MYLAND SUB (PLATS) Sub Div: Description: This is a very nice starter in a super nice area. The home needs a little tender loving care. A must see -- a great starter for less than market value.
Sherwood Forest (Plats) Sub Div: Description: Beautifully renovated Historical Sherwood Forest home...... Enjoy the many improvements along with the beauty of the historical charm and character of the area. Be the first to enjoy the new master ...more
Description: This is a handyman special . The bones are fantastic but needs someone to put her back together . The income potential is strong . Please bring your screw gun to unscrew door for access and please put ...more
GEO W RENCHARDS COLLEGEDALE SUB (PLATS) Sub Div: Description: BEAUTIFUL, COZY 3 BEDROOM, 1 BATH ON A QUIET WELL KEPT RESIDENTIAL STREET IN A GREAT AREA, WITH EASY ACCESS TO SOUTH FIELD FREEWAY. RECENT UPDATES INCLUDE NEW ELECTRICAL, PLUMBING, KITCHEN, AND BATH. ...more
WM. B. JAMES SUB. Sub Div: Description: ***TURNKEY RENTAL! LONG TERM TENANT. TENANTS ARE UNAWARE OF SALE! DO NOT APPROACH! SELLER MUST BE PRESENT FOR ALL SHOWINGS, NO EXCEPTIONS WHAT SO EVER! $399 PROCESSING FEE. BUYER TO ASSUME ANY A ...more
OAKMAN WALSH WESTON (PLATS) Sub Div: Description: INCOME PRODUCING PROPERTY RENTED AT $650 A MONTH, BRING ALL OFFERS MOTIVATED SELLER B.A.T.V.A.I $395 TRANSACTION FEE TO BUYER DUE TO LISTING BROKER AT CLOSING
Description: Investors Special!!! This all brick home offers 3 bd, 2.1 bths, 2 natural fireplaces, hardwood floors through out, bonus room, newer roof, fenced in yard with a 2 car garage. Home sits on a nice tree ...more
Rosedale Park (Plats) Sub Div: Description: This home is a MUST SEE. Large home in the gorgeous Rosedale Park neighborhood with a FIRST FLOOR BEDROOM and FULL BATHROOM! This home does need some cosmetic updates & minor upgrades. There is also ...more
HUDSONS SUB (PLATS) Sub Div: Description: GREAT INVESTMENT OPPORTUNITY! 4 UNITS AVAILABLE 3 UNITS HAVE 1 BEDROOM 1 FULL BATH AMD 1 UNIT WITH 2 BEDROOMS 1 FULL BATH.NEEDS SOME WORK ALL APPLIANCES ARE AVAILABLE.PROPERTY SOLD AS IS. BUYER AND OR ...more
ASSESSORS PLAT OF BLKS 1 2 5 6 7 8 10 11 ETC Sub Div: Description: Beautifully restored and updated historic colonial designed and built by C. Howard Crane. Crane designed the Fox Theater and Detroit Opera House among many others. This notable home claims over half a ...more
LOTHROP EST CO LTD LOTS 69 THRU 134 (PLATS) Sub Div: Description: Unique opportunity in Islandview, one of Detroit’s most rapidly developing neighborhoods. Nine residentially zoned lots mere blocks from Belle Isle! Sale includes 1418, 1426, 1433, 1438, 1441, 144
LOTHROP EST CO LTD LOTS 69 THRU 134 (PLATS) Sub Div: Description: Great deal on two connected, residentially zoned parcels, mere blocks from Douglas MacArthur Bridge. Sale includes 297 and 299 E Grand Blvd (56 x 96, 5345 square feet). Corner lot on prestigious and ...more
EVERGREEN MANOR NO 1 (PLATS ) Sub Div: Description: **TURNKEY** TENANT OCCUPIED AT $825 A MONTH! This 1 1/2 story Cape Cod is located near Old Redford Academy Middle School, Redford/Detroit Public Library, Redford Theatre, and minutes away from Southfi ...more
WARRENDALE NO 1 (PLATS) Sub Div: Description: ATTENTION! ATTENTION! ATTENTION! YOU,YOU, YOU and YOU! $15,000.00, $15,000.00, NEED I SAY IT AGAIN YES!! $15,000.00 DOWN PAYMENT ASSISTANCE FOR DOWN PAYMENT, CLOSING COST, PREPAID/ESCROWS (TAXES AND I ...more
MOSES W FIELDS SUB L8 P37 (PLATS) Sub Div: Description: Unique opportunity on Detroit’s Lower East side! Four contiguous, residentially zoned lots sandwiched between Islandview and West Village, two of Detroit’s most rapidly developing neighborhoods.
