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8271 Ellsworth St, Detroit, MI, 48238

3beds
1baths
748sqft
$68,400
$91price/sqft
$826/moest. monthly cost
$33,040/yrincome needed

About This Home

LONG STANDING SECTION 8 TENANT OCCUPIED BUNGALOW HOME LOCATED SOUTH OF FENKELL AND EAST OF WYOMING. THIS HOME FEATURES A COVERED FRONT PORCH, STUNNING HARDWOOD FLOORS THROUGH OUT, DINING ROOM, KITCHEN, THREE BEDROOMS, ONE BATHROOM, AND AN UNFINISHED BASEMENT. LOTS OF UPDATES IN 2022 BEFORE THE TENANT MOVED IN! THE MONTHLY RENT HERE IS 1000 PER MONTH AND THE TENANT IS IN A LEASE UNTIL 8/31/2026. GREAT ADDITION TO YOUR INVESTMENT PORTFOLIO! PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.

Getting Around

42
WalkingCar-Dependent
41
TransitSome Transit
35
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1925

Materials

  • Foundation: Basement,Block
  • Construction materials: Vinyl Siding

Type & Style

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

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedroom

  • Level: Second
  • Area: 80
  • Dimensions: 10 X 8

Bedroom

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

Bedroom

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

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

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

Features

  • Finished area above ground: 748

Heating

  • Heating features: Forced Air,Natural Gas

Interior Area

  • Total interior livable area: 748 sqft

Kitchen

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

Living Room

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

Other

  • Level: Entry
  • Area: 48
  • Dimensions: 8 X 6

Property

Details

  • Parcel number: W16I006665S
  • Special condition: Short Sale No,Standard

Features

  • Levels: One and One Half
  • Stories: 1
  • Entry location: GroundLevelwSteps
  • Pool features: None
  • Patio & porch: Covered

Lot

  • Lot size: 3,049 sqft
  • Lot size dimensions: 30 x 100

Parking

  • Parking features: No Garage

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 $345$4,140
Home Insurance *$210$2,520
Property Taxes $83$996
Electricity $188$2,259
Total$826$9,912
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$28,320/yr
40% on housing$24,780/yr
45% on housing$22,026/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

$91This listing

vs Other Active Listings

Avg $/sqft

ZIP 48238$58
Wayne County$99

vs Homes Sold Last Month

Median $/sqft

ZIP 48238$59
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
2026-04-02Price change$69,900
2026-03-04Listed for sale$72,400
2026-01-28Listing removed$72,900
2025-08-27Listed for sale$72,900
2015-05-21Listing removed$6,500
2015-05-18Price change$6,500
2015-03-08Listed for sale$7,000

For Sale by Agent

AgentGreg Majewski
BrokerageDetroit Investment Company

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