12257 Ilene St · Detroit, MI 48204

$121,000

3 bd · 1.5 ba · 1,688 sqft · SingleFamily public records · 301 Days on market

Built 1924 3,920 sqft lot $72/sqft · 223% above area

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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 +20.0/30.0
• Appreciation +10.0/10.0
• ARV discount +7.5/15.0
• DSCR +6.4/10.0
• 1% rule +5.1/10.0
• Livability +3.7/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.3/10.0

Listing remarks MLS

Here is a stylishly renovated, Craftsman style dwelling on Detroit's West Side. You are welcomed by a sprawling, covered front porch. Property boasts an efficient layout with perfectly proportioned living spaces. Your buyers will be delighted by the quality of two brand new full baths, with lovely tubs and vanities. The exquisitely designed kitchen is another highlight, featuring butcher block countertops and stainless steel appliances. Vintage charm is retained in the living room with stately brick fireplace and built-in bookcases. Full basement. Detached garage. Privacy fence. Welcome home! BATVAI

Key facts

• Covered front porch
• Brick fireplace
• Built-in bookcases

Tags

• COVERED FRONT PORCH
• TWO BRAND NEW FULL BATHS
• BUTCHER BLOCK COUNTERTOPS
• STAINLESS STEEL APPLIANCES
• BRICK FIREPLACE
• BUILT-IN BOOKCASES

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $121k.

Deal economics

• At list price, monthly cash flow is $149 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $121k).
• Recommended offer: $106k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.8% vs local median 10.2% 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: 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: 244 active listings in the ZIP; 30 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 43% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
• This rent runs 42% of the median local income ($34k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $13k of equity ($837 loan paydown + $12k appreciation (10.0% local appreciation)).
• Wayne County population projected at -17% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (10.0% appreciation + 3.0% rent growth), your $34k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 3, paydown + projected appreciation supports a ~$33k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 301 days — a 12% lower offer ($106k) is reasonable based on typical stale-listing flexibility.
• 12 sale attempts since 23y ago; this cycle's ask has dropped $18k (13%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $65k; list at $121k implies a 86% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1924 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $106,480 (12.0% below list)

Questions for the listing agent

1. It's been on market 301 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1924 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.01% ✓
• Cap rate: 7.77%
• Cash-on-cash: 5.29%
• DSCR: 1.24
• GRM: 8.3

CMA / ARV

• ARV (median comp): $62,493
• List price: $121,000
• Delta: 93.62%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
12795 Ilene St	0.29mi	3/1.5	1,753 (+4%)	7mo	$148,900	$85	74
12645 Pinehurst St	0.26mi	3/2.0	1,608 (-5%)	10mo	$140,000	$87	70
13166 Washburn St	0.38mi	3/1.5	1,839 (+9%)	8mo	$105,300	$57	61
13176 Manor St	0.48mi	3/1.5	1,478 (-12%)	2mo	$60,500	$41	55
12076 Cloverlawn St	0.53mi	4/1.0 (+1)	1,602 (-5%)	9mo	$105,000	$66	52
12303 Cloverlawn St	0.48mi	3/1.5	1,454 (-14%)	4mo	$58,500	$40	52
11625 Ohio St	0.50mi	4/1.5 (+1)	1,578 (-6%)	13mo	$102,000	$65	50
9946 Manor St	0.72mi	4/2.0 (+1)	1,635 (-3%)	10mo	$41,000	$25	46
13546 Ilene St	0.52mi	3/1.0	1,440 (-15%)	6mo	$32,000	$22	44
13567 Cloverlawn St	0.73mi	4/2.0 (+1)	1,616 (-4%)	12mo	$120,000	$74	42
13606 Northlawn St	0.74mi	4/2.0 (+1)	1,790 (+6%)	8mo	$104,999	$59	42
13525 Cherrylawn St	0.62mi	3/2.0	1,450 (-14%)	10mo	$170,000	$117	37

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

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 28.1%
• Equity multiple: 3.23×
• Total profit: $75,414
• Equity at exit: $109,006

10-year hold

• IRR: 24.5%
• Equity multiple: 7.33×
• Total profit: $214,612
• Equity at exit: $235,076

Cash invested: $33,880 (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 48204

