12875 Steel 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 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 5 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the B- grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +30.0/30.0
- DSCR +10.0/10.0
- 1% rule +8.6/10.0
- ARV discount +7.5/15.0
- Rent growth +3.9/5.0
- Livability +3.7/5.0
- Condition / age +2.5/5.0
- Schools +1.3/10.0
- Appreciation +0.0/10.0
$117,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Welcome to this classic brick Colonial offering timeless character and generous living space in Detroit. From the moment you arrive, the charming brick facade, arched entryway, and covered front porch create inviting curb appeal and a warm welcome home. Step inside to a bright and spacious living room featuring beautiful wood flooring, large windows that fill the space with natural light, and a striking fireplace that anchors the room. The layout flows seamlessly into the formal dining room, where detailed wall trim and hardwood floors provide the perfect setting for everyday meals or gatherings. The kitchen offers ample cabinetry and workspace with room to personalize and make it your own. A convenient main-floor bedroom adds flexibility and can easily function as a guest room, home office, or additional living space. Upstairs, you'll find three additional bedrooms with comfortable layouts and great natural light, along with a convenient half bath. The full bathroom on the main level features classic tile and a clean, functional design. The unfinished basement provides excellent storage and future potential for additional living space, recreation, or a workshop. Outside, the backyard offers space to enjoy the outdoors, with room for parking or future garage possibilities. The covered front porch provides a relaxing place to unwind and enjoy the neighborhood setting. Conveniently located north of Grand River and east of Schaefer, this home provides easy access to major roads, shopping, dining, and everyday conveniences. Schedule your showing and see it in person. ?
Key facts
- 3,920 sq ft lot
- Built 1928
- Listed 97 days
Neighborhood map
What this means for you Summary
Snapshot
- This is a 5-bed/1.0-bath single-family listed at $117k.
Deal economics
- At list price, monthly cash flow is $513 ($6k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $117k).
- Recommended offer: $106k (9.0% below list) — sets the bar for market timing.
Location & tenants
- Location reads 73/100 on livability (#218 in MI) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, cost of living A+; Watch: schools F, crime F, employment F.
- Detroit Public Schools Community District (urban): math 10% / reading 24% proficiency, ranked #499 of 540 in MI (top 92%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 90% free/reduced lunch — lower-income household profile, screen leases tightly.
- Market conditions: Rents rising fast (+5.6%/yr); 385 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% 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).
- At $1,588/mo this rent would consume 52% of the median local household income ($37k/yr) (locally 2371% 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 $809 of loan paydown is wiped out by about $4k 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 + 5.6% rent growth), your $33k cash investment doubles in ~6 years — after that, you're playing with house money.
Negotiation context
- It's been on market 97 days — a 9% lower offer ($106k) is reasonable based on typical stale-listing flexibility.
- 22 sale attempts since 17y ago; this cycle's ask is 7448% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
Risks & watch-outs
- Watch-outs: built in 1928 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 97 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
- Built in 1928 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new 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
- 1.36% ✓
- Cap rate
- 11.56%
- Cash-on-cash
- 18.79%
- DSCR
- 1.84
- GRM
- 6.1
CMA / ARV
- ARV (median comp)
- $50,201
- List price
- $117,000
- Delta
- 133.06%
- Verdict
- OVERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 5 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 12706 Pinehurst St | 0.31mi | 4/1.5 (-1) | 1,365 (-0%) | 9mo | $37,000 | $27 | 71 |
