601 Westminster St · Detroit, MI 48202

$114,900

4 bd · 1.5 ba · 1,551 sqft · SingleFamily public records · 252 Days on market

Built 1910 3,485 sqft lot $74/sqft · 6% below area Est $142k · 19% under

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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 +30.0/30.0
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Livability +3.7/5.0
• Condition / age +2.5/5.0
• Schools +1.3/10.0
• Rent growth +1.2/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

OPPORTUNITY KNOCKS!!! The DETROIT DOWN PAYMENT ASSISTANCE PROGRAM provides qualifying families grants up to $25,000 for down payment, pre-paids including interest rate buy down, closing costs, and principal reduction. Making this home especially affordable! This beautiful home is located right next to the prestigious historic home adjacent to the Arden Park-East Boston historic District where typical homes are well over $500k and can reach millions of dollars. Homes in this neighborhood are highly sought after and with all the revitalization, including newly built homes, this home presents as a great opportunity. There are three floors of living space with a flowing floor plan. The first floor has a formal living room with a fireplace, off of a spacious foyer. There is also a 1/2 bath on the first floor which is rare for historic Detroit homes. The second floor has 4 sizeable bedrooms, one leading to a balcony that overlooks the prestigious Arden Park District. Take the winding staircase to the third floor which has high ceilings and already has two spacious rooms that can be used as additional bedrooms for a total of 6 bedrooms or used as game space, study or even a meditation room. Home has old world charm with hardwood floors and original trim throughout. Being just a stone throw away from Hamtramck and only minutes from Midtown and Downtown Detroit and the amenities they offer, it doesn't get better than that! The home does need a little TLC but with the right vision can be a beautiful home. It comes with a security system and sirens will be turned off during showings. Buyers to pay Listing Brokerage $495 compliance fee. Please note, some photos are virtually staged to give an idea of finished look. Furniture in photos not included. Schedule your showing today. BATVAI.

Key facts

• 3,485 sq ft lot
• Built 1910
• Listed 251 days

What this means for you Summary

Snapshot

• This is a 4-bed/1.5-bath single-family listed at $115k.

Deal economics

• At list price, monthly cash flow is $745 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $115k).
• Recommended offer: $101k (12.0% below list) — sets the bar for market timing.
• Cap rate 14.1% vs local median 10.2% in Detroit — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 73/100 on livability (#218 in MI) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, cost of living A+; Watch: schools F, crime F, employment F.
• Detroit Public Schools Community District (urban): math 10% / reading 24% proficiency, ranked #499 of 540 in MI (top 92%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 90% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents falling (-5.1%/yr); 257 active listings in the ZIP; 21 comparable units currently listed for rent nearby; rentals at typical pace (median 17d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
• At $1,851/mo this rent would consume 51% of the median local household income ($44k/yr) (locally 1258% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $794 of loan paydown is wiped out by about $3k 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 + 0.0% rent growth), your $32k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 252 days — a 12% lower offer ($101k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 5y ago; this cycle's ask has dropped $10k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $50k; list at $115k implies a 130% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1910 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $101,112 (12.0% below list)

Questions for the listing agent

1. It's been on market 252 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 1910 — 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: 1.61% ✓
• Cap rate: 14.07%
• Cash-on-cash: 27.79%
• DSCR: 2.24
• GRM: 5.2

