#81024062694, Cecelia Dillard, Listing Office: KW Home Realty
12170 Dexter Ave Detroit, MI 48206
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
Summary
- MLS Number: 20240077365
- MLS Name: Realcomp II Ltd
- Office Name: RE/MAX Leading Edge
- Office Phone: (313) 277-7777
- Listing Agent: Heather Dell
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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.
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$495,000
12170 Dexter Ave
$5,878
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Aug 12, 2021 | Home Sold | $420,000 |
May 07, 2018 | Home Sold | $450,000 |
Tax history
Year | Assessment | Property 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.
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.
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.