Duplex
2281-2283 Blaine St · Detroit, MI
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- 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
- 4 days/yr
- Unhealthy air days in 30 yrs
- 6 days/yr
Risk factors via First Street. Map © Google.
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
🖨 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
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
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.
Questions for the listing agent
- 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?
- Built in 1921 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- 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
- 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
- IRR
- 60.6%
- Equity multiple
- 3.79×
- Total profit
- $78,158
- Equity at exit
- $14,910
- 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
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
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)
| Units | Beds | Baths | Est. rent |
|---|---|---|---|
| 2× units | 2 | 1 | $2,688 |
| #1 | 2 | 1 | $1,344 |
| #2 | 2 | 1 | $1,344 |
| 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
| Address | Beds | Baths | Sqft | Rent | $/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
-
2026-06-18days on market $100,000 Active 22 DOM
-
2026-06-17days on market $100,000 Active 21 DOM
-
2026-06-15days on market $100,000 Active 19 DOM
-
2026-06-13days on market $100,000 Active 17 DOM
-
2026-06-13days on market $100,000 Active 16 DOM
-
2026-06-09days on market $100,000 Active 13 DOM
-
2026-06-08days on market $100,000 Active 12 DOM
-
2026-06-07days on market $100,000 Active 11 DOM
-
2026-06-04days on market $100,000 Active 8 DOM
-
2026-06-03days on market $100,000 Active 7 DOM
-
2026-06-02days on market $100,000 Active 6 DOM
-
2026-06-01days on market $100,000 Active 5 DOM
-
2026-05-31days on market $100,000 Active 4 DOM
-
2026-05-27$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.
-
2026-05-27$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.
-
2024-03-08soldstatus $60,000
-
2024-02-27soldstatus $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
-
2024-02-27soldstatus $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
-
2024-02-13status 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
-
2024-02-13status 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
-
2024-02-09price $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
-
2024-02-09price $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
-
2024-02-04price $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
-
2024-02-04price $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
-
2024-01-08status 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
-
2024-01-08status 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
-
2024-01-01historical
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
-
2024-01-01historical 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
-
2023-12-23price $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
-
2023-12-23price $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
-
2023-12-14price $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
-
2023-12-14price $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
-
2023-12-08price $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
-
2023-12-08price $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
-
2023-10-23$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
-
2023-10-23$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
-
2023-10-18historical
-
2023-10-18historical
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2023-10-17price $67,999
-
2023-10-16price $67,999
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2023-10-14price $69,999
-
2023-10-13price $69,999
-
2023-10-12price $72,500
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2023-10-12price $72,500
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2023-09-29price $75,000
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2023-09-28price $75,000
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2023-09-23price $77,500
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2023-09-22price $77,500
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2023-09-08price $79,000
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2023-09-07price $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
- 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
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
- Severe rent burden
- 646.0
Population outlook (Wayne County) Hauer SSP2
- Today (2025)
- 1,675,273 people
- By 2030
- 1,620,300 · -3.3%
- By 2040
- 1,502,341 · -10.3%
- By 2050
- 1,384,039 · -17.4%
- By 2075
- 1,124,592 · -32.9%
- By 2100
- 881,193 · -47.4%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly Black (81%)
- Race & ethnicity
- Black 81% White 12% Two or more races 5% Hispanic / Latino 3%
- Common ancestry
- Iranian 3% Romanian 1% Slovak 1%
- Foreign-born
- 4% · Canada
- Languages at home
- 94% English-only · Spanish 4% Other Indo-European 1%
Political lean MEDSL · Wayne
- 2024 margin
- Strong D (+29.0) · D 62.7% · R 33.7% · Other 3.6%
- 2008→2024 swing
- -20.5pp toward R · 2008: 49.5pp · 2024: 29.0pp
- All cycles
- 2024: D+29.0 2020: D+38.1 2016: D+37.3 2012: D+46.9 2008: D+49.5
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -139.60%
- Current HPI
- 130.9545
- Rent YoY
- ▲ 5.20%
- Metro
- Detroit-Warren-Dearborn, MI
- State GDP YoY
- ▲ 1.37%
- F500 in state
- 28
Industry mix (Fortune 500 HQ in MI)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Automotive Parts | 3 | $48B |
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| Automotive | 2 | $372B |
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| Chemicals | 1 | $45B |
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| Automotive Retail | 1 | $29B |
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| Healthcare / Medical Devices | 1 | $23B |
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| Automotive Technology | 1 | $20B |
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Price history
+365.3% since first listed86 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%/yrLatest (2025): $2,069 · +73.4% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…