Sold for $39,900

$39,900

7556 Wheeler St, Detroit, MI 48210

6beds

1,800sqft

Duplex

Built in 1922

-- sqft lot

$40,700 Zestimate^®

$22/sqft

$1,025 Estimated rent

Home value

$40,700

$37,000 - $45,000

$1,025/mo

Zestimate^® history

Owner options

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$1,025/mo

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$1,025/mo

Rent Zestimate^®

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$230/mo

Est. payment

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$230/mo

Est. payment

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What's special

Two-unit multifamily in Detroit with 6 bedrooms and 2 full baths. Property needs significant rehab but offers excellent potential for rental income once renovated. Perfect opportunity for investors looking for a fix-and-flip or long-term hold. Being sold as-is. Previous buyer backed out right before closing.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 2
Full bathrooms: 2

Heating

Forced Air, Natural Gas

Features

Basement: Full,Unfinished
Has fireplace: No

Interior area

Total interior livable area: 1,800 sqft
Finished area above ground: 1,800

Property

Features

Levels: Two
Stories: 2
Pool features: None

Lot

Size: 3,049 Square Feet
Dimensions: 30 x 103

Details

Parcel number: W18I004036S
Zoning description: MultiFamily
Special conditions: Short Sale No,Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Duplex
Property subtype: Duplex

Materials

Vinyl Siding, Wood Siding
Foundation: Basement, Block, Crawl Space

Condition

New construction: No
Year built: 1922

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: WILLIAM L HOLMES & FRANK A VERNORS SUB

Location

Region: Detroit

Financial & listing details

Price per square foot: $22/sqft
Tax assessed value: $5,242
Annual tax amount: $1,077
Date on market: 9/18/2025
Cumulative days on market: 52 days
Listing agreement: Exclusive Agency
Listing terms: Cash

Price history

Date	Event	Price
11/21/2025	Sold	$39,900$22/sqft
Source: Realcomp II #20251036832 Report a problem
11/20/2025	Pending sale	$39,900$22/sqft
Source: Realcomp II #20251036832 Report a problem
11/9/2025	Price change	$39,900-20%$22/sqft
Source: Realcomp II #20251036832 Report a problem
11/2/2025	Pending sale	$49,900$28/sqft
Source: Realcomp II #20251036832 Report a problem
9/18/2025	Listed for sale	$49,900$28/sqft
Source: Realcomp II #20251036832 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$21,300 +27.5%
2024	--	$16,700 +22.8%
2023	--	$13,600 +9.7%
2022	--	$12,400 +1.6%
2021	--	$12,200
2020	$924 +52.7%	$12,200 +23.2%
2019	$605	$9,900 +16.5%
2018	$605	$8,500 +4.9%
2017	--	$8,100 +88.4%
2016	$786	$4,300
2015	$786 +96.6%	$4,300 -5.6%
2013	$400 -49.1%	$4,557 -30.2%
2010	$786	$6,530 -12%
2009	--	$7,420 -10.5%
2008	--	$8,290
2007	--	$8,290 +5.5%
2005	$73	$7,858 +3%
2004	--	$7,629 +39.1%
2001	$457 +10.1%	$5,486 +3.2%
2000	$415	$5,316