• Home prices YoY: 18.5%
• Active inventory: 244
• Price-to-rent: 8.3×

Monthly cashflow live

• Estimated rent: $1,219 high
• Mortgage (P&I): −$635
• Tax from tax record: −$129 /mo · $1,544/yr
• Insurance: −$50
• HOA: −$0
• Vacancy / Maint / Mgmt: −$256
• Net cashflow: $149

Break-even live

Break-even rent $1,030

Max offer price $121,000

Occupancy floor 83%

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: $30,250
• Closing costs: $3,630
• Reserves months: —
• Total cash needed: —

Rent comps 30 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
12144 Washburn St Detroit, MI	3.0	1.0	1200	$1,200	$1.00	14d	1	0.11mi
12468 Mendota St Detroit, MI	2.0	1.0	1100	$1,000	$0.91	24d	1	0.16mi
12468 Mendota St Detroit, MI	2.0	1.0	1100	$1,100	$1.00	43d	1	0.16mi
12650 Griggs St Detroit, MI	3.0	2.0	1628	$1,375	$0.84	24d	1	0.18mi
12703 Northlawn St Detroit, MI	2.0	1.0	1365	$1,053	$0.77	20d	1	0.47mi
12303 Cloverlawn St Detroit, MI	3.0	1.5	1454	$1,400	$0.96	43d	1	0.47mi
13620 Kentucky St Detroit, MI	3.0	1.0	1248	$1,200	$0.96	4d	1	0.63mi
10002 Manor Unit 2 Detroit, MI	3.0	1.0	1100	$1,150	$1.05	43d	1	0.66mi
13910 Kentucky St Detroit, MI	2.0	1.0	1680	$1,000	$0.60	43d	1	0.69mi
13965 Mendota St Detroit, MI	3.0	1.0	1222	$1,294	$1.06	17d	1	0.74mi
10359 Violetlawn St Unit 1 Detroit, MI	2.0	1.0	1200	$985	$0.82	43d	1	0.81mi
13979 Cherrylawn St Detroit, MI	3.0	1.0	1296	$1,334	$1.03	20d	1	0.82mi
14011 Roselawn St Detroit, MI	4.0	1.5	1300	$1,450	$1.12	1d	1	0.93mi
14011 Roselawn St Detroit, MI	4.0	1.5	1300	$1,450	$1.12	17d	1	0.93mi
14242 Ohio St Detroit, MI	4.0	1.0	1400	$1,000	$0.71	43d	1	0.98mi
13620 Tuller St Detroit, MI	4.0	1.0	1064	$1,374	$1.29	12d	1	0.98mi
12123 Santa Rosa Dr Detroit, MI	2.0	1.0	1680	$1,000	$0.60	24d	1	1.00mi
12663 Stoepel St Detroit, MI	2.0	1.0	1100	$1,050	$0.95	21d	1	1.06mi
9209 Pinehurst St Detroit, MI	3.0	1.0	1589	$1,500	$0.94	43d	1	1.16mi
Ohio St Unit 4 Detroit, MI	4.0	1.5	1400	$750	$0.54	43d	1	1.16mi
9355 Ward St Detroit, MI	3.0	1.0	1200	$1,327	$1.11	43d	1	1.17mi
9022 Northlawn St Detroit, MI	2.0	1.0	1100	$1,300	$1.18	24d	1	1.31mi
12546 Broadstreet Ave Detroit, MI	3.0	1.5	1899	$1,250	$0.66	44d	1	1.32mi
4336 Buena Vista St Detroit, MI	3.0	1.0	1300	$1,100	$0.85	43d	1	1.33mi
4341 Glendale St Detroit, MI	4.0	2.5	1832	$1,680	$0.92	4d	1	1.34mi
12778 Strathmoor St Detroit, MI	3.0	1.0	1597	$1,150	$0.72	4d	1	1.35mi
4287 W Grand St Unit 4289 Detroit, MI	3.0	1.0	1250	$1,000	$0.80	43d	1	1.37mi
13331 Strathmoor St Detroit, MI	3.0	1.0	1084	$1,100	$1.01	16d	1	1.45mi
14284 Cruse St Detroit, MI	3.0	1.0	1121	$1,150	$1.03	16d	1	1.45mi
11704 Broadstreet Ave Detroit, MI	3.0	1.0	1200	$1,050	$0.88	43d	1	1.48mi

