Investor's Dream Opportunity in Islandview! this multi-family home offers endless potential in the highly desirable Islandview area (ZIP code 48207). Excellent ARV comps and high rental income potential in this sought-after market. Just steps away from the iconic Heidelberg Project, this property is perfectly positioned to capture the area's vibrant culture and future growth. Minutes from Detroit’s downtown attractions, the Riverwalk, and Islandview’s emerging developments, this 2-unit 4 Bedroom 2 Bath has a spacious layout with 1,900 sq ft of living space. The lot Size is 2,614 sq. ft., built in 1910, retaining historic charm. This property is an ideal choice for investors seeking to maximize rental income or for developers looking to create a standout project in one of Detroit's hottest neighborhoods. With nearby amenities and the ongoing revitalization of Islandview, this is a rare opportunity to be part of the city's growth story. Being sold as-is. Buyer to pay all closing costs. Please reach Brock at 248-388-4552 for additional info.
Sold for $25,000
$25,000
3032 Mount Elliott St, Detroit, MI 48207
4beds
1,900sqft
MultiFamily
Built in 1910
-- sqft lot
$25,900 Zestimate®
$13/sqft
$1,212 Estimated rent
Home value
$25,900
$23,000 - $29,000
$1,212/mo
Zestimate® history
Owner options
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$1,212/mo
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$1,212/mo
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$144/mo
Est. payment
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$144/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced air
Features
- Flooring: Hardwood
- Basement: Partially finished
Interior area
- Total interior livable area: 1,900 sqft
Property
Features
- Exterior features: Shingle, Wood
Lot
- Size: 2,700 sqft
Details
- Parcel number: 15013975
Construction
Type & style
- Home type: MultiFamily
Materials
- Frame
- Roof: Asphalt
Condition
- Year built: 1910
Community & neighborhood
Location
- Region: Detroit
Price history
| Date | Event | Price |
|---|---|---|
| 8/27/2025 | Sold | $25,000$13/sqft |
Source: Public Record Report a problem | ||
| 6/10/2025 | Listed for sale | $25,000-35.9%$13/sqft |
Source: | ||
| 6/2/2025 | Listing removed | $39,000$21/sqft |
Source: | ||
| 4/22/2025 | Listed for sale | $39,000-22%$21/sqft |
Source: | ||
| 2/18/2025 | Listing removed | -- |
Source: Owner Report a problem | ||
| 11/20/2024 | Listed for sale | $50,000-12.3%$26/sqft |
Source: Owner Report a problem | ||
| 11/12/2024 | Listing removed | $57,000-9.5%$30/sqft |
Source: | ||
| 5/15/2024 | Listed for sale | $63,000-20.3%$33/sqft |
Source: | ||
| 2/5/2024 | Listing removed | -- |
Source: Owner Report a problem | ||
| 11/6/2023 | Listed for sale | $79,000+6941%$42/sqft |
Source: Owner Report a problem | ||
| 4/1/2010 | Sold | $1,122$1/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $41,900 +27.7% |
| 2024 | -- | $32,800 +62.4% |
| 2023 | -- | $20,200 +38.4% |
| 2022 | -- | $14,600 +2.8% |
| 2021 | -- | $14,200 |
| 2020 | $956 +298.2% | $14,200 +34% |
| 2019 | $240 | $10,600 +8.2% |
| 2018 | $240 | $9,800 -2% |
| 2017 | -- | $10,000 -73.3% |
| 2016 | $585 | $37,500 +1530.4% |
| 2015 | $585 +133.8% | $2,300 -8.1% |
| 2013 | $250 -57.2% | $2,503 -31.8% |
| 2010 | $585 | $3,670 -12% |
| 2009 | -- | $4,170 -13.5% |
| 2008 | -- | $4,821 |
| 2007 | -- | $4,821 +5.5% |
| 2005 | $45 | $4,570 +3% |
| 2004 | -- | $4,437 -2.5% |
| 2001 | -- | $4,550 |
Find assessor info on the county website
Neighborhood: Islandview
Nearby schools
GreatSchools rating
- 4/10Garvey AcademyGrades: PK-8Distance: 0.7 mi
- 3/10Southeastern High SchoolGrades: 9-12Distance: 2.1 mi
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Estimated market value
$25,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$25,900
- Michigan
- Wayne County
- Detroit
- 48207
- Islandview
- 3032 Mount Elliott St