CMA / ARV

• ARV (median comp): $142,337
• List price: $114,900
• Delta: -19.28%
• 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
541 Alger St	0.45mi	3/2.0 (-1)	1,479 (-5%)	3mo	$130,000	$88	62
530 Kenilworth St	0.13mi	3/1.0 (-1)	1,323 (-15%)	4mo	$68,000	$51	59
1958 Norwalk St	0.64mi	3/2.0 (-1)	1,556 (+0%)	6mo	$227,000	$146	58
600 Harmon St	0.36mi	4/1.0	1,375 (-11%)	6mo	$57,000	$41	57
535 Woodland St	0.57mi	3/2.0 (-1)	1,472 (-5%)	2mo	$170,000	$115	56
419 King St	0.41mi	3/1.0 (-1)	1,668 (+8%)	7mo	$75,000	$45	55
2007 Evaline St	0.70mi	4/2.0	1,500 (-3%)	9mo	$200,000	$133	53
1989 Edwin St	0.67mi	3/2.0 (-1)	1,538 (-1%)	11mo	$220,000	$143	51
1983 Edwin St	0.66mi	3/2.0 (-1)	1,500 (-3%)	7mo	$200,000	$133	51
574 Melbourne St	0.72mi	5/1.0 (+1)	1,600 (+3%)	8mo	$143,100	$89	48
97 Tennyson St	0.68mi	4/1.5	1,700 (+10%)	8mo	$27,000	$16	46
207 Connecticut St	0.70mi	3/1.0 (-1)	1,472 (-5%)	9mo	$35,000	$24	44

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: 18.6%
• Equity multiple: 1.73×
• Total profit: $23,392
• Equity at exit: $17,132

10-year hold

• IRR: 24.9%
• Equity multiple: 2.88×
• Total profit: $60,435
• Equity at exit: $9,934

Cash invested: $32,172 (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 48202

• Rents YoY: -5.1%
• Active inventory: 257
• Price-to-rent: 5.2×

Monthly cashflow live

• Estimated rent: $1,851 high
• Mortgage (P&I): −$603
• Tax from tax record: −$67 /mo · $799/yr
• Insurance: −$48
• HOA: −$0
• Vacancy / Maint / Mgmt: −$389
• Net cashflow: $745

Break-even live

Break-even rent $908

Max offer price $114,900

Occupancy floor 55%

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: $28,725
• Closing costs: $3,447
• Reserves months: —
• Total cash needed: —

Rent comps 21 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
505 Westminster St Detroit, MI	3.0	1.0	1700	$1,400	$0.82	17d	1	0.07mi
330 Westminster St Unit NA Detroit, MI	3.0	1.0	1995	$1,900	$0.95	43d	1	0.11mi
330 Westminster St Detroit, MI	3.0	1.0	1995	$1,900	$0.95	23d	1	0.12mi
613 Belmont St Detroit, MI	3.0	1.0	1100	$1,350	$1.23	17d	1	0.28mi
419 King St Detroit, MI	3.0	1.0	1668	$2,300	$1.38	10d	1	0.39mi
216 Holbrook St Detroit, MI	4.0	2.0	2000	$2,000	$1.00	21d	1	0.43mi
216 Holbrook Unit Na Detroit, MI	4.0	2.0	2000	$2,200	$1.10	1d	1	0.43mi
520 Englewood St Detroit, MI	4.0	1.5	1086	$1,725	$1.59	24d	1	0.50mi
528 E Philadelphia St Detroit, MI	3.0	1.0	1625	$2,400	$1.48	1d	1	0.58mi
8416 Brush St Detroit, MI	3.0	1.5	1200	$2,200	$1.83	1d	1	0.62mi
8410 Brush St Detroit, MI	3.0	2.5	1300	$2,200	$1.69	1d	1	0.62mi
165 Rhode Island St Highland Park, MI	4.0	1.5	1639	$1,200	$0.73	17d	1	0.94mi
41 Richton St Highland Park, MI	5.0	2.0	1871	$1,800	$0.96	14d	1	0.96mi
41 Richton St Highland Park, MI	5.0	2.0	1871	$1,800	$0.96	1d	1	0.96mi
101 Colorado St Unit NA Highland Park, MI	4.0	1.5	1695	$1,500	$0.88	24d	1	1.03mi
1427 Calvert Ave Detroit, MI	3.0	1.0	1100	$1,850	$1.68	24d	1	1.18mi
1427 Calvert Ave Detroit, MI	3.0	1.0	1100	$1,750	$1.59	43d	1	1.18mi
64 Glendale St Highland Park, MI	4.0	1.0	1464	$1,500	$1.02	10d	1	1.24mi
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	43d	1	1.25mi
9844 Woodrow Wilson St Detroit, MI	3.0	1.0	1187	$1,300	$1.10	12d	1	1.28mi
168 Beresford St Highland Park, MI	4.0	1.0	1541	$1,475	$0.96	17d	1	1.32mi

