14539 Terry St · Detroit, MI 48227

$68,000

4 bd · 1.0 ba · 1,476 sqft · SingleFamily public records · 436 Days on market

Built 1925 3,485 sqft lot $46/sqft · 10% above area Est $62k · 10% over

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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 +3.9/5.0
• Livability +3.7/5.0
• ARV discount +3.2/15.0
• Condition / age +2.5/5.0
• Schools +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

INVESTOR FLIPPER SPECIAL – WESTSIDE MULTIFAMILY OPPORTUNITY! Attention investors and flippers! This Westside multifamily property is packed with potential and ready for your vision. Perfect for a value-add flip, rental portfolio addition, or house hack opportunity. The main home features a living room with fireplace and built-in shelving, dining room, kitchen, two bedrooms, and a full basement. The upper unit offers a separate rear entrance, one bedroom, full bathroom, and kitchenette - ideal for rental income. Situated on a large lot with a massive detached 2+ car garage, providing added value and flexibility. Property needs some work and is being sold AS-IS. Great upside potential for the right buyer. Located near schools, dining, and entertainment. Bring your contractor and your imagination - this is your next project!

Key facts

• Kitchenette
• Large lot
• Full basement

Tags

• MASSIVE GARAGE
• FULL BASEMENT
• DETACHED GARAGE
• LARGE LOT
• SEPARATE REAR ENTRANCE
• KITCHENETTE

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $68k.

Deal economics

• At list price, monthly cash flow is $654 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $68k).
• Recommended offer: $60k (12.0% below list) — sets the bar for market timing.
• Cap rate 17.8% vs local median 10.1% 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 (+5.6%/yr); 391 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 19d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
• At $1,450/mo this rent would consume 48% 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 $470 of loan paydown is wiped out by about $2k 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 $19k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 436 days — a 12% lower offer ($60k) is reasonable based on typical stale-listing flexibility.
• 20 sale attempts since 26y ago; this cycle's ask has dropped $31k (31%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1925 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $59,840 (12.0% below list)

Questions for the listing agent

1. It's been on market 436 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1925 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new 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: 2.13% ✓
• Cap rate: 17.83%
• Cash-on-cash: 41.22%
• DSCR: 2.83
• GRM: 3.9

CMA / ARV

• ARV (median comp): $62,076
• List price: $68,000
• Delta: 9.54%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
14400 Hubbell St	0.20mi	4/1.5	1,444 (-2%)	4mo	$108,000	$75	81
13995 Montrose St	0.64mi	3/1.5 (-1)	1,468 (-0%)	4mo	$116,600	$79	59
14100 Winthrop St	0.53mi	3/1.0 (-1)	1,411 (-4%)	4mo	$90,000	$64	59
14232 Lauder St	0.26mi	3/1.0 (-1)	1,272 (-14%)	2mo	$60,000	$47	58
14124 Sussex St	0.38mi	3/1.0 (-1)	1,646 (+12%)	3mo	$70,000	$43	55
15110 Cruse St	0.63mi	3/1.0 (-1)	1,560 (+6%)	4mo	$75,000	$48	53
14500 Ardmore St	0.42mi	3/2.5 (-1)	1,596 (+8%)	5mo	$120,000	$75	52
14689 Forrer St	0.51mi	3/1.5 (-1)	1,627 (+10%)	3mo	$65,000	$40	50
14018 Prevost St	0.69mi	3/2.0 (-1)	1,532 (+4%)	5mo	$75,000	$49	49
15501 Whitcomb St	0.72mi	4/1.5	1,609 (+9%)	2mo	$90,000	$56	48
14736 Mansfield St	0.68mi	3/1.0 (-1)	1,318 (-11%)	0mo	$62,000	$47	45
15328 Prest St E	0.57mi	3/1.5 (-1)	1,298 (-12%)	3mo	$66,999	$52	44

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

5-year hold

• IRR: 40.8%
• Equity multiple: 2.81×
• Total profit: $34,548
• Equity at exit: $10,139

10-year hold

• IRR: 48.3%
• Equity multiple: 6.29×
• Total profit: $100,640
• Equity at exit: $5,879

Cash invested: $19,040 (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.

