CashFlowRE
Sign in Sign up
2281-2283 Blaine St Duplex
C+ Composite 64.21
Why this score? — see what drove the C+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +30.0/30.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Rent growth +3.8/5.0
  • Livability +3.7/5.0
  • ARV discount +3.0/15.0
  • Condition / age +2.5/5.0
  • Schools +1.3/10.0
  • Appreciation +0.0/10.0

$100,000

2281-2283 Blaine St · Detroit, MI 48206
4 bd · 2.0 ba · 2,390 sqft · MultiFamily public records · 22 Days on market
Built 1921 4,356 sqft lot Est $91k · 10% over

🖨 Deal sheet (PDF) 📄 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

Welcome to this 2-unit multi-family home built in 1921 offering 2,390 sq ft of living space. Each unit features 2 bedrooms and 1 full bathroom, providing comfortable layouts ideal for owner-occupants or investors alike. The bright and inviting living rooms showcase cozy fireplaces, adding warmth and character to each space. Spacious kitchens offer ample cabinet and counter space, perfect for everyday cooking and meal prepping. Outside, the yard provides plenty of room for gardening, relaxing, or hosting summer cookouts. Full of timeless charm and potential, this multi-family property is a great opportunity to add to your portfolio or create a place to call home.

Key facts

  • Cozy fireplaces
  • Spacious kitchens
  • Ample cabinet space

Tags

MULTI-FAMILY HOMECOZY FIREPLACESSPACIOUS KITCHENSAMPLE CABINET SPACEROOM FOR GARDENINGROOM FOR RELAXING

Property features AI

Finance

  • Other: Lot dimensions approximately 34 x 128 (0.1 acre); Residential zoning

Exterior

  • Utilities: Public water; Public sewer
  • Home design: Multi-family residential income property; Two-story building
  • Construction: Brick construction; Block foundation
  • Exterior features: Paved road access; Pets allowed (contact for details)

Interior

  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Forced air heating; Natural gas heating; No central cooling
  • Interior features: Unfinished basement

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2 × 2-bed/1-bath units multifamily listed at $100k.

Deal economics

  • At list price, monthly cash flow is $1k ($17k/yr) — positive. Per door: $693/mo.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($3k rent vs $100k).
  • Recommended offer: $98k (1.5% below list) — sets the bar for market timing.
  • Cap rate 22.9% vs local median 10.2% in Detroit — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 73/100 on livability (#218 in MI) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, cost of living A+; Watch: schools F, crime F, employment F.
  • Detroit Public Schools Community District (urban): math 10% / reading 24% proficiency, ranked #499 of 540 in MI (top 92%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 90% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: Rents rising fast (+5.2%/yr); 271 active listings in the ZIP; 20 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
  • At $2,688/mo this rent would consume 72% of the median local household income ($45k/yr) (locally 646% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $691 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 + 5.2% rent growth), your $28k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 22 days — a 2% lower offer ($98k) is reasonable based on typical stale-listing flexibility.
  • 18 sale attempts since 24y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
  • Current owner paid $60k; list at $100k implies a 67% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: built in 1921 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $98,500 (1.5% below list)

Questions for the listing agent

  1. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
  2. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
  3. Built in 1921 — 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. 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 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
2.69%
Cap rate
22.91%
Cash-on-cash
59.36%
DSCR
3.64
GRM
3.1

CMA / ARV

ARV (on-the-fly)
$90,820
Comps found
9
Show comp detail 9 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
1931 Lamothe St 0.62mi 4/2.0 2,288 (-4%) 4mo $37,500 $16 61
2489 Clairmount St 0.30mi 4/3.0 2,300 (-4%) 21mo $360,000 $157 58
2430 Clairmount St 0.30mi 4/2.0 2,646 (+11%) 18mo $70,000 $26 53
2911 Virginia Park St 0.48mi 4/2.0 2,200 (-8%) 18mo $202,000 $92 49
1415 W Euclid St 0.62mi 4/2.0 2,320 (-3%) 20mo $111,000 $48 49
3308 W Euclid St 0.69mi 4/2.5 2,256 (-6%) 12mo $20,000 $9 46
2657 Northwestern St 0.66mi 4/2.0 2,134 (-11%) 13mo $184,500 $86 40
2471-2473 Lothrop St 0.65mi 5/2.0 (+1) 2,670 (+12%) 6mo $101,600 $38 40
2988 Virginia Park St 0.54mi 4/2.0 2,042 (-15%) 19mo $25,000 $12 35

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
60.6%
Equity multiple
3.79×
Total profit
$78,158
Equity at exit
$14,910
10-year hold
IRR
66.0%
Equity multiple
8.43×
Total profit
$208,030
Equity at exit
$8,646

Cash invested: $28,000 (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.