| 13192 Schoolcraft | 0.43mi | 4/1.0 (-1) | 1,219 (-11%) | 1mo | $32,000 | $26 | 56 |
| 13586 Pinehurst St | 0.42mi | 4/1.5 (-1) | 1,338 (-2%) | 22mo | $30,000 | $22 | 52 |
| 12610 Ilene St | 0.54mi | 4/2.0 (-1) | 1,285 (-6%) | 9mo | $36,750 | $29 | 48 |
| 12237 Ilene St | 0.57mi | 4/1.0 (-1) | 1,440 (+5%) | 15mo | $67,000 | $47 | 47 |
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 · 5.59% rent growth · sell at horizon
- IRR
- 13.3%
- Equity multiple
- 1.55×
- Total profit
- $17,950
- Equity at exit
- $17,445
- IRR
- 24.0%
- Equity multiple
- 3.32×
- Total profit
- $76,015
- Equity at exit
- $10,116
Cash invested: $32,760 (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 48227
- Rents YoY
- 5.6%
- Active inventory
- 385
- Price-to-rent
- 6.1×
Monthly cashflow live
- Estimated rent
- $1,588 high interval (Pro) →
- Mortgage (P&I)
- −$614
- Tax from tax record
- −$79 /mo · $952/yr
- Insurance
- −$49
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$334
- Net cashflow
- $513
Break-even live
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
- $29,250
- Closing costs
- $3,510
- 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 6 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 14242 Ohio St Detroit, MI | 4.0 | 1.0 | 1400 | $1,000 | $0.71 | 43d | 1 | 1.05mi |
| 14011 Roselawn St Detroit, MI | 4.0 | 1.5 | 1300 | $1,450 | $1.12 | 17d | 1 | 1.14mi |
| 14011 Roselawn St Detroit, MI | 4.0 | 1.5 | 1300 | $1,450 | $1.12 | 1d | 1 | 1.14mi |
| Ohio St Unit 4 Detroit, MI | 4.0 | 1.5 | 1400 | $750 | $0.54 | 43d | 1 | 1.17mi |
| 14600 Strathmoor St Detroit, MI | 4.0 | 1.0 | 1300 | $1,450 | $1.12 | 43d | 1 | 1.23mi |
| 13620 Tuller St Detroit, MI | 4.0 | 1.0 | 1064 | $1,374 | $1.29 | 12d | 1 | 1.32mi |
Listing history 50 events
-
2026-06-18days on market $117,000 Active 97 DOM
-
2026-06-17days on market $117,000 Active 96 DOM
-
2026-06-15days on market $117,000 Active 94 DOM
-
2026-06-13days on market $117,000 Active 92 DOM
-
2026-06-13days on market $117,000 Active 91 DOM
-
2026-06-09days on market $117,000 Active 88 DOM
-
2026-06-08days on market $117,000 Active 87 DOM
-
2026-06-07days on market $117,000 Active 86 DOM
-
2026-06-04days on market $117,000 Active 83 DOM
-
2026-06-03days on market $117,000 Active 82 DOM
-
2026-06-01days on market $117,000 Active 80 DOM
-
2026-05-31days on market $117,000 Active 79 DOM
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2026-05-02historical $1,550
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2026-04-15price $117,000 1591-char remark
Show marketing remark (1597 chars)
Welcome to this classic brick Colonial offering timeless character and generous living space in Detroit. From the moment you arrive, the charming brick facade, arched entryway, and covered front porch create inviting curb appeal and a warm welcome home. Step inside to a bright and spacious living room featuring beautiful wood flooring, large windows that fill the space with natural light, and a striking fireplace that anchors the room. The layout flows seamlessly into the formal dining room, where detailed wall trim and hardwood floors provide the perfect setting for everyday meals or gatherings. The kitchen offers ample cabinetry and workspace with room to personalize and make it your own. A convenient main-floor bedroom adds flexibility and can easily function as a guest room, home office, or additional living space. Upstairs, you’ll find three additional bedrooms with comfortable layouts and great natural light, along with a convenient half bath. The full bathroom on the main level features classic tile and a clean, functional design. The unfinished basement provides excellent storage and future potential for additional living space, recreation, or a workshop. Outside, the backyard offers space to enjoy the outdoors, with room for parking or future garage possibilities. The covered front porch provides a relaxing place to unwind and enjoy the neighborhood setting. Conveniently located north of Grand River and east of Schaefer, this home provides easy access to major roads, shopping, dining, and everyday conveniences. Schedule your showing and see it in person. ?
