#20250020267, Bill Swanson, Listing Office: OConnor Realty Detroit, LLC
2977 Canton St Detroit, MI 48207
Property details
About 2977 Canton St
Investor alert or house-hack opportunity in Detroit's Islandview Village! This fully updated Upper/Lower duplex offers strong cash flow with one unit occupied at $1,200/month (lease through Oct 2025) and the other unit vacant and move-in ready—perfect for an owner-occupant or adding immediate second-unit income. ? Each unit features 3 bedrooms & 1 full bath ? Updated kitchens with newer cabinets, counters, and appliances ? Durable LVP flooring throughout both units ? Split utilities for simplified management ? Annual income from occupied unit: $14,400 ? Market rent potential for vacant unit: $1,200+/mo, total income potential $28,800/year ? Located near Eastern Market, Mt. Elliott Park, Detroit Riverwalk, and I-94 Whether you're looking to expand your portfolio or offset your housing costs, this duplex offers the flexibility and income potential to make it work for you.
Highlights
Summary
- MLS Number: 20250026991
- MLS Name: Realcomp II Ltd
- Office Name: Zest Realty LLC
- Office Phone: (248) 270-8238
- Listing Agent: Timothy Moore, Michael Koski
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Last updated on: 4/26/2025, 10:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$300,000
2977 Canton St
$3,563
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Nov 30, 2021 | Home Sold | $100,000 |
Jan 18, 2013 | Home Sold | $32,500 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $90,200 | $2,214 |
2023 | $70,200 | $2,214 |
2022 | $42,900 | $2,214 |
2021 | $30,500 | $2,214 |
2020 | $29,700 | $2,095 |
2018 | $20,300 | $2,095 |
2017 | $20,900 | $791 |
History based on county public records data.
Nearby schools
3
University Preparatory Science and Math Elementary School
Public Charter KG-5
1.2 mi
•2251 Antietam Ave
1
Detroit Academy of Arts and Sciences
Public Charter KG-5
1.4 mi
•2985 E Jefferson Ave
8
Chrysler Elementary School
Public District KG-5
1.8 mi
•1445 E Lafayette St
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 $39,000. The most common annual income of people living in Detroit, MI is between $35k-100k. 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 2977 Canton St in Detroit, MI and zip code 48207 in the Lower East neighborhood. This 2,730 square foot home, which was built in 1909, sits on a 0.08 acre lot. Features: 3 bathrooms. It has been listed on Rocket Homes since April 17, 2025 and is currently priced at $300,000.
Detroit, MI housing market in March 2025 saw over 91 listings sold above listed price, more than 81 sold at listed price and over 203 sold below. The inventory of homes for sale in Detroit, MI between February and March 2025 increased by 14.9%. Listings spent 51 days on the market in March 2025, and had a median list price of $89,542 during the same period.