12152 Rutherford St · Detroit, MI 48227

$79,999

3 bd · 1.0 ba · 920 sqft · SingleFamily public records · 28 Days on market

Built 1953 5,227 sqft lot Est $65k · 22% 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
• Condition / age +2.5/5.0
• Schools +1.3/10.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

TURNKEY SECTION 8 INVESTMENT OPPORTUNITY! Welcome to 12152 Rutherford St, a cash-flowing rental property currently collecting $1,100 per month with a reliable long-term Section 8 tenant who loves the home and would like to stay. Tenant Pays All Utilities, creating a low-maintenance investments with immediate income from day one. Property is currently rented below market value, offering future upside and potential for increased rents. Strong rental demand and dependable cash flow make this a great addition to any investor's portfolio. Photos shown were taken prior to tenant occupancy.

Key facts

• 5,227 sq ft lot
• Built 1953
• Listed 27 days

Property features AI

Exterior

• Parking: No garage
• Utilities: Public water; Public sewer
• Home design: Single-family residence; One and one-half stories; Entry at ground level with steps; Brick exterior
• Construction: Block foundation
• Exterior features: Porch; Paved road access; Lot approximately 0.12 acre (47.5 x 112.01)

Interior

• Bedrooms: 5 total rooms (includes bedrooms and living spaces)
• Bathrooms: 2 full bathrooms
• Heating & cooling: Forced air heating (natural gas); No cooling
• Interior features: Unfurnished; Gas water heater; Unfinished basement

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $80k.

Deal economics

• At list price, monthly cash flow is $495 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $80k).
• Recommended offer: $79k (1.5% below list) — sets the bar for market timing.
• Cap rate 13.7% vs local median 10.2% in Detroit — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 73/100 on livability (#218 in MI) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, cost of living A+; Watch: schools F, crime F, employment F.
• Detroit Public Schools Community District (urban): math 10% / reading 24% proficiency, ranked #499 of 540 in MI (top 92%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 90% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+5.6%/yr); 385 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d 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).
• This rent runs 45% of the median local income ($37k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $553 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 $22k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 28 days — a 2% lower offer ($79k) is reasonable based on typical stale-listing flexibility.
• 21 sale attempts since 13y ago; this cycle's ask has dropped $5k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1953 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: moderate flood risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $78,799 (1.5% below list)

Questions for the listing agent

1. Built in 1953 — 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 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?
4. 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?
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: 1.71% ✓
• Cap rate: 13.72%
• Cash-on-cash: 26.53%
• DSCR: 2.18
• GRM: 4.9

CMA / ARV

• ARV (on-the-fly): $65,320
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
12124 Asbury Park	0.25mi	3/1.5	919 (-0%)	2mo	$130,000	$141	84
12057 Forrer St	0.10mi	3/1.0	1,000 (+9%)	1mo	$45,000	$45	80
12203 Grandmont Ave	0.40mi	3/1.5	861 (-6%)	1mo	$95,000	$110	68
11360 Prest St	0.50mi	3/1.0	842 (-8%)	3mo	$55,000	$65	60
12660 Grandmont Ave	0.47mi	3/1.0	1,019 (+11%)	1mo	$85,000	$83	59
12690 Asbury Park	0.39mi	3/2.0	826 (-10%)	2mo	$85,000	$103	59
12656 Mettetal St	0.33mi	2/1.0 (-1)	803 (-13%)	2mo	$72,872	$91	57
9580 Mansfield St	0.71mi	2/1.0 (-1)	890 (-3%)	0mo	$23,000	$26	56
12699 Woodmont Ave	0.46mi	3/1.0	1,054 (+15%)	1mo	$64,000	$61	53
9555 Montrose St	0.74mi	3/1.0	999 (+9%)	3mo	$45,000	$45	49
13620 Saint Marys St	0.68mi	3/2.0	1,020 (+11%)	2mo	$72,000	$71	45
13209 Terry St	0.74mi	3/1.5	1,044 (+14%)	2mo	$54,500	$52	39

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: 23.4%
• Equity multiple: 1.99×
• Total profit: $22,264
• Equity at exit: $11,928

10-year hold

• IRR: 33.0%
• Equity multiple: 4.39×
• Total profit: $75,946
• Equity at exit: $6,917

Cash invested: $22,400 (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: 385
• Price-to-rent: 4.9×

Monthly cashflow live

• Estimated rent: $1,365 high
• Mortgage (P&I): −$420
• Tax from tax record: −$130 /mo · $1,560/yr
• Insurance: −$33
• HOA: −$0
• Vacancy / Maint / Mgmt: −$287
• Net cashflow: $495

