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28748 Herbert St
D- Composite 36.88
Why this score? — see what drove the D- 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 +13.4/30.0
  • 1% rule +4.5/10.0
  • DSCR +4.0/10.0
  • Livability +4.0/5.0
  • Schools +3.3/10.0
  • Rent growth +3.2/5.0
  • Condition / age +2.5/5.0
  • ARV discount +2.0/15.0
  • Appreciation +0.0/10.0

$289,000

28748 Herbert St · Madison Heights, MI 48071
3 bd · 2.5 ba · 1,775 sqft · SingleFamily public records · 28 Days on market
Built 1954 5,227 sqft lot Est $257k · 12% over

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

Listing remarks MLS

Welcome home to this beautifully updated ranch in the heart of Madison Heights offering the perfect blend of comfort, style, and move-in-ready convenience! Situated on a quiet street in a highly desirable neighborhood within the Lamphere School District, 28748 Herbert has been thoughtfully updated and appraised at $304,000 in July 2025, giving buyers added confidence and value. This well-maintained home features 3 bedrooms, 2 full bathrooms, and a functional ranch layout designed for easy everyday living. The completely remodeled kitchen (2025) showcases stylish finishes, updated cabinetry, modern countertops, and refreshed fixtures, creating a bright and inviting space perfect for cooking and entertaining. The full bathroom was also beautifully remodeled in 2025 with tasteful modern updates and finishes. Additional interior features include spacious living areas, comfortable bedrooms, and plenty of natural light throughout. Step outside to enjoy the fully fenced backyard - ideal for pets, gatherings, gardening, or relaxing summer evenings. The detached 2-car garage provides excellent storage and convenience. Located close to parks, shopping, dining, and major expressways, this home offers the perfect balance of peaceful neighborhood living with easy access to everything Metro Detroit has to offer. Whether you are a first-time homebuyer, downsizing, or looking for a turnkey home in a fantastic location, this updated Madison Heights ranch is one you will not want to miss. Schedule your private showing today before this incredible opportunity is gone!

Key facts

  • Updated ranch
  • Remodeled kitchen
  • Detached garage

Tags

UPDATED RANCHREMODELED KITCHENFULLY FENCED BACKYARDDETACHED GARAGEHIGHLY DESIRABLE NEIGHBORHOODSPACIOUS LIVING AREAS

Property features AI

Exterior

  • Parking: Detached 2-car garage
  • Utilities: Public water; Public sewer
  • Home design: Single-family residence; One level; Ground-level entry with steps
  • Construction: Brick construction; Brick/mortar foundation; Asphalt roof; Built area: 1,050 above grade, 1,014 below grade
  • Exterior features: Porch; Fenced yard; Paved road access

Interior

  • Kitchen: Dishwasher; Free-standing gas range; Free-standing refrigerator; Plumbed for ice maker; Stainless steel appliances
  • Bedrooms: Total 8 rooms (bedroom count not specified)
  • Bathrooms: 2 full bathrooms
  • Interior features: Unfurnished; Full basement, partially finished; Awning(s)
  • Laundry & utility: Washer; Dryer; Gas water heater

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 3-bed/2.5-bath single-family listed at $289k.

Deal economics

  • At list price, monthly cash flow is $3 ($33/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $275k (4.8% below list).
  • Recommended offer: $275k (4.8% below list) — sets the bar for 1% rule.

Location & tenants

  • Location reads 81/100 on livability (#62 in MI, #1,347 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A+; Watch: health & safety D.
  • Lamphere Public Schools (suburban): math 28% / reading 49% proficiency, ranked #235 of 540 in MI (top 44%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Edmonson Elementary School (math 27% / reading 57%, grade F, #547 of 1,397 statewide, top 41%, 280 students, 56% FRL); Page Middle School (math 23% / reading 47%, grade F, #283 of 493 statewide, top 58%, 554 students, 54% FRL); Lamphere High School (math 32% / reading 57%, grade F, #214 of 713 statewide, top 36%, 729 students, 48% FRL).
  • Market conditions: Rents rising (+2.8%/yr); 141 active listings in the ZIP; 14 comparable units currently listed for rent nearby; rentals leasing fast (median 12d on market — plan ~1-2 weeks tenant-placement turnaround); 2,614 units permitted in Oakland County in 2024 (721 in 5+ unit buildings).
  • At $2,751/mo this rent would consume 47% of the median local household income ($70k/yr) (locally 786% 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 $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.
  • Oakland County population projected at +10% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