-
2026-04-15price $117,000 1597-char remark
Show marketing remark (1597 chars)
Welcome to this classic brick Colonial offering timeless character and generous living space in Detroit. From the moment you arrive, the charming brick facade, arched entryway, and covered front porch create inviting curb appeal and a warm welcome home. Step inside to a bright and spacious living room featuring beautiful wood flooring, large windows that fill the space with natural light, and a striking fireplace that anchors the room. The layout flows seamlessly into the formal dining room, where detailed wall trim and hardwood floors provide the perfect setting for everyday meals or gatherings. The kitchen offers ample cabinetry and workspace with room to personalize and make it your own. A convenient main-floor bedroom adds flexibility and can easily function as a guest room, home office, or additional living space. Upstairs, you’ll find three additional bedrooms with comfortable layouts and great natural light, along with a convenient half bath. The full bathroom on the main level features classic tile and a clean, functional design. The unfinished basement provides excellent storage and future potential for additional living space, recreation, or a workshop. Outside, the backyard offers space to enjoy the outdoors, with room for parking or future garage possibilities. The covered front porch provides a relaxing place to unwind and enjoy the neighborhood setting. Conveniently located north of Grand River and east of Schaefer, this home provides easy access to major roads, shopping, dining, and everyday conveniences. Schedule your showing and see it in person. ?
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2026-03-31$1,550
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2026-03-27historical $1,550
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2026-03-14$130,000 Active 1591-char remark
Show marketing remark (1597 chars)
Welcome to this classic brick Colonial offering timeless character and generous living space in Detroit. From the moment you arrive, the charming brick facade, arched entryway, and covered front porch create inviting curb appeal and a warm welcome home. Step inside to a bright and spacious living room featuring beautiful wood flooring, large windows that fill the space with natural light, and a striking fireplace that anchors the room. The layout flows seamlessly into the formal dining room, where detailed wall trim and hardwood floors provide the perfect setting for everyday meals or gatherings. The kitchen offers ample cabinetry and workspace with room to personalize and make it your own. A convenient main-floor bedroom adds flexibility and can easily function as a guest room, home office, or additional living space. Upstairs, you’ll find three additional bedrooms with comfortable layouts and great natural light, along with a convenient half bath. The full bathroom on the main level features classic tile and a clean, functional design. The unfinished basement provides excellent storage and future potential for additional living space, recreation, or a workshop. Outside, the backyard offers space to enjoy the outdoors, with room for parking or future garage possibilities. The covered front porch provides a relaxing place to unwind and enjoy the neighborhood setting. Conveniently located north of Grand River and east of Schaefer, this home provides easy access to major roads, shopping, dining, and everyday conveniences. Schedule your showing and see it in person. ?
-
2026-03-14$130,000 Active 1597-char remark
Show marketing remark (1597 chars)
Welcome to this classic brick Colonial offering timeless character and generous living space in Detroit. From the moment you arrive, the charming brick facade, arched entryway, and covered front porch create inviting curb appeal and a warm welcome home. Step inside to a bright and spacious living room featuring beautiful wood flooring, large windows that fill the space with natural light, and a striking fireplace that anchors the room. The layout flows seamlessly into the formal dining room, where detailed wall trim and hardwood floors provide the perfect setting for everyday meals or gatherings. The kitchen offers ample cabinetry and workspace with room to personalize and make it your own. A convenient main-floor bedroom adds flexibility and can easily function as a guest room, home office, or additional living space. Upstairs, you’ll find three additional bedrooms with comfortable layouts and great natural light, along with a convenient half bath. The full bathroom on the main level features classic tile and a clean, functional design. The unfinished basement provides excellent storage and future potential for additional living space, recreation, or a workshop. Outside, the backyard offers space to enjoy the outdoors, with room for parking or future garage possibilities. The covered front porch provides a relaxing place to unwind and enjoy the neighborhood setting. Conveniently located north of Grand River and east of Schaefer, this home provides easy access to major roads, shopping, dining, and everyday conveniences. Schedule your showing and see it in person. ?
-
2026-03-13price $130,000 1591-char remark
Show marketing remark (1597 chars)
Welcome to this classic brick Colonial offering timeless character and generous living space in Detroit. From the moment you arrive, the charming brick facade, arched entryway, and covered front porch create inviting curb appeal and a warm welcome home. Step inside to a bright and spacious living room featuring beautiful wood flooring, large windows that fill the space with natural light, and a striking fireplace that anchors the room. The layout flows seamlessly into the formal dining room, where detailed wall trim and hardwood floors provide the perfect setting for everyday meals or gatherings. The kitchen offers ample cabinetry and workspace with room to personalize and make it your own. A convenient main-floor bedroom adds flexibility and can easily function as a guest room, home office, or additional living space. Upstairs, you’ll find three additional bedrooms with comfortable layouts and great natural light, along with a convenient half bath. The full bathroom on the main level features classic tile and a clean, functional design. The unfinished basement provides excellent storage and future potential for additional living space, recreation, or a workshop. Outside, the backyard offers space to enjoy the outdoors, with room for parking or future garage possibilities. The covered front porch provides a relaxing place to unwind and enjoy the neighborhood setting. Conveniently located north of Grand River and east of Schaefer, this home provides easy access to major roads, shopping, dining, and everyday conveniences. Schedule your showing and see it in person. ?