ZIP-level market 48206

Rents YoY
5.2%
Active inventory
271
Price-to-rent
6.2×

Monthly cashflow live

Estimated rent
$2,688 high interval (Pro) →
Mortgage (P&I)
$524
Tax from tax record
$172 /mo · $2,069/yr
Insurance
$42
HOA
$0
Vacancy / Maint / Mgmt
$564
Net cashflow
$1,385

Break-even live

Break-even rent $935
Max offer price $100,000
Occupancy floor 43%

Sensitivity live

Price -10% $1,442 -5% $1,413 +0% $1,385 +5% $1,357 +10% $1,328
Rent -10% $1,173 -5% $1,279 +0% $1,385 +5% $1,491 +10% $1,597
Rate -1.0pp $1,435 -0.5pp $1,410 base $1,385 +0.5pp $1,359 +1.0pp $1,333

2-unit breakdown (identical units grouped — click to expand)

UnitsBedsBathsEst. rent
Total (2 units) $2,688

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
$25,000
Closing costs
$3,000
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 20 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
2080 Gladstone St #1 Detroit, MI 4.0 2.0 2426 $3,000 $1.24 2d 1 0.15mi
2028 Gladstone St Unit 1 Detroit, MI 5.0 2.0 2500 $2,850 $1.14 3d 1 0.18mi
2509 Gladstone St Unit 1 Detroit, MI 3.0 2.0 3000 $2,650 $0.88 2d 1 0.19mi
8951 La Salle Blvd Unit NA Detroit, MI 4.0 2.5 2440 $2,500 $1.02 11d 1 0.22mi
8951 La Salle Blvd Detroit, MI 5.0 2.5 2440 $2,500 $1.02 15d 1 0.22mi
8951 La Salle Blvd Detroit, MI 4.0 2.5 2440 $2,500 $1.02 2d 1 0.22mi
1441 W Euclid St Detroit, MI 3.0 1.0 2380 $2,600 $1.09 25d 1 0.60mi
1418 W Euclid St Detroit, MI 3.0 1.0 2264 $1,200 $0.53 44d 1 0.61mi
1699 Glynn Ct Detroit, MI 5.0 3.5 2542 $2,500 $0.98 22d 1 0.78mi
3799 W Philadelphia St Detroit, MI 5.0 2.0 2200 $1,650 $0.75 17d 1 0.85mi
2655 Collingwood St Detroit, MI 4.0 1.5 1881 $2,700 $1.44 2d 1 0.88mi
3031 Lawrence St Detroit, MI 4.0 1.0 1700 $1,600 $0.94 17d 1 1.03mi
3241 Lawrence St Detroit, MI 4.0 2.0 2636 $1,800 $0.68 17d 1 1.07mi
634 Atkinson St Detroit, MI 3.0 3.5 3000 $6,500 $2.17 11d 1 1.14mi
3322 Webb St Unit 1 Detroit, MI 3.0 1.0 1656 $1,350 $0.82 44d 1 1.24mi
3322 Webb St Unit 2 Detroit, MI 3.0 1.0 1656 $1,350 $0.82 44d 1 1.24mi
3322 Webb St Detroit, MI 3.0 1.0 1600 $1,250 $0.78 17d 1 1.24mi
2986 Richton St Detroit, MI 3.0 1.0 2600 $1,200 $0.46 17d 1 1.39mi
216 Holbrook St Detroit, MI 4.0 2.0 2000 $2,000 $1.00 22d 1 1.45mi
216 Holbrook Unit Na Detroit, MI 4.0 2.0 2000 $2,200 $1.10 2d 1 1.45mi

