The world begins and ends with a porch that has seen the evolution of Detroit. This multi-family boasts a wood burning fireplace in each unit, separate basements, three bedrooms in each, and vision, vision, vision. The house has been taken down to the original 2x4's and cleared for you to breathe life. Less than a block over, the recently rehabbed home sold for$300, 000.The Dexter/Lynwood area is going through major transformative times. Development plans have already started in the prestigious Russell Woods area, which is less than a mile away and includes newly built condominiums, single-family properties, and a business district. This multi-family is a Full reconstruction, but it's you who decides its footprint. There is a garage that needs…
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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.