Duplex
4746 Chopin 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
- 6 days/yr
- Unhealthy air days in 30 yrs
- 8 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the B- 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 +29.8/30.0
- DSCR +10.0/10.0
- 1% rule +8.4/10.0
- ARV discount +7.5/15.0
- Livability +3.7/5.0
- Rent growth +2.5/5.0
- Condition / age +2.2/5.0
- Schools +1.3/10.0
- Appreciation +0.0/10.0
$169,900
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Multi-family units
County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 2 units. confirmed
Listing remarks MLS
Two-family flat including the side lot in Southwest Detroit, minutes from Michigan Central Station, Corktown, and Mexicantown. Both units projected at $1,100/month. The lower unit is vacant and ready to lease. The upper unit is currently seller-occupied and will be vacated prior to closing, offering a smooth transition for investors or owner-occupants alike. Original hardwood floors run throughout both units, complemented by dark-stained wood trim, ornate door casings, and decorative columns that separate the living and dining spaces. Bay windows with leaded glass grids bring in natural light, while cast iron radiators and ceiling fans add period character. Updated white kitchens feature stainless gas ranges, glass-front upper cabinets, and dark countertops. Both units include tankless hot water systems. The upper unit has second-floor laundry. Private basement access from both floors. Upper and lower covered porches provide outdoor space front and rear. The exterior features dual front entries with separate stairways and a dormered third-floor attic. Strong addition to any portfolio or a live-and-rent setup in an area seeing consistent investment. Sold as-is; buyer to verify all information and assume required city inspections.
Key facts
- Covered porches
- Two family flat
- 3,049 sq ft lot
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2 × 2-bed/1.0-bath units multifamily listed at $170k. Condition is rated fair.
Deal economics
- At list price, monthly cash flow is $624 ($7k/yr) — positive. Per door: $312/mo.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $170k).
- Recommended offer: $160k (6.0% below list) — sets the bar for market timing.
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: 94 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k 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 + 3.0% rent growth), your $48k cash investment doubles in ~8 years — after that, you're playing with house money.
Negotiation context
- It's been on market 61 days — a 6% lower offer ($160k) is reasonable based on typical stale-listing flexibility.
- 7 sale attempts since 15y ago; this cycle's ask has dropped $15k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $30k; list at $170k implies a 468% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1912 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 61 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
- Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
- What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
- Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
- Built in 1912 — 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 apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 1.34% ✓
- Cap rate
- 10.70%
- Cash-on-cash
- 15.74%
- DSCR
- 1.70
- GRM
- 6.2
CMA / ARV
- ARV (median comp)
- $108,381
- List price
- $169,900
- Delta
- 56.76%
- Verdict
- OVERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 5 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 4241 Martin St | 0.36mi | 4/2.0 | 2,072 (-7%) | 2mo | $115,000 | $56 | 69 |
| 4772 Cecil St | 0.06mi | 5/3.0 (+1) | 2,415 (+8%) | 10mo | $160,000 | $66 | 66 |
| 4027 Clippert St | 0.51mi | 4/2.0 | 2,202 (-1%) | 12mo | $310,000 | $141 | 64 |
| 6344 Devereaux St | 0.59mi | 4/2.0 | 2,128 (-5%) | 10mo | $90,000 | $42 | 56 |
| 7406 Edward St | 0.44mi | 5/2.0 (+1) | 1,929 (-14%) | 12mo | $133,500 | $69 | 42 |
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 · 3.0% rent growth · sell at horizon
- IRR
- 6.6%
- Equity multiple
- 1.26×
- Total profit
- $12,240
- Equity at exit
- $25,333
- IRR
- 16.0%
- Equity multiple
- 2.30×
- Total profit
- $61,965
- Equity at exit
- $14,690
Cash invested: $47,572 (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 48210
- Home prices YoY
- -22.3%
- Active inventory
- 94
- Price-to-rent
- 12.4×
Monthly cashflow live
- Estimated rent
- $2,276 high interval (Pro) →
- Mortgage (P&I)
- −$891
- Tax est. 1.5%
- −$212 /mo · $2,548/yr
- Insurance
- −$71
