The median home value in Detroit, MI is $81,500.
This is
lower than
the county median home value of $150,000.
The national median home value is $308,980.
The average price of homes sold in Detroit, MI is $81,500.
Approximately 39% of Detroit homes are owned,
compared to 37% rented, while
24% are vacant.
Detroit real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Detroit real estate agent to arrange a tour today!
Learn more about Detroit.
Great investment opportunity! Wonderful duplex available! This home consists of one bedroom and one bathroom on the lower unit and two bedrooms with one bathroom on the upper unit. Home will be delivered vacant at close. Home is in need of some work. Home is being sold in its 'as is' condition. Great cash flow opportunity for all investors with a great cap rate!
WELCOME BUYERS! THIS BEAUTIFUL BRICK AND STONE MOVE-IN READY COLONIAL HOME IS JUST WHAT YOU'VE BEEN LOOKING FOR. THE HOME FEATURES 3 BEDR, 1 FULL BATH, TOILET FACILITY IN BASEMENT, CROWN MOLDING, CARVED ARCHWAYS, (2) NATURAL FIREPLACES, HARDWOOD FLRS, UPDATED EAT-IN KITCHEN WITH WOOD CABINETS, LIGHTED GLASS CABINET, SOFT CLOSE DRAWERS, GRANITE, BUILT-IN HUTCH AND STAINLESS STEEL APPLIANCES, REAR DECK, UPPER REAR PORCH, CA, LANDSCAPED YARD AND 2 CAR GARAGE. THE REAR 15X13 DEN IS AN ADDED SURPRISE MOST LIKELY NOT INCLUDED IN THE PRD SQUARE FOOTAGE.
WELCOME BUYERS! THIS BEAUTIFUL BRICK AND STONE MOVE-IN READY COLONIAL HOME IS JUST WHAT YOU'VE BEEN LOOKING FOR. THE HOME FEATURES 3 BEDR, 1 FULL BATH, TOILET FACILITY IN BASEMENT, CROWN MOLDING, CARVED ARCHWAYS, (2) NATURAL FIREPLACES, HARDWOOD FLRS, UPDATED EAT-IN KITCHEN WITH WOOD CABINETS, LIGHTED GLASS CABINET, SOFT CLOSE DRAWERS, GRANITE, BUILT-IN HUTCH AND STAINLESS STEEL APPLIANCES, REAR DECK, UPPER REAR PORCH, CA, LANDSCAPED YARD AND 2 CAR GARAGE. THE REAR 15X13 DEN IS AN ADDED SURPRISE MOST LIKELY NOT INCLUDED IN THE PRD SQUARE FOOTAGE.
First time homeowner or looking for an immediate profit generating investment? You found the house! Rehab completed with nothing left behind! With updated plumbing and plenty of new windows, this home offers not just comfort but also practicality and energy savings. let's not forget about the bonus room on the second floor that can serve as a spare bedroom, a quiet study, or a comfortable spot to unwind! You will also have the opportunity to expand your outdoor living space! Adjacent to this charming property is an available lot... perfect for creating your dream garden, setting up a play area for the kids, or even host all the family and friends!
MONEY MAKER**NICE ROI**Charming ALL-BRICK bungalow in a quiet neighborhood on Detroit's Eastside. Rented for $875 per month to a great Tenant. Home features include a large welcoming living room with fireplace, dining room, spacious kitchen and upper master bedroom with sitting room. Outside, find great curb appeal, 3D Roof and vinyl windows. Gorgeous all brick block with well manicured lawns and next to Brookins Park. Fenced yard for privacy and entertaining. Located in a great area close to schools, dinning, highways and more. This one is always in demand. Great for families because of location to the park and schools. Call/Text for more information. Purchaser to pay $495 processing fee to the listing broker at closing. Buyer will receive a clean title, warranty deed, and title insurance!
Experience the pinnacle of urban living with this exquisite high-rise condo situated on the picturesque Detroit River, just steps away from the vibrant energy of downtown Detroit and across from the iconic Belle Isle. Boasting 2 bedrooms and 2 full bathrooms, this immaculately appointed residence offers a lifestyle of unparalleled luxury and convenience.Step inside to discover a haven of contemporary elegance, where every detail has been carefully curated for discerning tastes. The spacious living area welcomes you with sleek Luxury Vinyl Plank flooring that exudes both style and durability.Retreat to the master suite, a serene oasis of comfort and relaxation, complete with an ensuite bathroom and generous closet space. The second bedroom offers versatility and can easily accommodate guests, a home office, or your personal sanctuary.With all the updates already in place this turnkey residence is ready for you to move in and start enjoying the ultimate urban lifestyle.Indulge in the unparalleled amenities of high-rise living, enjoy the breathtaking views from the rooftop terrace. Plus, with Belle Isle just a stone's throw away, you'll have access to endless recreational opportunities right at your doorstep.Don't miss your chance to own a slice of urban paradise in one of Detroit's most coveted locations. Schedule your private showing today and make this spectacular condo your new sanctuary in the city.