Break-even live

Break-even rent $738

Max offer price $79,999

Occupancy floor 59%

Sensitivity live

Price	-10% $541	-5% $518	+0% $495	+5% $473	+10% $450
Rent	-10% $387	-5% $441	+0% $495	+5% $549	+10% $603
Rate	-1.0pp $536	-0.5pp $516	base $495	+0.5pp $474	+1.0pp $453

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: $20,000
• Closing costs: $2,400
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
12121 Montrose St Detroit, MI	3.0	1.0	874	$1,373	$1.57	22d	1	0.09mi
11393 Prest St Detroit, MI	3.0	1.0	900	$1,550	$1.72	17d	1	0.46mi
11345 Greenfield Rd Detroit, MI	2.0	1.0	700	$1,050	$1.50	13d	1	0.47mi
11634 Sussex St Detroit, MI	3.0	1.0	1091	$1,326	$1.22	25d	1	0.48mi
11397 Whitcomb St Detroit, MI	3.0	1.0	1070	$1,400	$1.31	17d	1	0.49mi
12711 Grandmont Ave Detroit, MI	3.0	1.0	1000	$1,400	$1.40	18d	1	0.52mi
12840 Grandmont Ave Detroit, MI	3.0	1.0	1100	$1,200	$1.09	44d	1	0.57mi
9973 Winthrop St Detroit, MI	3.0	1.0	960	$1,400	$1.46	44d	1	0.58mi
9936 Montrose St Detroit, MI	3.0	1.0	963	$1,200	$1.25	17d	1	0.60mi
12039 Lauder St Detroit, MI	3.0	1.5	1000	$1,500	$1.50	25d	1	0.61mi
10015 Robson St Detroit, MI	3.0	2.0	1000	$1,400	$1.40	18d	1	0.71mi
9917 Sussex St Detroit, MI	2.0	1.0	800	$1,375	$1.72	44d	1	0.72mi
12754 Marlowe St Detroit, MI	3.0	2.0	1008	$1,400	$1.39	17d	1	0.76mi
9546 Sussex St Detroit, MI	3.0	1.0	1000	$1,400	$1.40	44d	1	0.85mi
9345 Rutherford St Unit 3 Detroit, MI	2.0	1.0	850	$1,050	$1.24	25d	1	0.89mi
13331 Strathmoor St Detroit, MI	3.0	1.0	1084	$1,100	$1.01	17d	1	0.96mi
9222 Forrer St Detroit, MI	3.0	1.0	947	$1,450	$1.53	17d	1	0.96mi
11741 Penrod St Detroit, MI	3.0	1.0	1124	$1,400	$1.25	17d	1	0.98mi
9386 Coyle St Detroit, MI	3.0	1.0	1000	$1,300	$1.30	2d	1	0.98mi
9590 Marlowe St Detroit, MI	2.0	1.0	877	$1,430	$1.63	44d	1	0.98mi
13600 Southfield Fwy Detroit, MI	2.0	1.0	848	$1,100	$1.30	5d	1	0.99mi
14740 W Chicago Unit B Detroit, MI	2.0	1.0	900	$845	$0.94	44d	1	1.01mi
12944 Rosemont Ave Detroit, MI	2.0	1.0	800	$1,050	$1.31	5d	1	1.02mi
11704 Greenview Ave Detroit, MI	4.0	1.0	1046	$1,300	$1.24	25d	1	1.08mi
12941 Penrod St Detroit, MI	2.0	1.0	1000	$1,275	$1.27	44d	1	1.09mi
14264 Coyle St Detroit, MI	2.0	1.0	1000	$1,150	$1.15	44d	1	1.11mi
12875 Faust Ave Detroit, MI	2.0	1.0	735	$1,200	$1.63	5d	1	1.13mi
13591 Faust Ave Detroit, MI	2.0	1.0	1000	$1,275	$1.27	44d	1	1.21mi
12950 Glastonbury Ave Detroit, MI	3.0	1.0	1000	$1,400	$1.40	25d	1	1.24mi
14535 Mettetal St Unit 1 Detroit, MI	2.0	1.0	965	$1,000	$1.04	44d	1	1.25mi
13717 Keal St Detroit, MI	2.0	1.0	799	$1,000	$1.25	44d	1	1.26mi
9108 Archdale St Detroit, MI	3.0	1.0	1000	$1,300	$1.30	5d	1	1.28mi
18450 W Chicago Detroit, MI	1.0–2.0	1.0	687	$1,117	$1.62	2d	15	1.28mi
13514 Stahelin Ave Detroit, MI	3.0	1.0	1000	$1,400	$1.40	18d	1	1.31mi
14836 Rutherford St Unit 2 Detroit, MI	2.0	1.0	1104	$950	$0.86	44d	1	1.39mi
14753 Saint Marys St Detroit, MI	2.0	1.0	900	$1,150	$1.28	13d	1	1.39mi
14753 Saint Marys St Detroit, MI	2.0	1.0	900	$1,150	$1.28	5d	1	1.39mi
8604 Whitcomb St Detroit, MI	3.0	2.0	1033	$1,300	$1.26	44d	1	1.41mi
19050 W Davison St Detroit, MI	3.0	1.0	1118	$1,400	$1.25	44d	1	1.43mi
14814 Sussex St Unit 2 Detroit, MI	3.0	1.0	1100	$1,000	$0.91	44d	1	1.44mi

