Home For Sale In Detroit, Michigan

house for sale

Listed: 06/05/24

7579-7599 Chrysler Dr, Detroit, Michigan, 48211

23 Bed:

11.5 Bath:

7,590 Sq Ft Living Area:

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Price

$ 249,900

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About This House

Investor's Dream Opportunity across from the Clay Ave. Russell Industrial Artist Building. Rehab this 11 Unit apartment Building OR rehab it into spacious condominiums. Originally it had10 - 2bedroom units and 1-3 bedroom unit with exterior covered porches and carport. See the before photos of this building before it suffered a fire a few years ago which is why it must be sold at a deep discount. Brick building can be rehabbed but Please do not enter property due to fire damage. Note: 7575 Chrysler is a single family home immediately south of this building is included in the sell of this property. Check out the 2 recently restored apartment buildings at the other end of the block at Custer and Cameron and consider this building for your investor portfolio. Call me right away as the sellers are motivated!

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Houses for sale in Detroit

Original listing

New Center Housing & Living

Average sale prices for houses

2 bed

3 bed

4+ bed

Show as List Show as Graph

Month	Median Price
Jun 2024	$104,283 (-10.8%)
May 2024	$116,903 (+46.8%)
Apr 2024	$79,613 (0%)
Mar 2024	$79,613 (0%)
Feb 2024	$79,613 (0%)
Jan 2024	$79,613 (+0.2%)

In June 2024, the asking price for 2 bed houses for sale in/near New Center, Detroit, United States averaged $104,283, a decrease of 10.8% from the previous month.

Median price trends for properties for sale in New Center, Detroit, United States as of June 2024.

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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