Methodology + full state rankings →

ZIP-level market 48227

• Rents YoY: 5.6%
• Active inventory: 391
• Price-to-rent: 3.9×

Monthly cashflow live

• Estimated rent: $1,450 high
• Mortgage (P&I): −$357
• Tax from tax record: −$107 /mo · $1,281/yr
• Insurance: −$28
• HOA: −$0
• Vacancy / Maint / Mgmt: −$305
• Net cashflow: $654

Break-even live

Break-even rent $622

Max offer price $68,000

Occupancy floor 50%

Sensitivity live

Price	-10% $693	-5% $673	+0% $654	+5% $635	+10% $616
Rent	-10% $539	-5% $597	+0% $654	+5% $711	+10% $769
Rate	-1.0pp $688	-0.5pp $671	base $654	+0.5pp $636	+1.0pp $618

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: $17,000
• Closing costs: $2,040
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
14375 Terry St Detroit, MI	3.0	2.0	1300	$1,425	$1.10	45d	1	0.11mi
14814 Sussex St Unit 2 Detroit, MI	3.0	1.0	1100	$1,000	$0.91	45d	1	0.19mi
14600 Strathmoor St Detroit, MI	4.0	1.0	1300	$1,450	$1.12	45d	1	0.26mi
14893 Prest St Detroit, MI	3.0	1.0	1100	$1,000	$0.91	16d	1	0.36mi
14104 Coyle St Detroit, MI	3.0	1.0	1327	$1,350	$1.02	6d	1	0.37mi
14590 Ardmore St Detroit, MI	3.0	1.0	1200	$1,195	$1.00	4d	1	0.41mi
14284 Cruse St Detroit, MI	3.0	1.0	1121	$1,150	$1.03	18d	1	0.51mi
15328 Coyle St Detroit, MI	3.0	1.0	1000	$1,450	$1.45	19d	1	0.51mi
15330 Coyle St Unit 1 Detroit, MI	3.0	1.0	1000	$1,375	$1.38	25d	1	0.52mi
15330 Coyle St Unit 2 Detroit, MI	3.0	1.0	1000	$1,450	$1.45	25d	1	0.52mi
15330 Coyle St Unit 1 Detroit, MI	3.0	1.0	1000	$1,425	$1.43	13d	1	0.52mi
15341 Lauder St Detroit, MI	4.0	1.5	1080	$1,475	$1.37	18d	1	0.52mi
14903 Tracey St Detroit, MI	3.0	1.0	1004	$1,100	$1.10	18d	1	0.65mi
13331 Strathmoor St Detroit, MI	3.0	1.0	1084	$1,100	$1.01	18d	1	0.67mi
16014 Hackett St Detroit, MI	4.0	2.0	1142	$1,500	$1.31	45d	1	0.68mi
13279 Coyle St Detroit, MI	3.0	1.0	1444	$1,373	$0.95	45d	1	0.69mi
14504 Saint Marys St Detroit, MI	4.0	1.0	1362	$1,473	$1.08	45d	1	0.70mi
14891 Hartwell St Detroit, MI	3.0	1.0	1000	$1,150	$1.15	45d	1	0.75mi
15387 Lesure St Detroit, MI	3.0	1.0	1064	$1,350	$1.27	13d	1	0.79mi
15375 Prevost St Detroit, MI	4.0	1.0	907	$1,300	$1.43	18d	1	0.80mi
15810 Robson St Detroit, MI	3.0	1.0	1142	$1,500	$1.31	25d	1	0.85mi
15762 Mark Twain St Detroit, MI	3.0	2.0	1430	$1,250	$0.87	18d	1	0.86mi
15332 Saint Marys St Detroit, MI	3.0	1.0	1200	$1,200	$1.00	18d	1	0.87mi
14800 Woodmont Ave Detroit, MI	3.0	2.0	1612	$1,525	$0.95	16d	1	0.89mi
12754 Marlowe St Detroit, MI	3.0	2.0	1008	$1,400	$1.39	18d	1	0.89mi
12778 Strathmoor St Detroit, MI	3.0	1.0	1597	$1,150	$0.72	6d	1	0.89mi
15752 Rutherford St Detroit, MI	3.0	2.0	1174	$1,386	$1.18	6d	1	0.97mi
16151 Robson St Detroit, MI	3.0	1.0	1300	$1,525	$1.17	16d	1	1.02mi
15065 Gilchrist St Detroit, MI	3.0	1.0	1100	$1,250	$1.14	45d	1	1.09mi
15866 Mansfield St Detroit, MI	3.0	1.0	1324	$1,425	$1.08	25d	1	1.11mi
15736 Biltmore St Detroit, MI	3.0	1.5	1000	$1,200	$1.20	18d	1	1.18mi
12840 Grandmont Ave Detroit, MI	3.0	1.0	1100	$1,200	$1.09	45d	1	1.23mi
16505 Stansbury St Detroit, MI	3.0	1.0	1700	$1,345	$0.79	45d	1	1.25mi
16505 Stansbury St Detroit, MI	3.0	1.0	1100	$1,250	$1.14	12d	1	1.25mi
12711 Grandmont Ave Detroit, MI	3.0	1.0	1000	$1,400	$1.40	19d	1	1.32mi
12039 Lauder St Detroit, MI	3.0	1.5	1000	$1,500	$1.50	25d	1	1.35mi
16210 Ferguson St Detroit, MI	4.0	2.0	1493	$1,750	$1.17	4d	1	1.37mi
14881 Mendota St Detroit, MI	3.0	1.0	1026	$1,100	$1.07	25d	1	1.40mi
16535 Asbury Park Detroit, MI	3.0	1.5	1152	$1,450	$1.26	25d	1	1.40mi
16230 Cheyenne St Detroit, MI	3.0	1.0	1653	$1,450	$0.88	45d	1	1.42mi