  • It's been on market 28 days — a 2% lower offer ($285k) is reasonable based on typical stale-listing flexibility.
  • 5 sale attempts since 26y 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 $211k; 37% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

  • Watch-outs: built in 1954 — expect roof / HVAC / electrical / plumbing capex.
  • Climate carrying-cost: moderate flood risk — expect insurance premiums to compound above CPI over the hold.
Recommended offer $275,106 (4.8% below list)

Questions for the listing agent

  1. Built in 1954 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  4. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  5. 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.
  6. 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.
  7. 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
0.95%
Cap rate
6.30%
Cash-on-cash
0.04%
DSCR
1.00
GRM
8.8

CMA / ARV

ARV (on-the-fly)
$257,375
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
29064 Howard Ave 0.17mi 3/2.0 1,736 (-2%) 1mo $245,000 $141 86
830 Mapleknoll Ave 0.09mi 3/1.5 1,599 (-10%) 2mo $275,000 $172 74
29242 Shirley Ave 0.34mi 3/1.0 1,826 (+3%) 1mo $265,000 $145 73
1274 Fontaine Ave 0.46mi 3/2.0 1,812 (+2%) 0mo $321,000 $177 72
1594 Harvard Dr 0.45mi 3/2.5 1,847 (+4%) 0mo $415,000 $225 72
348 Sonia Ave 0.44mi 3/1.5 1,680 (-5%) 0mo $250,000 $149 66
309 Sonia Ave 0.44mi 2/1.5 (-1) 1,680 (-5%) 0mo $225,000 $134 62
27604 Rialto St 0.55mi 3/1.5 1,680 (-5%) 1mo $240,000 $143 61
28447 Brush St 0.56mi 3/2.0 1,659 (-6%) 1mo $287,500 $173 60
28303 Diesing Dr 0.73mi 3/1.5 1,909 (+8%) 0mo $240,000 $126 49
833 Bernie Ln 0.46mi 4/1.5 (+1) 1,998 (+13%) 1mo $235,000 $118 48
76 W Katherine Ave 0.55mi 3/1.5 2,018 (+14%) 0mo $265,000 $131 48

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 · 2.81% rent growth · sell at horizon

5-year hold
IRR
-16.4%
Equity multiple
0.42×
Total profit
$-47,032
Equity at exit
$43,091
10-year hold
IRR
-8.4%
Equity multiple
0.48×
Total profit
$-42,273
Equity at exit
$24,987

Cash invested: $80,920 (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 48071

Rents YoY
2.8%
Active inventory
141
Price-to-rent
8.8×

Monthly cashflow live

Estimated rent
$2,751 high interval (Pro) →
Mortgage (P&I)
$1,516
Tax from tax record
$535 /mo · $6,415/yr
Insurance
$120
HOA
$0
Vacancy / Maint / Mgmt
$578
Net cashflow
$3

Break-even live

Break-even rent $2,748
Max offer price $289,000
Occupancy floor 95%

Sensitivity live

Price -10% $166 -5% $85 +0% $3 +5% $-79 +10% $-161
Rent -10% $-215 -5% $-106 +0% $3 +5% $111 +10% $220
Rate -1.0pp $148 -0.5pp $76 base $3 +0.5pp $-72 +1.0pp $-148

