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Pending
  • $175,000

    2463 Ford St, Detroit, MI 48238

    5beds
    2,400sqft
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    Duplex
    Built in 1925
    -- sqft lot
    $173,400 Zestimate®
    $73/sqft
    $-- HOA

    What's special

    Brand new plumbingBrand new furnacesNew paint throughoutUpdated electrical systemsFreshly renovated bathrooms
    REDUCED! FULLY RENOVATED CASH-FLOW GEM NEAR BOSTON EDISON DISTRICT LOCATED JUST SIX MINUTES FROM THE HISTORIC BOSTON EDISON DISTRICT, THIS EXCEPTIONAL DUPLEX AT 2463 FORD SITS NESTLED ON A 3,485 SQ. FT. LOT IN A QUIET, STABLE NEIGHBORHOOD OF HOMEOWNERS. THIS JEWEL IS AN INVESTOR’S DREAM, FEATURING SIGNIFICANT RECENT CAPITAL IMPROVEMENTS DESIGNED FOR LOW-MAINTENANCE OPERATION: EXTERIOR: BRAND NEW TEAR-OFF 40-YEAR CROWN ROOF, GUTTERS, AND TRIM. MOST WINDOWS HAVE BEEN UPGRADED TO TOP-OF-THE-LINE, MAINTENANCE-FREE, LOW-E APPOINTMENTS. SYSTEMS: BRAND NEW FURNACES AND NEWLY INSTALLED HOT WATER TANKS, BRAND NEW PLUMBING, AND UPDATED ELECTRICAL SYSTEMS ENSURE HASSLE-FREE CASH FLOW FOR YEARS TO COME. INTERIORS: TWO SPACIOUS UNITS (ONE TWO-BEDROOM, ONE THREE-BEDROOM) FEATURE FRESHLY RENOVATED BATHROOMS, NEW PAINT THROUGHOUT, AND NEWLY REFURBISHED OR CURATED HARDWOOD FLOORS. INVESTMENT HIGHLIGHTS: THIS PROPERTY OFFERS GUARANTEED MONTHLY RENTS OF $2500 AND TENANTS PAY ALL UTILITIES, ALLOWING THIS INVESTMENT TO GENERATE A ROBUST RETURN ON INVESTMENT OF JUST UNDER 20 PERCENT. TAXES HAVE BEEN SUCCESSFULLY REDUCED TO APPROXIMATELY $200 PER MONTH. THIS DIAMOND IS READY TO BE WRAPPED AROUND A LUCKY OWNER'S FINGER SOON! NOTE: NO SHOWINGS WITHOUT AN ACCEPTED FULL-LIST OFFER. LET'S CLOSE
    194 days
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    17
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    0
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    Zillow last checked:

    Listing updated:

    Listed by:

    Marta Kopania 734-301-6553,

    Realtyflo Inc 313-466-7253

    Source: Realcomp II,MLS#: 20251052226MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Natural Gas, Wall Furnace
      Features
      • Basement: Unfinished
      • Has fireplace: No
      Interior area
      • Total interior livable area: 2,400 sqft
      • Finished area above ground: 2,400

      Property

      Features
      • Levels: Two
      • Stories: 2
      • Pool features: None
      Lot
      • Size: 3,484 Square Feet
      • Dimensions: 35 x 100
      Details
      • Parcel number: W10I004436S
      • Zoning description: MultiFamily
      • Special conditions: Short Sale No,Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Duplex
      • Property subtype: Duplex
      Materials
      • Vinyl Siding
      • Foundation: Basement, Block
      Condition
      • New construction: No
      • Year built: 1925
      • Major remodel year: 2025

      Utilities & green energy

      • Sewer: Sewer At Street
      • Water: Waterat Street

      Community & HOA

      Community
      • Subdivision: ROBERT OAKMANS TWELFTH ST
      Location
      • Region: Detroit

