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3023 Gray St, Detroit, MI, 48215

4beds
2baths
2,054sqft
$189,900
$92price/sqft
$1,673/moest. monthly cost
$66,920/yrincome needed

About This Home

Excellent opportunity to become your own landlord with this well-maintained duplex! Each unit offers 2 spacious bedrooms and 1 full bathroom, providing comfortable living space and strong income potential. Whether you’re an owner-occupant looking to house hack by living in one unit and renting the other, or an investor seeking a solid addition to your portfolio, this property checks all the boxes. The layout offers functional living areas, generous bedroom sizes, and great versatility. Conveniently located near shopping, dining, schools, and major freeways. FHA, VA, and conventional financing welcome. Don’t miss this rare opportunity to own a versatile, income-producing property!

Getting Around

41
WalkingCar-Dependent
42
TransitSome Transit
74
BikeVery Bikeable

Schools

Construction

Condition

  • Year built: 1924

Materials

  • Foundation: Basement,Block
  • Construction materials: Brick

Type & Style

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

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedroom

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

Bedroom

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

Bedroom

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

Bedroom

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

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Finished area above ground: 2,054

Heating

  • Heating features: Forced Air,Natural Gas

Interior Area

  • Total interior livable area: 2,054 sqft

Other

  • Level: Second

Other

  • Level: Entry

Property

Details

  • Parcel number: W21I048727S
  • Special condition: Short Sale No,Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: GroundLevelwSteps
  • Pool features: None

Lot

  • Lot size: 4,356 sqft
  • Lot size dimensions: 35 x 122

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
  • 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 $960$11,520
Home Insurance *$257$3,084
Property Taxes $232$2,784
Electricity $224$2,688
Total$1,673$20,076
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$57,360/yr
40% on housing$50,190/yr
45% on housing$44,613/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

$92This 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
2026-02-23Listed for sale$189,900
2022-10-03Sold$123,500
2022-09-10Pending sale$139,900
2022-08-30Listed for sale$139,900

For Sale by Agent

AgentYasir Abulaban
BrokerageOwn It Realty

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