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
$72,250
Closing costs
$8,670
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 14 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1045 E 12 Mile Rd Madison Heights, MI 3.0 1.0 1700 $4,000 $2.35 0d 1 0.10mi
1322 Elliott Ave Madison Heights, MI 3.0 1.5 1500 $2,100 $1.40 20d 1 0.40mi
29607 Howard Ave Madison Heights, MI 3.0 2.5 1956 $1,950 $1.00 45d 1 0.52mi
14895 Twelve Mile Rd Warren, MI 1.0–2.0 1.0–1.5 1025 $1,560 $1.52 3d 4 0.55mi
740 Sheffield Dr Madison Heights, MI 3.0 1.5 2303 $2,000 $0.87 45d 1 0.59mi
642 Bellaire Ave Madison Heights, MI 3.0 2.5 1750 $2,423 $1.38 23d 1 0.87mi
28222 Saint Louise Dr Warren, MI 3.0 2.0 1600 $5,500 $3.44 0d 1 0.99mi
300 E Thirteen Mile Rd Madison Heights, MI 2.0 1.5 1350 $1,475 $1.09 20d 1 1.06mi
324 E Thirteen Mile Rd Madison Heights, MI 1.0–2.0 1.0–1.5 950 $1,775 $1.87 4d 1 1.14mi
1132 N Campbell Rd Royal Oak, MI 2.0–3.0 1.0–1.5 1125 $2,085 $1.85 1d 8 1.36mi
317 E Irving Ave Madison Heights, MI 2.0 2.5 1560 $2,700 $1.73 0d 1 1.37mi
28439 Wexford Dr Warren, MI 3.0 1.5 1253 $2,099 $1.68 26d 1 1.40mi
3441 Winterfield Dr Warren, MI 4.0 3.0 2300 $2,381 $1.04 4d 1 1.41mi
3458 Common Rd Warren, MI 4.0 1.5 2416 $2,400 $0.99 12d 1 1.48mi

Listing history 29 events

  1. 2026-06-19
    status $289,000 Pending 28 DOM
  2. 2026-06-18
    days on market $289,000 Active Under Contract 28 DOM
  3. 2026-06-17
    days on market $289,000 Active Under Contract 27 DOM
  4. 2026-06-16
    days on market $289,000 Active Under Contract 26 DOM
  5. 2026-06-15
    days on market $289,000 Active Under Contract 25 DOM
  6. 2026-06-13
    days on market $289,000 Active Under Contract 23 DOM
  7. 2026-06-09
    days on market $289,000 Active Under Contract 19 DOM
  8. 2026-06-08
    days on market $289,000 Active Under Contract 18 DOM
  9. 2026-06-07
    days on market $289,000 Active Under Contract 17 DOM
  10. 2026-06-04
    statusdays on market $289,000 Active Under Contract 14 DOM
  11. 2026-06-03
    days on market $289,000 Active 13 DOM
  12. 2026-06-02
    days on market $289,000 Active 12 DOM
  13. 2026-06-01
    days on market $289,000 Active 11 DOM
  14. 2026-05-31
    days on market $289,000 Active 10 DOM
  15. 2026-05-19
    listed $289,000 Active 1577-char remark
    Show marketing remark (1577 chars)

    Welcome home to this beautifully updated ranch in the heart of Madison Heights offering the perfect blend of comfort, style, and move-in-ready convenience! Situated on a quiet street in a highly desirable neighborhood within the Lamphere School District, 28748 Herbert has been thoughtfully updated and appraised at $304,000 in July 2025, giving buyers added confidence and value. This well-maintained home features 3 bedrooms, 2 full bathrooms, and a functional ranch layout designed for easy everyday living. The completely remodeled kitchen (2025) showcases stylish finishes, updated cabinetry, modern countertops, and refreshed fixtures, creating a bright and inviting space perfect for cooking and entertaining. The full bathroom was also beautifully remodeled in 2025 with tasteful modern updates and finishes. Additional interior features include spacious living areas, comfortable bedrooms, and plenty of natural light throughout. Step outside to enjoy the fully fenced backyard - ideal for pets, gatherings, gardening, or relaxing summer evenings. The detached 2-car garage provides excellent storage and convenience. Located close to parks, shopping, dining, and major expressways, this home offers the perfect balance of peaceful neighborhood living with easy access to everything Metro Detroit has to offer. Whether you are a first-time homebuyer, downsizing, or looking for a turnkey home in a fantastic location, this updated Madison Heights ranch is one you will not want to miss. Schedule your private showing today before this incredible opportunity is gone!

  16. 2026-05-19
    listed $289,000 Active
    Show marketing remark (1577 chars)

