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Image 1 - 18273 Grayfield St, Detroit, Michigan, 48219 - House for sale
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Grayfield St, Detroit, Home For Sale
18273 Grayfield St, Detroit, Michigan, 48219

Grayfield St, Detroit, Home For Sale

house for sale
Listed: 06/25/24

18273 Grayfield St, Detroit, Michigan, 48219

3 Bed:
1 Bath:
1,212 Sq Ft Living Area:
Save
Price
$ 25,000
Price:  Lower

About This House

Great investment opportunity on this Old Redford bungalow waiting on you to bring it back to life! Located within walking distance to Telegraph, shopping and dining. This home is down to the studs, yet clean! Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.

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Detroit Housing & Living

Average sale prices for houses

2 bed
3 bed
4+ bed
Show as List Show as Graph
In June 2024, the asking price for 3 bed houses for sale in/near Detroit, United States averaged $122,412, an increase of 5.8% from the previous month.
Median price trends for properties for sale in 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.