Listing history 25 events

1. 2026-06-18
   days on market $114,900 Active 252 DOM
2. 2026-06-17
   days on market $114,900 Active 251 DOM
3. 2026-06-16
   price $114,900 Active 249 DOM
4. 2026-06-15
   days on market $119,900 Active 249 DOM
5. 2026-06-13
   days on market $119,900 Active 247 DOM
6. 2026-06-13
   days on market $119,900 Active 246 DOM
7. 2026-06-09
   days on market $119,900 Active 243 DOM
8. 2026-06-08
   days on market $119,900 Active 242 DOM
9. 2026-06-07
   days on market $119,900 Active 241 DOM
10. 2026-06-04
    days on market $119,900 Active 238 DOM
11. 2026-06-03
    days on market $119,900 Active 237 DOM
12. 2026-06-01
    days on market $119,900 Active 235 DOM
13. 2026-05-31
    days on market $119,900 Active 234 DOM
14. 2026-04-24
    price $119,900 1803-char remark

    Show marketing remark (1804 chars)

    OPPORTUNITY KNOCKS!!! The DETROIT DOWN PAYMENT ASSISTANCE PROGRAM provides qualifying families grants up to $25,000 for down payment, pre-paids including interest rate buy down, closing costs, and principal reduction. Making this home especially affordable! This beautiful home is located right next to the prestigious historic home adjacent to the Arden Park-East Boston historic District where typical homes are well over $500k and can reach millions of dollars. Homes in this neighborhood are highly sought after and with all the revitalization, including newly built homes, this home presents as a great opportunity. There are three floors of living space with a flowing floor plan. The first floor has a formal living room with a fireplace, off of a spacious foyer. There is also a 1/2 bath on the first floor which is rare for historic Detroit homes. The second floor has 4 sizeable bedrooms, one leading to a balcony that overlooks the prestigious Arden Park District. Take the winding staircase to the third floor which has high ceilings and already has two spacious rooms that can be used as additional bedrooms for a total of 6 bedrooms or used as game space, study or even a meditation room. Home has old world charm with hardwood floors and original trim throughout. Being just a stone throw away from Hamtramck and only minutes from Midtown and Downtown Detroit and the amenities they offer, it doesn't get better than that! The home does need a little TLC but with the right vision can be a beautiful home. It comes with a security system and sirens will be turned off during showings. Buyers to pay Listing Brokerage $495 compliance fee. Please note, some photos are virtually staged to give an idea of finished look. Furniture in photos not included. Schedule your showing today. BATVAI.

15. 2026-04-24
    price $119,900 1804-char remark

    Show marketing remark (1804 chars)

    OPPORTUNITY KNOCKS!!! The DETROIT DOWN PAYMENT ASSISTANCE PROGRAM provides qualifying families grants up to $25,000 for down payment, pre-paids including interest rate buy down, closing costs, and principal reduction. Making this home especially affordable! This beautiful home is located right next to the prestigious historic home adjacent to the Arden Park-East Boston historic District where typical homes are well over $500k and can reach millions of dollars. Homes in this neighborhood are highly sought after and with all the revitalization, including newly built homes, this home presents as a great opportunity. There are three floors of living space with a flowing floor plan. The first floor has a formal living room with a fireplace, off of a spacious foyer. There is also a 1/2 bath on the first floor which is rare for historic Detroit homes. The second floor has 4 sizeable bedrooms, one leading to a balcony that overlooks the prestigious Arden Park District. Take the winding staircase to the third floor which has high ceilings and already has two spacious rooms that can be used as additional bedrooms for a total of 6 bedrooms or used as game space, study or even a meditation room. Home has old world charm with hardwood floors and original trim throughout. Being just a stone throw away from Hamtramck and only minutes from Midtown and Downtown Detroit and the amenities they offer, it doesn't get better than that! The home does need a little TLC but with the right vision can be a beautiful home. It comes with a security system and sirens will be turned off during showings. Buyers to pay Listing Brokerage $495 compliance fee. Please note, some photos are virtually staged to give an idea of finished look. Furniture in photos not included. Schedule your showing today. BATVAI.