Listing history 50 events

  1. 2026-06-18
    days on market $100,000 Active 22 DOM
  2. 2026-06-17
    days on market $100,000 Active 21 DOM
  3. 2026-06-15
    days on market $100,000 Active 19 DOM
  4. 2026-06-13
    days on market $100,000 Active 17 DOM
  5. 2026-06-13
    days on market $100,000 Active 16 DOM
  6. 2026-06-09
    days on market $100,000 Active 13 DOM
  7. 2026-06-08
    days on market $100,000 Active 12 DOM
  8. 2026-06-07
    days on market $100,000 Active 11 DOM
  9. 2026-06-04
    days on market $100,000 Active 8 DOM
  10. 2026-06-03
    days on market $100,000 Active 7 DOM
  11. 2026-06-02
    days on market $100,000 Active 6 DOM
  12. 2026-06-01
    days on market $100,000 Active 5 DOM
  13. 2026-05-31
    days on market $100,000 Active 4 DOM
  14. 2026-05-27
    listed $100,000 Active
    Show marketing remark (670 chars)

    Welcome to this 2-unit multi-family home built in 1921 offering 2,390 sq ft of living space. Each unit features 2 bedrooms and 1 full bathroom, providing comfortable layouts ideal for owner-occupants or investors alike. The bright and inviting living rooms showcase cozy fireplaces, adding warmth and character to each space. Spacious kitchens offer ample cabinet and counter space, perfect for everyday cooking and meal prepping. Outside, the yard provides plenty of room for gardening, relaxing, or hosting summer cookouts. Full of timeless charm and potential, this multi-family property is a great opportunity to add to your portfolio or create a place to call home.

  15. 2026-05-27
    listed $100,000 Active 670-char remark
    Show marketing remark (670 chars)

    Welcome to this 2-unit multi-family home built in 1921 offering 2,390 sq ft of living space. Each unit features 2 bedrooms and 1 full bathroom, providing comfortable layouts ideal for owner-occupants or investors alike. The bright and inviting living rooms showcase cozy fireplaces, adding warmth and character to each space. Spacious kitchens offer ample cabinet and counter space, perfect for everyday cooking and meal prepping. Outside, the yard provides plenty of room for gardening, relaxing, or hosting summer cookouts. Full of timeless charm and potential, this multi-family property is a great opportunity to add to your portfolio or create a place to call home.

  16. 2024-03-08
    soldstatus $60,000
  17. 2024-02-27
    soldstatus $60,000 Sold 308-char remark
    Show marketing remark (308 chars)

    All investors welcomed. Be the first to be apart of the new Detroit development wave. This is a great opportunity for a first time investor or an expert investor to make a decent profit margin as a flip project or hold and rent project. BATVI. Property Sold “AS IS. For more information call Mr. Ramsey

  18. 2024-02-27
    soldstatus $60,000 Closed
    Show marketing remark (308 chars)

    All investors welcomed. Be the first to be apart of the new Detroit development wave. This is a great opportunity for a first time investor or an expert investor to make a decent profit margin as a flip project or hold and rent project. BATVI. Property Sold “AS IS. For more information call Mr. Ramsey

  19. 2024-02-13
    status Pending
    Show marketing remark (308 chars)

    All investors welcomed. Be the first to be apart of the new Detroit development wave. This is a great opportunity for a first time investor or an expert investor to make a decent profit margin as a flip project or hold and rent project. BATVI. Property Sold “AS IS. For more information call Mr. Ramsey

  20. 2024-02-13
    status Pending 308-char remark
    Show marketing remark (308 chars)

    All investors welcomed. Be the first to be apart of the new Detroit development wave. This is a great opportunity for a first time investor or an expert investor to make a decent profit margin as a flip project or hold and rent project. BATVI. Property Sold “AS IS. For more information call Mr. Ramsey

  21. 2024-02-09
    price $56,000
    Show marketing remark (308 chars)

    All investors welcomed. Be the first to be apart of the new Detroit development wave. This is a great opportunity for a first time investor or an expert investor to make a decent profit margin as a flip project or hold and rent project. BATVI. Property Sold “AS IS. For more information call Mr. Ramsey

  22. 2024-02-09
    price $56,000 308-char remark
    Show marketing remark (308 chars)