    Welcome home to this beautifully updated ranch in the heart of Madison Heights offering the perfect blend of comfort, style, and move-in-ready convenience! Situated on a quiet street in a highly desirable neighborhood within the Lamphere School District, 28748 Herbert has been thoughtfully updated and appraised at $304,000 in July 2025, giving buyers added confidence and value. This well-maintained home features 3 bedrooms, 2 full bathrooms, and a functional ranch layout designed for easy everyday living. The completely remodeled kitchen (2025) showcases stylish finishes, updated cabinetry, modern countertops, and refreshed fixtures, creating a bright and inviting space perfect for cooking and entertaining. The full bathroom was also beautifully remodeled in 2025 with tasteful modern updates and finishes. Additional interior features include spacious living areas, comfortable bedrooms, and plenty of natural light throughout. Step outside to enjoy the fully fenced backyard - ideal for pets, gatherings, gardening, or relaxing summer evenings. The detached 2-car garage provides excellent storage and convenience. Located close to parks, shopping, dining, and major expressways, this home offers the perfect balance of peaceful neighborhood living with easy access to everything Metro Detroit has to offer. Whether you are a first-time homebuyer, downsizing, or looking for a turnkey home in a fantastic location, this updated Madison Heights ranch is one you will not want to miss. Schedule your private showing today before this incredible opportunity is gone!

  17. 2024-03-27
    soldstatus $211,000
  18. 2024-03-22
    soldstatus $211,000 Closed 578-char remark
    Show marketing remark (578 chars)

    * * HIGHEST AND BEST DUE MONDAY 2-26 @ 10AM * * Welcome home to this cozy brick ranch in Madison Heights! Inside, you will find a spacious living room, a dining nook, and a fresh coat of paint. The basement is partially finished and features a wet bar, fireplace, full bathroom, and a utility room providing additional space for entertainment, relaxation, or storage. Outside, there is a fenced yard, covered patio, and a 2 car garage for your enjoyment and convenience. Some updates to the home include a new roof (2022), new hot water heater(2022), and a new furnace(2020).

  19. 2024-03-22
    soldstatus $211,000
    Show marketing remark (578 chars)

    * * HIGHEST AND BEST DUE MONDAY 2-26 @ 10AM * * Welcome home to this cozy brick ranch in Madison Heights! Inside, you will find a spacious living room, a dining nook, and a fresh coat of paint. The basement is partially finished and features a wet bar, fireplace, full bathroom, and a utility room providing additional space for entertainment, relaxation, or storage. Outside, there is a fenced yard, covered patio, and a 2 car garage for your enjoyment and convenience. Some updates to the home include a new roof (2022), new hot water heater(2022), and a new furnace(2020).

  20. 2024-02-28
    status Pending 578-char remark
    Show marketing remark (578 chars)

    * * HIGHEST AND BEST DUE MONDAY 2-26 @ 10AM * * Welcome home to this cozy brick ranch in Madison Heights! Inside, you will find a spacious living room, a dining nook, and a fresh coat of paint. The basement is partially finished and features a wet bar, fireplace, full bathroom, and a utility room providing additional space for entertainment, relaxation, or storage. Outside, there is a fenced yard, covered patio, and a 2 car garage for your enjoyment and convenience. Some updates to the home include a new roof (2022), new hot water heater(2022), and a new furnace(2020).

  21. 2024-02-23
    listed $200,000 Active 578-char remark
    Show marketing remark (578 chars)

    * * HIGHEST AND BEST DUE MONDAY 2-26 @ 10AM * * Welcome home to this cozy brick ranch in Madison Heights! Inside, you will find a spacious living room, a dining nook, and a fresh coat of paint. The basement is partially finished and features a wet bar, fireplace, full bathroom, and a utility room providing additional space for entertainment, relaxation, or storage. Outside, there is a fenced yard, covered patio, and a 2 car garage for your enjoyment and convenience. Some updates to the home include a new roof (2022), new hot water heater(2022), and a new furnace(2020).

  22. 2024-02-21
    historical $200,000 578-char remark
    Show marketing remark (578 chars)

    * * HIGHEST AND BEST DUE MONDAY 2-26 @ 10AM * * Welcome home to this cozy brick ranch in Madison Heights! Inside, you will find a spacious living room, a dining nook, and a fresh coat of paint. The basement is partially finished and features a wet bar, fireplace, full bathroom, and a utility room providing additional space for entertainment, relaxation, or storage. Outside, there is a fenced yard, covered patio, and a 2 car garage for your enjoyment and convenience. Some updates to the home include a new roof (2022), new hot water heater(2022), and a new furnace(2020).

