New - 21 hours on Rocket
$474 Closing Credit¹
#20250015160, Mark Poloney, Listing Office: RE/MAX First
$42,500 List price
3028 Gray St Detroit, MI 48215
$505
Closing credit¹
2 full
2,366 sqft
0.10 acres
$18 / sqft
Multi-Family
Property details
About 3028 Gray St
Located in a thriving, up-and-coming neighborhood, 3028 Gray offers a fantastic opportunity for investors or buyers looking for a manageable rehab project. This duplex provides two separate units, offering flexibility for either rental income or as a future home. The neighborhood is home to a large Detroit employer, adding to the appeal of the location and ensuring a steady demand for housing. In addition, the community boasts great neighbors who take pride in their homes, creating a welcoming atmosphere for residents. With minimal updates needed, including furnace installation and some minor bathroom improvements, this property is an excellent investment in a growing area with a lot of upside. The affordable price point and the neighborhood’s revitalization make 3028 Gray an attractive choice for those looking to capitalize on Detroit’s real estate market. Key Features: Duplex with two separate units Furnace installation and bathroom updates required Great investment potential in a developing neighborhood with a large Detroit employer Friendly, well-established neighbors contributing to a tight-knit community Close to local amenities, shops, and public transportation Land Bank Notes: Land Bank property requiring furnace installation and bathroom updates to meet inspection standards Ideal for investors looking for a property with minimal rehab needed to pass Land Bank inspection Affordable opportunity to enter Detroit’s real estate market with high potential for long-term value
Highlights
Home typeMulti Family
HeatingForced Air, Hot Water, Natural Gas
StatusActive
Size2,366 sqft
BasementYes
Lot size0.1 Acres
Year built1924
ParkingOne Car Garage
MLS #20250011630
Garage1 space
Summary
- MLS Number: 20250011630
- MLS Name: Realcomp II Ltd
- Office Name: KW Metro
- Office Phone: (248) 288-3500
- Listing Agent: Brock House
Disclaimer: 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: 3/10/2025, 7:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$42,500
3028 Gray St
$505
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $5,100 | $1,196 |
| 2023 | $4,200 | $1,196 |
| 2022 | $11,000 | $644 |
| 2021 | $8,400 | $644 |
| 2020 | $10,800 | $599 |
| 2018 | $3,000 | $599 |
| 2017 | $8,700 | $633 |
History based on county public records data.
Nearby schools
6
George Defer Elementary School
Public District KG-5
1.2 mi
•15425 Kercheval Ave
1
Marvin L Winans Academy Elementary School
Public Charter KG-5
2.3 mi
•9740 McKinney St
1
Wayne Elementary School
Public District PK-5
2.4 mi
•10633 Courville 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 $18,462. The majority of Detroit, MI residents have income less than $<35k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
75%
<35k
23%
35k-100k
2%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
61%
Single, No Kids
23%
Single, with Kids
12%
Married, No Kids
4%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
10%
12-17 yrs old
24%
18-34 yrs old
38%
35-64 yrs old
15%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
Burlington
H&M
Foot Locker
Where do the neighbors go to eat?
White Castle
Boston Market
Little Caesars
What do the neighbors drive?
Kia
Honda
Dodge
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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This home is located at 3028 Gray St in Detroit, MI and zip code 48215 in the Lower East neighborhood. This 2,366 square foot home, which was built in 1924, sits on a 0.10 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since February 22, 2025 and is currently priced at $42,500.
In February 2025, from all listings sold in Detroit, MI there were more than 68 sold above asking price, over 203 sold below and more than 60 were sold right at the asked price. 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.