Detroit Multifamily Sold By Owner

MLS Detroit MI Apartments and Homes For Sale (17)

  • Sold
    Multifamily Sold $225,000
    • 3 Bed
    • 7 Baths
    • 5,700 Sq ft
    17161 Redford Street , Detroit, MI

    Detroit is on the list of best places to buy rental properties in 2020 and here is your chance... Read More

  • Sold
    Multifamily Sold $82,500
    • 3 Bed
    • 2 Baths
    • 2,000 Sq ft
    17185 Ontario St , Detroit, MI

    Beautiful brick duplex. family home with 3 bedrooms in each unit. great for investment or your... Read More

  • Sold
    Multifamily Sold $130,000
    • 3 Bed
    • 4 Baths
    • 3,994 Sq ft
    15236 Tireman Street , Detroit, MI

    Attention all investors!!! turnkey multi-family unit on the dearborn / detroit border with newer... Read More

  • Sold
    Multifamily Sold $75,000
    • 3 Bed
    • 1 Baths
    • 844 Sq ft
    Moross , Detroit, MI

    Side by side 3 bedroom brick duplex both sides have finished basements, c/a,newer windows,very... Read More

  • Sold
    Multifamily Sold $32,500
    • 3 Bed
    • 2 Baths
    • 1,755 Sq ft
    5074 Balfour , Detroit, MI

    Great opportunity for investors and home buyers. great property! act fast, it will not last!... Read More

  • Sold
    Multifamily Sold $625,000
    • 3 Bed
    • 5.5 Baths
    • 3,137 Sq ft
    468 Prentis Street #1, Detroit, MI

    Remarkably handsome turn of the century victorian. carved mantle and beautiful staircase. the... Read More

  • Sold
    Multifamily Sold $89,900
    • 3 Bed
    • 2 Baths
    • 3,497 Sq ft
    2966 Cadillac Blvd, Detroit, MI

    Huge two family ready to rent or live in one (the property is 50% pre) & rent the other...sizable... Read More

  • Sold
    Multifamily Sold $50,000
    • 3 Bed
    • 3 Baths
    • 3,119 Sq ft
    5305 Cecil Street , Detroit, MI

    Distress sale. great investment opportunity. cash or conventional only. three unit apartment... Read More

  • Sold
    Multifamily Sold $21,500
    • 3 Bed
    • 6.5 Baths
    • 5,830 Sq ft
    9609 Dexter Avenue , Detroit, MI

    Investors take a look. 6 family flat with a separate entternce . , close to local shopping and... Read More

  • Sold
    Multifamily Sold $110,000
    • 3 Bed
    • 9 Baths
    • 3,164 Sq ft
    2142 Livernois , Detroit, MI

    Nice brick 9 unit residential apartment building with separate utilities, with the exception of... Read More

  • Sold
    Multifamily Sold $120,000
    • 3 Bed
    • 2 Baths
    • 3,070 Sq ft
    1155 Virginia Park Street , Detroit, MI

    Calling all investors!!! quick access to lodge freeway and 10 minute walk to woodward great... Read More

  • Sold
    Multifamily Sold $72,000
    • 3 Bed
    • 2.5 Baths
    • 2,150 Sq ft
    Yorkshire , Detroit, MI

    Amazing opportunity!!! well kept 2 family home in east english village. live in one unit and rent... Read More

  • Sold
    Multifamily Sold $20,900
    • 3 Bed
    • 2 Baths
    • 4,096 Sq ft
    2462 W Euclid , Detroit, MI

    Be part of the new detroit. just outside of lasalle gardens, minutes to mid town/downtown, unique... Read More

  • Sold
    Multifamily Sold $925,000
    • 3 Bed
    • 25 Baths
    • 15,968 Sq ft
    51 W Palmer Street , Detroit, MI

    Midtown detroit - own your first investment property - a 24 unit complex at the heart of wayne... Read More

  • Sold
    Multifamily Sold $200,000
    • 3 Bed
    • 4 Baths
    • 3,350 Sq ft
    3531 2nd Avenue , Detroit, MI

    3531 and 3525 to be sold as a package for $475,000.. unbelievable 7 units total right in the... Read More

  • Sold
    Multifamily Sold $28,000
    • 3 Bed
    • 2 Baths
    • 2,033 Sq ft
    474 Golden Gate , Detroit, MI

    Tenant occupied home! two family flat! savvy investor opportunity. after deducting property... Read More

  • Sold
    Multifamily Sold $3,950
    • 3 Bed
    • 4 Baths
    • 1,855 Sq ft
    14899 Patton Street , Detroit, MI

    ***mof deadline 06/07 at 1pm******** home featuring 1bd/1ba in 3 units and 2bd/1ba in 1 unit and... Read More

Detroit - Statistics and Home Trends

Sold Activity Chart

AVERAGE PRICE

$ 168,473

NEW LISTINGS THIS WEEK

523

PRICE PER SQUARE FOOT

$ 40

AVERAGE PRICE

$ 227,107

NEW LISTINGS THIS WEEK

26

PRICE PER SQUARE FOOT

$ 141

Average Price
Land Sold in Detroit (352) $ 54,674

AVERAGE PRICE

$ 213,135

NEW LISTINGS THIS WEEK

10

PRICE PER SQUARE FOOT

$ N/A

Learn More About Detroit, Michigan

Currently there are 754 homes for sale, 188 condos and apartments for sale and 209 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!

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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.

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 1,320 properties on the market for sale. The inventory was last updated 10/29/2020. Of these properties, 754 single family homes are for sale by their owners in Detroit, and 188 condos are for sale by their owners in Detroit. The average price of the single family homes for sale in Detroit, is $390,945, the average condo price in Detroit, is $372,943. The average price per square foot of the active inventory is $101. This is based the living area square footage.

Over the last year, there have been 25,179 of properties sold in Detroit. Of these properties, 20,612 single family homes have sold by their owners in Detroit, and 2,049 condos have sold by their owners in Detroit. The average sales price of the single family homes sold in Detroit, is $168,473. Single family homes have been selling for 40 per square foot of living area. The average sales price of the condos for sale in Detroit, is $227,107. Condos have been selling for 141 per square foot of living area.

The most active subdivisions with listings for sale in Detroit, are: Hendries (plats) (14 For Sale), Robert Oakmans Twelfth St (plats) (10 For Sale), East Detroit Development Cos No 1 (plats) (10 For Sale), Hunt & Leggetts Sub (plats) (10 For Sale), Wildermere Park (plats) (8 For Sale), Albert Cranes Plat (plats) (8 For Sale), South Lafayette Park Sub (also Pg 64) (8 For Sale), Moses W Fields Sub L8 P37 (plats) (7 For Sale), Larneds (deeds) (6 For Sale), Bewicks Sub (plats) (6 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 10/29/2020