240 Riley Street

About this home

Step into the charm and character of this historic Dundee home, commonly known as the “Duncan House,” located in the historic Village of Dundee. Offering 2,438 square feet of living space, 3 bedrooms, and 2 full bathrooms, this distinctive property showcases beautiful architectural details and timeless character throughout. With views of the river, the home offers a unique setting and an exciting opportunity to renovate and personalize while preserving the charm that makes historic properties so special. The home features newer kitchen appliances, along with a furnace and hot water tank that are both within approximately the last five years. A massive attic space provides additional potential for storage or future use; access currently requires stairs to be added. The seller is also leaving select renovation materials with the home, providing a head start for the next owner to begin bringing their updates and ideas to life. Adding to the home’s unique appeal, the piano will remain with the property. Conveniently located near Wolverine Park and nearby community amenities, this historic property offers an opportunity to become part of the Village of Dundee while creating a home that reflects your own vision. A historic home filled with character, charm, river views, and potential, ready for its next chapter.

Interior

Systems and utilities

Exterior and lot

Taxes, HOA and more

Schools

How it compares in Dundee

Over the last 90 days, 30 homes sold in Dundee for a median of $352,500, about $172 per square foot, and the typical one went under contract in 22 days. This home is listed at $270,000, or $89 per square foot, 48% below the city median, and has been on the market 29 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Dundee sales or ask us for the comparable sales on this one.

Property taxes for a new owner

The current owner pays about $3,096 a year. A buyer who lives here would pay about $2,228 to $5,702 a year once the taxable value resets after the sale, at the 2025 homestead rate of 41.82 mills for Village Of Dundee and Dundee 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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