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283 E Palmer St #8, Detroit, MI, 48202

1beds
1baths
1,132sqft
$279,900
$247price/sqft
$2,545/moest. monthly cost
$101,800/yrincome needed

About This Home

This new to the market property is located in Detroit’s vibrant Midtown area with convenient access to cultural institutions, dining, shopping, entertainment, and major employment centers. The property is situated near the Detroit Institute of Arts, Wayne State University, the Detroit Medical Center (1.0 mile), and Henry Ford Hospital (1.6 miles), with close proximity to Midtown, New Center, and Downtown Detroit. Nearby medical and educational facilities include Wayne State University School of Medicine (0.9 mile) and DMC Harper University Hospital (0.9 mile). The QLine Detroit Streetcar is located just two blocks away, providing convenient transit access. This spacious and fully remodeled condominium features one bedroom with generous closet space and one full bathroom. The interior offers an open living and dining area along with a full kitchen equipped with granite countertops and upgraded appliances. The first-floor living room provides flexible space that may be used for additional living, office, or guest space. The interior has been fully updated with new carpet, fresh paint throughout, new window treatments, and upgraded light fixtures. The kitchen also includes an upgraded faucet with a separate filtered drinking water tap. Additional features include an upgraded in-unit washer and dryer, a 1.5-car attached garage, and additional open parking available in front of the building. The location offers convenient access to Midtown amenities as well as nearby attractions such as Little Caesars Arena (1.7 miles), Comerica Park (1.9 miles), and Ford Field (2.5 miles), with quick access to major freeways and downtown destinations. Home warranty included.

Getting Around

80
WalkingVery Walkable
55
TransitGood Transit
79
BikeVery Bikeable

Schools

5/10
3/10
Southeastern High SchoolGrades 9-124.5 mi

Construction

Condition

  • Year built: 2007

Materials

  • Foundation: Slab
  • Roof: Asphalt
  • Construction materials: Brick,Vinyl Siding

Notable Dates

  • Major remodel year: 2022

Type & Style

  • Home type: Condo
  • Architectural style: End Unit
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Exhaust Fan,Free Standing Gas Oven,Free Standing Refrigerator,Microwave,Washer Dryer Stacked
  • Laundry features: In Unit

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Family Room

  • Level: Second
  • Area: 180
  • Dimensions: 15 X 12

Features

  • Programmable Thermostat
  • Finished area above ground: 1,132

Heating & Cooling

  • Heating features: Electric,Forced Air
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,132 sqft

Kitchen

  • Level: Second
  • Area: 120
  • Dimensions: 12 X 10

Living Room

  • Level: Entry
  • Area: 255
  • Dimensions: 15 X 17

Other

  • Level: Second
  • Area: 40
  • Dimensions: 8 X 5

Primary Bedroom

  • Level: Second
  • Area: 180
  • Dimensions: 15 X 12

Property

Details

  • Parcel number: W01I001560S002
  • Special condition: Short Sale No,Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: GroundLevel
  • Patio & porch: Porch
  • Exterior features: Balcony

Lot

  • Features: Corner Lot

Parking

  • Total spaces: 1.5
  • Parking features: Oneand Half Car Garage,Attached,Direct Access,Garage Door Opener,Garage Faces Rear,Side Entrance
  • Has garage: Yes
  • Attached garage spaces: 1.5

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 $1,415$16,980
Home Insurance *$600$7,200
Property Taxes $342$4,104
Electricity $188$2,259
Total$2,545$30,540
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$87,257/yr
40% on housing$76,350/yr
45% on housing$67,866/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

$247This listing

vs Other Active Listings

Avg $/sqft

ZIP 48202$125
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)

Price History

DateEventPrice
2026-05-05Listing removed$2,500
2026-05-05Price change$284,900
2026-04-16Price change$294,900
2026-04-07Listed for rent$2,500
2026-03-29Listing removed$2,500
2026-03-14Listed for sale$299,900
2026-02-26Listed for rent$2,500
2022-10-24Sold$172,500

For Sale by Agent

AgentRezina Nabi
BrokerageExpert Realty Solutions Inc

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