Listing history 50 events

1. 2026-06-18
   days on market $121,000 Active 301 DOM
2. 2026-06-17
   days on market $121,000 Active 300 DOM
3. 2026-06-15
   days on market $121,000 Active 298 DOM
4. 2026-06-13
   days on market $121,000 Active 296 DOM
5. 2026-06-13
   days on market $121,000 Active 295 DOM
6. 2026-06-09
   days on market $121,000 Active 292 DOM
7. 2026-06-08
   days on market $121,000 Active 291 DOM
8. 2026-06-07
   days on market $121,000 Active 290 DOM
9. 2026-06-04
   days on market $121,000 Active 287 DOM
10. 2026-06-03
    days on market $121,000 Active 286 DOM
11. 2026-06-01
    days on market $121,000 Active 284 DOM
12. 2026-05-31
    days on market $121,000 Active 283 DOM
13. 2026-05-13
    historical Accepting Backup Offers 606-char remark

    Show marketing remark (608 chars)

    Here is a stylishly renovated, Craftsman style dwelling on Detroit's West Side. You are welcomed by a sprawling, covered front porch. Property boasts an efficient layout with perfectly proportioned living spaces. Your buyers will be delighted by the quality of two brand new full baths, with lovely tubs and vanities. The exquisitely designed kitchen is another highlight, featuring butcher block countertops and stainless steel appliances. Vintage charm is retained in the living room with stately brick fireplace and built-in bookcases. Full basement. Detached garage. Privacy fence. Welcome home! BATVAI

14. 2026-05-13
    historical Active Under Contract 608-char remark

    Show marketing remark (608 chars)

    Here is a stylishly renovated, Craftsman style dwelling on Detroit's West Side. You are welcomed by a sprawling, covered front porch. Property boasts an efficient layout with perfectly proportioned living spaces. Your buyers will be delighted by the quality of two brand new full baths, with lovely tubs and vanities. The exquisitely designed kitchen is another highlight, featuring butcher block countertops and stainless steel appliances. Vintage charm is retained in the living room with stately brick fireplace and built-in bookcases. Full basement. Detached garage. Privacy fence. Welcome home! BATVAI

15. 2026-04-13
    status Active 606-char remark

    Show marketing remark (608 chars)

    Here is a stylishly renovated, Craftsman style dwelling on Detroit's West Side. You are welcomed by a sprawling, covered front porch. Property boasts an efficient layout with perfectly proportioned living spaces. Your buyers will be delighted by the quality of two brand new full baths, with lovely tubs and vanities. The exquisitely designed kitchen is another highlight, featuring butcher block countertops and stainless steel appliances. Vintage charm is retained in the living room with stately brick fireplace and built-in bookcases. Full basement. Detached garage. Privacy fence. Welcome home! BATVAI

16. 2026-04-13
    status Active 608-char remark

    Show marketing remark (608 chars)

    Here is a stylishly renovated, Craftsman style dwelling on Detroit's West Side. You are welcomed by a sprawling, covered front porch. Property boasts an efficient layout with perfectly proportioned living spaces. Your buyers will be delighted by the quality of two brand new full baths, with lovely tubs and vanities. The exquisitely designed kitchen is another highlight, featuring butcher block countertops and stainless steel appliances. Vintage charm is retained in the living room with stately brick fireplace and built-in bookcases. Full basement. Detached garage. Privacy fence. Welcome home! BATVAI

17. 2026-04-09
    historical Active Under Contract 608-char remark

    Show marketing remark (606 chars)

    Here is a stylishly renovated, Craftsman style dwelling on Detroit's West Side. You are welcomed by a sprawling, covered front porch. Property boasts an efficient layout with perfectly proportioned living spaces. Your buyers will be delighted by the quality of two brand new full baths, with lovely tubs and vanities. The exquisitely designed kitchen is another highlight, featuring butcher block countertops and stainless steel appliances. Vintage charm is retained in the living room with stately brick fireplace and built-in bookcases. Full basement. Detached garage. Privacy fence. Welcome home! BATVAI

18. 2026-04-09
    historical Accepting Backup Offers 606-char remark

    Show marketing remark (606 chars)

    Here is a stylishly renovated, Craftsman style dwelling on Detroit's West Side. You are welcomed by a sprawling, covered front porch. Property boasts an efficient layout with perfectly proportioned living spaces. Your buyers will be delighted by the quality of two brand new full baths, with lovely tubs and vanities. The exquisitely designed kitchen is another highlight, featuring butcher block countertops and stainless steel appliances. Vintage charm is retained in the living room with stately brick fireplace and built-in bookcases. Full basement. Detached garage. Privacy fence. Welcome home! BATVAI