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$478
- Net cashflow
- $624
Break-even live
2-unit breakdown (identical units grouped — click to expand)
| Units | Beds | Baths | Est. rent |
|---|---|---|---|
| 2× units | 2 | 1 | $2,276 |
| #1 | 2 | 1 | $1,138 |
| #2 | 2 | 1 | $1,138 |
| Total (2 units) | $2,276 | ||
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
- $42,475
- Closing costs
- $5,097
- 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 1 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 4426 McGraw Ave Unit 1 Detroit, MI | 3.0 | 1.0 | 1400 | $1,200 | $0.86 | 44d | 1 | 1.38mi |
Listing history 20 events
-
2026-05-18status Pending 1248-char remark
Show marketing remark (1248 chars)
Two-family flat including the side lot in Southwest Detroit, minutes from Michigan Central Station, Corktown, and Mexicantown. Both units projected at $1,100/month. The lower unit is vacant and ready to lease. The upper unit is currently seller-occupied and will be vacated prior to closing, offering a smooth transition for investors or owner-occupants alike. Original hardwood floors run throughout both units, complemented by dark-stained wood trim, ornate door casings, and decorative columns that separate the living and dining spaces. Bay windows with leaded glass grids bring in natural light, while cast iron radiators and ceiling fans add period character. Updated white kitchens feature stainless gas ranges, glass-front upper cabinets, and dark countertops. Both units include tankless hot water systems. The upper unit has second-floor laundry. Private basement access from both floors. Upper and lower covered porches provide outdoor space front and rear. The exterior features dual front entries with separate stairways and a dormered third-floor attic. Strong addition to any portfolio or a live-and-rent setup in an area seeing consistent investment. Sold as-is; buyer to verify all information and assume required city inspections.
-
2026-05-18status Pending 1248-char remark
Show marketing remark (1248 chars)
Two-family flat including the side lot in Southwest Detroit, minutes from Michigan Central Station, Corktown, and Mexicantown. Both units projected at $1,100/month. The lower unit is vacant and ready to lease. The upper unit is currently seller-occupied and will be vacated prior to closing, offering a smooth transition for investors or owner-occupants alike. Original hardwood floors run throughout both units, complemented by dark-stained wood trim, ornate door casings, and decorative columns that separate the living and dining spaces. Bay windows with leaded glass grids bring in natural light, while cast iron radiators and ceiling fans add period character. Updated white kitchens feature stainless gas ranges, glass-front upper cabinets, and dark countertops. Both units include tankless hot water systems. The upper unit has second-floor laundry. Private basement access from both floors. Upper and lower covered porches provide outdoor space front and rear. The exterior features dual front entries with separate stairways and a dormered third-floor attic. Strong addition to any portfolio or a live-and-rent setup in an area seeing consistent investment. Sold as-is; buyer to verify all information and assume required city inspections.
-
2026-05-07price $169,900 1248-char remark
Show marketing remark (1248 chars)
Two-family flat including the side lot in Southwest Detroit, minutes from Michigan Central Station, Corktown, and Mexicantown. Both units projected at $1,100/month. The lower unit is vacant and ready to lease. The upper unit is currently seller-occupied and will be vacated prior to closing, offering a smooth transition for investors or owner-occupants alike. Original hardwood floors run throughout both units, complemented by dark-stained wood trim, ornate door casings, and decorative columns that separate the living and dining spaces. Bay windows with leaded glass grids bring in natural light, while cast iron radiators and ceiling fans add period character. Updated white kitchens feature stainless gas ranges, glass-front upper cabinets, and dark countertops. Both units include tankless hot water systems. The upper unit has second-floor laundry. Private basement access from both floors. Upper and lower covered porches provide outdoor space front and rear. The exterior features dual front entries with separate stairways and a dormered third-floor attic. Strong addition to any portfolio or a live-and-rent setup in an area seeing consistent investment. Sold as-is; buyer to verify all information and assume required city inspections.
