Excellent investment opportunity in Detroit’s desirable Russell Woods neighborhood! This solid brick two-family home offers incredible potential for investors or owner-occupants looking to build equity. Conveniently located near shopping, parks, schools, public transportation, and everyday amenities. Property is being sold as-is and does require some TLC, making it the perfect chance to renovate, customize, and add value. Whether you're looking to expand your investment portfolio or create your dream home while generating rental income, this property is full of possibilities.
For sale
$75,000
4317 Waverly St, Detroit, MI 48238
4beds
2sqft
Multi Family
Built in 1926
-- sqft lot
$-- Zestimate®
$37,500/sqft
$-- HOA
What's special
Solid brick two-family home
- 20 days |
- 320 |
- 23 |
Zillow last checked:
Listing updated:
Listed by:
Anthony R Raffin 586-773-4400,
RE/MAX First 586-773-4400
Source: MiRealSource,MLS#: 50211561
Originating MLS: MiRealSource
Originating MLS: MiRealSourceLoading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air
Features
- Has basement: Yes
- Number of fireplaces: 2
- Fireplace features: Living Room
Interior area
- Total structure area: 2
- Total interior livable area: 2 sqft
Property
Features
- Levels: Two
- Stories: 2
- Frontage length: 35
Lot
- Size: 3,484 Square Feet
- Dimensions: 35 x 100
Details
- Parcel number: 14005389.
- Special conditions: HUD Owned
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Foundation: Basement
Condition
- Year built: 1926
Utilities & green energy
- Gas: Natural Gas
- Sewer: Public At Street
- Water: Public
Community & HOA
Community
- Subdivision: Russell Woods
Location
- Region: Detroit
Financial & listing details
- Price per square foot: $37,500/sqft
- Tax assessed value: $40,800
- Annual tax amount: $9,453
- Date on market: 6/16/2026
- Cumulative days on market: 22 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash
Estimated market value
Not available
Estimated sales range
Not available
$1,405/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/16/2026 | Listed for sale | $75,000+66.7%$37,500/sqft |
Source:  MiRealSource #50211561 Report a problem | ||
| 3/11/2025 | Sold | $45,000-55%$22,500/sqft |
Source: Public Record Report a problem | ||
| 5/23/2024 | Sold | $100,000+42.9%$50,000/sqft |
Source: Public Record Report a problem | ||
| 10/11/2023 | Listing removed | -- |
Source:  Realcomp II #20230050951 Report a problem | ||
| 7/20/2023 | Price change | $70,000-6.7%$35,000/sqft |
Source: Realcomp II #20230050951 Report a problem | ||
| 6/24/2023 | Listed for sale | $75,000$37,500/sqft |
Source: Realcomp II #20230050951 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $40,800 +22.9% |
| 2024 | -- | $33,200 +26.2% |
| 2023 | -- | $26,300 +35.6% |
| 2022 | -- | $19,400 +7.8% |
| 2021 | -- | $18,000 |
| 2020 | $1,872 +53.2% | $18,000 +31.4% |
| 2019 | $1,222 | $13,700 -2.1% |
| 2018 | $1,222 | $14,000 +1.4% |
| 2017 | -- | $13,800 -50.4% |
| 2016 | $1,121 | $27,800 +167.3% |
| 2015 | $1,121 +6.1% | $10,400 -27.7% |
| 2013 | $1,057 -5.7% | $14,394 -30.2% |
| 2010 | $1,121 | $20,624 -12% |
| 2009 | -- | $23,436 -10.5% |
| 2008 | -- | $26,185 |
| 2007 | -- | $26,185 +5.5% |
| 2005 | $106 | $24,820 +3% |
| 2004 | -- | $24,097 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Russell Woods
Nearby schools
GreatSchools rating
- 3/10Durfee Elementary-Middle SchoolGrades: PK-8Distance: 1.3 mi
- 4/10Central Collegiate AcademyGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- District: Detroit City School District
Source: MiRealSource. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Michigan
- Wayne County
- Detroit
- 48238
- Russell Woods
- 4317 Waverly St
Nearby cities
Nearby neighborhoods
Nearby zip codes
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