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7740 3rd St APT 105, Detroit, MI, 48202

--beds
1baths
545sqft
$89,000
$163price/sqft
$937/moest. monthly cost
$37,480/yrincome needed

About This Home

BUY THIS UNIT WITH ZERO DOWN! Huntington Bank is offering major incentives to allow for the purchase of this property with zero down and zero closing costs! This fully renovated studio unit in Detroit’s vibrant New Center neighborhood offers the perfect blend of historic character and modern updates. Thoughtfully designed and fully furnished, the condo provides a comfortable home base with stylish finishes and efficient use of space. Residents will enjoy strolling to iconic destinations like the Fisher Theatre, Motown Museum, and the Majestic Theatre & Garden Bowl. The property is also minutes from Detroit’s entertainment core—Little Caesars Arena, Comerica Park, and Ford Field—all easily accessible via the Q-Line, making car-free travel simple and convenient. Whether attending a show, exploring local shops, or dining at nearby restaurants, this location offers a dynamic lifestyle in the heart of the city. With its proximity to major attractions and public transit, this unit is an ideal choice for anyone looking to call Detroit home.

Getting Around

85
WalkingVery Walkable
54
TransitGood Transit
79
BikeVery Bikeable

Schools

4/10
4/10
Northwestern High SchoolGrades 9-121.4 mi

Construction

Condition

  • Year built: 1920

Materials

  • Foundation: Basement,Brick Mortar
  • Construction materials: Brick

Notable Dates

  • Major remodel year: 2025

Type & Style

  • Home type: Condo
  • Architectural style: Studio
  • Property subType: Condominium

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Finished area above ground: 545

Heating

  • Heating features: Hot Water,Natural Gas

Interior Area

  • Total interior livable area: 545 sqft

Kitchen

  • Level: Third
  • Area: 96
  • Dimensions: 12 X 8

Living Room

  • Level: Third
  • Area: 216
  • Dimensions: 18 X 12

Other

  • Level: Third
  • Area: 50
  • Dimensions: 10 X 5

Property

Details

  • Parcel number: W04I001827S036
  • Special condition: Short Sale No,Standard

Features

  • Levels: Three
  • Stories: 3
  • Entry location: GroundLevel

Parking

  • Parking features: No Garage

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Strong Wind
Tornado
Tsunami

FEMA Declared Disasters in Wayne County and Michigan

Flood
Severe Ice Storm
Severe Storm
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $450$5,400
Home Insurance *$190$2,280
Property Taxes $109$1,308
Electricity $188$2,259
Total$937$11,244
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$32,125/yr
40% on housing$28,110/yr
45% on housing$24,986/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.0%
9.0%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.8%
0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$163This listing

vs Other Active Listings

Avg $/sqft

ZIP 48202$126
Wayne County$99

vs Homes Sold Last Month

Median $/sqft

ZIP 48202$92
Wayne County$129

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-21Price change$89,000
2026-06-01Price change$94,000
2025-11-27Price change$95,000
2025-11-07Listed for sale$110,000
2024-12-10Sold$75,500
2024-11-22Pending sale$75,000
2024-10-29Listed for sale$75,000
2024-07-24Listing removed--
2024-04-23Listed for sale$100,000
2024-03-06Listing removed--
2024-02-07Listed for sale$100,000
2022-09-26Price change$1,150
2022-09-07Listed for rent$1,350
2021-03-24Listing removed--
2019-06-07Listing removed$1,150
2019-05-20Price change$1,150
2019-05-07Listed for rent$1,350

For Sale by Agent

AgentPhillip VanBuren
BrokerageHome Negotiators LLC

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