Rare opportunity for an investor or first time home buyer. This property is located in the heart of University District on a very quiet street. This was a rental for a few years that needs mostly cosmetic repair. This could easily be turned into a 3 bedroom by turning the 2nd living room into a large bedroom. There is a lot of value add to this property. This sits on a large parcel and does have a garage. Contact listing agent for questions.
Well, hello there, neighbors! Take a look at this wonderful 3-bedroom brick bungalow. It's just waiting for someone special to come along- make it your home or an extra special rental property! You'll feel so cozy and warm inside, especially with all the recent updates. Imagine the joy of new plumbing, soft carpet under your feet, and updated electrical work in the basement. And guess what? With central air to keep you cool in the summer and new vinyl flooring that's both practical and pretty, it's a real treat for the senses. The new roof is the cherry on top for the new owner- so you save for your dream vacation instead of for a rainy day. Won't you come and see for yourself? I'd love to show you around. Book your showing today!Notable Updates/Upgrades:New roof, new plumbing, new carpet, central air, new vinyl flooring, new 200 AMP panel, and painted throughout
Attention investors. Ready for some rehab and rent it out. Close to Freeways. Great rental potential. CASH OFFERS ONLY PLEASE. Room sizes estimated. Buyer's agent to verify all information. Buyer to pay $395 compliance fee to imagine home Realty at close. Property sold "AS IS". Utilities will not be turned on for inspections.The upstairs has the potential to be a nice large bedroom.Thank you for checking out our listing.
Investment opportunity on Detroit's East Side. Spacious 3 bedroom needs clean out and renovation. Located a few blocks from Denby High, this property is priced to sell.
Great invest opportunity offering a brick ranch with full basement and attached garage that includes 7 lots, 13037, 13047, 13053, 13057, 13059, 13079 & 13089 Houston-Whittier. These lots are to primed for development, so don't sleep on this opportunity. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.
Introducing this newly renovated gem! This home boasts a fresh, modern feel with brand new kitchen cabinets, fixtures, and more. Enjoy the charm of Detroit living with the added convenience of an updated home. Don't miss out on the opportunity to call this place home!
Don't miss amazing two unit 3 bed and 2 bath. Situated just beyond the esteemed Russell Woods Subdivision, this exceptional multifamily residence presents two fully independent units, each comprising three generously proportioned bedrooms and two lavish full bathrooms. The UPSTAIRS UNIT IS IN GOOD STANDING AND RENTS FOR $1400 A MONTH. The entire residence has undergone comprehensive rewiring, incorporating new electrical systems, and updated plumbing to ensure utmost safety and efficiency. Each unit is equipped with new high-efficiency furnaces and 50-gallon water tanks, guaranteeing a comfortable living environment year-round. The kitchens within both units are designed to cater to the needs of discerning chefs, showcasing top-of-the-line cabinetry, stylish backsplashes, and elegant granite countertops. Stainless steel appliances, including dishwashers, complete these culinary havens.High-end faucets and contemporary lighting fixtures adorn both the kitchens and bathrooms, while recessed lighting throughout the residence adds a touch of sophistication. Each unit features master bedrooms with en-suite bathrooms for enhanced privacy and convenience. The inclusion of new doors and windows throughout the residence contributes to energy efficiency, thereby facilitating savings on utility bills. The bathrooms have been meticulously appointed with new vanities, fixtures, and lighting, evoking a spa-like ambiance. Laminate flooring seamlessly unifies both units. The bedrooms are adorned with top-of-the-line chandeliers and high-end fans, enhancing the sense of opulence and comfort. Externally, the residence is equally impressive, featuring LED lighting that illuminates the surroundings and security cameras for added peace of mind. Step onto the newly constructed balcony, complete with recessed lighting, and bask in the splendor of the outdoors. This remarkable multifamily residence not only offers luxurious living but also presents an unparalleled investment opportunity. Whether you opt to occupy one or rent.
Urban living at its finest! Welcome to 2915 John R Carlton Lofts - this architectural gem once known as the Carlton Plaza Hotel exudes history, culture and most importantly, character/charm. Upon entry into this fourth floor unit, you are greeted with soaring ceilings, exposed brick, walls, and floor to ceiling windows allowing ample amounts of natural light to flow into the space. The open concept kitchen has an abundance of storage, with plenty of cabinet space. The black countertops tie into the all-black appliances, adding a modern touch to this rustic unit. The one bedroom also features floor to ceiling windows with a double closet to store all your clothing needs. The generously sized bathroom, with a standup shower and jetted tub are perfect for a relaxing night in. This unit features its own laundry with a newer stackable washer and dryer. There is plenty of secure gated parking for both you and your guests. The beauty of living at the Carlton Lofts is the unbeatable location, being in the heart of Brush Park. You are minutes away from wonderful restaurants, bars, cafes, and is located on top of the Pigalle bar, so good food and drinks are never too far away. Being steps from all three major sporting facilities, Comerica, Ford Field, LCA provides the ability to conveniently immerse yourself into the downtown lifestyle. Have a place to call your own that's in the heart of one of the most thriving cities - Detroit! This unit qualifies for an NEZ tax abatement to keep your taxes nice and low. It's carefree living at its finest! Schedule your tour today! For investors, the one percent rule does apply; can also be rented out.
