CashFlowRE
Sign in Sign up
2340 Clements St Fourplex
C- Composite 52.97
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 +21.9/30.0
  • ARV discount +7.5/15.0
  • DSCR +7.0/10.0
  • 1% rule +5.1/10.0
  • Rent growth +4.0/5.0
  • Livability +3.7/5.0
  • Condition / age +2.5/5.0
  • Schools +1.3/10.0
  • Appreciation +0.0/10.0

$469,000

2340 Clements St · Detroit, MI 48238
12 bd · 4.5 ba · 4,800 sqft · MultiFamily public records · 31 Days on market
Built 1925 6,098 sqft lot

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 4 units. confirmed

Listing remarks MLS

This fully renovated 4-unit multifamily property offers an exceptional house hacking opportunity for owner-occupants seeking to live in one unit while generating strong rental income from the remaining three. Rare opportunity for investors seeking a stabilized property with future expansion potential. Each spacious unit offers 3 bedrooms and 1 bathroom, with current market-supported rents of $1,587 per month for comparable 3-bedroom units within the subject ZIP code Section 8 market. The property underwent a complete gut renovation with ownership strategically modernizing the asset to support operational efficiency. Improvements include exterior brick paint, plumbing systems, flooring, fully renovated kitchens and bathrooms with tile finishes, and the removal of outdated textured walls to create a clean, contemporary finish package designed to compete with newer rental inventory. Also offering additional space for future enhancements. The expansive basement may provide an opportunity for amenities such as coin-operated laundry, tenant storage, or other uses as determined by ownership. The oversized attic with approximately 12-foot ceilings offers additional space that may present expansion possibilities, subject to buyer due diligence, municipal approvals, zoning requirements, permitting, and all applicable city regulations. Two tenants already secured by closing.

Key facts

  • Fully renovated
  • 12 foot ceilings
  • Expansive basement

Tags

FULLY RENOVATEDFULLY RENOVATED KITCHENSFULLY RENOVATED BATHROOMSEXPANSIVE BASEMENTOVERSIZED ATTIC12 FOOT CEILINGS

Property features AI

Finance

  • Other: Lot approximately 0.14 acres (50 x 118)

Exterior

  • Utilities: Public water; Public sewer
  • Home design: Two-story multi-family residential income property; Brick construction; Residential zoning
  • Construction: Brick foundation (brick/mortar); Brick exterior
  • Exterior features: Covered porch; Shingle roof; Paved road access; Alley frontage

Interior

  • Bathrooms: 4 full bathrooms; 1 half bathroom
  • Heating & cooling: Forced air heating (natural gas); No central cooling
  • Interior features: Partial, unfinished basement; Balcony

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 4 × 3-bed/1-bath units multifamily listed at $469k.

Deal economics

  • At list price, monthly cash flow is $739 ($9k/yr) — positive. Per door: $185/mo.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($5k rent vs $469k).
  • Recommended offer: $455k (3.0% 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 (+6.1%/yr); 350 active listings in the ZIP; lower-income renter base — watch delinquency; 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
  • At $4,723/mo this rent would consume 170% of the median local household income ($33k/yr) (locally 2172% 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 $3k of loan paydown is wiped out by about $14k 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 + 6.1% rent growth), your $131k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 31 days — a 3% lower offer ($455k) is reasonable based on typical stale-listing flexibility.
  • 10 sale attempts 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 $200k; list at $469k implies a 134% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: built in 1925 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $454,930 (3.0% below list)

Questions for the listing agent

  1. It's been on market 31 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
  2. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
  3. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
  4. Built in 1925 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. 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?
  7. 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?
  8. 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.
  9. 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.
  10. 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
1.01%
Cap rate
8.18%
Cash-on-cash
6.75%
DSCR
1.30
GRM
8.3

CMA / ARV

ARV (on-the-fly)
$201,600
Comps found
1
Show comp detail 1 sale within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
2340 Clements St 0.00mi 12/4.5 4,800 (0%) 8mo $200,000 $42 94

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 · 6.14% rent growth · sell at horizon