    All investors welcomed. Be the first to be apart of the new Detroit development wave. This is a great opportunity for a first time investor or an expert investor to make a decent profit margin as a flip project or hold and rent project. BATVI. Property Sold “AS IS. For more information call Mr. Ramsey

  23. 2024-02-04
    price $52,000
    Show marketing remark (308 chars)

    All investors welcomed. Be the first to be apart of the new Detroit development wave. This is a great opportunity for a first time investor or an expert investor to make a decent profit margin as a flip project or hold and rent project. BATVI. Property Sold “AS IS. For more information call Mr. Ramsey

  24. 2024-02-04
    price $52,000 308-char remark
    Show marketing remark (308 chars)

    All investors welcomed. Be the first to be apart of the new Detroit development wave. This is a great opportunity for a first time investor or an expert investor to make a decent profit margin as a flip project or hold and rent project. BATVI. Property Sold “AS IS. For more information call Mr. Ramsey

  25. 2024-01-08
    status Active
    Show marketing remark (308 chars)

    All investors welcomed. Be the first to be apart of the new Detroit development wave. This is a great opportunity for a first time investor or an expert investor to make a decent profit margin as a flip project or hold and rent project. BATVI. Property Sold “AS IS. For more information call Mr. Ramsey

  26. 2024-01-08
    status Active 308-char remark
    Show marketing remark (308 chars)

    All investors welcomed. Be the first to be apart of the new Detroit development wave. This is a great opportunity for a first time investor or an expert investor to make a decent profit margin as a flip project or hold and rent project. BATVI. Property Sold “AS IS. For more information call Mr. Ramsey

  27. 2024-01-01
    historical
    Show marketing remark (308 chars)

    All investors welcomed. Be the first to be apart of the new Detroit development wave. This is a great opportunity for a first time investor or an expert investor to make a decent profit margin as a flip project or hold and rent project. BATVI. Property Sold “AS IS. For more information call Mr. Ramsey

  28. 2024-01-01
    historical 308-char remark
    Show marketing remark (308 chars)

    All investors welcomed. Be the first to be apart of the new Detroit development wave. This is a great opportunity for a first time investor or an expert investor to make a decent profit margin as a flip project or hold and rent project. BATVI. Property Sold “AS IS. For more information call Mr. Ramsey

  29. 2023-12-23
    price $56,000
    Show marketing remark (308 chars)

    All investors welcomed. Be the first to be apart of the new Detroit development wave. This is a great opportunity for a first time investor or an expert investor to make a decent profit margin as a flip project or hold and rent project. BATVI. Property Sold “AS IS. For more information call Mr. Ramsey

  30. 2023-12-23
    price $56,000 308-char remark
    Show marketing remark (308 chars)

    All investors welcomed. Be the first to be apart of the new Detroit development wave. This is a great opportunity for a first time investor or an expert investor to make a decent profit margin as a flip project or hold and rent project. BATVI. Property Sold “AS IS. For more information call Mr. Ramsey

  31. 2023-12-14
    price $59,000
    Show marketing remark (308 chars)

    All investors welcomed. Be the first to be apart of the new Detroit development wave. This is a great opportunity for a first time investor or an expert investor to make a decent profit margin as a flip project or hold and rent project. BATVI. Property Sold “AS IS. For more information call Mr. Ramsey

  32. 2023-12-14
    price $59,000 308-char remark
    Show marketing remark (308 chars)

    All investors welcomed. Be the first to be apart of the new Detroit development wave. This is a great opportunity for a first time investor or an expert investor to make a decent profit margin as a flip project or hold and rent project. BATVI. Property Sold “AS IS. For more information call Mr. Ramsey

  33. 2023-12-08
    price $60,000
    Show marketing remark (308 chars)

    All investors welcomed. Be the first to be apart of the new Detroit development wave. This is a great opportunity for a first time investor or an expert investor to make a decent profit margin as a flip project or hold and rent project. BATVI. Property Sold “AS IS. For more information call Mr. Ramsey

  34. 2023-12-08
    price $60,000 308-char remark
    Show marketing remark (308 chars)

    All investors welcomed. Be the first to be apart of the new Detroit development wave. This is a great opportunity for a first time investor or an expert investor to make a decent profit margin as a flip project or hold and rent project. BATVI. Property Sold “AS IS. For more information call Mr. Ramsey