Listing history 50 events

1. 2026-06-18
   days on market $79,999 Active 28 DOM
2. 2026-06-17
   days on market $79,999 Active 27 DOM
3. 2026-06-15
   days on market $79,999 Active 25 DOM
4. 2026-06-13
   days on market $79,999 Active 23 DOM
5. 2026-06-13
   days on market $79,999 Active 22 DOM
6. 2026-06-09
   days on market $79,999 Active 19 DOM
7. 2026-06-08
   days on market $79,999 Active 18 DOM
8. 2026-06-07
   days on market $79,999 Active 17 DOM
9. 2026-06-04
   days on market $79,999 Active 14 DOM
10. 2026-06-03
    days on market $79,999 Active 13 DOM
11. 2026-06-02
    days on market $79,999 Active 12 DOM
12. 2026-06-01
    days on market $79,999 Active 11 DOM
13. 2026-05-31
    days on market $79,999 Active 10 DOM
14. 2026-05-22
    listed $85,000 Active 590-char remark

    Show marketing remark (590 chars)

    TURNKEY SECTION 8 INVESTMENT OPPORTUNITY! Welcome to 12152 Rutherford St, a cash-flowing rental property currently collecting $1,100 per month with a reliable long-term Section 8 tenant who loves the home and would like to stay. Tenant Pays All Utilities, creating a low-maintenance investments with immediate income from day one. Property is currently rented below market value, offering future upside and potential for increased rents. Strong rental demand and dependable cash flow make this a great addition to any investor's portfolio. Photos shown were taken prior to tenant occupancy.

15. 2026-05-22
    listed $85,000 Active

    Show marketing remark (590 chars)

    TURNKEY SECTION 8 INVESTMENT OPPORTUNITY! Welcome to 12152 Rutherford St, a cash-flowing rental property currently collecting $1,100 per month with a reliable long-term Section 8 tenant who loves the home and would like to stay. Tenant Pays All Utilities, creating a low-maintenance investments with immediate income from day one. Property is currently rented below market value, offering future upside and potential for increased rents. Strong rental demand and dependable cash flow make this a great addition to any investor's portfolio. Photos shown were taken prior to tenant occupancy.

16. 2026-05-20
    historical $85,000 590-char remark

    Show marketing remark (590 chars)

    TURNKEY SECTION 8 INVESTMENT OPPORTUNITY! Welcome to 12152 Rutherford St, a cash-flowing rental property currently collecting $1,100 per month with a reliable long-term Section 8 tenant who loves the home and would like to stay. Tenant Pays All Utilities, creating a low-maintenance investments with immediate income from day one. Property is currently rented below market value, offering future upside and potential for increased rents. Strong rental demand and dependable cash flow make this a great addition to any investor's portfolio. Photos shown were taken prior to tenant occupancy.

17. 2025-06-09
    soldstatus $71,429
18. 2025-05-30
    soldstatus $71,429 Sold 205-char remark

    Show marketing remark (205 chars)

    INVESTMENT OPPORTUNITY: brick home in attractive neighborhood. Home is currently rented at $1,100.00. Please, do not disturb tenant. Showings and inspections will be scheduled only upon accepted offer.

19. 2025-05-30
    soldstatus $71,429 Closed

    Show marketing remark (205 chars)

    INVESTMENT OPPORTUNITY: brick home in attractive neighborhood. Home is currently rented at $1,100.00. Please, do not disturb tenant. Showings and inspections will be scheduled only upon accepted offer.

20. 2025-05-30
    soldstatus $71,429 Closed

    Show marketing remark (205 chars)

    INVESTMENT OPPORTUNITY: brick home in attractive neighborhood. Home is currently rented at $1,100.00. Please, do not disturb tenant. Showings and inspections will be scheduled only upon accepted offer.