  23. 2024-02-21
    listed $200,000
    Show marketing remark (578 chars)

    * * HIGHEST AND BEST DUE MONDAY 2-26 @ 10AM * * Welcome home to this cozy brick ranch in Madison Heights! Inside, you will find a spacious living room, a dining nook, and a fresh coat of paint. The basement is partially finished and features a wet bar, fireplace, full bathroom, and a utility room providing additional space for entertainment, relaxation, or storage. Outside, there is a fenced yard, covered patio, and a 2 car garage for your enjoyment and convenience. Some updates to the home include a new roof (2022), new hot water heater(2022), and a new furnace(2020).

  24. 2000-04-04
    soldstatus $125,000
  25. 2000-02-25
    soldstatus $112,500
  26. 2000-02-10
    historical
  27. 2000-01-25
    listed $125,000
  28. 1992-10-19
    soldstatus $85,000
  29. 1992-08-28
    soldstatus $77,485

ⓘ 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
$6,415 · $535/mo
Projected year-2 tax
$6,415 · $535/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 5/10 Major FEMA zone X (unshaded) · 48% 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 3 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
$33,013
− Mortgage interest
−$16,188
− Property taxes
−$6,415
− Insurance
−$1,445
− Repairs & maintenance
−$2,641
− Management
−$2,641
− Depreciation
−$8,407
Taxable loss
−$4,726
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,134
After-tax cash flow
$1,167/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
Lamphere Public Schools
NCES district ID
2621120
Math proficiency
28% ▼ -8.00%
Reading proficiency
49% ▲ 1.00%
Median HH income
$44,993
Composite
32.69/100
National rank
#5649
State rank
#235 of 540 in MI

Livability — Madison Heights

Score
81/100
State rank
#62
US rank
#1347

Category grades

Amenities B+ Commute A+ Cost of living A+ Crime B- Employment C+ Housing A+ Health & safety D User ratings C

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Madison Heights, MI
County
Oakland County · 1,009,092 people
City population
28,419
Metro
Detroit-Warren-Dearborn, MI
Population (ZIP)
28,419
Household income
$69,503
Rent vs Own
35.2% rent · 64.8% own
Severe rent burden
786.0

Population outlook (Oakland County) Hauer SSP2

Today (2025)
1,335,747 people
By 2030
1,375,100 · +2.9%
By 2040
1,435,385 · +7.5%
By 2050
1,469,250 · +10.0%
By 2075
1,531,946 · +14.7%
By 2100
1,450,485 · +8.6%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (79%)
Race & ethnicity
White 79% Black 7% Asian 7% Two or more races 4% Hispanic / Latino 2%
Common ancestry
Romanian 11% Lithuanian 3% Slovak 2%
Foreign-born
14% · China, Canada, South Korea
Languages at home
84% English-only · Chinese 3% Other Indo-European 3% Arabic 2%

Political lean MEDSL · Oakland

2024 margin
D (+10.6) · D 54.4% · R 43.8% · Other 1.9%
2008→2024 swing
-3.9pp toward R · 2008: 14.5pp · 2024: 10.6pp
All cycles
2024: D+10.6 2020: D+14.1 2016: D+8.1 2012: D+8.1 2008: D+14.5

Not yet ingested

Civics

Market trends

HPI YoY
▼ -275.69%
Current HPI
243.4861
Rent YoY
▲ 2.81%
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

+273.0% since first listed
15 events — show timeline
  • 2026-05-19 Listed $289,000 REALCOMP
  • 2026-05-19 Listed $289,000 MiRealSource-MiMLS
  • 2024-03-27 Sold (Public Records) $211,000 Public Records
  • 2024-03-22 Sold (MLS) $211,000 REALCOMP
  • 2024-03-22 Sold (MLS) $211,000 MiRealSource-MiMLS
  • 2024-02-28 Pending MiRealSource-MiMLS
  • 2024-02-23 Listed $200,000 MiRealSource-MiMLS
  • 2024-02-21 Coming Soon $200,000 MiRealSource-MiMLS
  • 2024-02-21 Listed $200,000 REALCOMP
  • 2000-04-04 Sold (Public Records) $125,000 Public Records
  • 2000-02-25 Sold (MLS) $112,500 MiRealSource-MiMLS
  • 2000-02-10 Listing Removed MiRealSource-MiMLS
  • 2000-01-25 Listed $125,000 MiRealSource-MiMLS
  • 1992-10-19 Sold (Public Records) $85,000 Public Records
  • 1992-08-28 Sold (Public Records) $77,485 Public Records

Property tax history

+9.3%/yr

Latest (2025): $6,415 · +126.2% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…