16. 2025-10-10
    listed $125,000 Active 1803-char remark

    Show marketing remark (1804 chars)

    OPPORTUNITY KNOCKS!!! The DETROIT DOWN PAYMENT ASSISTANCE PROGRAM provides qualifying families grants up to $25,000 for down payment, pre-paids including interest rate buy down, closing costs, and principal reduction. Making this home especially affordable! This beautiful home is located right next to the prestigious historic home adjacent to the Arden Park-East Boston historic District where typical homes are well over $500k and can reach millions of dollars. Homes in this neighborhood are highly sought after and with all the revitalization, including newly built homes, this home presents as a great opportunity. There are three floors of living space with a flowing floor plan. The first floor has a formal living room with a fireplace, off of a spacious foyer. There is also a 1/2 bath on the first floor which is rare for historic Detroit homes. The second floor has 4 sizeable bedrooms, one leading to a balcony that overlooks the prestigious Arden Park District. Take the winding staircase to the third floor which has high ceilings and already has two spacious rooms that can be used as additional bedrooms for a total of 6 bedrooms or used as game space, study or even a meditation room. Home has old world charm with hardwood floors and original trim throughout. Being just a stone throw away from Hamtramck and only minutes from Midtown and Downtown Detroit and the amenities they offer, it doesn't get better than that! The home does need a little TLC but with the right vision can be a beautiful home. It comes with a security system and sirens will be turned off during showings. Buyers to pay Listing Brokerage $495 compliance fee. Please note, some photos are virtually staged to give an idea of finished look. Furniture in photos not included. Schedule your showing today. BATVAI.

17. 2025-10-10
    listed $125,000 Active 1804-char remark

    Show marketing remark (1804 chars)

    OPPORTUNITY KNOCKS!!! The DETROIT DOWN PAYMENT ASSISTANCE PROGRAM provides qualifying families grants up to $25,000 for down payment, pre-paids including interest rate buy down, closing costs, and principal reduction. Making this home especially affordable! This beautiful home is located right next to the prestigious historic home adjacent to the Arden Park-East Boston historic District where typical homes are well over $500k and can reach millions of dollars. Homes in this neighborhood are highly sought after and with all the revitalization, including newly built homes, this home presents as a great opportunity. There are three floors of living space with a flowing floor plan. The first floor has a formal living room with a fireplace, off of a spacious foyer. There is also a 1/2 bath on the first floor which is rare for historic Detroit homes. The second floor has 4 sizeable bedrooms, one leading to a balcony that overlooks the prestigious Arden Park District. Take the winding staircase to the third floor which has high ceilings and already has two spacious rooms that can be used as additional bedrooms for a total of 6 bedrooms or used as game space, study or even a meditation room. Home has old world charm with hardwood floors and original trim throughout. Being just a stone throw away from Hamtramck and only minutes from Midtown and Downtown Detroit and the amenities they offer, it doesn't get better than that! The home does need a little TLC but with the right vision can be a beautiful home. It comes with a security system and sirens will be turned off during showings. Buyers to pay Listing Brokerage $495 compliance fee. Please note, some photos are virtually staged to give an idea of finished look. Furniture in photos not included. Schedule your showing today. BATVAI.