Listing history 50 events

1. 2026-06-21
   days on market $68,000 Active 436 DOM
2. 2026-06-18
   days on market $68,000 Active 433 DOM
3. 2026-06-17
   price $68,000 Active 432 DOM
4. 2026-06-17
   days on market $75,000 Active 432 DOM
5. 2026-06-15
   days on market $75,000 Active 430 DOM
6. 2026-06-13
   days on market $75,000 Active 428 DOM
7. 2026-06-13
   days on market $75,000 Active 427 DOM
8. 2026-06-09
   days on market $75,000 Active 424 DOM
9. 2026-06-08
   days on market $75,000 Active 423 DOM
10. 2026-06-07
    days on market $75,000 Active 422 DOM
11. 2026-06-04
    days on market $75,000 Active 419 DOM
12. 2026-06-03
    days on market $75,000 Active 418 DOM
13. 2026-06-01
    days on market $75,000 Active 416 DOM
14. 2026-05-31
    days on market $75,000 Active 415 DOM
15. 2026-03-03
    price $81,000 856-char remark

    Show marketing remark (856 chars)

    INVESTOR FLIPPER SPECIAL – WESTSIDE MULTIFAMILY OPPORTUNITY! Attention investors and flippers! This Westside multifamily property is packed with potential and ready for your vision. Perfect for a value-add flip, rental portfolio addition, or house hack opportunity. The main home features a living room with fireplace and built-in shelving, dining room, kitchen, two bedrooms, and a full basement. The upper unit offers a separate rear entrance, one bedroom, full bathroom, and kitchenette - ideal for rental income. Situated on a large lot with a massive detached 2+ car garage, providing added value and flexibility. Property needs some work and is being sold AS-IS. Great upside potential for the right buyer. Located near schools, dining, and entertainment. Bring your contractor and your imagination - this is your next project!

