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2962 Fullerton St, Detroit, MI, 48238

7beds
2baths
2,600sqft
$150,000
$58price/sqft
$1,686/moest. monthly cost
$67,440/yrincome needed

About This Home

Excellent opportunity to own a large 2-unit multifamily in Detroit’s rapidly stabilizing Dexter–Linwood neighborhood. This property features two spacious units (one 4-bedroom and one 3-bedroom) with classic early-20th-century architecture and strong rental potential. Perfect for house-hackers, investors, or value-add buyers looking to capitalize on continued neighborhood revitalization. Located minutes from Russell Woods, Boston-Edison, New Center, and Midtown, this property sits near major ongoing investment along the Dexter corridor including a $21.5M Strategic Neighborhood Fund revitalization project bringing new streetscape improvements, murals, retail pop-ups, facade upgrades, and new housing development. The area is also benefiting from infrastructure upgrades including bike lanes, pedestrian improvements, landscaping, new lighting, and transit enhancements along Dexter Avenue designed to support neighborhood businesses and walkability. Property is 1 of 11 in a portfolio being sold all within the Downtown Area. Buy 1 or as many as you would like. MLS#s for the other 10 properties: 20261015057, 20261015035, 20261015005, 20261015574, 20261015576, 20261015577, 20261015578, 20261015583, 20261015683, 20261015586

Getting Around

58
WalkingSomewhat Walkable
50
TransitGood Transit
50
BikeBikeable

Schools

3/10
4/10

Construction

Condition

  • Year built: 1927

Materials

  • Foundation: Basement,Poured
  • Roof: Asphalt
  • Construction materials: Brick

Type & Style

  • Home type: Townhouse
  • Architectural style: Townhouse
  • Property subType: Townhouse

Interior

Appliances

  • Laundry features: Laundry Room

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Finished area above ground: 2,600

Heating & Cooling

  • Heating features: Forced Air,Natural Gas,Separate Meters
  • Cooling features: Ceiling Fans,Wall Units

Interior Area

  • Total interior livable area: 2,600 sqft

Property

Details

  • Parcel number: W12I004054S
  • Zoning description: Residential
  • Special condition: Short Sale No,Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Covered,Porch
  • Fencing: Back Yard,Fenced

Lot

  • Lot size: 4,356 sqft
  • Lot size dimensions: 121 x 34

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 $758$9,096
Home Insurance *$462$5,544
Property Taxes $183$2,196
Electricity $283$3,403
Total$1,686$20,232
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$57,805/yr
40% on housing$50,580/yr
45% on housing$44,960/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

$58This 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
2026-03-14Listed for sale$199,000
2024-01-30Sold$180,000
2023-11-03Sold$32,500
2022-06-21Sold$24,000
2013-11-06Sold$8,000
2004-04-02Sold$60,000

For Sale by Agent

AgentMichael Gerisch
BrokerageKW Professionals

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