-
2026-03-13price $130,000 1597-char remark
Show marketing remark (1597 chars)
Welcome to this classic brick Colonial offering timeless character and generous living space in Detroit. From the moment you arrive, the charming brick facade, arched entryway, and covered front porch create inviting curb appeal and a warm welcome home. Step inside to a bright and spacious living room featuring beautiful wood flooring, large windows that fill the space with natural light, and a striking fireplace that anchors the room. The layout flows seamlessly into the formal dining room, where detailed wall trim and hardwood floors provide the perfect setting for everyday meals or gatherings. The kitchen offers ample cabinetry and workspace with room to personalize and make it your own. A convenient main-floor bedroom adds flexibility and can easily function as a guest room, home office, or additional living space. Upstairs, you’ll find three additional bedrooms with comfortable layouts and great natural light, along with a convenient half bath. The full bathroom on the main level features classic tile and a clean, functional design. The unfinished basement provides excellent storage and future potential for additional living space, recreation, or a workshop. Outside, the backyard offers space to enjoy the outdoors, with room for parking or future garage possibilities. The covered front porch provides a relaxing place to unwind and enjoy the neighborhood setting. Conveniently located north of Grand River and east of Schaefer, this home provides easy access to major roads, shopping, dining, and everyday conveniences. Schedule your showing and see it in person. ?
-
2026-03-12historical $125,000 1591-char remark
Show marketing remark (1591 chars)
Welcome to this classic brick Colonial offering timeless character and generous living space in Detroit. From the moment you arrive, the charming brick facade, arched entryway, and covered front porch create inviting curb appeal and a warm welcome home. Step inside to a bright and spacious living room featuring beautiful wood flooring, large windows that fill the space with natural light, and a striking fireplace that anchors the room. The layout flows seamlessly into the formal dining room, where detailed wall trim and hardwood floors provide the perfect setting for everyday meals or gatherings. The kitchen offers ample cabinetry and workspace with room to personalize and make it your own. A convenient main-floor bedroom adds flexibility and can easily function as a guest room, home office, or additional living space. Upstairs, you'll find three additional bedrooms with comfortable layouts and great natural light, along with a convenient half bath. The full bathroom on the main level features classic tile and a clean, functional design. The unfinished basement provides excellent storage and future potential for additional living space, recreation, or a workshop. Outside, the backyard offers space to enjoy the outdoors, with room for parking or future garage possibilities. The covered front porch provides a relaxing place to unwind and enjoy the neighborhood setting. Conveniently located north of Grand River and east of Schaefer, this home provides easy access to major roads, shopping, dining, and everyday conveniences. Schedule your showing and see it in person. ?