16. 2026-03-03
    price $81,000 856-char remark

    Show marketing remark (856 chars)

    INVESTOR FLIPPER SPECIAL – WESTSIDE MULTIFAMILY OPPORTUNITY! Attention investors and flippers! This Westside multifamily property is packed with potential and ready for your vision. Perfect for a value-add flip, rental portfolio addition, or house hack opportunity. The main home features a living room with fireplace and built-in shelving, dining room, kitchen, two bedrooms, and a full basement. The upper unit offers a separate rear entrance, one bedroom, full bathroom, and kitchenette - ideal for rental income. Situated on a large lot with a massive detached 2+ car garage, providing added value and flexibility. Property needs some work and is being sold AS-IS. Great upside potential for the right buyer. Located near schools, dining, and entertainment. Bring your contractor and your imagination - this is your next project!

17. 2026-03-03
    price $81,000

    Show marketing remark (856 chars)

    INVESTOR FLIPPER SPECIAL – WESTSIDE MULTIFAMILY OPPORTUNITY! Attention investors and flippers! This Westside multifamily property is packed with potential and ready for your vision. Perfect for a value-add flip, rental portfolio addition, or house hack opportunity. The main home features a living room with fireplace and built-in shelving, dining room, kitchen, two bedrooms, and a full basement. The upper unit offers a separate rear entrance, one bedroom, full bathroom, and kitchenette - ideal for rental income. Situated on a large lot with a massive detached 2+ car garage, providing added value and flexibility. Property needs some work and is being sold AS-IS. Great upside potential for the right buyer. Located near schools, dining, and entertainment. Bring your contractor and your imagination - this is your next project!

18. 2026-03-03
    price $81,000

    Show marketing remark (856 chars)

    INVESTOR FLIPPER SPECIAL – WESTSIDE MULTIFAMILY OPPORTUNITY! Attention investors and flippers! This Westside multifamily property is packed with potential and ready for your vision. Perfect for a value-add flip, rental portfolio addition, or house hack opportunity. The main home features a living room with fireplace and built-in shelving, dining room, kitchen, two bedrooms, and a full basement. The upper unit offers a separate rear entrance, one bedroom, full bathroom, and kitchenette - ideal for rental income. Situated on a large lot with a massive detached 2+ car garage, providing added value and flexibility. Property needs some work and is being sold AS-IS. Great upside potential for the right buyer. Located near schools, dining, and entertainment. Bring your contractor and your imagination - this is your next project!

19. 2025-11-15
    price $86,000 856-char remark

    Show marketing remark (856 chars)

    INVESTOR FLIPPER SPECIAL – WESTSIDE MULTIFAMILY OPPORTUNITY! Attention investors and flippers! This Westside multifamily property is packed with potential and ready for your vision. Perfect for a value-add flip, rental portfolio addition, or house hack opportunity. The main home features a living room with fireplace and built-in shelving, dining room, kitchen, two bedrooms, and a full basement. The upper unit offers a separate rear entrance, one bedroom, full bathroom, and kitchenette - ideal for rental income. Situated on a large lot with a massive detached 2+ car garage, providing added value and flexibility. Property needs some work and is being sold AS-IS. Great upside potential for the right buyer. Located near schools, dining, and entertainment. Bring your contractor and your imagination - this is your next project!

20. 2025-11-14
    price $86,000

    Show marketing remark (856 chars)

    INVESTOR FLIPPER SPECIAL – WESTSIDE MULTIFAMILY OPPORTUNITY! Attention investors and flippers! This Westside multifamily property is packed with potential and ready for your vision. Perfect for a value-add flip, rental portfolio addition, or house hack opportunity. The main home features a living room with fireplace and built-in shelving, dining room, kitchen, two bedrooms, and a full basement. The upper unit offers a separate rear entrance, one bedroom, full bathroom, and kitchenette - ideal for rental income. Situated on a large lot with a massive detached 2+ car garage, providing added value and flexibility. Property needs some work and is being sold AS-IS. Great upside potential for the right buyer. Located near schools, dining, and entertainment. Bring your contractor and your imagination - this is your next project!