  35. 2023-10-23
    listed $67,900 Active 308-char remark
    Show marketing remark (308 chars)

    All investors welcomed. Be the first to be apart of the new Detroit development wave. This is a great opportunity for a first time investor or an expert investor to make a decent profit margin as a flip project or hold and rent project. BATVI. Property Sold “AS IS. For more information call Mr. Ramsey

  36. 2023-10-23
    listed $67,900 Active
    Show marketing remark (308 chars)

    All investors welcomed. Be the first to be apart of the new Detroit development wave. This is a great opportunity for a first time investor or an expert investor to make a decent profit margin as a flip project or hold and rent project. BATVI. Property Sold “AS IS. For more information call Mr. Ramsey

  37. 2023-10-18
    historical
  38. 2023-10-18
    historical
  39. 2023-10-17
    price $67,999
  40. 2023-10-16
    price $67,999
  41. 2023-10-14
    price $69,999
  42. 2023-10-13
    price $69,999
  43. 2023-10-12
    price $72,500
  44. 2023-10-12
    price $72,500
  45. 2023-09-29
    price $75,000
  46. 2023-09-28
    price $75,000
  47. 2023-09-23
    price $77,500
  48. 2023-09-22
    price $77,500
  49. 2023-09-08
    price $79,000
  50. 2023-09-07
    price $79,000

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

Tax reassessment forecast MI · Partial reset (capped growth)

Current annual tax
$2,069 · $172/mo
Projected year-2 tax
$2,069 · $172/mo
Expected delta
$0/yr ($0/mo · 0.0%)

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

Climate risk First Street

  • 🌊 Flood 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

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$32,256
− Mortgage interest
−$5,602
− Property taxes
−$2,069
− Insurance
−$500
− Repairs & maintenance
−$2,580
− Management
−$2,580
− Depreciation
−$2,909
Taxable income
$16,015
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$3,844
After-tax cash flow
$12,776/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

