3962 Helen Street Detroit, MI $ 38,000
3962 Helen Street
$ 38,000
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3962 Helen Street

Detroit, MI, 48207
$ 38,000
Baths2.1 Sq 2,600

Monthly Estimate*

$ 237

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Studio

Multi-Family Home for sale in Detroit, MI

for $38,000 with 2 full baths, 1 half bath. This 2,600 square foot home was built in 1925 on a lot size of 0.15.

Investor Special! Duplex Fixer-Upper at 3962 Helen St, Detroit Opportunity knocks with this two-unit duplex in the heart of Detroit's resurgent East Side. Located at 3962 Helen St, this property offers tremendous potential for the savvy investor or hands-on homeowner ready to bring a diamond in the rough back to life. Each unit features **3 bedrooms and 1 bathroom**, with spacious layouts and vintage character throughout. The property sits on a generously sized lot with off-street parking and a shared backyard space. Original details like wood trim and hardwood floors may still be salvageable, giving this home great bones for a rewarding renovation. Highlights: * 2,600+ sq ft of total living space (approx.) * Separate entrances for each unit * Potential for rental income or multi-generational living * Minutes from downtown Detroit, Eastern Market, and major freeways * Area is seeing new development and rising property values This is a full rehab project - **property needs significant work** and is being sold **as-is**. But with the right vision, 3962 Helen could become a cash-flowing asset or a beautifully restored home. **Bring your tools, your team, and your imagination - and make this Detroit duplex your next great investment!**

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Multi-Family Active

Price

$ 38,000

Bedrooms

Studio

Full Bath

2

Half Bath

1

Property Type

Multi-Family

Taxes

$ 4,653

Style

Lot Size

0.15

Year Built

1925

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60940793

Features
General
Heating Forced Air
Possession At Close
Water Public Water
Status Active Accepting Backup Offers
Full Baths 2
Half Baths 1
Bathrooms 3
Year Built 1925
Subdivision Mills Sub 4 MI
County Wayne
Class MULTIFAMILY
Type Multi-Family
Net Income 0
Ownership Private
Municipality Detroit
Sale/Rent For Sale
Status Detail 3
Structure Style 2 Story
Area Detroit (82001)
Primary City Detroit
Directions Heading south on Gratiot turn left on Helen. Home will be on the left.
City Detroit
School District Detroit City School District
Financial Terms Cash
Legal Description E HELEN N 30 FT 45 S 10 FT 44 MILLS SUB NO 4 L28 P8 PLATS W C R 15/44 40 X 163.04A
DOM 65
Postal Code 48207
Price Per Sq Ft Total AG 14.62
Public Remarks Investor Special! Duplex Fixer-Upper at 3962 Helen St Detroit Opportunity knocks with this two-unit duplex in the heart of Detroit's resurgent East Side. Located at 3962 Helen St
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Interior
Basement Block
Fireplace? No
Total Number of Units 2
Fuel Type Natural Gas
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Exterior
Exterior Brick
Lot Size Area 0.15
Lot Dimensions 40X163.04
Roads Paved Street
Waterfront Y/N No
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* Excluded Features
List By
Mikhail Grigoryan

Listing Agent

Detroit Progress Realty Llc

Broker

mike@detroitprogress.com

Email

Affordability Calculator

$625
Per Month
38%
62%
0%
Monthly Principal & Interest
$237
Monthly Property Taxes
$388
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
759604 Elementary School
760475 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/21/2025$38,000 -20.83% Price Down
9/29/2025$48,000 Listed Price

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3962 Helen Street, Detroit, MI, 48207 is a Multi-Family Home for sale at $38,000 with 2,600 sqft and a lot size of 0.15. 3962 Helen Street is a studio with 2.1 baths and was built in 1925. The property's zip code is 48207 which is in Detroit, MI