For sale

$125,000

18427 Ryan Rd, Detroit, MI 48234

5beds

3,000sqft

$1,118/mo

Get pre-qualified

Multi Family

Built in 1930

-- sqft lot

$-- Zestimate^®

$42/sqft

$-- HOA

What's special

Invest in Detroit's Future! Expansive Lot with Airbnb Potential Position yourself for success with this incredible investment opportunity located just a few minutes from vibrant downtown Detroit. The value here lies in the exceptional lot, a rare find with substantial space on both sides, perfect for developing a profitable Airbnb business. Imagine the possibilities for a unique outdoor entertainment area, additional units, or private parking. While this home may need some TLC, its strategic location is the key asset. The property is sold exclusively to a cash buyer on an as-is, no repairs, inspection for informational purposes only, no contingencies basis for a quick and simple closing. This is your chance to get in on the ground floor and ride the wave of Detroit's ongoing revitalization. Seize this opportunity to create and profit. This is a cash-only transaction. BTVAI.

52 days

287

8

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 1
Full bathrooms: 2
1/2 bathrooms: 1

Heating

Forced Air, Natural Gas

Cooling

Central Air, Window Units

Appliances

Laundry: Electric Dryer Hookup, In Unit, Washer Hookup

Features

Basement: Common,Full,Unfinished
Has fireplace: No

Interior area

Total interior livable area: 3,000 sqft
Finished area above ground: 3,000

Property

Parking

Total spaces: 6
Parking features: Garage, Oversized, Shared Driveway
Has garage: Yes

Features

Levels: Two
Stories: 2
Patio & porch: Covered, Enclosed, Porch
Exterior features: Private Entrance
Pool features: None
Fencing: Back Yard,Fencing Allowed

Lot

Size: 3,920 Square Feet
Dimensions: 40 x 100

Details

Parcel number: W13I020970S
Zoning description: MultiFamily
Special conditions: Agent Owned,Short Sale No

Construction

Type & style

Home type: MultiFamily
Architectural style: Upper Lower Apartment
Property subtype: Multi Family

Materials

Brick, Vinyl Siding
Foundation: Basement, Block
Roof: Asphalt

Condition

New construction: No
Year built: 1930

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer, Sewer At Street
Water: Public
Utilities for property: Above Ground Utilities

Community & HOA

Community

Features: Sidewalks
Subdivision: DODGE LAND

Location

Region: Detroit

Financial & listing details

Price per square foot: $42/sqft
Tax assessed value: $6,010
Annual tax amount: $852
Date on market: 6/27/2026
Cumulative days on market: 53 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional

Estimated market value

Not available

Estimated sales range

Not available

$1,043/mo

Price history

Date	Event	Price
6/27/2026	Listed for sale	$125,000+4.2%$42/sqft
Source: Realcomp II #20261047721 Report a problem
10/6/2025	Listing removed	$120,000$40/sqft
Source: Realcomp II #20251038983 Report a problem
9/23/2025	Listed for sale	$120,000+5245.2%$40/sqft
Source: Realcomp II #20251038983 Report a problem
7/25/2012	Sold	$2,245-39.2%$1/sqft
Source: Public Record Report a problem
4/19/2012	Sold	$3,695$1/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$17,500 +23.2%
2024	--	$14,200 +22.4%
2023	--	$11,600 +4.5%
2022	--	$11,100 +13.3%
2021	--	$9,800
2020	$417 -45%	$9,800 +5.4%
2019	$759	$9,300 -1.1%
2018	$759	$9,400 +6.8%
2017	--	$8,800 -64.9%
2016	$1,008	$25,100 +356.4%
2015	$1,008 +47.8%	$5,500 -19.3%
2013	$682 -32.4%	$6,818 -31.8%
2010	$1,008	$9,996 -12%
2009	--	$11,359 -13.5%
2008	--	$13,132
2007	--	$13,132 +5.5%
2005	$140	$12,447 +3%
2004	--	$12,084 +15.8%
2001	$869	$10,436