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2026-03-11$1,550
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2026-01-13status Active
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2026-01-13status Active
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2026-01-13historical
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2026-01-13historical
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2026-01-12historical Accepting Backup Offers
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2026-01-12historical Active Under Contract
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2026-01-08status Active
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2026-01-08status Active
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2026-01-08historical Accepting Backup Offers
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2026-01-08historical Active Under Contract
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2025-12-02$135,000 Active
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2025-12-02$135,000 Active
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2025-11-29historical
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2025-11-29historical
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2025-11-10$149,999 Active
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2025-11-10$149,999 Active
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2025-10-19historical
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2025-10-19historical
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2025-09-18$160,000 Active
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2025-09-18$160,000 Active
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2025-09-01historical
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2025-09-01historical
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2025-07-15$160,000 Active
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2025-07-15$160,000 Active
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2024-01-18soldstatus $140,000
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2012-02-21historical
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2012-02-21historical
ⓘ 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
- $952 · $79/mo
- Projected year-2 tax
- $1,377 · $115/mo
- Expected delta
- +$425/yr (+$35/mo · 44.6%)
ⓘ 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 3/10 Moderate 2 unhealthy d/yr today · 5 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
- $19,060
- − Mortgage interest
- −$6,554
- − Property taxes
- −$952
- − Insurance
- −$585
- − Repairs & maintenance
- −$1,525
- − Management
- −$1,525
- − Depreciation
- −$3,404
- Taxable income
- $4,515
- Est. tax owed @ 24.0%
- −$1,084
- After-tax cash flow
- $5,073/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)
- 40,302
- Household income
- $36,527
- Rent vs Own
- Severe rent burden
- 2371.0
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 (95%)
- Race & ethnicity
- Black 95% Two or more races 3% White 1%
- Foreign-born
- 1%
- Languages at home
- 98% English-only · Spanish 1% French/Haitian/Cajun 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
- ▼ -125.00%
- Current HPI
- 186.4158
- Rent YoY
- ▲ 5.59%
- 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
-97.8% since first listed49 events — show timeline
- 2026-05-02 Rental Removed $1,550 APPFOLIO
- 2026-04-15 Price Changed $117,000 MiRealSource-MiMLS
- 2026-04-15 Price Changed $117,000 REALCOMP
- 2026-03-31 Listed for Rent $1,550 APPFOLIO
- 2026-03-27 Rental Removed $1,550 APPFOLIO
- 2026-03-14 Listed $130,000 MiRealSource-MiMLS
- 2026-03-14 Listed $130,000 REALCOMP
- 2026-03-13 Price Changed $130,000 MiRealSource-MiMLS
- 2026-03-13 Price Changed $130,000 REALCOMP
- 2026-03-12 Coming Soon $125,000 MiRealSource-MiMLS
- 2026-03-11 Listed for Rent $1,550 APPFOLIO
- 2026-01-13 Relisted — MiRealSource-MiMLS
- 2026-01-13 Relisted — REALCOMP
- 2026-01-13 Listing Removed — REALCOMP
- 2026-01-13 Listing Removed — MiRealSource-MiMLS
- 2026-01-12 Contingent — MiRealSource-MiMLS
- 2026-01-12 Contingent — REALCOMP
- 2026-01-08 Relisted — MiRealSource-MiMLS
- 2026-01-08 Relisted — REALCOMP
- 2026-01-08 Contingent — MiRealSource-MiMLS
- 2026-01-08 Contingent — REALCOMP
- 2025-12-02 Listed $135,000 REALCOMP
- 2025-12-02 Listed $135,000 MiRealSource-MiMLS
- 2025-11-29 Listing Removed — REALCOMP
- 2025-11-29 Listing Removed — MiRealSource-MiMLS
- 2025-11-10 Listed $149,999 REALCOMP
- 2025-11-10 Listed $149,999 MiRealSource-MiMLS
- 2025-10-19 Listing Removed — REALCOMP
- 2025-10-19 Listing Removed — MiRealSource-MiMLS
- 2025-09-18 Listed $160,000 REALCOMP
- 2025-09-18 Listed $160,000 MiRealSource-MiMLS
- 2025-09-01 Listing Removed — MiRealSource-MiMLS
- 2025-09-01 Listing Removed — REALCOMP
- 2025-07-15 Listed $160,000 REALCOMP
- 2025-07-15 Listed $160,000 MiRealSource-MiMLS
- 2024-01-18 Sold (Public Records) $140,000 Public Records
- 2012-02-21 Listing Removed — REALCOMP
- 2012-02-21 Listing Removed — MiRealSource-MiMLS
- 2012-02-14 Listing Removed — MiRealSource-MiMLS
- 2012-02-14 Listed $6,000 REALCOMP
- 2012-02-14 Listed $6,000 MiRealSource-MiMLS
- 2012-02-13 Listing Removed — MiRealSource-MiMLS
- 2012-02-13 Listed $6,000 MiRealSource-MiMLS
- 2012-02-13 Listing Removed — REALCOMP
- 2012-02-13 Listed $6,000 REALCOMP
- 2012-02-13 Listed $6,000 MiRealSource-MiMLS
- 2009-10-10 Listing Removed — REALCOMP
- 2009-06-10 Listed $6,000 REALCOMP
- 2005-08-19 Sold (Public Records) $70,000 Public Records
Property tax history
-2.0%/yrLatest (2025): $952 · -38.6% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…