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Off market
  • Tax assessed value
    $23,300

    3934 Helen St, Detroit, MI 48207

    4beds
    3,084sqft
    MultiFamily
    Built in 1916
    -- sqft lot
    $-- Zestimate®
    $8/sqft
    $1,212 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,212/mo

    Zestimate® history
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    $134/mo

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    What's special

    Curb appeal foundation established

    Grand Victorian Investment Opportunity – Prime Detroit Multi-Family Rare Find: Historic 3,084 SF Multi-Family Gem with Major Exterior Work Complete Discover an exceptional value-add opportunity just minutes from downtown Detroit. This substantial 1916-built multi-family property in the Gratiot-Grand neighborhood combines old-world craftsmanship with modern investment potential—and significant exterior restoration already invested. What I Love About This Home This is a beautiful brick home situated on a great block in an up-and-coming neighborhood that's close to downtown. The solid construction, tree-lined street, and proximity to all that downtown Detroit has to offer make this a rare opportunity for investors who can see the potential beneath the surface. Property Highlights ??? Impressive Scale & Bones Generous 3,084 square feet across multiple units Solid century-old construction built to last 2 bedrooms | 3 bathrooms Expansive 6,534 SF lot providing excellent land value ?? Unbeatable Location Minutes from downtown Detroit – prime proximity to employment, entertainment & dining Major corridor access via Gratiot Avenue Established Gratiot-Grand neighborhood with strong fundamentals Riding the wave of Detroit's urban renaissance ? Major Exterior Investment Complete Extensive professional brickwork throughout the property Missing bricks replaced on main structure, front steps, and porch Structural integrity enhanced and preserved Curb appeal foundation established Costly exterior restoration work already handled ?? Investment Advantages Multi-family income potential – multiple revenue streams from day one Downtown proximity drives strong rental demand and appreciation Reduced renovation timeline – significant exterior work complete Strong fundamentals – robust structure with recent masonry investment ZIP 48207 – positioned in Detroit's growth corridor The Opportunity This is a full rehabilitation project ideal for experienced investors, developers, or renovation specialists seeking substantial upside. With the costly and labor-intensive brickwork already completed, you can focus your budget and efforts on interior transformation and systems upgrades. Important Note: Buyer may be required to enter into a development agreement with the City of Detroit outlining rehabilitation timeline and scope of work. The grand scale, solid foundation, completed exterior masonry, and downtown proximity provide the perfect platform for transformation into: High-end multi-family rental units capitalizing on downtown worker demand Owner-occupied multi-generational home with income potential Luxury conversion showcasing historic character Value-add flip with significant profit margins Perfect for: Investors seeking cashflow properties | Fix-and-flip specialists | Developers with vision | Portfolio builders ?? 3934 Helen Street, Detroit, MI 48207 Smart money starts here. Exterior foundation complete, downtown minutes away—bring your interior vision and capture the upside. Development Agreement: Prospective buyers should be prepared to work with the City of Detroit on rehabilitation commitments.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Forced air, Gas
    Features
    • Basement: Unfinished
    Interior area
    • Total interior livable area: 3,084 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage - Detached
    Features
    • Exterior features: Brick
    Lot
    • Size: 6,534 Square Feet
    Details
    • Parcel number: 15008842

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1916

    Utilities & green energy

    • Sewer: Sewer at Street
    • Water: Municipal Water

    Community & HOA

    Location
    • Region: Detroit

    Financial & listing details

    • Price per square foot: $8/sqft
    • Tax assessed value: $23,300

    Price history

    DateEventPrice
    8/11/2026Listing removed--
    Source: Owner Report a problem
    5/13/2026Listed for sale$100,000$32/sqft
    Source: Owner Report a problem
    2/12/2026Pending sale$100,000$32/sqft
    Source: Owner Report a problem
    1/10/2026Listed for sale$100,000+104.1%$32/sqft
    Source: Owner Report a problem
    3/2/2023Listing removed$49,000$16/sqft
    Source: Realcomp II #20221025413 Report a problem
    12/29/2022Price change$49,000-14%$16/sqft
    Source: Realcomp II #20221025413 Report a problem
    9/10/2022Price change$57,000-18.5%$18/sqft
    Source: Realcomp II #20221025413 Report a problem
    8/15/2022Listed for sale$69,900+84.9%$23/sqft
    Source: Realcomp II #20221025413 Report a problem
    2/1/2019Listing removed$37,800$12/sqft
    Source: Hawkins Realty Group, Inc #218104233 Report a problem
    10/24/2018Price change$37,800-1.8%$12/sqft
    Source: Hawkins Realty Group, Inc #218104233 Report a problem
    8/8/2018Price change$38,500-14.4%$12/sqft
    Source: Hawkins Realty Group, Inc #218062920 Report a problem
    7/10/2018Listed for sale$45,000$15/sqft
    Source: Hawkins Realty Group, Inc #218062920 Report a problem
    12/27/2002Sold$45,000$15/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $23,300 +25.9%
    2024-- $18,500 +18.6%
    2023-- $15,600 +20.9%
    2022-- $12,900 -5.8%
    2021-- $13,700
    2020$712 -43.4%$13,700 +21.2%
    2019$1,257 $11,300 +6.6%
    2018$1,257 $10,600 +863.6%
    2017-- $1,100 -86.4%
    2016$1,112 $8,100 +326.3%
    2015$1,112 +24.7%$1,900 -78.7%
    2013$892 -19.8%$8,920 -31.8%
    2010$1,112 $13,078 -12%
    2009-- $14,861 -13.5%
    2008-- $17,180
    2007-- $17,180 +5.5%
    2005$198 $16,284 +3%
    2004-- $15,810
    Find assessor info on the county website

    Neighborhood: Gratiot-Grand

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Detroit

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.