West Side Bungalow with hardwood floors, NEW Mechanicals and central air!Perfect first time home or investor rent and hold. Quiet block just south of Seven mile and close to Southfield and the amenities of the business corridor. Spacious yard AND SIDE LOT! Garage for the car or your yard and gardening supplies. Room Sizes Estimated BATVAI
Remodeled 2 Bedroom unit. All applications must be accompanied by rental application and credit report. Tenant responsible for gas and electric. CLB
This spacious 4 bedroom/2.5 bathroom brick bungalow has so much to offer! The curb appeal exudes pride of ownership that runs inside the home as well. From its hardwood flooring, fresh paint, updated kitchen, newer windows, newer roof and fireplace located in the great room - you won't want to miss out on this home! Newly painted interior, move in ready.All of that while being located in a historical and well-maintained neighborhood and close to major freeways.Please don't let the cats out!
This Detroit investment property, conveniently situated within walking distance of parks and schools, presents an excellent opportunity for investors. While it requires a full renovation, the attractive pricing makes it a compelling option for those seeking to add value through upgrades. With its proximity to recreational amenities and potential for revitalization, this property offers a promising investment for those looking to tap into Detroit's evolving real estate market and won't last long!
Great Investment Buy!! Brick 4 Unit Apt Complex. Fenced in area on an extended lot. Spacious yard. Bring all your investors to see. Priced to sell quickly. Central Location From Downtown Detroit. Property is owner occupied. 1 out of the 4 units are occupied. Property needs TLC. 4 units can be great income. Seller will provide access to property. Buyer to pay 549.00 transaction fee to listing broker.
Great home in a great neighborhood. Great for investors as there is a current tenant in the home. One of a kind 2 bed and 1 bath with a full basement, features two empty lots as part of sale to provide extra outside entertainment. Schedule your showing today!
Welcome Investors to this fantastic opportunity in Detroit, MI! This property located at 4019 Carter offers a prime investment opportunity. The property features two units, each with 3 bedrooms and 1 bathroom, providing great rental potential.The title is clear, and one unit is already occupied, generating rental income of $900 per month. The other unit is vacant, allowing for additional rental income. The property has undergone all necessary rehab work, making it a turnkey investment opportunity for you.With an average ARV of $130,000, this property presents a great opportunity for investors looking to add to their portfolio. Liens and taxes will be handled by the seller, and the property is being sold "As Is", giving you the freedom to make it your own.Don't miss out on this chance to invest in a lucrative property in Detroit, with great rental potential and a prime location. Contact us now to learn more and secure this investment opportunity!BATVAI
Step into a well-kept home from the 1920s, nestled in a neighborhood next to Russel Woods that's changing fast. It's got all the classic charm you'd expect, with nice updates too. Brand-new plumbing means you don't have to worry about old pipes. The roof is new, the paint is fresh, and the electrical system is up-to-date. Plus, the boiler has been fixed up recently for cozy warmth. Come see this lovely home for yourself!
Available for immediate occupancy, the newest and boldest contribution in the heart of Detroit's historic neighborhood.Built along the former Baker Streetcar line, The Coachman embodies a vision for modern chic residences that infuse history, luxury, and design. Residents enjoy open-plan living spaces featuring luxurious ensuites; modern black kitchens; private gardens and terraces; off-street secure parking; expansive windows that maximize light and dramatize vertical space. Crafted with a selection of bespoke finishes, The Coachman spaces are available in four unique floor plans, including single-level, multi-level, and carriage home layouts. The Coachman enjoys one of Detroit's most coveted locations, located within blocks of a variety of restaurants, cafes, shopping, nightlife, and the Detroit riverfront park. With a vibrant, deep sense of community, and the prospect of future growth, Corktown is a neighborhood on the rise, and is perfect for young families and couples looking for a place that feels like home. The Coachman has a brand new NEZ tax abatement, and HOA dues are $246/month.
Adorable frame colonial rented at $1000 per month with a cash paying long term tenant. Home features 3 sizable bedrooms, nice size backyard , large basement with lots of storage and much more. Tenant plans to stay with the sale. No showings without an accepted offer. Seller is motivated to make a deal. If you are looking for a great opportunity this is it! Great tenants in this house. Please do not approach the home or disturb the tenants without an accepted offer.
Attention investors! Are you looking for a turn-key and fully performing 2 family property? Well look no further. This property is rented as follows. Lower unit rented at $880 and the upper unit is rented for $855. No showings without accepted offers. Please do not approach home without an accepted offer. This home is priced to sell. Very solid investment.