Detroit Multifamily Sold By Owner (1862 Homes)

  • Sold
    Multifamily Sold $25,000
    • 2Baths
    • 1,944Sq ft
    5208 OREGON Street , Detroit, Michigan

    Investment special! multifamily unit (upper and lower) in good condition with both units occupied... Read More

  • Sold
    Multifamily Sold $89,500
    • 2.5Baths
    • 1,918Sq ft
    2150 -2152 CRANE Street , Detroit, Michigan

    2-unit income property. introducing to market, a rare investment opportunity in one of detroit’s... Read More

  • Sold
    Multifamily Sold $55,000
    • 4Baths
    • 4,464Sq ft
    5354 OREGON Street , Detroit, Michigan

    This is a super investment with income potential that is great. 4 2 br units with separate... Read More

  • Sold
    Multifamily Sold $115,000
    • 2Baths
    • 2,116Sq ft
    17145 KENTUCKY Street , Detroit, Michigan

    *the best income producing detroit multifamily properties on the market* take a look at... Read More

  • Sold
    Multifamily Sold $75,000
    • 4Baths
    • 4,478Sq ft
    8500 DEXTER AVE , Detroit, Michigan

    This is the perfect opportunity for someone looking to take part in the rebirth of the city. this... Read More

  • Sold
    Multifamily Sold $60,000
    • 2.5Baths
    • 3,003Sq ft
    3429 BEDFORD Street , Detroit, Michigan

    Great investment opportunity here, two 3 bedroom units with long term tenants currently on... Read More

  • Sold
    Multifamily Sold $125,000
    • 2Baths
    • 2,470Sq ft
    1508 montclair Street , Detroit, Michigan

    Beautifully restore two unit with original hardwood floors, and wood trim throughout. the home... Read More

  • Sold
    Multifamily Sold $149,995
    • 2Baths
    • 3,074Sq ft
    3780 W Buena Vista Street , Detroit, Michigan

    This gorgeous home in detroit's historic russell woods (rws) shares the street with all members... Read More

  • Sold
    Multifamily Sold $10,000
    • 2Baths
    • 2,154Sq ft
    6125 SENECA Street , Detroit, Michigan

    Investor special - detroit duplex, 4 br, 2 bath, requires rehab. all room sizes are estimates and... Read More

  • Sold
    Multifamily Sold $47,000
    • 2Baths
    • 2,036Sq ft
    6855 MONTROSE Street , Detroit, Michigan

    **turnkey** 2 story brick duplex producing $1075 monthly! located near dearborn, maples... Read More

  • Sold
    Multifamily Sold $85,000
    • 2Baths
    • 2,968Sq ft
    3886 LAKEWOOD Street , Detroit, Michigan

    Great property to add to your portfolio!!!! solid brick multi family property with good paying... Read More

  • Sold
    Multifamily Sold $185,000
    • 2Baths
    • 2,405Sq ft
    4821 KENSINGTON Avenue , Detroit, Michigan

    Simply charming is the best way to describe this duplex in the heart of east english village. an... Read More

  • Sold
    Multifamily Sold $34,900
    • 2Baths
    • 2,126Sq ft
    9657 E OUTER DR , Detroit, Michigan

    This 2 family duplex has tons of potential for the investor or owner occupant. spacious rm sizes... Read More

  • Sold
    Multifamily Sold $65,000
    • 2Baths
    • 1,851Sq ft
    4158 BEDFORD Street , Detroit, Michigan

    This is your chance to purchase a fully occupied duplex! both upper and lower units are already... Read More

  • Sold
    Multifamily Sold $160,000
    • 4.5Baths
    • 3,488Sq ft
    16854 BAYLIS Street , Detroit, Michigan

    Great opportunity to own this well cared for, massive multi family in northwest detroit. located... Read More

  • Sold
    Multifamily Sold $45,000
    • 2Baths
    • 1,680Sq ft
    15901 KRAMER Street , Detroit, Michigan
  • Sold
    Multifamily Sold $75,000
    • 2Baths
    • 1,714Sq ft
    8519 WYOMING Street , Detroit, Michigan

    2 story duplex on a great location! home features two 2/1 units, both rented at $650 and $550!... Read More

  • Sold
    Multifamily Sold $99,900
    • 2Baths
    • 894Sq ft
    19159/19161 MEYERS Road , Detroit, Michigan

    Welcome home to this beautiful brick duplex, with both units for sale for the price of one in the... Read More

  • Sold
    Multifamily Sold $34,000
    • 2Baths
    • 2,842Sq ft
    3224 CALVERT Street , Detroit, Michigan

    Check out this beautiful 3 bedroom, 1 bath duplex close to boston - edison. this duplex needs... Read More

  • Sold
    Multifamily Sold $35,000
    • 1Bed
    • 2Baths
    • 1,680Sq ft
    12123 SANTA ROSA Drive , Detroit, Michigan

    Excellent investment opportunity on this spacious multi-family, lower level offers a natural... Read More

Detroit - Statistics and Home Trends

Sold Activity Chart

AVERAGE PRICE

$ 167,771

NEW LISTINGS THIS WEEK

348

PRICE PER SQUARE FOOT

$ 38

AVERAGE PRICE

$ 225,016

NEW LISTINGS THIS WEEK

19

PRICE PER SQUARE FOOT

$ 134

Average Price
Land Sold in Detroit (343) $ 54,837

AVERAGE PRICE

$ 211,430

NEW LISTINGS THIS WEEK

5

PRICE PER SQUARE FOOT

$ N/A

Learn More About Detroit, Michigan

Currently there are 1,691 homes for sale, 231 condos and apartments for sale and 186 vacant land for sale in Detroit

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.

Summary
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!

ByOwner.com offers For Sale By Owner listing services throughout the country. By posting home with ByOwner your property will get the same exposure you’d receive from a traditional real estate company. Our Detroit, Michigan Flat Fee MLS listing Service saves you from paying the traditional 6% commission charged by most real estate offices, but gives you the same worldwide exposure.

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.

The average seller who uses our Flat Rate MLS Listing, will save over $15,000. We give you the tools and exposure you need as a ForSaleByOwner to compete with every other listing in the MLS. But you are in control of the savings and the fees you pay.

Currently Detroit has 2,329 properties on the market for sale. The inventory was last updated 01/29/2020. Of these properties, 1,691 single family homes are for sale by their owners in Detroit, and 231 condos are for sale by their owners in Detroit. The average price of the single family homes for sale in Detroit, is $281,874, the average condo price in Detroit, is $318,364. The average price per square foot of the active inventory is $84. This is based the living area square footage.

Over the last year, there have been 23,358 of properties sold in Detroit. Of these properties, 19,128 single family homes have sold by their owners in Detroit, and 1,860 condos have sold by their owners in Detroit. The average sales price of the single family homes sold in Detroit, is $167,771. Single family homes have been selling for 38 per square foot of living area. The average sales price of the condos for sale in Detroit, is $225,016. Condos have been selling for 134 per square foot of living area.

The most active subdivisions with listings for sale in Detroit, are: Joy Farm (also P39 Plats) (15 For Sale), Grandmont No 1 (plats) (14 For Sale), Albert Cranes Plat (plats) (13 For Sale), Gratiot Lawn (12 For Sale), East Detroit Development Cos No 1 (plats) (12 For Sale), Atkinsons Sub Of Park Lot 6 (plats) (10 For Sale), Joy Farm Sub (plats) (9 For Sale), Henry Russells Three Mile Drive Sub No 1 (plats) (8 For Sale), Morangs Three Mile Dr Annex Sub (plats) (8 For Sale), Frischkorns Warren Ave 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 01/29/2020