Available:  Right Now
Price:  Lower
Listed: 05/18/20

Collingwood Street, Detroit, MI 48206, USA

Upper/Lower Apartment

2652 Sq FtLiving Area:
1918Year Built:
apartment Description
Great opportunity to own this multi-family unit and adjacent vacant lots close to downtown, hospitals and universities. Sale includes the following: 1425, 1449, 1443, 1429, 1437, 1461, 1467 Collingwood. Buyer must present a feasible financing plan for the total development costs and provide proof of funds for the equity involved in the financing. Current Zoning is R5. The Purchaser shall present c…  Full description
    Home Details
    Heating System
    Forced Air
    Heating Fuel
    Natural Gas
    Contact Information

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    Average sale prices for apartments as of Oct, 2021.
    Apartment sizeOctvs Last Month
    3 bed apartments$142,900N/A
    4+ bed apartments$189,156+143.2%
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    Lofts for sale$311,200+13.6%
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    Prices depend on real estate size/amenities and are based on the Rentberry platform statistics.
    Household Income
    Median household income: $31,283
    Number of households: 266,333
    The average household income in Detroit, MI grew from $30,344 to $31,283 in the past year. This data is an estimate based upon 266,333 households in Detroit, MI.
    The chart below presents how household income is distributed in Detroit, MI in comparison to the revenue allocation amid households nationally.
    Property Taxes
    Average range: $800-$1,500
    One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Detroit, MI compared to median property taxes around the country. The prevalent amount of property taxes in Detroit, MI equals $800-$1,500, which is less than the national average.
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