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873 Algonquin St, Detroit, MI, 48215

3beds
2baths
1,728sqft
$192,900
$112price/sqft
$1,661/moest. monthly cost
$66,440/yrincome needed

About This Home

NEWLY RENOVATED!! BEAUTIFUL DETROIT HOME Near Gross Pointe, located in the Jefferson Chalmers District near the Detroit River. Perfect location to experience the Detroit Water front near all marinas for boating also close to freeways, schools, convenient shops and plenty of entertaintaine in the downtown area. Property has a large open floor-plan with large rooms and lots of closet storage, cozy fireplace and living room, large kitchen, large formal dining room with a cozy sitting room that can also be utilized as an office. Upstairs has the luxurious master suite and bathroom. The unfinished basement with laundry area. Enjoy the deck in a private backyard, offering a perfect setting for outdoor entertaining or simply relaxing. Don't miss this opportuniy! All showing must be accompanied by licensed MI agent. Buyer and Buyers Agent to verify all measurements! Property on both sides are being prepared for renovation too!

Getting Around

52
WalkingSomewhat Walkable
45
TransitSome Transit
67
BikeBikeable

Schools

Construction

Condition

  • Year built: 1919

Materials

  • Foundation: Basement,Poured
  • Roof: Asphalt
  • Construction materials: Vinyl Siding,Wood Siding

Notable Dates

  • Major remodel year: 2025

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence

Interior

Appliances

  • Laundry features: Gas Dryer Hookup,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedroom

  • Level: Second
  • Area: 132
  • Dimensions: 12 X 11

Bedroom

  • Level: Second
  • Area: 132
  • Dimensions: 12 X 11

Bedrooms & Bathrooms

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

Dining Room

  • Level: Entry
  • Area: 144
  • Dimensions: 12 X 12

Features

  • Fireplace features: Living Room
  • Fireplace: Yes
  • Finished area above ground: 1,728

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,728 sqft

Kitchen

  • Level: Entry
  • Area: 168
  • Dimensions: 14 X 12

Living Room

  • Level: Entry
  • Area: 168
  • Dimensions: 14 X 12

Other

  • Level: Second
  • Area: 72
  • Dimensions: 9 X 8

Primary Bathroom

  • Level: Second
  • Area: 121
  • Dimensions: 11 X 11

Primary Bedroom

  • Level: Second
  • Area: 144
  • Dimensions: 12 X 12

Sitting Room

  • Level: Entry
  • Area: 110
  • Dimensions: 11 X 10

Property

Details

  • Parcel number: W21I047169S
  • Special condition: Short Sale No,Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: GroundLevel
  • Pool features: None
  • Patio & porch: Covered,Deck,Porch
  • Exterior features: Lighting
  • Fencing: Back Yard,Fenced

Lot

  • Lot size: 3,920 sqft
  • Lot size dimensions: 40 x 102

Parking

  • Total spaces: 2
  • Parking features: Two Car Garage,Detached
  • Has garage: Yes
  • Attached garage spaces: 2

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

  • Coastal Flooding
    Coastal FloodingModerate
  • 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

Coastal Flooding
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 $975$11,700
Home Insurance *$262$3,144
Property Taxes $236$2,832
Electricity $188$2,261
Total$1,661$19,932
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$56,948/yr
40% on housing$49,830/yr
45% on housing$44,293/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

$112This listing

vs Other Active Listings

Avg $/sqft

ZIP 48215$81
Wayne County$99

vs Homes Sold Last Month

Median $/sqft

ZIP 48215$121
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
2026-04-30Price change$204,900
2026-04-22Pending sale$209,900
2026-04-03Price change$209,900
2026-03-10Price change$212,900
2026-01-22Price change$222,900
2025-12-01Price change$224,900
2025-10-31Listed for sale$229,900
2025-05-27Sold$70,000

For Sale by Agent

AgentDarren Johnson
BrokerageJohnson Premier Realty Co

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