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$1,300,000

3401 Michigan Ave Detroit, MI 48216

2 beds
2 full
3,000 sqft
0.10 acres
$433 / sqft
House

Property details

About 3401 Michigan Ave

Experience the perfect blend of historic charm and modern luxury in this meticulously converted former commercial bank, now a stunning single-family residence. Located in West Corktown Detroit, this unique property offers 2 spacious bedrooms, an office, 2 full bathrooms across 3,000 square feet of thoughtfully designed living space. Originally constructed in 1925, the building’s rich history is preserved through its limestone façade and architectural details, while the interior has been transformed to meet contemporary standards. The open-concept layout features high ceilings, exposed brick walls, and large windows that flood the space with natural light. The gourmet kitchen features custom cabinetry, and a large island, making it a chef’s dream. The master suite includes a luxurious en-suite bathroom with modern fixtures and finishes. Additional bedrooms offer ample space and comfort. A private outdoor courtyard provides a serene retreat for relaxation or entertaining guests. The property also includes an expansive basement, offering additional space for a home office, gym, or entertainment area. Situated within the Michigan Avenue Historic Commercial District, this home is not only a residence but a piece of Detroit’s cultural heritage. Its location offers easy access to local shops, restaurants, and entertainment venues, embodying the vibrant spirit of the city. Previously used as a commercial bank, this property offers many prime multi purpose options! Can be sold as a bundle with the building next door that's currently being used as a profitable Airbnb 3415 Michigan Ave.

Highlights

Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
Size3,000 sqft
BasementYes
Lot size0.1 Acres
Year built1925
ParkingNo Garage
MLS #20250028849

Summary

  • Full Bathrooms: 2
  • Basement: Yes
  • Total Bedroom Count: 2
  • Attached Garage: No
  • Parking: No Garage
  • Architectural Style: Other
  • Heating: Forced Air, Natural Gas
  • List Price: $1,300,000
  • Price/SqFt: $433
  • Annual Tax Amount: $2,028
  • Tax Year: 2024
  • Directions: EAST ON MICHIGAN AVE SOUTH AT CORNER OF 23 RD STREET
  • Year Built: 1925
  • Living Area: 3,000 SqFt
  • Lot Size: 0.1 Acres
  • MLS Number: 20250028849
  • MLS Name: Realcomp II Ltd
  • Office Name: Keller Williams Legacy
  • Office Phone: (313) 752-0000
  • Listing Agent: Endrina Malkowski, Ronnie Ahmad

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: 7/2/2025, 7:45:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Nov 13, 2013
Home Sold
$28,470

Tax history

YearAssessmentProperty Tax
2024$139,800$2,028
2023$105,900$2,028
2022$134,600$1,211
2021$66,400$1,211
2020$63,400$837
2018$9,200$837
2017$8,600$696

History based on county public records data.

Nearby schools

2

Maybury Elementary School

Public District PK-5

1.0 mi

4410 Porter St

2

Academy of the Americas at Logan

Public District KG-3

1.6 mi

3811 Cicotte St

1

Cesar Chavez Academy Intermediate School

Public Charter 3-5

1.8 mi

4100 Martin St

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 $39,136. Most Detroit, MI residents have annual incomes between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

41%
<35k
51%
35k-100k
7%
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?

48%
Single, No Kids
32%
Single, with Kids
8%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

20%
<11 yrs old
12%
12-17 yrs old
23%
18-34 yrs old
38%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • BurlingtonBurlington
  • Foot LockerFoot Locker
  • Ross Dress For LessRoss Dress For Less

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Little CaesarsLittle Caesars
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • KiaKia
  • DodgeDodge
  • NissanNissan

What do the neighbors listen to?

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

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Frequently asked questions

About 3401 Michigan Ave

The listing price of 3401 Michigan Ave property is $1,300,000.

The property 3401 Michigan Ave is a house located in Detroit, Michigan, 48216.

Active Listing: 3401 Michigan Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 3401 Michigan Ave are: Maybury Elementary School (GreatSchools Rating 2/10), Academy of the Americas at Logan (GreatSchools Rating 2/10), Cesar Chavez Academy Intermediate School (GreatSchools Rating 1/10), Clippert Academy (GreatSchools Rating 5/10), Burton International Academy (GreatSchools Rating 2/10), Escuela Avancemos (GreatSchools Rating 2/10), Covenant House Academy Detroit Central Site (GreatSchools Rating 2/10), Legacy Academy (GreatSchools Rating 2/10), Covenant House Academy Detroit Southwest Site (GreatSchools Rating 1/10).

According to the records, the last property tax for 2024 is $2,028 (source: MLS/based on county public records data).

The last sale was on November 13, 2013 for $28,470 (source: MLS/tax record).

The property at 3401 Michigan Ave has 2 bedrooms and 2 bathrooms.

The property 3401 Michigan Ave is 3,000 SqFt (source: MLS/tax record).

The year of construction for 3401 Michigan Ave is 1925.

This home is located at 3401 Michigan Ave in Detroit, MI and zip code 48216 in the Near West neighborhood. This 3,000 square foot home, which was built in 1925, sits on a 0.10 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 6, 2025 and is currently priced at $1,300,000.

While more than 79 listings in Detroit, MI in June 2025 were sold above asking price, there were more than 74 listings sold at asking price, and more than 144 were sold below. Between May and June 2025, Detroit, MI real estate market has seen increase in the number of listings by 16.7%. In June 2025, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $92,746.

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

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