-
2026-05-07price $169,900 1248-char remark
Show marketing remark (1248 chars)
Two-family flat including the side lot in Southwest Detroit, minutes from Michigan Central Station, Corktown, and Mexicantown. Both units projected at $1,100/month. The lower unit is vacant and ready to lease. The upper unit is currently seller-occupied and will be vacated prior to closing, offering a smooth transition for investors or owner-occupants alike. Original hardwood floors run throughout both units, complemented by dark-stained wood trim, ornate door casings, and decorative columns that separate the living and dining spaces. Bay windows with leaded glass grids bring in natural light, while cast iron radiators and ceiling fans add period character. Updated white kitchens feature stainless gas ranges, glass-front upper cabinets, and dark countertops. Both units include tankless hot water systems. The upper unit has second-floor laundry. Private basement access from both floors. Upper and lower covered porches provide outdoor space front and rear. The exterior features dual front entries with separate stairways and a dormered third-floor attic. Strong addition to any portfolio or a live-and-rent setup in an area seeing consistent investment. Sold as-is; buyer to verify all information and assume required city inspections.
-
2026-04-14price $179,900 1248-char remark
Show marketing remark (1248 chars)
Two-family flat including the side lot in Southwest Detroit, minutes from Michigan Central Station, Corktown, and Mexicantown. Both units projected at $1,100/month. The lower unit is vacant and ready to lease. The upper unit is currently seller-occupied and will be vacated prior to closing, offering a smooth transition for investors or owner-occupants alike. Original hardwood floors run throughout both units, complemented by dark-stained wood trim, ornate door casings, and decorative columns that separate the living and dining spaces. Bay windows with leaded glass grids bring in natural light, while cast iron radiators and ceiling fans add period character. Updated white kitchens feature stainless gas ranges, glass-front upper cabinets, and dark countertops. Both units include tankless hot water systems. The upper unit has second-floor laundry. Private basement access from both floors. Upper and lower covered porches provide outdoor space front and rear. The exterior features dual front entries with separate stairways and a dormered third-floor attic. Strong addition to any portfolio or a live-and-rent setup in an area seeing consistent investment. Sold as-is; buyer to verify all information and assume required city inspections.
-
2026-04-14price $179,900 1248-char remark
Show marketing remark (1248 chars)
Two-family flat including the side lot in Southwest Detroit, minutes from Michigan Central Station, Corktown, and Mexicantown. Both units projected at $1,100/month. The lower unit is vacant and ready to lease. The upper unit is currently seller-occupied and will be vacated prior to closing, offering a smooth transition for investors or owner-occupants alike. Original hardwood floors run throughout both units, complemented by dark-stained wood trim, ornate door casings, and decorative columns that separate the living and dining spaces. Bay windows with leaded glass grids bring in natural light, while cast iron radiators and ceiling fans add period character. Updated white kitchens feature stainless gas ranges, glass-front upper cabinets, and dark countertops. Both units include tankless hot water systems. The upper unit has second-floor laundry. Private basement access from both floors. Upper and lower covered porches provide outdoor space front and rear. The exterior features dual front entries with separate stairways and a dormered third-floor attic. Strong addition to any portfolio or a live-and-rent setup in an area seeing consistent investment. Sold as-is; buyer to verify all information and assume required city inspections.
-
2026-03-18$185,000 Active 1248-char remark
Show marketing remark (1248 chars)
Two-family flat including the side lot in Southwest Detroit, minutes from Michigan Central Station, Corktown, and Mexicantown. Both units projected at $1,100/month. The lower unit is vacant and ready to lease. The upper unit is currently seller-occupied and will be vacated prior to closing, offering a smooth transition for investors or owner-occupants alike. Original hardwood floors run throughout both units, complemented by dark-stained wood trim, ornate door casings, and decorative columns that separate the living and dining spaces. Bay windows with leaded glass grids bring in natural light, while cast iron radiators and ceiling fans add period character. Updated white kitchens feature stainless gas ranges, glass-front upper cabinets, and dark countertops. Both units include tankless hot water systems. The upper unit has second-floor laundry. Private basement access from both floors. Upper and lower covered porches provide outdoor space front and rear. The exterior features dual front entries with separate stairways and a dormered third-floor attic. Strong addition to any portfolio or a live-and-rent setup in an area seeing consistent investment. Sold as-is; buyer to verify all information and assume required city inspections.