HARPER OUTER DRIVE Sub Div: Description: Large 3 bedroom Brick Colonial with lot of potential. Newly refinished hardwood floors. Newer carpet on the upper level. Newer electrical and plumbing.
Bristows Fred W Robson Av E Sub Div: Description: Tenant occupied Investment property! (Please DO NOT disturb the tenant), Home is located on a stable block. All room sizes are estimated. Develop Detroit Realty to hold EMD no exceptions!!! Please, s ...more
WAYNE COUNTY CONDO PLAN NO 918 (BOOK CADILLAC CONDO) Sub Div: Description: Welcome to luxury living in downtown Detroit. Located inside The Residences at The Westin Book Cadillac, this unit is the largest move-in ready unit available, featuring a fully updated spa-like maste ...more
COONLEYS SUB (PLATS) Sub Div: Description: LARGE SOLID 2 UNIT MULTI-FAMILY ON POPULAR DEXTER AVENUE. EACH UNIT HAS 3 BEDROOMS, LIVING ROOM WITH FIREPLACE, DINING ROOM AND KITCHEN. TENANT OCCUPIED IN BOTH UNITS. SEPARATE BASEMENTS. 2 CAR GAR ...more
FENKELL MEYERS Sub Div: Description: GREAT STARTER HOME... This beautifully updated townhouse has an open concept, large front window, fresh paint & carpet with refinished hardwood floors and the unfinished basement is perfect for storag ...more
Actives Activity Chart
|1 Bed Homes For Sale in Detroit (9)||$ 91,300|
|2 Bed Homes For Sale in Detroit (226)||$ 41,846|
|3 Bed Homes For Sale in Detroit (1052)||$ 49,831|
|4 Bed Homes For Sale in Detroit (223)||$ 96,103|
|5+ Bed Homes For Sale in Detroit (107)||$ 281,658|
|1 Bed Condos For Sale in Detroit (54)||$ 196,218|
|2 Bed Condos For Sale in Detroit (72)||$ 388,586|
|3 Bed Condos For Sale in Detroit (26)||$ 525,929|
|4 Bed Condos For Sale in Detroit (3)||$ 543,000|
|5+ Bed Condos For Sale in Detroit (2)||$ 277,500|
|1 Bed Multifamily For Sale in Detroit (17)||$ 58,965|
|2 Bed Multifamily For Sale in Detroit (6)||$ 100,417|
|4 Bed Multifamily For Sale in Detroit (3)||$ 291,667|
|5+ Bed Multifamily For Sale in Detroit (15)||$ 561,732|
Sold Activity Chart
|1 Bed Homes Sold in Detroit (43)||$ 48,548|
|2 Bed Homes Sold in Detroit (1966)||$ 19,773|
|3 Bed Homes Sold in Detroit (12060)||$ 30,725|
|4 Bed Homes Sold in Detroit (2281)||$ 72,070|
|5+ Bed Homes Sold in Detroit (847)||$ 653,376|
|1 Bed Condos Sold in Detroit (665)||$ 157,566|
|2 Bed Condos Sold in Detroit (763)||$ 230,585|
|3 Bed Condos Sold in Detroit (221)||$ 261,709|
|4 Bed Condos Sold in Detroit (41)||$ 195,213|
|5+ Bed Condos Sold in Detroit (4)||$ 475,000|
|1 Bed Multifamily Sold in Detroit (97)||$ 44,128|
|2 Bed Multifamily Sold in Detroit (60)||$ 98,190|
|3 Bed Multifamily Sold in Detroit (14)||$ 169,554|
|4 Bed Multifamily Sold in Detroit (17)||$ 156,206|
|5+ Bed Multifamily Sold in Detroit (43)||$ 562,417|
Background on Detroit
Detroit is the largest and most heavily populated city in the state of Michigan as well as the largest city found on the United States – Canada border. Detroit is at the seat of Wayne County. The population here is estimated to be around 675,000 which make it the 23rd most populated city in the entire United States. If you look at the metropolitan area which is better known as Metro Detroit you will see that the population there is upwards of 4.3 million people. Detroit is most well known for its art, design and architecture. Detroit was founded in July of 1701 and incorporated in September of 1806. This area of Michigan is roughly 143 square miles and of that 143 square miles approximately 4 miles of that is water. The climate here in Detroit is a humid continental climate which is greatly influenced by the Great Lakes and the city. The winters here tend to be very cold but with only moderate snowfall. The summer months are usually very warm with temperatures exceeding 90 degrees several times throughout the warmer months. The hottest times here in Detroit runs from May through September. Precipitation in this area tends to occur during the months of May though June. There is approximately 33.5 inches of rainfall per year here. Thunderstorms are very frequent in Detroit and usually happen during the spring and summer.
