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504 Trowbridge St, Detroit, MI, 48202

5beds
3baths
3,188sqft
$225,000
$71price/sqft
$2,241/moest. monthly cost
$89,640/yrincome needed

About This Home

Welcome to this recently renovated Colonial located near the historic Boston-Edison District. Offering 3,187 square feet of living space. Recent improvements in 2021 include a new roof, flooring, interior paint, electrical, plumbing, and HVAC, providing peace of mind for years to come. With its spacious layout and flexible floor plan, the property is ideal as a primary residence, multi-generational home, or investment opportunity. Situated in one of Detroit's rapidly revitalizing neighborhoods, this home offers exceptional potential with plenty of room to further customize and add value. Don't miss the chance to own in the heart of Detroit's continued growth. *Home sold as-is with all contents

Getting Around

52
WalkingSomewhat Walkable
48
TransitSome Transit
46
BikeSomewhat Bikeable

Schools

5/10
3/10
Southeastern High SchoolGrades 9-125.3 mi

Construction

Condition

  • Year built: 1922

Materials

  • Foundation: Basement,Block,Michigan Basement
  • Construction materials: Brick,Other

Type & Style

  • Home type: MultiFamily
  • Architectural style: Colonial
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Finished area above ground: 3,188

Heating

  • Heating features: Forced Air,Natural Gas

Interior Area

  • Total interior livable area: 3,188 sqft

Property

Details

  • Parcel number: W03I002763S
  • Zoning description: MultiFamily, Residential
  • Special condition: Short Sale No,Standard
  • Exclusions: Exclusion(s) Do Not Exist

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Fencing: Fenced

Lot

  • Lot size: 5,227 sqft
  • Lot size dimensions: 43.5 x 120

Parking

  • Parking features: Garage
  • Has garage: Yes

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
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Inland Flooding
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 $1,137$13,644
Home Insurance *$482$5,784
Property Taxes $275$3,300
Electricity $347$4,172
Total$2,241$26,892
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$76,834/yr
40% on housing$67,230/yr
45% on housing$59,760/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

$71This 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
2026-07-16Listed for sale$225,000
2022-07-05Pending sale$225,000
2022-06-30Sold$225,000
2022-05-07Listed for sale$225,000
2022-04-19Listing removed$239,000
2022-02-16Price change$239,000
2022-01-19Price change$260,000
2022-01-03Price change$275,000
2021-11-13Listed for sale$289,000
2021-11-08Listing removed--
2021-10-21Listed for sale$315,000
2021-03-24Listing removed--
2020-12-14Sold$30,000
2020-06-17Listing removed$30,000
2020-06-08Listed for sale$30,000
2019-07-19Listing removed$24,000
2019-06-14Price change$24,000
2019-04-08Listed for sale$29,000
2019-01-01Listing removed$35,000
2018-11-30Price change$35,000
2018-09-10Listed for sale$45,000

For Sale by Agent

AgentJennifer Petersen
BrokerageKW Realty Livingston

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