21. 2025-11-14
    price $86,000 856-char remark

    Show marketing remark (856 chars)

    INVESTOR FLIPPER SPECIAL – WESTSIDE MULTIFAMILY OPPORTUNITY! Attention investors and flippers! This Westside multifamily property is packed with potential and ready for your vision. Perfect for a value-add flip, rental portfolio addition, or house hack opportunity. The main home features a living room with fireplace and built-in shelving, dining room, kitchen, two bedrooms, and a full basement. The upper unit offers a separate rear entrance, one bedroom, full bathroom, and kitchenette - ideal for rental income. Situated on a large lot with a massive detached 2+ car garage, providing added value and flexibility. Property needs some work and is being sold AS-IS. Great upside potential for the right buyer. Located near schools, dining, and entertainment. Bring your contractor and your imagination - this is your next project!

22. 2025-11-13
    price $86,000
23. 2025-10-28
    price $90,000 856-char remark

    Show marketing remark (856 chars)

    INVESTOR FLIPPER SPECIAL – WESTSIDE MULTIFAMILY OPPORTUNITY! Attention investors and flippers! This Westside multifamily property is packed with potential and ready for your vision. Perfect for a value-add flip, rental portfolio addition, or house hack opportunity. The main home features a living room with fireplace and built-in shelving, dining room, kitchen, two bedrooms, and a full basement. The upper unit offers a separate rear entrance, one bedroom, full bathroom, and kitchenette - ideal for rental income. Situated on a large lot with a massive detached 2+ car garage, providing added value and flexibility. Property needs some work and is being sold AS-IS. Great upside potential for the right buyer. Located near schools, dining, and entertainment. Bring your contractor and your imagination - this is your next project!

24. 2025-10-28
    price $90,000

    Show marketing remark (856 chars)

    INVESTOR FLIPPER SPECIAL – WESTSIDE MULTIFAMILY OPPORTUNITY! Attention investors and flippers! This Westside multifamily property is packed with potential and ready for your vision. Perfect for a value-add flip, rental portfolio addition, or house hack opportunity. The main home features a living room with fireplace and built-in shelving, dining room, kitchen, two bedrooms, and a full basement. The upper unit offers a separate rear entrance, one bedroom, full bathroom, and kitchenette - ideal for rental income. Situated on a large lot with a massive detached 2+ car garage, providing added value and flexibility. Property needs some work and is being sold AS-IS. Great upside potential for the right buyer. Located near schools, dining, and entertainment. Bring your contractor and your imagination - this is your next project!

25. 2025-09-17
    listed $99,000 Active

    Show marketing remark (856 chars)

    INVESTOR FLIPPER SPECIAL – WESTSIDE MULTIFAMILY OPPORTUNITY! Attention investors and flippers! This Westside multifamily property is packed with potential and ready for your vision. Perfect for a value-add flip, rental portfolio addition, or house hack opportunity. The main home features a living room with fireplace and built-in shelving, dining room, kitchen, two bedrooms, and a full basement. The upper unit offers a separate rear entrance, one bedroom, full bathroom, and kitchenette - ideal for rental income. Situated on a large lot with a massive detached 2+ car garage, providing added value and flexibility. Property needs some work and is being sold AS-IS. Great upside potential for the right buyer. Located near schools, dining, and entertainment. Bring your contractor and your imagination - this is your next project!

26. 2025-09-17
    listed $99,000 Active 856-char remark

    Show marketing remark (856 chars)

    INVESTOR FLIPPER SPECIAL – WESTSIDE MULTIFAMILY OPPORTUNITY! Attention investors and flippers! This Westside multifamily property is packed with potential and ready for your vision. Perfect for a value-add flip, rental portfolio addition, or house hack opportunity. The main home features a living room with fireplace and built-in shelving, dining room, kitchen, two bedrooms, and a full basement. The upper unit offers a separate rear entrance, one bedroom, full bathroom, and kitchenette - ideal for rental income. Situated on a large lot with a massive detached 2+ car garage, providing added value and flexibility. Property needs some work and is being sold AS-IS. Great upside potential for the right buyer. Located near schools, dining, and entertainment. Bring your contractor and your imagination - this is your next project!