21. 2025-05-05
    status Pending

    Show marketing remark (205 chars)

    INVESTMENT OPPORTUNITY: brick home in attractive neighborhood. Home is currently rented at $1,100.00. Please, do not disturb tenant. Showings and inspections will be scheduled only upon accepted offer.

22. 2025-05-05
    status Pending

    Show marketing remark (205 chars)

    INVESTMENT OPPORTUNITY: brick home in attractive neighborhood. Home is currently rented at $1,100.00. Please, do not disturb tenant. Showings and inspections will be scheduled only upon accepted offer.

23. 2025-05-05
    status Pending 205-char remark

    Show marketing remark (205 chars)

    INVESTMENT OPPORTUNITY: brick home in attractive neighborhood. Home is currently rented at $1,100.00. Please, do not disturb tenant. Showings and inspections will be scheduled only upon accepted offer.

24. 2025-04-25
    price $85,000
25. 2025-04-24
    price $85,000

    Show marketing remark (205 chars)

    INVESTMENT OPPORTUNITY: brick home in attractive neighborhood. Home is currently rented at $1,100.00. Please, do not disturb tenant. Showings and inspections will be scheduled only upon accepted offer.

26. 2025-04-24
    price $85,000 205-char remark

    Show marketing remark (205 chars)

    INVESTMENT OPPORTUNITY: brick home in attractive neighborhood. Home is currently rented at $1,100.00. Please, do not disturb tenant. Showings and inspections will be scheduled only upon accepted offer.

27. 2025-04-15
    price $83,000

    Show marketing remark (205 chars)

    INVESTMENT OPPORTUNITY: brick home in attractive neighborhood. Home is currently rented at $1,100.00. Please, do not disturb tenant. Showings and inspections will be scheduled only upon accepted offer.

28. 2025-04-15
    price $83,000

    Show marketing remark (205 chars)

    INVESTMENT OPPORTUNITY: brick home in attractive neighborhood. Home is currently rented at $1,100.00. Please, do not disturb tenant. Showings and inspections will be scheduled only upon accepted offer.

29. 2025-04-15
    price $83,000 205-char remark

    Show marketing remark (205 chars)

    INVESTMENT OPPORTUNITY: brick home in attractive neighborhood. Home is currently rented at $1,100.00. Please, do not disturb tenant. Showings and inspections will be scheduled only upon accepted offer.

30. 2025-03-17
    listed $75,000 Active
31. 2025-03-16
    listed $75,000 Active 205-char remark

    Show marketing remark (205 chars)

    INVESTMENT OPPORTUNITY: brick home in attractive neighborhood. Home is currently rented at $1,100.00. Please, do not disturb tenant. Showings and inspections will be scheduled only upon accepted offer.

32. 2025-03-16
    listed $75,000 Active

    Show marketing remark (205 chars)

    INVESTMENT OPPORTUNITY: brick home in attractive neighborhood. Home is currently rented at $1,100.00. Please, do not disturb tenant. Showings and inspections will be scheduled only upon accepted offer.

33. 2024-12-26
    historical
34. 2024-12-26
    historical
35. 2024-10-31
    price $92,000
36. 2024-10-30
    price $92,000
37. 2024-09-27
    listed $100,000 Active
38. 2024-09-27
    listed $100,000 Active
39. 2022-07-06
    soldstatus $70,000
40. 2022-05-20
    soldstatus $34,777 Sold
41. 2022-05-20
    soldstatus $34,777 Closed
42. 2022-04-12
    historical
43. 2022-02-12
    status Pending
44. 2022-02-12
    status Pending
45. 2022-02-03
    price $39,900
46. 2022-02-03
    price $39,900
47. 2021-12-30
    status Active
48. 2021-12-30
    status Active
49. 2021-12-13
    status Pending
50. 2021-12-13
    status Pending

ⓘ 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: $1,560 · $130/mo
• Projected year-2 tax: $1,560 · $130/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) · 66% 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: $16,376
• − Mortgage interest: −$4,481
• − Property taxes: −$1,560
• − Insurance: −$400
• − Repairs & maintenance: −$1,310
• − Management: −$1,310
• − Depreciation: −$2,327
• Taxable income: $4,987
• Est. tax owed @ 24.0%: −$1,197
• After-tax cash flow: $4,746/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

