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 Pending

Price

$ 38,000

Bedrooms

Studio

Full Bath

2

Half Bath

1

Property Type

Multi-Family

Taxes

$ 4,653

Style

Duplex

Lot Size

0.15

Year Built

1925

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20251040907

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Possession AtClose
Garage Spaces 0.0
Architectural Style Duplex
Pool Features None
Construction Materials Brick
Exclusions Exclusion(s) Do Not Exist
Pets Allowed Yes
Year Built 1925
Levels Two
Property Subtype MultiFamily
County Wayne
Net Operating Income 0.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name MILLS SUB 4
Garage Y/N N
Full Baths 2
Status Pending
Directions Heading south on Gratiot turn left on Helen. Home will be on the left.
City DetroitCity_Wayne
Disclosures ExclusionsDoNotExist ProjectedIncome TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Detroit
Zoning Description MultiFamily Residential
Number Of Units Total 2
MLS Area Area05052Det6MackI75Conner
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 0
Land Lease Y/N N
Tax Annual Amount 4653.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Pending
Occupancy Type Vacant
Tax Assessed Value 36100
Expected Active Date 2025-09-29
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
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Interior
Basement Full Unfinished
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 2600.0
Half Baths 1
Above Grade Finished Area Unit Type SquareFeet
Total Baths 3
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Exterior
Water Source Public
Foundation Details Basement Block
Spa N
Lot Dimensions 40X163.04
Lot Size Acres 0.15
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 3962
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* Excluded Features
List By
Mikhail Grigoryan

Listing Agent

Detroit Progress Realty Llc

Broker

(313) 888-6060

Phone

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
848539 Elementary School
848135 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