585 Owen Street Detroit, MI ^$ 79,900

585 Owen Street

^$ 79,900

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585 Owen Street

Detroit, MI, 48202

^$ 79,900

Studio Baths2.0 Sq 2,162

Monthly Estimate*

^$ 498

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Studio

Multi-Family Home for sale in Detroit, MI

for $79,900 with 2 full baths. This 2,162 square foot home was built in 1912 on a lot size of 0.1.

Attention investors and DIY enthusiasts! Multiple exit strategies: finish this remodel then either flip, rent or move in! Home being sold as is.

Multi-Family Active

Price

^$ 79,900

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 2,054

Style

Lot Size

0.1

Year Built

1912

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60953452

Features

General

Heating Other-See Remarks

Cooling Other

Possession At Close

Status Active Active

Full Baths 2

Half Baths 0

Bathrooms 2

Year Built 1912

Subdivision Sub Of Pt Of 1/4 Sec 44 MI

County Wayne

Class MULTIFAMILY

Type Multi-Family

Net Income 0

Ownership Private

Municipality Detroit

Zoning Multi-Family

Sale/Rent For Sale

Status Detail 0

Structure Style 2 Story

Area Detroit (82001)

Primary City Detroit

Directions From Detroit City Hall head north on Woodward Ave turn right on W Grand Blvd then left on Hamilton Ave. Turn right

City Detroit

School District Detroit City School District

Financial Terms Cash Conventional FHA VA

Legal Description N OWEN 9 SUB 1/4 SEC 44 L16 P13 PLATS W C R 3/107 40 X 110

DOM 19

Postal Code 48202

Price Per Sq Ft Total AG 36.96

Public Remarks Attention investors and DIY enthusiasts! Multiple exit strategies: finish this remodel then either flip rent or move in! Home being sold as is.

Interior

Basement Poured

Fireplace? No

Total Number of Units 2

Exterior

Exterior Brick

Lot Size Area 0.1

Lot Dimensions 40X110

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Scott Fader

Listing Agent

Joseph Walter Realty, Llc

Broker

broker@josephwalterrealty.com

Affordability Calculator

$670

Per Month

Monthly Principal & Interest: $498
Monthly Property Taxes: $171
Monthly Home Insurance: --

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Down Payment

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Interest Rate

Yearly Property Taxes

Yearly 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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THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Multi-family listings in Detroit, MI

Average List Price ^$237,305

Percent of Sale Price 197%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759604 Elementary School

760475 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/2/2025	$79,900	-20.02%	Price Down
11/21/2025	$99,900	-16.68%	Price Down
11/14/2025	$119,900		Listed Price

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585 Owen Street, Detroit, MI, 48202 is a Multi-Family Home for sale at $79,900 with 2,162 sqft and a lot size of 0.1. 585 Owen Street is a studio with 2.0 baths and was built in 1912. The property's zip code is 48202 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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585 Owen Street

Multi-Family Home for sale in Detroit, MI

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