19. 2026-03-10
    price $121,000 606-char remark

    Show marketing remark (608 chars)

    Here is a stylishly renovated, Craftsman style dwelling on Detroit's West Side. You are welcomed by a sprawling, covered front porch. Property boasts an efficient layout with perfectly proportioned living spaces. Your buyers will be delighted by the quality of two brand new full baths, with lovely tubs and vanities. The exquisitely designed kitchen is another highlight, featuring butcher block countertops and stainless steel appliances. Vintage charm is retained in the living room with stately brick fireplace and built-in bookcases. Full basement. Detached garage. Privacy fence. Welcome home! BATVAI

20. 2026-03-10
    price $121,000 608-char remark

    Show marketing remark (608 chars)

    Here is a stylishly renovated, Craftsman style dwelling on Detroit's West Side. You are welcomed by a sprawling, covered front porch. Property boasts an efficient layout with perfectly proportioned living spaces. Your buyers will be delighted by the quality of two brand new full baths, with lovely tubs and vanities. The exquisitely designed kitchen is another highlight, featuring butcher block countertops and stainless steel appliances. Vintage charm is retained in the living room with stately brick fireplace and built-in bookcases. Full basement. Detached garage. Privacy fence. Welcome home! BATVAI

21. 2025-12-02
    price $123,000 606-char remark

    Show marketing remark (608 chars)

    Here is a stylishly renovated, Craftsman style dwelling on Detroit's West Side. You are welcomed by a sprawling, covered front porch. Property boasts an efficient layout with perfectly proportioned living spaces. Your buyers will be delighted by the quality of two brand new full baths, with lovely tubs and vanities. The exquisitely designed kitchen is another highlight, featuring butcher block countertops and stainless steel appliances. Vintage charm is retained in the living room with stately brick fireplace and built-in bookcases. Full basement. Detached garage. Privacy fence. Welcome home! BATVAI

22. 2025-12-02
    price $123,000 608-char remark

    Show marketing remark (608 chars)

    Here is a stylishly renovated, Craftsman style dwelling on Detroit's West Side. You are welcomed by a sprawling, covered front porch. Property boasts an efficient layout with perfectly proportioned living spaces. Your buyers will be delighted by the quality of two brand new full baths, with lovely tubs and vanities. The exquisitely designed kitchen is another highlight, featuring butcher block countertops and stainless steel appliances. Vintage charm is retained in the living room with stately brick fireplace and built-in bookcases. Full basement. Detached garage. Privacy fence. Welcome home! BATVAI

23. 2025-11-28
    price $126,000 606-char remark

    Show marketing remark (608 chars)

    Here is a stylishly renovated, Craftsman style dwelling on Detroit's West Side. You are welcomed by a sprawling, covered front porch. Property boasts an efficient layout with perfectly proportioned living spaces. Your buyers will be delighted by the quality of two brand new full baths, with lovely tubs and vanities. The exquisitely designed kitchen is another highlight, featuring butcher block countertops and stainless steel appliances. Vintage charm is retained in the living room with stately brick fireplace and built-in bookcases. Full basement. Detached garage. Privacy fence. Welcome home! BATVAI

24. 2025-11-28
    price $126,000 608-char remark

    Show marketing remark (608 chars)

    Here is a stylishly renovated, Craftsman style dwelling on Detroit's West Side. You are welcomed by a sprawling, covered front porch. Property boasts an efficient layout with perfectly proportioned living spaces. Your buyers will be delighted by the quality of two brand new full baths, with lovely tubs and vanities. The exquisitely designed kitchen is another highlight, featuring butcher block countertops and stainless steel appliances. Vintage charm is retained in the living room with stately brick fireplace and built-in bookcases. Full basement. Detached garage. Privacy fence. Welcome home! BATVAI

25. 2025-09-26
    price $127,000 606-char remark

    Show marketing remark (606 chars)

    Here is a stylishly renovated, Craftsman style dwelling on Detroit's West Side. You are welcomed by a sprawling, covered front porch. Property boasts an efficient layout with perfectly proportioned living spaces. Your buyers will be delighted by the quality of two brand new full baths, with lovely tubs and vanities. The exquisitely designed kitchen is another highlight, featuring butcher block countertops and stainless steel appliances. Vintage charm is retained in the living room with stately brick fireplace and built-in bookcases. Full basement. Detached garage. Privacy fence. Welcome home! BATVAI

