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18101 Cornwall St, Detroit, MI, 48224

4beds
1baths
1,083sqft
$77,500
$72price/sqft
$898/moest. monthly cost
$35,920/yrincome needed

About This Home

Attention savvy Investor!! Four bedroom, One bath home offers a great opportunity in a prime location near the edge of Cornerstone Village. Currently rented for $1100 a month. Featuring a large addition that provides extra storage and room for the creative investor to add value. Located near shopping and highways and offers immediate cash flow. Add this great property to your portfolio today. Want to purchase a complete portfolio in the same location, ask about our other listings on same block. Showings after accepted offer.

Getting Around

67
WalkingSomewhat Walkable
52
TransitGood Transit
53
BikeBikeable

Construction

Condition

  • Year built: 1947

Materials

  • Foundation: Slab
  • Construction materials: Vinyl Siding

Type & Style

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

Interior

Bedroom

  • Level: Second
  • Area: 112
  • Dimensions: 8 X 14

Bedroom

  • Level: Second
  • Area: 112
  • Dimensions: 8 X 14

Bedroom

  • Level: Entry
  • Area: 187
  • Dimensions: 11 X 17

Bedroom

  • Level: Entry
  • Area: 99
  • Dimensions: 9 X 11

Bedrooms & Bathrooms

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

Bonus Room

  • Level: Entry
  • Area: 187
  • Dimensions: 11 X 17

Dining Room

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

Features

  • Finished area above ground: 1,083

Heating

  • Heating features: Forced Air,Natural Gas

Interior Area

  • Total interior livable area: 1,083 sqft

Kitchen

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

Living Room

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

Other

  • Level: Entry

Property

Details

  • Parcel number: W21I002117C9
  • Special condition: Short Sale No,Standard

Features

  • Levels: One and One Half
  • Stories: 1
  • Entry location: GroundLevel
  • Pool features: None

Lot

  • Lot size: 3,920 sqft
  • Lot size dimensions: 37 x 108

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 $391$4,692
Home Insurance *$225$2,700
Property Taxes $94$1,128
Electricity $188$2,259
Total$898$10,776
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$30,788/yr
40% on housing$26,940/yr
45% on housing$23,946/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

$72This 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
2026-03-26Listed for sale$80,000
2025-06-04Listing removed$87,000
2025-03-03Listed for sale$87,000
2022-04-14Sold$52,500
2022-02-14Listed for sale$65,000
2021-10-12Listing removed--
2021-07-27Listed for sale$65,000
2012-04-16Sold$1,000
2012-02-05Listed for sale$1,000
2010-07-29Sold$24,271

For Sale by Agent

AgentDavid Rabior
BrokerageClyde Realty LLC

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