Multi–family Homes in Detroit | Reonomy

Multi–family Homes in Detroit

Unlock property data on 2,520 multi–family homes in Detroit. Search through Detroit property records and access full owner contact information to find off-market properties likely to sell, refinance, or renovate. Find recent buyers and sellers.

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Detroit multi-family home sold prices and values

Values and sold prices (last 24 months) United States Michigan Detroit
Average price/sqft -- -- --
Average sold price $1,057,361 $648,597 $161,301
Median sold price $112,875 $83,950 $3,106
Number of sales 511,478 2,484 443
Number of sales over $250k 169,088 623 72
Number of sales over $1m 48,058 131 15
Number of sales over $10m 8,134 17 --
Average total tax amount $12,165 $12,147 $6,758
Average assessed value $618,359 $295,239 $128,283
Average market value $812,882 $590,573 $256,566

Detroit multi-family home property averages

Property averages United States Michigan Detroit
Average lot size 93,208 sf 1,213,231 sf 20,774 sf
Median lot size 6,942 sf 13,537 sf 6,534 sf
Average building area -- -- --
Median building area -- -- --
Median year built 1949 1961 1948
Average number of units 9 20 24
Median number of units 2 2 8

Detroit multi-family home total supply

Supply United States Michigan Detroit
Number of parcels 4,303,832 23,527 2,527
Aggregate lot acerage 78,272,565 1,240,980 1,010
Aggregate building area -- -- --
Aggregate units 28,426,919 245,388 29,405

Detroit multi-family home industrial mortgages

Debt United States Michigan Detroit
Number of mortgages 10,814,348 33,220 2,474
Average value of mortgages $1,628,175 $8,344,748 $4,581,583

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