18. 2025-10-08
    historical $125,000 1803-char remark

    Show marketing remark (1803 chars)

    OPPORTUNITY KNOCKS!!! The DETROIT DOWN PAYMENT ASSISTANCE PROGRAM provides qualifying families grants up to $25,000 for down payment, pre-paids including interest rate buy down, closing costs, and principal reduction. Making this home especially affordable! This beautiful home is located right next to the prestigious historic home adjacent to the Arden Park-East Boston historic District where typical homes are well over $500k and can reach millions of dollars. Homes in this neighborhood are highly sought after and with all the revitalization, including newly built homes, this home presents as a great opportunity. There are three floors of living space with a flowing floor plan. The first floor has a formal living room with a fireplace, off of a spacious foyer. There is also a 1/2 bath on the first floor which is rare for historic Detroit homes. The second floor has 4 sizeable bedrooms, one leading to a balcony that overlooks the prestigious Arden Park District. Take the winding staircase to the third floor which has high ceilings and already has two spacious rooms that can be used as additional bedrooms for a total of 6 bedrooms or used as game space, study or even a meditation room. Home has old world charm with hardwood floors and original trim throughout. Being just a stone throw away from Hamtramck and only minutes from Midtown and Downtown Detroit and the amenities they offer, it doesn't get better than that! The home does need a little TLC but with the right vision can be a beautiful home. It comes with a security system and sirens will be turned off during showings. Buyers to pay Listing Brokerage $495 compliance fee. Please note, some photos are virtually staged to give an idea of finished look. Furniture in photos not included. Schedule your showing today. BATVAI.

19. 2021-08-03
    soldstatus $49,900
20. 2021-07-23
    soldstatus $49,900 Sold
21. 2021-07-23
    soldstatus $49,900 Closed
22. 2021-04-02
    status Pending
23. 2021-04-02
    status Pending
24. 2021-03-27
    listed $49,900 Active
25. 2021-03-27
    listed $49,900 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: $799 · $67/mo
• Projected year-2 tax: $1,284 · $107/mo
• Expected delta: +$485/yr (+$40/mo · 60.8%)

ⓘ 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 ≥96°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: $22,208
• − Mortgage interest: −$6,436
• − Property taxes: −$799
• − Insurance: −$574
• − Repairs & maintenance: −$1,777
• − Management: −$1,777
• − Depreciation: −$3,343
• Taxable income: $7,503
• Est. tax owed @ 24.0%: −$1,801
• After-tax cash flow: $7,140/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): 15,780
• Household income: $43,627
• Rent vs Own: 69.1% rent · 30.9% own
• Severe rent burden: 1258.0

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: Diverse neighborhood (Simpson 0.57)
• Race & ethnicity: Black 60% White 26% Asian 6% Two or more races 4% Hispanic / Latino 3%
• Common ancestry: Romanian 3% Slovak 1% Lithuanian 1%
• Foreign-born: 8% · Canada, Vietnam
• Languages at home: 90% English-only · Other Indo-European 3% Arabic 2% Spanish 2%

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: ▼ -239.24%
• Current HPI: 145.5509
• Rent YoY: ▼ -5.13%
• 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

+140.3% since first listed

12 events — show timeline

• 2026-04-24 Price Changed $119,900 MiRealSource-MiMLS
• 2026-04-24 Price Changed $119,900 REALCOMP
• 2025-10-10 Listed $125,000 MiRealSource-MiMLS
• 2025-10-10 Listed $125,000 REALCOMP
• 2025-10-08 Coming Soon $125,000 MiRealSource-MiMLS
• 2021-08-03 Sold (Public Records) $49,900 Public Records
• 2021-07-23 Sold (MLS) $49,900 MiRealSource-MiMLS
• 2021-07-23 Sold (MLS) $49,900 REALCOMP
• 2021-04-02 Pending — MiRealSource-MiMLS
• 2021-04-02 Pending — REALCOMP
• 2021-03-27 Listed $49,900 MiRealSource-MiMLS
• 2021-03-27 Listed $49,900 REALCOMP

Property tax history

+0.5%/yr

Latest (2025): $799 · -7.2% YoY. Source: county tax records.