      Financial & listing details

      • Price per square foot: $73/sqft
      • Tax assessed value: $25,465
      • Annual tax amount: $2,436
      • Date on market: 11/6/2025
      • Cumulative days on market: 194 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional
      • Exclusions: Exclusion(s) Do Not Exist

        Estimated market value

        $173,400

        $165,000 - $182,000

        $1,061/mo

        Price history

        DateEventPrice
        5/1/2026Pending sale$175,000$73/sqft
        Source: Realcomp II #20251052226 Report a problem
        4/24/2026Listed for sale$175,000$73/sqft
        Source: Realcomp II #20251052226 Report a problem
        4/21/2026Pending sale$175,000$73/sqft
        Source: Realcomp II #20251052226 Report a problem
        3/27/2026Price change$175,000-10.3%$73/sqft
        Source: Realcomp II #20251052226 Report a problem
        3/22/2026Price change$195,000-2.5%$81/sqft
        Source: Realcomp II #20251052226 Report a problem
        3/11/2026Price change$200,000-4.3%$83/sqft
        Source: Realcomp II #20251052226 Report a problem
        3/2/2026Price change$209,000-0.5%$87/sqft
        Source: Realcomp II #20251052226 Report a problem
        2/19/2026Listed for sale$210,000$88/sqft
        Source: Realcomp II #20251052226 Report a problem
        1/16/2026Pending sale$210,000$88/sqft
        Source: Realcomp II #20251052226 Report a problem
        1/5/2026Price change$210,000-6.3%$88/sqft
        Source: Realcomp II #20251052226 Report a problem
        12/18/2025Price change$224,000-0.4%$93/sqft
        Source: Realcomp II #20251052226 Report a problem
        12/3/2025Price change$225,000-10%$94/sqft
        Source: Realcomp II #20251052226 Report a problem
        11/24/2025Price change$250,000-5.7%$104/sqft
        Source: Realcomp II #20251052226 Report a problem
        11/14/2025Price change$265,000-3.6%$110/sqft
        Source: Realcomp II #20251052226 Report a problem
        11/6/2025Listed for sale$275,000+816.7%$115/sqft
        Source: Realcomp II #20251052226 Report a problem
        12/20/2023Sold$30,000+5.3%$13/sqft
        Source: Public Record Report a problem
        2/20/2019Listing removed$625
        Source: City Management Group Report a problem
        1/14/2019Listed for rent$625
        Source: City Management Group Report a problem
        3/8/2016Sold$28,500+714.3%$12/sqft
        Source: Public Record Report a problem
        6/22/2011Sold$3,500$1/sqft
        Source: MiRealSource #31048262 Report a problem
        4/23/2011Price change$3,500-16.7%$1/sqft
        Source: RE/MAX in the Hills #31048262 Report a problem
        3/18/2011Listed for sale$4,200-86.8%$2/sqft
        Source: RE/MAX Report a problem
        3/18/2010Sold$31,914-19.4%$13/sqft
        Source: Public Record Report a problem
        1/11/2005Sold$39,584-11.8%$16/sqft
        Source: Public Record Report a problem
        11/3/2003Sold$44,905$19/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $24,700 +24.7%
        2024-- $19,800 +22.2%
        2023-- $16,200 +21.8%
        2022-- $13,300 -11.9%
        2021-- $15,100
        2020$1,396 +5%$15,100 +7.9%
        2019$1,329 $14,000 +16.7%
        2018$1,329 $12,000 +7.1%
        2017-- $11,200 -67.8%
        2016$1,093 $34,800 +251.5%
        2015$1,093 +7.2%$9,900 -28%
        2013$1,019 -6.8%$13,750 +24.9%
        2010$1,093 $11,011 -12%
        2009-- $12,513 -10.5%
        2008-- $13,981
        2007-- $13,981 +5.5%
        2005$162 $13,252 +3%
        2004-- $12,866 +87.5%
        2001$509 +11%$6,862 +3.2%
        2000$458 $6,650

        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Oakman

        Getting around

        64 / 100
        Somewhat Walkable
        49 / 100
        Some Transit
        55 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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