5-year hold
IRR
-2.7%
Equity multiple
0.90×
Total profit
$-13,638
Equity at exit
$69,929
10-year hold
IRR
10.0%
Equity multiple
1.88×
Total profit
$115,746
Equity at exit
$40,551

Cash invested: $131,320 (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 48238

Home prices YoY
-14.4%
Rents YoY
6.1%
Active inventory
350
Price-to-rent
33.1×

Monthly cashflow live

Estimated rent
$4,723 high interval (Pro) →
Mortgage (P&I)
$2,459
Tax from tax record
$338 /mo · $4,050/yr
Insurance
$195
HOA
$0
Vacancy / Maint / Mgmt
$992
Net cashflow
$739

Break-even live

Break-even rent $3,788
Max offer price $469,000
Occupancy floor 79%

Sensitivity live

Price -10% $1,004 -5% $872 +0% $739 +5% $606 +10% $473
Rent -10% $366 -5% $552 +0% $739 +5% $925 +10% $1,112
Rate -1.0pp $975 -0.5pp $858 base $739 +0.5pp $617 +1.0pp $494

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

UnitsBedsBathsEst. rent
Total (4 units) $4,723

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
$117,250
Closing costs
$14,070
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.

Listing history 43 events

  1. 2026-06-17
    days on market $469,000 Active 31 DOM
  2. 2026-06-15
    days on market $469,000 Active 29 DOM
  3. 2026-06-13
    days on market $469,000 Active 27 DOM
  4. 2026-06-13
    days on market $469,000 Active 26 DOM
  5. 2026-06-09
    days on market $469,000 Active 23 DOM
  6. 2026-06-08
    days on market $469,000 Active 22 DOM
  7. 2026-06-07
    days on market $469,000 Active 21 DOM
  8. 2026-06-04
    days on market $469,000 Active 18 DOM
  9. 2026-06-03
    days on market $469,000 Active 17 DOM
  10. 2026-06-02
    days on market $469,000 Active 16 DOM
  11. 2026-06-01
    days on market $469,000 Active 15 DOM
  12. 2026-05-31
    days on market $469,000 Active 14 DOM
  13. 2026-05-18
    listed $469,000 Active
  14. 2026-05-17
    listed $469,000 Active 1386-char remark
    Show marketing remark (1386 chars)

    This fully renovated 4-unit multifamily property offers an exceptional house hacking opportunity for owner-occupants seeking to live in one unit while generating strong rental income from the remaining three. Rare opportunity for investors seeking a stabilized property with future expansion potential. Each spacious unit offers 3 bedrooms and 1 bathroom, with current market-supported rents of $1,587 per month for comparable 3-bedroom units within the subject ZIP code Section 8 market. The property underwent a complete gut renovation with ownership strategically modernizing the asset to support operational efficiency. Improvements include exterior brick paint, plumbing systems, flooring, fully renovated kitchens and bathrooms with tile finishes, and the removal of outdated textured walls to create a clean, contemporary finish package designed to compete with newer rental inventory. Also offering additional space for future enhancements. The expansive basement may provide an opportunity for amenities such as coin-operated laundry, tenant storage, or other uses as determined by ownership. The oversized attic with approximately 12-foot ceilings offers additional space that may present expansion possibilities, subject to buyer due diligence, municipal approvals, zoning requirements, permitting, and all applicable city regulations. Two tenants already secured by closing.

  15. 2025-10-31
    soldstatus $200,000
  16. 2025-10-30
    soldstatus $200,000 Closed 1222-char remark
    Show marketing remark (1222 chars)

    4 UNIT Multi-Family Opportunity in Detroit's Historic Oakman District. THREE bedrooms per unit, this offers spacious open layout, strong value, and excellent cash flow potential. Ideal for a Hands-On Landlord, this property consolidates FOUR income STREAMS into a Single Manageable Asset. Priced Below It's Past Valuation "$330k appraised in 2022" (available upon request). With Section 8 Market Rents Starting At $1,300 For A 3-Bedroom, This Is The Kind Of Property That Can Work Hard For You. This is a prime value-add investment for buyers looking to stabilize and unlock a strong cash flowing portfolio. Whether you're aiming to bring rents to market rates, tap into government-backed income like section 8, or simply secure steady cash flow, this property offers upside support and long term growth. Property has one reliable, paying tenant, two units are squatter-occupied. Legal action is already in motion, with litigation underway and the eviction process actively progressing. This is a prime opportunity for an investor to step in, complete the turnover, and begin collecting premium rents. It's loss is your win!! Secure below market value and unlock its full cash flowing potential it's meant to be.

