Welcome to an incredible multi-use property in the heart of Detroit, offering a myriad of possibilities for the discerning investor. Boasting an R5 zoning and commercial office approval, this versatile gem allows for seamless transformation into a multi-family residence, apartments or single family home - all without the hassle of rezoning. Its strategic proximity to downtown Detroit ensures easy access to the vibrant nightlife and diverse dining experiences the city has to offer; Detroit Metro Airport is just minutes away and swift access to major expressways.
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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.