$495,000

12170 Dexter Ave Detroit, MI 48206

$5,878
Closing credit¹
33 full
37,143 sqft
0.2 acres
$13 / sqft
Multi-Family

Property details

About 12170 Dexter Ave

Opportunity to restore one of the last large elevator multifamily buildings in Detroit. Historic 33 unit with built out storefronts in the rapidly developing Dexter Corridor. Recently awarded over 30 million in grants this area surrounds Historic Russell Woods and is currently undergoing a massive street scape and infrastructure revitalization. The 27.5 mile Joe Louis Greenway will run through the Dexter Linwood corridor spurring additional retail and mixed use development for years to come. EV Charging stations, new water lines, extensive landscaping and areas for pedestrian walkways and retail currently in progress. Minutes away from New Center, The Fisher, Henry Ford Hospital and Police Headquarters, fifteen minutes from the Downtown Riverfront and Ferndale and Royal Oak to the north. 26 one bedroom apartments, six two bedrooms and a Super's unit on the garden level. This building was built for luxury and elegance with detailed marble and tile work that can be saved. This building is a FULL Rehab but even with moderate finishes and upgrades this building will be highly rentable at market rates, especially recent grads and relocations moving to Detroit for work and priced out of downtown and the suburbs. Here is a chance to make your mark on the city everyone is watching and get established before the area is priced out. BATVAI

Highlights

Home typeMulti Family
HeatingNatural Gas, Radiant
StatusActive
Size37,143 sqft
BasementYes
Lot size0.22 Acres
Year built1926
MLS #20240077365

Summary

  • MLS Number: 20240077365
  • MLS Name: Realcomp II Ltd
  • Office Name: RE/MAX Leading Edge
  • Office Phone: (313) 277-7777
  • Listing Agent: Heather Dell

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/9/2025, 5:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of property

$495,000

12170 Dexter Ave

$5,878

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Aug 12, 2021
Home Sold
$420,000
May 07, 2018
Home Sold
$450,000

Tax history

YearAssessmentProperty Tax
2024$321,100$49,793
2023$237,000$49,793
2022$335,000$56,377
2021$221,100$56,377
2020$179,700$5,681
2018$76,400$5,681
2017$71,400$5,645

History based on county public records data.

Nearby schools

2

University Preparatory Art Design Elementary School

Public Charter KG-5

1.7 mi

10225 3rd St

2

Barton Elementary School

Public District KG-5

2.1 mi

8530 Joy Rd

1

George Washington Carver Elementary School

Public Charter PK-4

2.1 mi

14510 2nd Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $24,753. The most common annual income of people living in Detroit, MI is less than $<35k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

64%
<35k
34%
35k-100k
1%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

64%
Single, No Kids
25%
Single, with Kids
8%
Married, No Kids
3%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
6%
12-17 yrs old
24%
18-34 yrs old
43%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • BurlingtonBurlington
  • H&MH&M
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Boston MarketBoston Market
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • KiaKia
  • HondaHonda
  • DodgeDodge

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 12170 Dexter Ave in Detroit, MI and zip code 48206 in the Midtown neighborhood. This 37,143 square foot home, which was built in 1926, sits on a 0.22 acre lot. Features: 33 bathrooms. It has been listed on Rocket Homes since October 14, 2024 and is currently priced at $495,000.

Detroit, MI housing market in February 2025 saw over 68 listings sold above listed price, more than 60 sold at listed price and over 203 sold below. The number of listings in Detroit, MI increased by 7% between January and February 2025. The median list price of listings available in February 2025 was $88,760, while the average time on the real estate market was 59 days.

From Rocket Homes Real Estate and based on county public records data.

More resources