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2626 Tyler St, Detroit, MI, 48238

8beds
1baths
3,696sqft
$19,900
$5price/sqft
$588/moest. monthly cost
$23,520/yrincome needed

About This Home

4-Unit Investment Opportunity in Dexter-Linwood Neighborhood – Detroit Land Bank Owned Fantastic opportunity to restore this four-unit property in the Dexter-Linwood neighborhood of Detroit. Each unit features two bedrooms and one bath, making it ideal for a redevelopment project with strong rental potential. The parcels are government-owned and included in the Detroit Land Bank Authority (DLBA) program. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context about the neighborhood. How to Apply: Interested buyers must submit a proposal that includes: 1. Project Proposal (intended use of structure + timeline) 2. Proof of Funds (bank statement or lender letter), 3. Scope of Work (breakdown of renovation costs), 4. Proof of Previous Projects: (include addresses and photos). Important Note: Sale is contingent on execution of a DLBA Renovation/Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership. This may be incompatible with certain abatements or lot combinations. Waiver requests will be considered on a case-by-case basis and may require a payment in lieu of taxes, determined after review of the development pro forma and financing. BATVAI. IDRBNG.

Getting Around

67
WalkingSomewhat Walkable
49
TransitSome Transit
51
BikeBikeable

Schools

3/10
4/10

Construction

Condition

  • Year built: 1924

Materials

  • Foundation: Basement,Brick Mortar
  • Construction materials: Brick

Type & Style

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

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 1
  • Full bathrooms: 4

Features

  • Finished area above ground: 3,696

Heating

  • Heating features: Forced Air,Natural Gas

Interior Area

  • Total interior livable area: 3,696 sqft

Property

Details

  • Parcel number: W10I004133S
  • Zoning description: Residential
  • Special condition: Government Owned,Short Sale No

Features

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

Lot

  • Lot size: 3,049 sqft
  • Lot size dimensions: 35 x 92

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

  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
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 $100$1,200
Home Insurance *$61$732
Property Taxes $24$288
Electricity $403$4,837
Total$588$7,056
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$20,160/yr
40% on housing$17,640/yr
45% on housing$15,680/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

$5This 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)

No zestimate history available

Price History

DateEventPrice
2025-09-27Listed for sale$19,900
2012-09-20Sold$2,500
2009-03-20Sold$2,700
2007-10-15Sold$68,850

For Sale by Agent

AgentErick Monzo
BrokerageKeller Williams Realty-Great Lakes

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