27. 2025-09-03
    price $99,000 856-char remark

    Show marketing remark (856 chars)

    INVESTOR FLIPPER SPECIAL – WESTSIDE MULTIFAMILY OPPORTUNITY! Attention investors and flippers! This Westside multifamily property is packed with potential and ready for your vision. Perfect for a value-add flip, rental portfolio addition, or house hack opportunity. The main home features a living room with fireplace and built-in shelving, dining room, kitchen, two bedrooms, and a full basement. The upper unit offers a separate rear entrance, one bedroom, full bathroom, and kitchenette - ideal for rental income. Situated on a large lot with a massive detached 2+ car garage, providing added value and flexibility. Property needs some work and is being sold AS-IS. Great upside potential for the right buyer. Located near schools, dining, and entertainment. Bring your contractor and your imagination - this is your next project!

28. 2025-09-02
    price $99,000
29. 2025-08-29
    status Active 856-char remark

    Show marketing remark (856 chars)

    INVESTOR FLIPPER SPECIAL – WESTSIDE MULTIFAMILY OPPORTUNITY! Attention investors and flippers! This Westside multifamily property is packed with potential and ready for your vision. Perfect for a value-add flip, rental portfolio addition, or house hack opportunity. The main home features a living room with fireplace and built-in shelving, dining room, kitchen, two bedrooms, and a full basement. The upper unit offers a separate rear entrance, one bedroom, full bathroom, and kitchenette - ideal for rental income. Situated on a large lot with a massive detached 2+ car garage, providing added value and flexibility. Property needs some work and is being sold AS-IS. Great upside potential for the right buyer. Located near schools, dining, and entertainment. Bring your contractor and your imagination - this is your next project!

30. 2025-08-29
    status Active

    Show marketing remark (856 chars)

    INVESTOR FLIPPER SPECIAL – WESTSIDE MULTIFAMILY OPPORTUNITY! Attention investors and flippers! This Westside multifamily property is packed with potential and ready for your vision. Perfect for a value-add flip, rental portfolio addition, or house hack opportunity. The main home features a living room with fireplace and built-in shelving, dining room, kitchen, two bedrooms, and a full basement. The upper unit offers a separate rear entrance, one bedroom, full bathroom, and kitchenette - ideal for rental income. Situated on a large lot with a massive detached 2+ car garage, providing added value and flexibility. Property needs some work and is being sold AS-IS. Great upside potential for the right buyer. Located near schools, dining, and entertainment. Bring your contractor and your imagination - this is your next project!

31. 2025-06-11
    status Pending 856-char remark

    Show marketing remark (856 chars)

    INVESTOR FLIPPER SPECIAL – WESTSIDE MULTIFAMILY OPPORTUNITY! Attention investors and flippers! This Westside multifamily property is packed with potential and ready for your vision. Perfect for a value-add flip, rental portfolio addition, or house hack opportunity. The main home features a living room with fireplace and built-in shelving, dining room, kitchen, two bedrooms, and a full basement. The upper unit offers a separate rear entrance, one bedroom, full bathroom, and kitchenette - ideal for rental income. Situated on a large lot with a massive detached 2+ car garage, providing added value and flexibility. Property needs some work and is being sold AS-IS. Great upside potential for the right buyer. Located near schools, dining, and entertainment. Bring your contractor and your imagination - this is your next project!

32. 2025-06-11
    status Pending

    Show marketing remark (856 chars)

    INVESTOR FLIPPER SPECIAL – WESTSIDE MULTIFAMILY OPPORTUNITY! Attention investors and flippers! This Westside multifamily property is packed with potential and ready for your vision. Perfect for a value-add flip, rental portfolio addition, or house hack opportunity. The main home features a living room with fireplace and built-in shelving, dining room, kitchen, two bedrooms, and a full basement. The upper unit offers a separate rear entrance, one bedroom, full bathroom, and kitchenette - ideal for rental income. Situated on a large lot with a massive detached 2+ car garage, providing added value and flexibility. Property needs some work and is being sold AS-IS. Great upside potential for the right buyer. Located near schools, dining, and entertainment. Bring your contractor and your imagination - this is your next project!

