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Off market
  • $796,000

    223 E Ferry St, Detroit, MI 48202

    7beds
    6,745sqft
    MultiFamily
    Built in 1900
    -- sqft lot
    $796,000 Zestimate®
    $118/sqft
    $1,391 Estimated rent

    Home value

    $796,000

    $693,000 - $907,000

    $1,391/mo

    Zestimate® history
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    $5,459/mo

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    What's special

    If these walls could talk...this Art Center mansion, originally the Rufus Goodell house, has lived many lives. It was converted into tenement housing in the 1940s, and is currently a 10-unit apartment building, with the same owner for the past 4 decades. So many historic details are still in tact, like original carved wood and wet plaster molding, fireplaces with the original tile, slate roof, stained glass, seven-point star copper window details, and beautiful wood floors. There is so much potential here, and future use could continue as a fully operational 10 unit apartment building, short term rentals, condo conversion, or even office use. Six units in the main structure, potential for 4 in the carriage house, possibly even basement "garden level" living space. Several units will need to be renovated to be operational once again. Brand new boiler services both the house and carriage house. Security camera system in place. Square footage is main house and carriage house combined. Art Center is the north part of Midtown, named for its proximity to the DIA and CCS. One block from major transportation lines, and shops and restaurants. NEZ-New/Rehab and NEZ-Homestead districts already in place. Zoned R5. East Ferry Avenue historic district.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 11
    • Full bathrooms: 11
    Heating
    • Forced air, Gas
    Features
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 6,745 sqft

    Property

    Features
    • Exterior features: Stone, Brick
    Lot
    • Size: 0.26 Acres
    Details
    • Parcel number: 01001502

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1900

    Community & neighborhood

    Location
    • Region: Detroit

    Price history

    DateEventPrice
    12/5/2022Sold$735,000-26.5%$109/sqft
    Source: Realcomp II #20221015759 Report a problem
    10/22/2022Pending sale$1,000,000$148/sqft
    Source: BHHS broker feed #20221015759 Report a problem
    7/15/2022Listed for sale$1,000,000$148/sqft
    Source: Realcomp II #20221015759 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $415,000 +150.8%
    2024-- $165,500 +21.5%
    2023-- $136,200 +38%
    2022-- $98,700 +8%
    2021-- $91,400
    2020$2,737 +6.2%$91,400 +43.9%
    2019$2,577 $63,500 +15.9%
    2018$2,577 $54,800 +13%
    2017-- $48,500 -84.6%
    2016$1,964 $315,200 +573.5%
    2015$1,964 -25.4%$46,800 -5%
    2013$2,633 +34.1%$49,238 -31.8%
    2010$1,964 $72,190 -18%
    2009-- $88,037 -11.5%
    2008-- $99,477
    2007-- $99,477 +5.5%
    2005$264 $94,291 +3%
    2004-- $91,545

    Find assessor info on the county website

    Neighborhood: Art Center

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $796,000
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    Estimated market value
    $796,000