  17. 2025-10-30
    soldstatus $200,000 Closed
    Show marketing remark (1222 chars)

    4 UNIT Multi-Family Opportunity in Detroit's Historic Oakman District. THREE bedrooms per unit, this offers spacious open layout, strong value, and excellent cash flow potential. Ideal for a Hands-On Landlord, this property consolidates FOUR income STREAMS into a Single Manageable Asset. Priced Below It's Past Valuation "$330k appraised in 2022" (available upon request). With Section 8 Market Rents Starting At $1,300 For A 3-Bedroom, This Is The Kind Of Property That Can Work Hard For You. This is a prime value-add investment for buyers looking to stabilize and unlock a strong cash flowing portfolio. Whether you're aiming to bring rents to market rates, tap into government-backed income like section 8, or simply secure steady cash flow, this property offers upside support and long term growth. Property has one reliable, paying tenant, two units are squatter-occupied. Legal action is already in motion, with litigation underway and the eviction process actively progressing. This is a prime opportunity for an investor to step in, complete the turnover, and begin collecting premium rents. It's loss is your win!! Secure below market value and unlock its full cash flowing potential it's meant to be.

  18. 2025-10-14
    status Pending 1222-char remark
    Show marketing remark (1222 chars)

    4 UNIT Multi-Family Opportunity in Detroit's Historic Oakman District. THREE bedrooms per unit, this offers spacious open layout, strong value, and excellent cash flow potential. Ideal for a Hands-On Landlord, this property consolidates FOUR income STREAMS into a Single Manageable Asset. Priced Below It's Past Valuation "$330k appraised in 2022" (available upon request). With Section 8 Market Rents Starting At $1,300 For A 3-Bedroom, This Is The Kind Of Property That Can Work Hard For You. This is a prime value-add investment for buyers looking to stabilize and unlock a strong cash flowing portfolio. Whether you're aiming to bring rents to market rates, tap into government-backed income like section 8, or simply secure steady cash flow, this property offers upside support and long term growth. Property has one reliable, paying tenant, two units are squatter-occupied. Legal action is already in motion, with litigation underway and the eviction process actively progressing. This is a prime opportunity for an investor to step in, complete the turnover, and begin collecting premium rents. It's loss is your win!! Secure below market value and unlock its full cash flowing potential it's meant to be.

  19. 2025-10-14
    status Pending
    Show marketing remark (1222 chars)

    4 UNIT Multi-Family Opportunity in Detroit's Historic Oakman District. THREE bedrooms per unit, this offers spacious open layout, strong value, and excellent cash flow potential. Ideal for a Hands-On Landlord, this property consolidates FOUR income STREAMS into a Single Manageable Asset. Priced Below It's Past Valuation "$330k appraised in 2022" (available upon request). With Section 8 Market Rents Starting At $1,300 For A 3-Bedroom, This Is The Kind Of Property That Can Work Hard For You. This is a prime value-add investment for buyers looking to stabilize and unlock a strong cash flowing portfolio. Whether you're aiming to bring rents to market rates, tap into government-backed income like section 8, or simply secure steady cash flow, this property offers upside support and long term growth. Property has one reliable, paying tenant, two units are squatter-occupied. Legal action is already in motion, with litigation underway and the eviction process actively progressing. This is a prime opportunity for an investor to step in, complete the turnover, and begin collecting premium rents. It's loss is your win!! Secure below market value and unlock its full cash flowing potential it's meant to be.