+101.4% since first listed

68 events — show timeline

• 2026-05-22 Listed $85,000 MiRealSource-MiMLS
• 2026-05-22 Listed $85,000 REALCOMP
• 2026-05-20 Coming Soon $85,000 MiRealSource-MiMLS
• 2025-06-09 Sold (Public Records) $71,429 Public Records
• 2025-05-30 Sold (MLS) $71,429 MiRealSource-MiMLS
• 2025-05-30 Sold (MLS) $71,429 REALCOMP
• 2025-05-30 Sold (MLS) $71,429 SW Michigan MLS
• 2025-05-05 Pending — MiRealSource-MiMLS
• 2025-05-05 Pending — REALCOMP
• 2025-05-05 Pending — SW Michigan MLS
• 2025-04-25 Price Changed $85,000 MiRealSource-MiMLS
• 2025-04-24 Price Changed $85,000 REALCOMP
• 2025-04-24 Price Changed $85,000 SW Michigan MLS
• 2025-04-15 Price Changed $83,000 MiRealSource-MiMLS
• 2025-04-15 Price Changed $83,000 REALCOMP
• 2025-04-15 Price Changed $83,000 SW Michigan MLS
• 2025-03-17 Listed $75,000 REALCOMP
• 2025-03-16 Listed $75,000 MiRealSource-MiMLS
• 2025-03-16 Listed $75,000 SW Michigan MLS
• 2024-12-26 Listing Removed — MiRealSource-MiMLS
• 2024-12-26 Listing Removed — REALCOMP
• 2024-10-31 Price Changed $92,000 MiRealSource-MiMLS
• 2024-10-30 Price Changed $92,000 REALCOMP
• 2024-09-27 Listed $100,000 REALCOMP
• 2024-09-27 Listed $100,000 MiRealSource-MiMLS
• 2022-07-06 Sold (Public Records) $70,000 Public Records
• 2022-05-20 Sold (MLS) $34,777 MiRealSource-MiMLS
• 2022-05-20 Sold (MLS) $34,777 REALCOMP
• 2022-04-12 Listing Removed — REALCOMP
• 2022-02-12 Pending — MiRealSource-MiMLS
• 2022-02-12 Pending — REALCOMP
• 2022-02-03 Price Changed $39,900 MiRealSource-MiMLS
• 2022-02-03 Price Changed $39,900 REALCOMP
• 2021-12-30 Relisted — MiRealSource-MiMLS
• 2021-12-30 Relisted — REALCOMP
• 2021-12-13 Pending — MiRealSource-MiMLS
• 2021-12-13 Pending — REALCOMP
• 2021-12-07 Price Changed $45,000 MiRealSource-MiMLS
• 2021-12-06 Price Changed $45,000 REALCOMP
• 2021-12-03 Price Changed $49,000 REALCOMP
• 2021-12-01 Listed $49,000 MiRealSource-MiMLS
• 2021-12-01 Listed $45,000 REALCOMP
• 2018-11-26 Sold (MLS) $12,000 MiRealSource-MiMLS
• 2018-11-26 Sold (MLS) $12,000 REALCOMP
• 2018-10-24 Pending — MiRealSource-MiMLS
• 2018-10-24 Pending — REALCOMP
• 2018-10-19 Relisted — MiRealSource-MiMLS
• 2018-10-18 Relisted — REALCOMP
• 2018-10-15 Pending — MiRealSource-MiMLS
• 2018-10-15 Pending — REALCOMP
• 2018-10-06 Price Changed $6,900 MiRealSource-MiMLS
• 2018-10-05 Relisted — MiRealSource-MiMLS
• 2018-10-05 Price Changed $6,900 REALCOMP
• 2018-10-05 Relisted — REALCOMP
• 2018-08-24 Pending — MiRealSource-MiMLS
• 2018-08-24 Pending — REALCOMP
• 2018-08-16 Relisted — MiRealSource-MiMLS
• 2018-08-16 Relisted — REALCOMP
• 2018-07-06 Pending — MiRealSource-MiMLS
• 2018-07-05 Pending — REALCOMP
• 2018-06-29 Listed $8,900 MiRealSource-MiMLS
• 2018-06-29 Listed $8,900 REALCOMP
• 2013-06-20 Listing Removed — REALCOMP
• 2013-06-20 Listing Removed — MiRealSource-MiMLS
• 2013-04-04 Listed $8,000 REALCOMP
• 2013-04-04 Listed $8,000 MiRealSource-MiMLS
• 2002-06-18 Sold (Public Records) $77,900 Public Records
• 1999-12-21 Sold (Public Records) $42,207 Public Records

Property tax history

+0.4%/yr

Latest (2025): $1,560 · -9.5% YoY. Source: county tax records.