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17178 Munich St, Detroit, MI, 48224

2beds
1baths
1,140sqft
$40,000
$35price/sqft
$555/moest. monthly cost
$22,200/yrincome needed

About This Home

Two bedroom Colonial located in an established Detroit neighborhood. This classic home offers approximately 1,140 square feet of living space with a traditional layout featuring a spacious living room, functional kitchen, and well-sized bedrooms. The property includes a full basement providing additional storage or potential workspace. Situated on a manageable city lot, the home offers convenient access to nearby shopping, dining, parks, and major roadways. Ideal opportunity for homeowners or investors looking to add value with light updates while preserving the character of a solid Detroit home.

Getting Around

67
WalkingSomewhat Walkable
45
TransitSome Transit
58
BikeBikeable

Construction

Condition

  • Year built: 1928

Materials

  • Roof: Asphalt,Composition
  • Construction materials: Brick,Wood Siding

Type & Style

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

Interior

Appliances

  • Laundry features: Electric Dryer Hookup,In Basement,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Full,Michigan Basement

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Eat-in Kitchen,Pantry
  • Fireplace features: Living Room
  • Finished area below ground: 0

Heating

  • Heating features: Forced Air

Interior Area

  • Total structure area: 1,140
  • Total interior livable area: 1,140 sqft

Property

Details

  • Parcel number: 21001995.
  • Zoning description: R-1

Features

  • Stories: 2

Lot

  • Lot size: 3,049 sqft
  • Features: Level,Sidewalk
  • Lot size dimensions: irregular

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 $202$2,424
Home Insurance *$116$1,392
Property Taxes $49$588
Electricity $188$2,259
Total$555$6,660
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$19,028/yr
40% on housing$16,650/yr
45% on housing$14,800/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

$35This listing

vs Other Active Listings

Avg $/sqft

ZIP 48224$54
Wayne County$99

vs Homes Sold Last Month

Median $/sqft

ZIP 48224$77
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
2026-03-09Listed for sale$48,500
2019-09-18Sold$9,503
2004-11-15Sold$120,000

For Sale by Agent

AgentLeslie Perkinson
BrokerageBarrett Real Estate

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