33. 2025-04-17
    status Active
34. 2025-04-17
    historical
35. 2025-04-11
    price $100,000 856-char remark

    Show marketing remark (856 chars)

    INVESTOR FLIPPER SPECIAL – WESTSIDE MULTIFAMILY OPPORTUNITY! Attention investors and flippers! This Westside multifamily property is packed with potential and ready for your vision. Perfect for a value-add flip, rental portfolio addition, or house hack opportunity. The main home features a living room with fireplace and built-in shelving, dining room, kitchen, two bedrooms, and a full basement. The upper unit offers a separate rear entrance, one bedroom, full bathroom, and kitchenette - ideal for rental income. Situated on a large lot with a massive detached 2+ car garage, providing added value and flexibility. Property needs some work and is being sold AS-IS. Great upside potential for the right buyer. Located near schools, dining, and entertainment. Bring your contractor and your imagination - this is your next project!

36. 2025-04-11
    price $100,000

    Show marketing remark (856 chars)

    INVESTOR FLIPPER SPECIAL – WESTSIDE MULTIFAMILY OPPORTUNITY! Attention investors and flippers! This Westside multifamily property is packed with potential and ready for your vision. Perfect for a value-add flip, rental portfolio addition, or house hack opportunity. The main home features a living room with fireplace and built-in shelving, dining room, kitchen, two bedrooms, and a full basement. The upper unit offers a separate rear entrance, one bedroom, full bathroom, and kitchenette - ideal for rental income. Situated on a large lot with a massive detached 2+ car garage, providing added value and flexibility. Property needs some work and is being sold AS-IS. Great upside potential for the right buyer. Located near schools, dining, and entertainment. Bring your contractor and your imagination - this is your next project!

37. 2025-01-22
    listed $110,000 Active 856-char remark

    Show marketing remark (856 chars)

    INVESTOR FLIPPER SPECIAL – WESTSIDE MULTIFAMILY OPPORTUNITY! Attention investors and flippers! This Westside multifamily property is packed with potential and ready for your vision. Perfect for a value-add flip, rental portfolio addition, or house hack opportunity. The main home features a living room with fireplace and built-in shelving, dining room, kitchen, two bedrooms, and a full basement. The upper unit offers a separate rear entrance, one bedroom, full bathroom, and kitchenette - ideal for rental income. Situated on a large lot with a massive detached 2+ car garage, providing added value and flexibility. Property needs some work and is being sold AS-IS. Great upside potential for the right buyer. Located near schools, dining, and entertainment. Bring your contractor and your imagination - this is your next project!

38. 2024-12-20
    listed $110,000 Active
39. 2024-09-30
    historical
40. 2024-09-30
    historical
41. 2024-09-30
    historical
42. 2024-09-30
    historical
43. 2024-07-04
    historical $1,100
44. 2024-05-15
    price $110,000
45. 2024-05-15
    price $110,000
46. 2024-05-15
    price $110,000
47. 2024-05-15
    price $110,000
48. 2024-05-03
    listed $115,000 Active
49. 2024-05-03
    listed $115,000 Active
50. 2024-05-02
    price $115,000

ⓘ 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: $1,281 · $107/mo
• Projected year-2 tax: $1,281 · $107/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 ≥98°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

Taxation est. · year 1

• Rental income: $17,402
• − Mortgage interest: −$3,809
• − Property taxes: −$1,281
• − Insurance: −$340
• − Repairs & maintenance: −$1,392
• − Management: −$1,392
• − Depreciation: −$1,978
• Taxable income: $7,210
• Est. tax owed @ 24.0%: −$1,730
• After-tax cash flow: $6,118/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): 40,302
• Household income: $36,527
• Rent vs Own: 40.9% rent · 59.1% 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