  20. 2025-09-23
    price $250,000 1222-char remark
    Show marketing remark (1222 chars)

    4 UNIT Multi-Family Opportunity in Detroit's Historic Oakman District. THREE bedrooms per unit, this offers spacious open layout, strong value, and excellent cash flow potential. Ideal for a Hands-On Landlord, this property consolidates FOUR income STREAMS into a Single Manageable Asset. Priced Below It's Past Valuation "$330k appraised in 2022" (available upon request). With Section 8 Market Rents Starting At $1,300 For A 3-Bedroom, This Is The Kind Of Property That Can Work Hard For You. This is a prime value-add investment for buyers looking to stabilize and unlock a strong cash flowing portfolio. Whether you're aiming to bring rents to market rates, tap into government-backed income like section 8, or simply secure steady cash flow, this property offers upside support and long term growth. Property has one reliable, paying tenant, two units are squatter-occupied. Legal action is already in motion, with litigation underway and the eviction process actively progressing. This is a prime opportunity for an investor to step in, complete the turnover, and begin collecting premium rents. It's loss is your win!! Secure below market value and unlock its full cash flowing potential it's meant to be.

  21. 2025-09-23
    price $250,000
    Show marketing remark (1222 chars)

    4 UNIT Multi-Family Opportunity in Detroit's Historic Oakman District. THREE bedrooms per unit, this offers spacious open layout, strong value, and excellent cash flow potential. Ideal for a Hands-On Landlord, this property consolidates FOUR income STREAMS into a Single Manageable Asset. Priced Below It's Past Valuation "$330k appraised in 2022" (available upon request). With Section 8 Market Rents Starting At $1,300 For A 3-Bedroom, This Is The Kind Of Property That Can Work Hard For You. This is a prime value-add investment for buyers looking to stabilize and unlock a strong cash flowing portfolio. Whether you're aiming to bring rents to market rates, tap into government-backed income like section 8, or simply secure steady cash flow, this property offers upside support and long term growth. Property has one reliable, paying tenant, two units are squatter-occupied. Legal action is already in motion, with litigation underway and the eviction process actively progressing. This is a prime opportunity for an investor to step in, complete the turnover, and begin collecting premium rents. It's loss is your win!! Secure below market value and unlock its full cash flowing potential it's meant to be.

  22. 2025-09-12
    listed $260,000 Active 1222-char remark
    Show marketing remark (1222 chars)

    4 UNIT Multi-Family Opportunity in Detroit's Historic Oakman District. THREE bedrooms per unit, this offers spacious open layout, strong value, and excellent cash flow potential. Ideal for a Hands-On Landlord, this property consolidates FOUR income STREAMS into a Single Manageable Asset. Priced Below It's Past Valuation "$330k appraised in 2022" (available upon request). With Section 8 Market Rents Starting At $1,300 For A 3-Bedroom, This Is The Kind Of Property That Can Work Hard For You. This is a prime value-add investment for buyers looking to stabilize and unlock a strong cash flowing portfolio. Whether you're aiming to bring rents to market rates, tap into government-backed income like section 8, or simply secure steady cash flow, this property offers upside support and long term growth. Property has one reliable, paying tenant, two units are squatter-occupied. Legal action is already in motion, with litigation underway and the eviction process actively progressing. This is a prime opportunity for an investor to step in, complete the turnover, and begin collecting premium rents. It's loss is your win!! Secure below market value and unlock its full cash flowing potential it's meant to be.

  23. 2025-09-12
    listed $260,000 Active
    Show marketing remark (1222 chars)

    4 UNIT Multi-Family Opportunity in Detroit's Historic Oakman District. THREE bedrooms per unit, this offers spacious open layout, strong value, and excellent cash flow potential. Ideal for a Hands-On Landlord, this property consolidates FOUR income STREAMS into a Single Manageable Asset. Priced Below It's Past Valuation "$330k appraised in 2022" (available upon request). With Section 8 Market Rents Starting At $1,300 For A 3-Bedroom, This Is The Kind Of Property That Can Work Hard For You. This is a prime value-add investment for buyers looking to stabilize and unlock a strong cash flowing portfolio. Whether you're aiming to bring rents to market rates, tap into government-backed income like section 8, or simply secure steady cash flow, this property offers upside support and long term growth. Property has one reliable, paying tenant, two units are squatter-occupied. Legal action is already in motion, with litigation underway and the eviction process actively progressing. This is a prime opportunity for an investor to step in, complete the turnover, and begin collecting premium rents. It's loss is your win!! Secure below market value and unlock its full cash flowing potential it's meant to be.