-
2026-03-18$185,000 Active 1248-char remark
Show marketing remark (1248 chars)
Two-family flat including the side lot in Southwest Detroit, minutes from Michigan Central Station, Corktown, and Mexicantown. Both units projected at $1,100/month. The lower unit is vacant and ready to lease. The upper unit is currently seller-occupied and will be vacated prior to closing, offering a smooth transition for investors or owner-occupants alike. Original hardwood floors run throughout both units, complemented by dark-stained wood trim, ornate door casings, and decorative columns that separate the living and dining spaces. Bay windows with leaded glass grids bring in natural light, while cast iron radiators and ceiling fans add period character. Updated white kitchens feature stainless gas ranges, glass-front upper cabinets, and dark countertops. Both units include tankless hot water systems. The upper unit has second-floor laundry. Private basement access from both floors. Upper and lower covered porches provide outdoor space front and rear. The exterior features dual front entries with separate stairways and a dormered third-floor attic. Strong addition to any portfolio or a live-and-rent setup in an area seeing consistent investment. Sold as-is; buyer to verify all information and assume required city inspections.
-
2026-03-18historical
Show marketing remark (1248 chars)
Two-family flat including the side lot in Southwest Detroit, minutes from Michigan Central Station, Corktown, and Mexicantown. Both units projected at $1,100/month. The lower unit is vacant and ready to lease. The upper unit is currently seller-occupied and will be vacated prior to closing, offering a smooth transition for investors or owner-occupants alike. Original hardwood floors run throughout both units, complemented by dark-stained wood trim, ornate door casings, and decorative columns that separate the living and dining spaces. Bay windows with leaded glass grids bring in natural light, while cast iron radiators and ceiling fans add period character. Updated white kitchens feature stainless gas ranges, glass-front upper cabinets, and dark countertops. Both units include tankless hot water systems. The upper unit has second-floor laundry. Private basement access from both floors. Upper and lower covered porches provide outdoor space front and rear. The exterior features dual front entries with separate stairways and a dormered third-floor attic. Strong addition to any portfolio or a live-and-rent setup in an area seeing consistent investment. Sold as-is; buyer to verify all information and assume required city inspections.
-
2026-03-18historical
Show marketing remark (1248 chars)
Two-family flat including the side lot in Southwest Detroit, minutes from Michigan Central Station, Corktown, and Mexicantown. Both units projected at $1,100/month. The lower unit is vacant and ready to lease. The upper unit is currently seller-occupied and will be vacated prior to closing, offering a smooth transition for investors or owner-occupants alike. Original hardwood floors run throughout both units, complemented by dark-stained wood trim, ornate door casings, and decorative columns that separate the living and dining spaces. Bay windows with leaded glass grids bring in natural light, while cast iron radiators and ceiling fans add period character. Updated white kitchens feature stainless gas ranges, glass-front upper cabinets, and dark countertops. Both units include tankless hot water systems. The upper unit has second-floor laundry. Private basement access from both floors. Upper and lower covered porches provide outdoor space front and rear. The exterior features dual front entries with separate stairways and a dormered third-floor attic. Strong addition to any portfolio or a live-and-rent setup in an area seeing consistent investment. Sold as-is; buyer to verify all information and assume required city inspections.
-
2026-03-15$185,000 Active
-
2026-03-15$185,000
-
2019-06-04soldstatus $29,900 Sold
-
2019-06-04soldstatus $29,900 Closed
-
2019-05-04status Pending
-
2019-05-04status Pending
-
2019-04-28$29,900 Active
-
2019-04-28$29,900 Active
-
2012-04-24soldstatus $5,000
-
2011-10-21$28,000
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Climate risk First Street
- Flood 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 6 unhealthy d/yr today · 8 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
- $27,312
- − Mortgage interest
- −$9,517
- − Property taxes
- −$2,548
- − Insurance
- −$850
- − Repairs & maintenance
- −$2,185
- − Management
- −$2,185
- − Depreciation
- −$4,943
- Taxable income
- $5,084
- Est. tax owed @ 24.0%
- −$1,220
- After-tax cash flow
- $6,267/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.
Condition & rehab AI · 13 photos
This two-family property requires significant exterior and interior repairs and maintenance, but has potential for substantial value increase with updates.
Repairs flagged
- Major Exterior paint — Severe peeling and chipping.
- Major Exterior brick — Exposed and in need of repair.
- Major Exterior siding — Missing and damaged sections.
- Major Exterior windows — Need replacement due to leaded glass and potential rot.
- Unknown Exterior roof — No visible roof in the photos.
