***BRING YOUR DREAMS AND YOUR TOOLBELT*** A rare opportunity in Wyandotte, this turn-of-the-century farmhouse offers over 2,300 sq ft of space—plus a full, light-filled basement—to shape into the dream home you’ve always envisioned. Stripped to the studs and ready for transformation, the home provides a blank canvas with the possibility for up to 5 bedrooms and 3+ bathrooms, giving you flexibility to craft a layout that perfectly suits your needs.
Professionally drawn architectural renderings and concept floor plans are available to help spark your imagination and showcase one stunning vision of what this classic gem can become. High ceilings, large formal rooms, and a traditional flow are already framed in, while touches of original charm—antique radiators, solid doors, and built-in millwork—offer the chance to blend timeless character with modern luxury.
The expansive kitchen footprint could easily host a generous island, sit-in breakfast nook, and even a walk-in pantry or chef’s office. The full basement, complete with large windows and a rear walkout stairwell, offers incredible potential for additional living space, workshop, or hobby area.
Situated on a corner lot in a desirable neighborhood, the property also includes two additional lots, with the possibility of splitting to create an additional buildable homesite. Picture a sweeping wraparound porch—common among neighboring homes—adding instant curb appeal and transforming this property into a showstopping standout.
The possibilities here are endless. Whether you follow the renderings or bring your own vision, this is a rare canvas to create a truly custom home. SO MUCH POTENTIAL—you must see it to believe it!
For sale
Price increase: $225K (7/29)
$425,000
505 Forest St, Wyandotte, MI 48192
5beds
2,378sqft
Single Family Residence
Built in 1899
0.32 Acres Lot
$410,600 Zestimate®
$179/sqft
$-- HOA
What's special
- 166 days
- 336
- 10
Zillow last checked:
Listing updated:
Listed by:
Aaron Dake 734-284-5400,
Real Estate One-Southgate 734-284-5400
Source: Realcomp II,MLS#: 20261018086
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Level: Second
- Area: 240
- Dimensions: 16 X 15
Bedroom
- Level: Entry
- Area: 120
- Dimensions: 12 X 10
Bedroom
- Level: Second
- Area: 121
- Dimensions: 11 X 11
Bedroom
- Level: Second
- Area: 136
- Dimensions: 17 X 8
Bedroom
- Level: Second
- Area: 136
- Dimensions: 17 X 8
Primary bathroom
- Level: Second
- Area: 45
- Dimensions: 9 X 5
Other
- Level: Second
- Area: 40
- Dimensions: 8 X 5
Other
- Level: Entry
- Area: 32
- Dimensions: 8 X 4
Other
- Level: Entry
- Area: 77
- Dimensions: 11 X 7
Other
- Level: Entry
- Area: 80
- Dimensions: 10 X 8
Dining room
- Level: Entry
- Area: 240
- Dimensions: 16 X 15
Kitchen
- Level: Entry
- Area: 234
- Dimensions: 18 X 13
Living room
- Level: Entry
- Area: 240
- Dimensions: 16 X 15
Other
- Level: Entry
- Area: 96
- Dimensions: 12 X 8
Other
- Level: Entry
- Area: 32
- Dimensions: 8 X 4
Heating
- Natural Gas, Radiant
Features
- Basement: Bath Stubbed,Daylight,Full,Unfinished,Walk Up Access
- Has fireplace: No
Interior area
- Total interior livable area: 2,378 sqft
- Finished area above ground: 2,378
Property
Parking
- Total spaces: 2
- Parking features: Two Car Garage, Detached, Garage Faces Side
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: GroundLevelwSteps
- Patio & porch: Covered, Enclosed, Porch
- Pool features: None
Lot
- Size: 0.32 Acres
- Dimensions: 100 x 140
- Features: Corner Lot, Split Possible
Details
- Parcel number: 57020340015000
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Farmhouse
- Property subtype: Single Family Residence
Materials
- Other, Vinyl Siding
- Foundation: Basement, Brick Mortar
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1899
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Above Ground Utilities, Cable Available
Community & HOA
Community
- Subdivision: GARFIELD PLACE SUB
HOA
- Has HOA: No
Location
- Region: Wyandotte
Financial & listing details
- Price per square foot: $179/sqft
- Tax assessed value: $134,900
- Annual tax amount: $6,755
- Date on market: 3/20/2026
- Cumulative days on market: 166 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash
Estimated market value
$410,600
$390,000 - $431,000
$1,971/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/29/2026 | Price change | $425,000+112.5%$179/sqft |
Source:  Realcomp II #20261018086 Report a problem | ||
| 5/18/2026 | Price change | $199,999-20%$84/sqft |
Source: Realcomp II #20261018086 Report a problem | ||
| 3/21/2026 | Listed for sale | $249,900$105/sqft |
Source: Realcomp II #20261018086 Report a problem | ||
| 12/23/2025 | Listing removed | $249,900$105/sqft |
Source: Realcomp II #20251056111 Report a problem | ||
| 11/25/2025 | Listed for sale | $249,900$105/sqft |
Source: Realcomp II #20251056111 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $101,600 +3.4% |
| 2024 | -- | $98,300 +3% |
| 2023 | -- | $95,400 +7.2% |
| 2022 | -- | $89,000 +20.9% |
| 2021 | -- | $73,600 |
| 2020 | $3,811 +60.6% | $73,600 +3.7% |
| 2019 | $2,373 | $71,000 +30.3% |
| 2018 | $2,373 -25.2% | $54,500 |
| 2017 | $3,174 | $54,500 +11.9% |
| 2016 | $3,174 +53.6% | $48,700 +7.7% |
| 2015 | $2,067 -50.1% | $45,200 +9.2% |
| 2013 | $4,140 +100.3% | $41,400 -4.4% |
| 2012 | $2,067 | $43,300 -9.8% |
| 2010 | -- | $48,000 -16.5% |
| 2009 | -- | $57,500 -15.4% |
| 2008 | -- | $68,000 -4.4% |
| 2007 | -- | $71,100 +16.2% |
| 2005 | $1,614 | $61,200 +7.9% |
| 2003 | -- | $56,700 +74.3% |
| 2001 | $1,415 | $32,525 +3.2% |
| 2000 | -- | $31,517 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 48192
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