+30.6% since first listed

60 events — show timeline

• 2026-03-03 Price Changed $81,000 MiRealSource-MiMLS
• 2026-03-03 Price Changed $81,000 MiRealSource-MiMLS
• 2026-03-03 Price Changed $81,000 REALCOMP
• 2026-03-03 Price Changed $81,000 REALCOMP
• 2025-11-15 Price Changed $86,000 MiRealSource-MiMLS
• 2025-11-14 Price Changed $86,000 REALCOMP
• 2025-11-14 Price Changed $86,000 MiRealSource-MiMLS
• 2025-11-13 Price Changed $86,000 REALCOMP
• 2025-10-28 Price Changed $90,000 MiRealSource-MiMLS
• 2025-10-28 Price Changed $90,000 REALCOMP
• 2025-09-17 Listed $99,000 REALCOMP
• 2025-09-17 Listed $99,000 MiRealSource-MiMLS
• 2025-09-03 Price Changed $99,000 MiRealSource-MiMLS
• 2025-09-02 Price Changed $99,000 REALCOMP
• 2025-08-29 Relisted — MiRealSource-MiMLS
• 2025-08-29 Relisted — REALCOMP
• 2025-06-11 Pending — MiRealSource-MiMLS
• 2025-06-11 Pending — REALCOMP
• 2025-04-17 Relisted — REALCOMP
• 2025-04-17 Listing Removed — REALCOMP
• 2025-04-11 Price Changed $100,000 MiRealSource-MiMLS
• 2025-04-11 Price Changed $100,000 REALCOMP
• 2025-01-22 Listed $110,000 MiRealSource-MiMLS
• 2024-12-20 Listed $110,000 REALCOMP
• 2024-09-30 Listing Removed — MiRealSource-MiMLS
• 2024-09-30 Listing Removed — MiRealSource-MiMLS
• 2024-09-30 Listing Removed — REALCOMP
• 2024-09-30 Listing Removed — REALCOMP
• 2024-07-04 Rental Removed $1,100 APPFOLIO
• 2024-05-15 Price Changed $110,000 MiRealSource-MiMLS
• 2024-05-15 Price Changed $110,000 MiRealSource-MiMLS
• 2024-05-15 Price Changed $110,000 REALCOMP
• 2024-05-15 Price Changed $110,000 REALCOMP
• 2024-05-03 Listed $115,000 MiRealSource-MiMLS
• 2024-05-03 Listed $115,000 REALCOMP
• 2024-05-02 Price Changed $115,000 MiRealSource-MiMLS
• 2024-05-02 Price Changed $115,000 REALCOMP
• 2024-04-28 Listed for Rent $1,100 APPFOLIO
• 2024-04-18 Rental Removed $1,100 APPFOLIO
• 2024-04-12 Listed for Rent $1,100 APPFOLIO
• 2024-04-10 Rental Removed $1,100 APPFOLIO
• 2024-04-10 Listed $120,000 MiRealSource-MiMLS
• 2024-04-10 Listed $120,000 REALCOMP
• 2024-03-28 Listed for Rent $1,100 APPFOLIO
• 2024-03-14 Rental Removed $675 APPFOLIO
• 2024-03-10 Rental Removed $675 APPFOLIO
• 2024-02-15 Listed for Rent $675 APPFOLIO
• 2024-02-11 Rental Removed $675 APPFOLIO
• 2024-02-01 Listed for Rent $675 APPFOLIO
• 2024-01-26 Price Changed $575 APPFOLIO
• 2024-01-18 Listed for Rent $650 APPFOLIO
• 2020-06-16 Sold (Public Records) $78,000 Public Records
• 2020-06-10 Sold (Public Records) $35,000 Public Records
• 2011-05-12 Listing Removed — MiRealSource-MiMLS
• 2011-01-06 Listed $600 MiRealSource-MiMLS
• 2005-10-06 Listing Removed — REALCOMP
• 2005-06-06 Listed $36,500 REALCOMP
• 2001-03-19 Sold (Public Records) $52,000 Public Records
• 2000-09-03 Sold (MLS) $52,000 REALCOMP
• 2000-07-10 Listed $62,000 REALCOMP

Property tax history

-1.9%/yr

Latest (2025): $1,281 · -54.0% YoY. Source: county tax records.