26. 2025-09-25
    price $127,000 608-char remark

    Show marketing remark (608 chars)

    Here is a stylishly renovated, Craftsman style dwelling on Detroit's West Side. You are welcomed by a sprawling, covered front porch. Property boasts an efficient layout with perfectly proportioned living spaces. Your buyers will be delighted by the quality of two brand new full baths, with lovely tubs and vanities. The exquisitely designed kitchen is another highlight, featuring butcher block countertops and stainless steel appliances. Vintage charm is retained in the living room with stately brick fireplace and built-in bookcases. Full basement. Detached garage. Privacy fence. Welcome home! BATVAI

27. 2025-09-13
    price $129,000 606-char remark

    Show marketing remark (608 chars)

    Here is a stylishly renovated, Craftsman style dwelling on Detroit's West Side. You are welcomed by a sprawling, covered front porch. Property boasts an efficient layout with perfectly proportioned living spaces. Your buyers will be delighted by the quality of two brand new full baths, with lovely tubs and vanities. The exquisitely designed kitchen is another highlight, featuring butcher block countertops and stainless steel appliances. Vintage charm is retained in the living room with stately brick fireplace and built-in bookcases. Full basement. Detached garage. Privacy fence. Welcome home! BATVAI

28. 2025-09-13
    price $129,000 608-char remark

    Show marketing remark (608 chars)

    Here is a stylishly renovated, Craftsman style dwelling on Detroit's West Side. You are welcomed by a sprawling, covered front porch. Property boasts an efficient layout with perfectly proportioned living spaces. Your buyers will be delighted by the quality of two brand new full baths, with lovely tubs and vanities. The exquisitely designed kitchen is another highlight, featuring butcher block countertops and stainless steel appliances. Vintage charm is retained in the living room with stately brick fireplace and built-in bookcases. Full basement. Detached garage. Privacy fence. Welcome home! BATVAI

29. 2025-09-05
    price $131,000 606-char remark

    Show marketing remark (608 chars)

    Here is a stylishly renovated, Craftsman style dwelling on Detroit's West Side. You are welcomed by a sprawling, covered front porch. Property boasts an efficient layout with perfectly proportioned living spaces. Your buyers will be delighted by the quality of two brand new full baths, with lovely tubs and vanities. The exquisitely designed kitchen is another highlight, featuring butcher block countertops and stainless steel appliances. Vintage charm is retained in the living room with stately brick fireplace and built-in bookcases. Full basement. Detached garage. Privacy fence. Welcome home! BATVAI

30. 2025-09-05
    price $131,000 608-char remark

    Show marketing remark (608 chars)

    Here is a stylishly renovated, Craftsman style dwelling on Detroit's West Side. You are welcomed by a sprawling, covered front porch. Property boasts an efficient layout with perfectly proportioned living spaces. Your buyers will be delighted by the quality of two brand new full baths, with lovely tubs and vanities. The exquisitely designed kitchen is another highlight, featuring butcher block countertops and stainless steel appliances. Vintage charm is retained in the living room with stately brick fireplace and built-in bookcases. Full basement. Detached garage. Privacy fence. Welcome home! BATVAI

31. 2025-08-29
    price $135,000 606-char remark

    Show marketing remark (606 chars)

    Here is a stylishly renovated, Craftsman style dwelling on Detroit's West Side. You are welcomed by a sprawling, covered front porch. Property boasts an efficient layout with perfectly proportioned living spaces. Your buyers will be delighted by the quality of two brand new full baths, with lovely tubs and vanities. The exquisitely designed kitchen is another highlight, featuring butcher block countertops and stainless steel appliances. Vintage charm is retained in the living room with stately brick fireplace and built-in bookcases. Full basement. Detached garage. Privacy fence. Welcome home! BATVAI

32. 2025-08-28
    price $135,000 608-char remark

    Show marketing remark (608 chars)