- Unknown Exterior foundation — No visible foundation in the photos.
- Major Exterior landscaping — Overgrown and in need of maintenance.
- Major Exterior fencing — Damaged and in need of repair or replacement.
Value-add opportunities
- Resale Paint exterior — Enhances curb appeal and property value.
- Resale Replace exterior windows — Improves energy efficiency and property value.
- Both Landscaping and fencing — Enhances curb appeal and property value for both resale and rental.
- Both HVAC upgrade — Improves comfort and energy efficiency, attracting tenants and buyers.
- Both Kitchen and bath updates — Modernizes spaces and attracts tenants and buyers.
- Both Interior paint and minor repairs — Enhances interior appearance and attracts tenants and buyers.
Renovation cost estimate screening
| Repair item | Severity | Est. cost |
|---|---|---|
| Exterior paint · Severe peeling and chipping. | Major | $15,000–50,000 |
| Exterior brick · Exposed and in need of repair. | Major | $15,000–50,000 |
| Exterior siding · Missing and damaged sections. | Major | $15,000–50,000 |
| Exterior windows · Need replacement due to leaded glass and potential rot. | Major | $15,000–50,000 |
| Exterior roof · No visible roof in the photos. | Unknown | $500–3,000 |
| Exterior foundation · No visible foundation in the photos. | Unknown | $500–3,000 |
| Exterior landscaping · Overgrown and in need of maintenance. | Major | $15,000–50,000 |
| Exterior fencing · Damaged and in need of repair or replacement. | Major | $15,000–50,000 |
| Total estimated repair cost · 8 items | $91,000–306,000 |
Value-add ROI direction
- Resale Paint exterior — Enhances curb appeal and property value. ↑
- Resale Replace exterior windows — Improves energy efficiency and property value. ↑
- Both Landscaping and fencing — Enhances curb appeal and property value for both resale and rental. ↑
- Both HVAC upgrade — Improves comfort and energy efficiency, attracting tenants and buyers. ↑
- Both Kitchen and bath updates — Modernizes spaces and attracts tenants and buyers. ↑
- Both Interior paint and minor repairs — Enhances interior appearance and attracts tenants and buyers. ↑
ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.
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
- City population
- 572,865
- Population (ZIP)
- 26,925
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
- Diverse neighborhood (Simpson 0.58)
- Race & ethnicity
- Hispanic / Latino 59% White 20% Black 17% Two or more races 16% Native American 1%
- Hispanic origin (detail)
- Mexican 44% Puerto Rican 5% Dominican 1%
- Common ancestry
- Romanian 2% Danish 1%
- Foreign-born
- 27% · Canada, Jamaica
- Languages at home
- 39% English-only · Spanish 50% Arabic 10%
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
- ▼ -85.82%
- Current HPI
- 299.5909
- Rent YoY
- —
- Metro
- —
- 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 |
|
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Price history
+506.8% since first listed20 events — show timeline
- 2026-05-18 Pending — MiRealSource-MiMLS
- 2026-05-18 Pending — REALCOMP
- 2026-05-07 Price Changed $169,900 MiRealSource-MiMLS
- 2026-05-07 Price Changed $169,900 REALCOMP
- 2026-04-14 Price Changed $179,900 MiRealSource-MiMLS
- 2026-04-14 Price Changed $179,900 REALCOMP
- 2026-03-18 Listed $185,000 REALCOMP
- 2026-03-18 Listing Removed — REALCOMP
- 2026-03-18 Listing Removed — MiRealSource-MiMLS
- 2026-03-18 Listed $185,000 MiRealSource-MiMLS
- 2026-03-15 Listed $185,000 REALCOMP
- 2026-03-15 Listed $185,000 MiRealSource-MiMLS
- 2019-06-04 Sold (MLS) $29,900 MiRealSource-MiMLS
- 2019-06-04 Sold (MLS) $29,900 REALCOMP
- 2019-05-04 Pending — MiRealSource-MiMLS
- 2019-05-04 Pending — REALCOMP
- 2019-04-28 Listed $29,900 MiRealSource-MiMLS
- 2019-04-28 Listed $29,900 REALCOMP
- 2012-04-24 Sold (MLS) $5,000 REALCOMP
- 2011-10-21 Listed $28,000 REALCOMP
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…