  24. 2025-09-11
    historical
  25. 2025-09-11
    historical
  26. 2025-09-02
    price $260,000
  27. 2025-09-01
    price $260,000
  28. 2025-08-20
    price $280,000
  29. 2025-08-20
    price $280,000
  30. 2025-07-19
    listed $300,000 Active
  31. 2025-07-18
    listed $300,000 Active
  32. 2025-07-07
    historical
  33. 2025-07-07
    historical
  34. 2025-06-09
    listed $300,000 Active
  35. 2025-06-08
    listed $300,000 Active
  36. 2025-05-21
    historical
  37. 2025-05-21
    historical
  38. 2025-05-11
    price $300,000
  39. 2025-05-10
    price $300,000
  40. 2025-04-16
    listed $325,000 Active
  41. 2025-04-16
    listed $325,000 Active
  42. 2023-01-05
    soldstatus $299,000
  43. 2018-03-20
    soldstatus $65,000

ⓘ 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
$4,050 · $338/mo
Projected year-2 tax
$5,636 · $470/mo
Expected delta
+$1,586/yr (+$132/mo · 39.2%)

ⓘ 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
$56,676
− Mortgage interest
−$26,271
− Property taxes
−$4,050
− Insurance
−$2,345
− Repairs & maintenance
−$4,534
− Management
−$4,534
− Depreciation
−$13,644
Taxable income
$1,298
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$311
After-tax cash flow
$8,554/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)
24,731
Household income
$33,315
Rent vs Own
53.0% rent · 47.0% own
Severe rent burden
2172.0

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 (94%)
Race & ethnicity
Black 94% Two or more races 3% White 1%
Foreign-born
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
▼ -31.96%
Current HPI
189.6227
Rent YoY
▲ 6.14%
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

+621.5% since first listed
31 events — show timeline
  • 2026-05-18 Listed $469,000 REALCOMP
  • 2026-05-17 Listed $469,000 MiRealSource-MiMLS
  • 2025-10-31 Sold (Public Records) $200,000 Public Records
  • 2025-10-30 Sold (MLS) $200,000 REALCOMP
  • 2025-10-30 Sold (MLS) $200,000 MiRealSource-MiMLS
  • 2025-10-14 Pending MiRealSource-MiMLS
  • 2025-10-14 Pending REALCOMP
  • 2025-09-23 Price Changed $250,000 MiRealSource-MiMLS
  • 2025-09-23 Price Changed $250,000 REALCOMP
  • 2025-09-12 Listed $260,000 REALCOMP
  • 2025-09-12 Listed $260,000 MiRealSource-MiMLS
  • 2025-09-11 Listing Removed REALCOMP
  • 2025-09-11 Listing Removed MiRealSource-MiMLS
  • 2025-09-02 Price Changed $260,000 MiRealSource-MiMLS
  • 2025-09-01 Price Changed $260,000 REALCOMP
  • 2025-08-20 Price Changed $280,000 MiRealSource-MiMLS
  • 2025-08-20 Price Changed $280,000 REALCOMP
  • 2025-07-19 Listed $300,000 REALCOMP
  • 2025-07-18 Listed $300,000 MiRealSource-MiMLS
  • 2025-07-07 Listing Removed REALCOMP
  • 2025-07-07 Listing Removed MiRealSource-MiMLS
  • 2025-06-09 Listed $300,000 REALCOMP
  • 2025-06-08 Listed $300,000 MiRealSource-MiMLS
  • 2025-05-21 Listing Removed MiRealSource-MiMLS
  • 2025-05-21 Listing Removed REALCOMP
  • 2025-05-11 Price Changed $300,000 MiRealSource-MiMLS
  • 2025-05-10 Price Changed $300,000 REALCOMP
  • 2025-04-16 Listed $325,000 MiRealSource-MiMLS
  • 2025-04-16 Listed $325,000 REALCOMP
  • 2023-01-05 Sold (Public Records) $299,000 Public Records
  • 2018-03-20 Sold (Public Records) $65,000 Public Records

Property tax history

+8.3%/yr

Latest (2025): $4,050 · -38.2% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…