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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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8072 NW Prairie St , Detroit, MI 48204
$55,000
Est. Payment: $122.22/mo
2 Bath
0.07 Acres
Status: active | Days on site: 15
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Jim Blehm
Team Owner, Realtor®

House Description

Location, Location, Location! Located on the border of Dearborn , MI and only minutes from Downtown Detroit, this home is priced to offer great built in equity for the savvy investor or handy man. This is an awesome investment setup to offer generational wealth! It has been setup as 2 unit investment property, however, it can be easily converted to a 1 family home. With the necessary updates, this sturdy property offers immediate equity based on 3 bedroom 2 bath comps projected around 3.5 times the purchase price. The first floor unit is very spacious with 2 bedrooms and setup for a bathroom and kitchen. The second floor unit has 1 spacious bedroom and is setup for another full kitchen and bathroom. This is a potential 2 income property and has awesome longstanding neighbors with an extra lot on the side of the property. Approximately 1.5 miles from the Jeffries expressway and super close proximity to downtown and the Grand BLVD business and medical districts. Other benefits: the city plans to expand the footprint of the downtown walking path to this nearby area. The property is sold AS IS and requires BATVAI.

Highlights

Listed by Hope Williams , 248-566-6448 Keller Williams Advantage , 248-380-8800. MichRIC

Property Type

Multi-Family

Lot/Acreage
0.07

Year Built

1925

County

Wayne

School District

Detroit

Listing ID

20261079208

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bathrooms:2
Water:Public

Exterior Features

Principal Interest
$122
Taxes
$75

Home Price

$55,000

Loan Details

30 yrs
0%

Down Payment

20%
$11,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$122.22

Principal

Taxes

Principal Taxes HOA Total
Monthly $122.22 $75.17 $0.00 $197.39
Yearly $1,466.67 $902.00 $0.00 $2,368.67
Total $44,000.00 $27,060.00 $0.00 $71,060.00
Lender profile image
Brian Belinger
Loan Originator
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Market insight data is pulled from the same city as the listing being viewed (Detroit, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Southwestern Michigan Regional Information Center, LLC and is deemed reliable but not guaranteed accurate.

Data last updated: 2026-11-01T14:17:27.000Z

© 2026 MichRIC