15440 Ardmore St, Detroit, MI, 48227
About This Home
Beautiful 5-Bedroom Home with Income Potential Don't miss this beautiful 5-bedroom, 1-bath home with excellent investment potential. The layout can easily be converted into a two-family property, giving you the opportunity to increase rental income. The home features: New roof (2024) New flooring Updated plumbing New hot water tank The first-floor tenants currently pay $1,350 per month and have never been late on rent, so you can start generating income from day one. Located on a quiet, safe block, this property is ideal for both investors and owner-occupants. The tenants are on a month-to-month lease, giving the new owner the flexibility to keep them in place or ask them to vacate, depending on their plans. A great opportunity to own a move-in-ready property with immediate cash flow and future upside!
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1929
Materials
- Roof: Asphalt
Type & Style
- Home type: SingleFamily
Interior
Basement
- Basement: Partially finished
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 1
- Full bathrooms: 1
Features
- Flooring: Tile,Hardwood,Laminate
- Fireplace: Yes
Heating & Cooling
- Heating features: Forced air,Gas
- Cooling features: Central
Interior Area
- Total interior livable area: 1,915 sqft
Property
Details
- Parcel number: 22034651
Features
- Exterior features: Vinyl,Brick
Lot
- Lot size: 3,833 sqft
Parking
- Total spaces: 1
- Parking features: Garage - Attached
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
- Heat Wave
- Strong Wind
- Tornado
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Wayne County and Michigan
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $656 | $7,872 |
| Home Insurance * | $464 | $5,568 |
| Property Taxes | $159 | $1,908 |
| Electricity | $208 | $2,506 |
| Total | $1,487 | $17,844 |
Income You'd Need if You Spent...
Michigan FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-21 | Price change | $129,900 |
| 2026-07-20 | Listed for sale | $99,900 |
View on Zillow