Price history

+365.3% since first listed
86 events — show timeline
  • 2026-05-27 Listed $100,000 REALCOMP
  • 2026-05-27 Listed $100,000 MiRealSource-MiMLS
  • 2024-03-08 Sold (Public Records) $60,000 Public Records
  • 2024-02-27 Sold (MLS) $60,000 MiRealSource-MiMLS
  • 2024-02-27 Sold (MLS) $60,000 REALCOMP
  • 2024-02-13 Pending MiRealSource-MiMLS
  • 2024-02-13 Pending REALCOMP
  • 2024-02-09 Price Changed $56,000 MiRealSource-MiMLS
  • 2024-02-09 Price Changed $56,000 REALCOMP
  • 2024-02-04 Price Changed $52,000 MiRealSource-MiMLS
  • 2024-02-04 Price Changed $52,000 REALCOMP
  • 2024-01-08 Relisted MiRealSource-MiMLS
  • 2024-01-08 Relisted REALCOMP
  • 2024-01-01 Listing Removed MiRealSource-MiMLS
  • 2024-01-01 Listing Removed REALCOMP
  • 2023-12-23 Price Changed $56,000 MiRealSource-MiMLS
  • 2023-12-23 Price Changed $56,000 REALCOMP
  • 2023-12-14 Price Changed $59,000 MiRealSource-MiMLS
  • 2023-12-14 Price Changed $59,000 REALCOMP
  • 2023-12-08 Price Changed $60,000 MiRealSource-MiMLS
  • 2023-12-08 Price Changed $60,000 REALCOMP
  • 2023-10-23 Listed $67,900 MiRealSource-MiMLS
  • 2023-10-23 Listed $67,900 REALCOMP
  • 2023-10-18 Listing Removed MiRealSource-MiMLS
  • 2023-10-18 Listing Removed REALCOMP
  • 2023-10-17 Price Changed $67,999 MiRealSource-MiMLS
  • 2023-10-16 Price Changed $67,999 REALCOMP
  • 2023-10-14 Price Changed $69,999 MiRealSource-MiMLS
  • 2023-10-13 Price Changed $69,999 REALCOMP
  • 2023-10-12 Price Changed $72,500 MiRealSource-MiMLS
  • 2023-10-12 Price Changed $72,500 REALCOMP
  • 2023-09-29 Price Changed $75,000 MiRealSource-MiMLS
  • 2023-09-28 Price Changed $75,000 REALCOMP
  • 2023-09-23 Price Changed $77,500 MiRealSource-MiMLS
  • 2023-09-22 Price Changed $77,500 REALCOMP
  • 2023-09-08 Price Changed $79,000 MiRealSource-MiMLS
  • 2023-09-07 Price Changed $79,000 REALCOMP
  • 2023-08-27 Price Changed $85,000 MiRealSource-MiMLS
  • 2023-08-26 Price Changed $85,000 REALCOMP
  • 2023-08-04 Price Changed $98,000 MiRealSource-MiMLS
  • 2023-08-03 Price Changed $98,000 REALCOMP
  • 2023-07-20 Listed $109,000 MiRealSource-MiMLS
  • 2023-07-20 Listed $109,000 REALCOMP
  • 2023-01-02 Listing Removed MiRealSource-MiMLS
  • 2023-01-01 Listing Removed REALCOMP
  • 2022-12-23 Price Changed $130,999 MiRealSource-MiMLS
  • 2022-12-22 Price Changed $130,999 REALCOMP
  • 2022-12-07 Price Changed $139,999 MiRealSource-MiMLS
  • 2022-12-06 Price Changed $139,999 REALCOMP
  • 2022-12-04 Price Changed $144,999 MiRealSource-MiMLS
  • 2022-12-03 Price Changed $144,999 REALCOMP
  • 2022-12-02 Price Changed $149,000 MiRealSource-MiMLS
  • 2022-12-01 Price Changed $149,000 REALCOMP
  • 2022-11-30 Price Changed $160,000 MiRealSource-MiMLS
  • 2022-11-29 Price Changed $160,000 REALCOMP
  • 2022-11-24 Price Changed $174,999 MiRealSource-MiMLS
  • 2022-11-24 Price Changed $174,999 REALCOMP
  • 2022-08-23 Price Changed $99,999 MiRealSource-MiMLS
  • 2022-08-23 Price Changed $99,999 REALCOMP
  • 2022-07-06 Price Changed $100,000 MiRealSource-MiMLS
  • 2022-07-06 Price Changed $100,000 REALCOMP
  • 2022-06-18 Price Changed $130,000 MiRealSource-MiMLS
  • 2022-06-17 Price Changed $130,000 REALCOMP
  • 2022-06-17 Relisted MiRealSource-MiMLS
  • 2022-06-17 Relisted REALCOMP
  • 2022-05-21 Pending MiRealSource-MiMLS
  • 2022-05-21 Pending REALCOMP
  • 2022-05-13 Listed MiRealSource-MiMLS
  • 2022-05-13 Contingent REALCOMP
  • 2022-05-13 Listed $175,000 MiRealSource-MiMLS
  • 2022-05-13 Listed $175,000 REALCOMP
  • 2006-10-20 Sold (MLS) $15,500 MiRealSource-MiMLS
  • 2006-10-19 Listing Removed MiRealSource-MiMLS
  • 2006-10-17 Sold (MLS) $15,500 MiRealSource-MiMLS
  • 2006-09-29 Listed $14,900 MiRealSource-MiMLS
  • 2006-06-30 Listing Removed MiRealSource-MiMLS
  • 2005-07-26 Listed $14,900 MiRealSource-MiMLS
  • 2004-04-13 Sold (Public Records) $83,000 Public Records
  • 2003-12-03 Sold (MLS) $83,000 MiRealSource-MiMLS
  • 2003-10-21 Listing Removed MiRealSource-MiMLS
  • 2003-08-19 Listed $95,000 MiRealSource-MiMLS
  • 2003-01-30 Sold (Public Records) $68,000 Public Records
  • 2002-03-29 Listing Removed MiRealSource-MiMLS
  • 2002-01-07 Listed $54,900 REALCOMP
  • 2002-01-07 Listed $54,900 MiRealSource-MiMLS
  • 2001-09-17 Sold (Public Records) $21,492 Public Records

Property tax history

+1.6%/yr

Latest (2025): $2,069 · +73.4% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…