    Here is a stylishly renovated, Craftsman style dwelling on Detroit's West Side. You are welcomed by a sprawling, covered front porch. Property boasts an efficient layout with perfectly proportioned living spaces. Your buyers will be delighted by the quality of two brand new full baths, with lovely tubs and vanities. The exquisitely designed kitchen is another highlight, featuring butcher block countertops and stainless steel appliances. Vintage charm is retained in the living room with stately brick fireplace and built-in bookcases. Full basement. Detached garage. Privacy fence. Welcome home! BATVAI

33. 2025-08-21
    listed $139,000 Active 608-char remark

    Show marketing remark (606 chars)

    Here is a stylishly renovated, Craftsman style dwelling on Detroit's West Side. You are welcomed by a sprawling, covered front porch. Property boasts an efficient layout with perfectly proportioned living spaces. Your buyers will be delighted by the quality of two brand new full baths, with lovely tubs and vanities. The exquisitely designed kitchen is another highlight, featuring butcher block countertops and stainless steel appliances. Vintage charm is retained in the living room with stately brick fireplace and built-in bookcases. Full basement. Detached garage. Privacy fence. Welcome home! BATVAI

34. 2025-08-21
    listed $139,000 Active 606-char remark

    Show marketing remark (606 chars)

    Here is a stylishly renovated, Craftsman style dwelling on Detroit's West Side. You are welcomed by a sprawling, covered front porch. Property boasts an efficient layout with perfectly proportioned living spaces. Your buyers will be delighted by the quality of two brand new full baths, with lovely tubs and vanities. The exquisitely designed kitchen is another highlight, featuring butcher block countertops and stainless steel appliances. Vintage charm is retained in the living room with stately brick fireplace and built-in bookcases. Full basement. Detached garage. Privacy fence. Welcome home! BATVAI

35. 2025-08-21
    historical

    Show marketing remark (606 chars)

    Here is a stylishly renovated, Craftsman style dwelling on Detroit's West Side. You are welcomed by a sprawling, covered front porch. Property boasts an efficient layout with perfectly proportioned living spaces. Your buyers will be delighted by the quality of two brand new full baths, with lovely tubs and vanities. The exquisitely designed kitchen is another highlight, featuring butcher block countertops and stainless steel appliances. Vintage charm is retained in the living room with stately brick fireplace and built-in bookcases. Full basement. Detached garage. Privacy fence. Welcome home! BATVAI

36. 2025-08-21
    historical

    Show marketing remark (606 chars)

    Here is a stylishly renovated, Craftsman style dwelling on Detroit's West Side. You are welcomed by a sprawling, covered front porch. Property boasts an efficient layout with perfectly proportioned living spaces. Your buyers will be delighted by the quality of two brand new full baths, with lovely tubs and vanities. The exquisitely designed kitchen is another highlight, featuring butcher block countertops and stainless steel appliances. Vintage charm is retained in the living room with stately brick fireplace and built-in bookcases. Full basement. Detached garage. Privacy fence. Welcome home! BATVAI

37. 2025-08-19
    listed $139,000 Active
38. 2025-08-19
    listed $139,000 Active
39. 2025-08-19
    historical
40. 2025-08-19
    historical
41. 2025-04-17
    price $55,000
42. 2025-04-16
    price $55,000
43. 2025-02-19
    price $57,000
44. 2025-02-19
    price $57,000
45. 2024-09-30
    price $59,000
46. 2024-09-30
    price $59,000
47. 2024-06-11
    price $62,500
48. 2024-06-10
    price $62,500
49. 2024-05-06
    listed $64,000 Active
50. 2024-05-06
    listed $64,000 Active

ⓘ 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: $1,544 · $129/mo
• Projected year-2 tax: $1,704 · $142/mo
• Expected delta: +$160/yr (+$13/mo · 10.3%)

ⓘ 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 2/10 Low 7 d/yr ≥97°F today · 14 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,627
• − Mortgage interest: −$6,778
• − Property taxes: −$1,544
• − Insurance: −$605
• − Repairs & maintenance: −$1,170
• − Management: −$1,170
• − Depreciation: −$3,520
• Taxable loss: −$160
• Est. tax savings @ 24.0%: +$38
• After-tax cash flow: $1,830/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): 20,696
• Household income: $34,468
• Rent vs Own: 45.0% rent · 55.0% own
• Severe rent burden: 1418.0

Population outlook (Wayne County) Hauer SSP2

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

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Black (86%)
• Race & ethnicity: Black 86% Two or more races 7% Hispanic / Latino 5% White 4% Native American 2%
• Hispanic origin (detail): Mexican 4%
• Common ancestry: Hispanic 1% Romanian 1%
• Foreign-born: 2% · Canada
• Languages at home: 95% English-only · Spanish 4%

