17131 QUINCY Street

About this home

LOCATION, SPACE & OPPORTUNITY IN DETROIT'S UNIVERSITY DISTRICT! An exceptional opportunity for investors and homeowners alike! Situated in Detroit's desirable University District, directly across from the University of Detroit Mercy campus, this solid brick bungalow offers far more space than meets the eye. 5 bedrooms and 2 full baths, plus a basement lav. The first floor includes an open adjoining living room/dining room with a fireplace, large kitchen and two generously sized bedrooms. Three additional bedrooms upstairs, provide flexibility for a variety of needs. The unfinished basement offers additional storage, laundry facilities, and room for future possibilities.Well maintained with a NEW ROOF IN 2024, this former rental property is ready for its next chapter. Primarily in need of cosmetic updates, the home presents an excellent opportunity to add your personal touch, build equity, or expand an investment portfolio. With its sought-after location, well thoughout living space, solid construction, and overall potential, this is an opportunity you won't want to overlook.

Interior

Systems and utilities

Exterior and lot

Taxes, HOA and more

Schools

How it compares in Detroit

Over the last 90 days, 1,214 homes sold in Detroit for a median of $99,950, about $71 per square foot, and the typical one went under contract in 29 days. This home is listed at $205,000, or $147 per square foot, 107% above the city median, and has been on the market 1 day. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Detroit sales or ask us for the comparable sales on this one.

Property taxes for a new owner

The current owner pays about $5,625 a year. A buyer who lives here would pay about $2,762 to $6,645 a year once the taxable value resets after the sale, at the 2025 homestead rate of 64.18 mills for Detroit City and Detroit schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.

Monthly payment estimate

Estimate only, 30 year fixed, includes taxes at a new owner's rate when listed. Ask us for a lender quote.

Location

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