Real Estate in Detroit
There are so many different kinds of housing styles here in Detroit. You will find everything from Tudors and Cape Cod style homes to Ranches and Condos here in Detroit. The market here has so much to offer, especially if you are looking for an eclectic mixture of housing styles. The prices here can range from less than $10,000 for a single family home that need TLC to those in excess of $1,000,000. It all depends on which neighborhood you are looking in. Most homes in Detroit are single family but there are several condo communities here as well if you are looking for a home that comes with amenities.
Employment in Detroit
There are several major corporations that are based here in Detroit as well as three Fortune 500 companies. Manufacturing, finance, health care and technology make up a majority of the jobs here. Automotive manufacturing is another big employer in this area. There are also some large companies here that are globally recognized. Little Caesars, Blue Cross Blue Shield of Michigan, Quicken Loans, General Energy and American Axle are just a few of those major employers.
Music and Entertainment in Detroit
Since the 1940’s live music has been a prominent feature of the nightlife here in Detroit. The nickname “Motown” was given to the city due to its influence on the music industry. If you are looking to go to a concert in Detroit there are a few places for you to go. You can head to the DTE Energy Music Theatre or The Palace of Auburn Hills as well as several other small clubs and jazz houses. The Theatre Venue Circuit is the performing arts portion of Detroit. Here you will find things like live music, theater, the orchestra as well as more than a dozen performing arts centers. The Theatre Venue Circuit is the second largest in the United States and also hosts several Broadway productions throughout the year.
Places to Visit in Detroit
- Downtown Detroit is a great place to visit if you want to take a walk, bike or try one of the areas up and coming restaurants. This area is very cosmopolitan and has tons to do if you are looking for a little adventure.
- Dearborn/Wayne is a historic and diverse section of Detroit. Here you find a mixture of Italian, Polish, Mexican and Arab-American neighborhoods. There is Middle Eastern Dining here as well as the only drive-in in the area.
- Greater Novi is a trendy area that is located around 45 minutes Northwest of Downtown Detroit. This place is known for its shopping as well as its fine dining and nightlife. This place is definitely a must see if you live in the Detroit area.
Detroit has reasonably priced real estate plus rich history within the music industry. There is so much to do here on any given day. If you are thinking of moving to Detroit don’t hesitate, this place has it all!
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Your home will be found on the local MLS, plus all the major search engines and popular real estate portal sites, including: Trulia, Zillow, Realtor.com, MSN, AOL, Bing, Yahoo, and of course Google. Additionally when your home gets added to the MLS, your FSBO listing will listed alongside of the homes listed by ReMax, C-21, Coldwell Banker, ERA, Redfin, Movoto, Keller Williams and all the other nationwide brokerage sites. These sites often display “all” of the MLS postings, not just their own, which means your home will be on these sites also.
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Currently Detroit has 2,199 properties on the market for sale. The inventory was last updated 01/21/2019. Of these properties, 1,618 single family homes are for sale by their owners in Detroit, and 158 condos are for sale by their owners in Detroit. The average price of the single family homes for sale in Detroit, is $112,147, the average condo price in Detroit, is $249,197. The average price per square foot of the active inventory is $89. This is based the living area square footage.
Over the last year, there have been 21,023 of properties sold in Detroit. Of these properties, 17,198 single family homes have sold by their owners in Detroit, and 1,715 condos have sold by their owners in Detroit. The average sales price of the single family homes sold in Detroit, is $164,898. Single family homes have been selling for 32 per square foot of living area. The average sales price of the condos for sale in Detroit, is $214,457. Condos have been selling for 120 per square foot of living area.
The most active subdivisions with listings for sale in Detroit, are: East Detroit Development Cos No 1 (plats) (13 For Sale), Voigt Park Sub (plats) (12 For Sale), Grandmont No 1 (plats) (10 For Sale), Joy Farm (also P39 Plats) (10 For Sale), Henry Russells Three Mile Drive Sub No 1 (plats) (10 For Sale), Warrendale Warsaw (plats) (8 For Sale), Palmer Woods (plats) (8 For Sale), Frischkorns Estates (plats) (8 For Sale), Park Drive No 4 (plats) (8 For Sale), Laurel Park (plats) (8 For Sale)
If you are thinking of selling your Detroit home, try our flat fee listing service, Our list fees start at $449, and may save you $15,000 in real estate commissions. Click here to start saving.
Disclaimer: Listing broker has attempted to offer accurate data, but buyers/lessees are advised to confirm all information IDX information is provided exclusively for consumers' personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect Participants and/or the MLS from liability.
This data up-to-date as of 01/21/2019