collingwood puts you right in the heart of Detroit’s vibrant revival. You are just a stone's throw away from the legendary Boston-Edison neighborhood, a community so beautiful that early auto barons like Henry Ford and Motown legends like Berry Gordy once called it home. Plus, with quick access to the Lodge Freeway (M-10), you are only minutes away from the shopping, dining, and energy of New Center, Midtown, and Downtown Detroit. This beautiful brick home is completely move-in ready and waiting for its next chapter. Homes with this much space, style, and history do not last long!

15. 2026-05-04
    status Active 1812-char remark

    Show marketing remark (1812 chars)

    Stunning Remodeled 4-Bedroom Character Home Near Boston-Edison! Welcome home to 2220 Collingwood Street! This beautifully remodeled 1920s brick home gives you the perfect mix of historic Detroit charm and fresh, modern living. Located just a few blocks north of the famous Boston-Edison Historic District, you are moving into a neighborhood rich with history, stunning architecture, and a proud community spirit. Step Inside & Fall in Love: - Bright & Inviting: Walk into a spacious, sunlit living room featuring a cozy fireplace and beautifully restored details that honor the home's 1920s roots. - Modern Kitchen: Enjoy a freshly remodeled kitchen with modern touches, perfect for cooking family meals or entertaining friends. - Room to Grow: With 4 generous bedrooms and 2 beautifully updated full bathrooms, there is plenty of comfortable space for everyone. - Bonus 3rd Floor: Need a home office, a playroom, or a creative studio? The bonus third floor offers the perfect flexible space to fit your exact lifestyle! - Finished Basement: The fully finished lower level adds even more living space. It is the perfect spot for a home theater, a gym, or an entertainment zone. The Neighborhood: Living on Collingwood puts you right in the heart of Detroit’s vibrant revival. You are just a stone's throw away from the legendary Boston-Edison neighborhood, a community so beautiful that early auto barons like Henry Ford and Motown legends like Berry Gordy once called it home. Plus, with quick access to the Lodge Freeway (M-10), you are only minutes away from the shopping, dining, and energy of New Center, Midtown, and Downtown Detroit. This beautiful brick home is completely move-in ready and waiting for its next chapter. Homes with this much space, style, and history do not last long!

16. 2026-04-01
    historical 1805-char remark

    Show marketing remark (1805 chars)

    Stunning Remodeled 4-Bedroom Character Home Near Boston-Edison! Welcome home to 2220 Collingwood Street! This beautifully remodeled 1920s brick home gives you the perfect mix of historic Detroit charm and fresh, modern living. Located just a few blocks north of the famous Boston-Edison Historic District, you are moving into a neighborhood rich with history, stunning architecture, and a proud community spirit. Step Inside & Fall in Love: - Bright & Inviting: Walk into a spacious, sunlit living room featuring a cozy fireplace and beautifully restored details that honor the home's 1920s roots. - Modern Kitchen: Enjoy a freshly remodeled kitchen with modern touches, perfect for cooking family meals or entertaining friends. - Room to Grow: With 4 generous bedrooms and 2 beautifully updated full bathrooms, there is plenty of comfortable space for everyone. - Bonus 3rd Floor: Need a home office, a playroom, or a creative studio? The bonus third floor offers the perfect flexible space to fit your exact lifestyle! - Finished Basement: The fully finished lower level adds even more living space. It is the perfect spot for a home theater, a gym, or an entertainment zone. The Neighborhood: Living on Collingwood puts you right in the heart of Detroit's vibrant revival. You are just a stone's throw away from the legendary Boston-Edison neighborhood, a community so beautiful that early auto barons like Henry Ford and Motown legends like Berry Gordy once called it home. Plus, with quick access to the Lodge Freeway (M-10), you are only minutes away from the shopping, dining, and energy of New Center, Midtown, and Downtown Detroit. This beautiful brick home is completely move-in ready and waiting for its next chapter. Homes with this much space, style, and history do not last long!

17. 2026-03-13
    listed $229,900 Active 1805-char remark

    Show marketing remark (1812 chars)

    Stunning Remodeled 4-Bedroom Character Home Near Boston-Edison! Welcome home to 2220 Collingwood Street! This beautifully remodeled 1920s brick home gives you the perfect mix of historic Detroit charm and fresh, modern living. Located just a few blocks north of the famous Boston-Edison Historic District, you are moving into a neighborhood rich with history, stunning architecture, and a proud community spirit. Step Inside & Fall in Love: - Bright & Inviting: Walk into a spacious, sunlit living room featuring a cozy fireplace and beautifully restored details that honor the home's 1920s roots. - Modern Kitchen: Enjoy a freshly remodeled kitchen with modern touches, perfect for cooking family meals or entertaining friends. - Room to Grow: With 4 generous bedrooms and 2 beautifully updated full bathrooms, there is plenty of comfortable space for everyone. - Bonus 3rd Floor: Need a home office, a playroom, or a creative studio? The bonus third floor offers the perfect flexible space to fit your exact lifestyle! - Finished Basement: The fully finished lower level adds even more living space. It is the perfect spot for a home theater, a gym, or an entertainment zone. The Neighborhood: Living on Collingwood puts you right in the heart of Detroit’s vibrant revival. You are just a stone's throw away from the legendary Boston-Edison neighborhood, a community so beautiful that early auto barons like Henry Ford and Motown legends like Berry Gordy once called it home. Plus, with quick access to the Lodge Freeway (M-10), you are only minutes away from the shopping, dining, and energy of New Center, Midtown, and Downtown Detroit. This beautiful brick home is completely move-in ready and waiting for its next chapter. Homes with this much space, style, and history do not last long!

