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537 Rosedale Ct, Detroit, MI, 48202

3beds
2baths
2,074sqft
$50,000
$24price/sqft
$618/moest. monthly cost
$24,720/yrincome needed

About This Home

Detroit Land Bank Duplex Opportunity Spacious duplex offering 2,074 square feet of potential! This property features 3 bedrooms and 2 full bathrooms, making it ideal for an investor looking to restore and maximize rental income or a homeowner interested in multi-family living. Located in a growing area of Detroit, this is a great opportunity to add value and bring new life to a classic structure. Please note that the DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. THIS IS A BUNDLED LISTING AND INCLUDES PROPERTY ADDRESS 545 ROSEDALE COURT. THESE PROPERTIES MUST BE PURCHASED TOGETHER!

Getting Around

40
WalkingCar-Dependent
47
TransitSome Transit
44
BikeSomewhat Bikeable

Schools

5/10
3/10
Southeastern High SchoolGrades 9-125.4 mi

Construction

Condition

  • Year built: 1910

Materials

  • Foundation: Basement,Block
  • Construction materials: Brick

Type & Style

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

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Finished area above ground: 2,074

Heating

  • Heating features: Forced Air,Natural Gas

Interior Area

  • Total interior livable area: 2,074 sqft

Property

Details

  • Parcel number: 03002862
  • Zoning description: Residential
  • Special condition: Government Owned,Short Sale No

Features

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

Lot

  • Lot size: 3,484 sqft
  • Lot size dimensions: 30 x 120

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 $252$3,024
Home Insurance *$107$1,284
Property Taxes $33$396
Electricity $226$2,714
Total$618$7,416
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$21,188/yr
40% on housing$18,540/yr
45% on housing$16,480/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

$24This 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
2025-08-11Listed for sale$50,000
2020-09-21Listing removed$1,000
2020-09-08Listed for sale$1,000

For Sale by Agent

AgentErick Monzo
BrokerageKeller Williams Realty-Great Lakes

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