Political lean MEDSL · Wayne

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

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 36.51%
• Current HPI: 234.0465
• Rent YoY: —
• Metro: Detroit-Warren-Dearborn, MI
• State GDP YoY: ▲ 1.37%
• F500 in state: 28

Industry mix (Fortune 500 HQ in MI)

Industry	F500 HQs	Revenue
▸Automotive Parts	3	$48B
▸Automotive	2	$372B
▸Chemicals	1	$45B
▸Automotive Retail	1	$29B
▸Healthcare / Medical Devices	1	$23B
▸Automotive Technology	1	$20B

Price history

+132.7% since first listed

50 events — show timeline

• 2026-05-13 Contingent — MiRealSource-MiMLS
• 2026-05-13 Contingent — REALCOMP
• 2026-04-13 Relisted — MiRealSource-MiMLS
• 2026-04-13 Relisted — REALCOMP
• 2026-04-09 Contingent — REALCOMP
• 2026-04-09 Contingent — MiRealSource-MiMLS
• 2026-03-10 Price Changed $121,000 MiRealSource-MiMLS
• 2026-03-10 Price Changed $121,000 REALCOMP
• 2025-12-02 Price Changed $123,000 MiRealSource-MiMLS
• 2025-12-02 Price Changed $123,000 REALCOMP
• 2025-11-28 Price Changed $126,000 MiRealSource-MiMLS
• 2025-11-28 Price Changed $126,000 REALCOMP
• 2025-09-26 Price Changed $127,000 MiRealSource-MiMLS
• 2025-09-25 Price Changed $127,000 REALCOMP
• 2025-09-13 Price Changed $129,000 MiRealSource-MiMLS
• 2025-09-13 Price Changed $129,000 REALCOMP
• 2025-09-05 Price Changed $131,000 MiRealSource-MiMLS
• 2025-09-05 Price Changed $131,000 REALCOMP
• 2025-08-29 Price Changed $135,000 MiRealSource-MiMLS
• 2025-08-28 Price Changed $135,000 REALCOMP
• 2025-08-21 Listed $139,000 REALCOMP
• 2025-08-21 Listing Removed — MiRealSource-MiMLS
• 2025-08-21 Listing Removed — REALCOMP
• 2025-08-21 Listed $139,000 MiRealSource-MiMLS
• 2025-08-19 Listing Removed — MiRealSource-MiMLS
• 2025-08-19 Listing Removed — REALCOMP
• 2025-08-19 Listed $139,000 MiRealSource-MiMLS
• 2025-08-19 Listed $139,000 REALCOMP
• 2025-04-17 Price Changed $55,000 MiRealSource-MiMLS
• 2025-04-16 Price Changed $55,000 REALCOMP
• 2025-02-19 Price Changed $57,000 MiRealSource-MiMLS
• 2025-02-19 Price Changed $57,000 REALCOMP
• 2024-09-30 Price Changed $59,000 MiRealSource-MiMLS
• 2024-09-30 Price Changed $59,000 REALCOMP
• 2024-06-11 Price Changed $62,500 MiRealSource-MiMLS
• 2024-06-10 Price Changed $62,500 REALCOMP
• 2024-05-06 Listed $64,000 MiRealSource-MiMLS
• 2024-05-06 Listed $64,000 REALCOMP
• 2022-12-08 Sold (Public Records) $65,000 Public Records
• 2021-11-30 Sold (Public Records) $47,500 Public Records
• 2021-11-19 Sold (MLS) $47,500 MiRealSource-MiMLS
• 2021-11-19 Sold (MLS) $47,500 REALCOMP
• 2021-11-12 Pending — MiRealSource-MiMLS
• 2021-11-12 Pending — REALCOMP
• 2021-10-20 Listed $49,900 MiRealSource-MiMLS
• 2021-10-20 Listed $49,900 REALCOMP
• 2004-10-28 Listing Removed — REALCOMP
• 2004-04-07 Listed $52,000 REALCOMP
• 2004-04-04 Listing Removed — REALCOMP
• 2003-10-04 Listed $52,000 REALCOMP

Property tax history

+2.1%/yr

Latest (2025): $1,544 · -54.1% YoY. Source: county tax records.