18. 2026-03-13
    listed $229,900 Active 1812-char remark

    Show marketing remark (1812 chars)

    Stunning Remodeled 4-Bedroom Character Home Near Boston-Edison! Welcome home to 2220 Collingwood Street! This beautifully remodeled 1920s brick home gives you the perfect mix of historic Detroit charm and fresh, modern living. Located just a few blocks north of the famous Boston-Edison Historic District, you are moving into a neighborhood rich with history, stunning architecture, and a proud community spirit. Step Inside & Fall in Love: - Bright & Inviting: Walk into a spacious, sunlit living room featuring a cozy fireplace and beautifully restored details that honor the home's 1920s roots. - Modern Kitchen: Enjoy a freshly remodeled kitchen with modern touches, perfect for cooking family meals or entertaining friends. - Room to Grow: With 4 generous bedrooms and 2 beautifully updated full bathrooms, there is plenty of comfortable space for everyone. - Bonus 3rd Floor: Need a home office, a playroom, or a creative studio? The bonus third floor offers the perfect flexible space to fit your exact lifestyle! - Finished Basement: The fully finished lower level adds even more living space. It is the perfect spot for a home theater, a gym, or an entertainment zone. The Neighborhood: Living on Collingwood puts you right in the heart of Detroit’s vibrant revival. You are just a stone's throw away from the legendary Boston-Edison neighborhood, a community so beautiful that early auto barons like Henry Ford and Motown legends like Berry Gordy once called it home. Plus, with quick access to the Lodge Freeway (M-10), you are only minutes away from the shopping, dining, and energy of New Center, Midtown, and Downtown Detroit. This beautiful brick home is completely move-in ready and waiting for its next chapter. Homes with this much space, style, and history do not last long!

19. 2025-03-18
    historical
20. 2025-03-18
    historical
21. 2024-12-01
    price $274,500
22. 2024-11-30
    price $274,500
23. 2024-10-25
    price $275,000
24. 2024-10-25
    price $275,000
25. 2024-09-28
    listed $285,000 Active
26. 2024-09-28
    listed $285,000 Active
27. 2024-09-22
    historical
28. 2024-09-22
    historical

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

Tax reassessment forecast MI · Partial reset (capped growth)

• Current annual tax: $1,483 · $124/mo
• Projected year-2 tax: $2,281 · $190/mo
• Expected delta: +$798/yr (+$66/mo · 53.8%)

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥97°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,600
• − Mortgage interest: −$11,198
• − Property taxes: −$1,483
• − Insurance: −$1,000
• − Repairs & maintenance: −$1,488
• − Management: −$1,488
• − Depreciation: −$5,815
• Taxable loss: −$3,871
• Est. tax savings @ 24.0%: +$929
• After-tax cash flow: $561/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
▸Automotive Parts	3	$48B
▸Automotive	2	$372B
▸Chemicals	1	$45B
▸Automotive Retail	1	$29B
▸Healthcare / Medical Devices	1	$23B
▸Automotive Technology	1	$20B

Price history

-20.2% since first listed

17 events — show timeline

• 2026-05-04 Price Changed $227,500 MiRealSource-MiMLS
• 2026-05-04 Price Changed $227,500 REALCOMP
• 2026-05-04 Relisted — MiRealSource-MiMLS
• 2026-05-04 Relisted — REALCOMP
• 2026-04-01 Listing Removed — MiRealSource-MiMLS
• 2026-03-13 Listed $229,900 REALCOMP
• 2026-03-13 Listed $229,900 MiRealSource-MiMLS
• 2025-03-18 Listing Removed — REALCOMP
• 2025-03-18 Listing Removed — MiRealSource-MiMLS
• 2024-12-01 Price Changed $274,500 MiRealSource-MiMLS
• 2024-11-30 Price Changed $274,500 REALCOMP
• 2024-10-25 Price Changed $275,000 MiRealSource-MiMLS
• 2024-10-25 Price Changed $275,000 REALCOMP
• 2024-09-28 Listed $285,000 MiRealSource-MiMLS
• 2024-09-28 Listed $285,000 REALCOMP
• 2024-09-22 Coming Soon — MiRealSource-MiMLS
• 2024-09-22 Coming Soon — REALCOMP

Property tax history

+3.4%/yr

Latest (2025): $1,483 · +517.9% YoY. Source: county tax records.