15640 Inverness St, Detroit, MI, 48238
About This Home
Investor Special – Double Lot Included! Great investment opportunity for the savvy investor looking to bring new life to a property with tremendous potential. This home requires a complete renovation but offers the opportunity to create a strong rental property or value-add investment once improvements are completed. The sale includes the adjacent double lot to the left of the home, providing additional space and future possibilities. Inside, you'll find a bonus living area, separate dining room, spacious room sizes, a full open basement, and a huge attic offering ample storage or potential expansion opportunities. Additional features include a large covered front porch and a functional layout ready for your vision and updates. Property is being sold as-is.
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1924
Materials
- Foundation: Basement,Block
- Construction materials: Aluminum Siding,Block,Vinyl Siding,Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Single Family Residence
Interior
Basement
- Has basement: Yes
- Basement: Unfinished
Bedroom
- Level: Entry
- Area: 132
- Dimensions: 12 X 11
Bedroom
- Level: Entry
- Area: 120
- Dimensions: 12 X 10
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Dining Room
- Level: Entry
- Area: 110
- Dimensions: 10 X 11
Features
- Finished area above ground: 976
Heating
- Heating features: Forced Air,Natural Gas
Interior Area
- Total interior livable area: 976 sqft
Kitchen
- Level: Entry
- Area: 108
- Dimensions: 12 X 9
Living Room
- Level: Entry
- Area: 180
- Dimensions: 12 X 15
Other
- Level: Entry
- Area: 35
- Dimensions: 5 X 7
Property
Details
- Parcel number: W08I009742S
- Special condition: Short Sale No,Standard
Features
- Levels: One
- Stories: 1
- Entry location: GroundLevelwSteps
- Pool features: None
Lot
- Lot size: 3,920 sqft
- Lot size dimensions: 30 x 127
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
- Heat Wave
- Strong Wind
- Tornado
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Wayne County and Michigan
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $202 | $2,424 |
| Home Insurance * | $123 | $1,476 |
| Property Taxes | $49 | $588 |
| Electricity | $188 | $2,259 |
| Total | $562 | $6,744 |
Income You'd Need if You Spent...
Michigan FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-15 | Price change | $35,000 |
| 2026-06-17 | Listed for sale | $40,000 |
| 2025-09-08 | Listing removed | $29,900 |
| 2025-08-03 | Price change | $29,900 |
| 2025-06-20 | Listed for sale | $40,000 |
| 2019-06-07 | Listing removed | $6,000 |
| 2019-05-28 | Price change | $6,000 |
| 2019-05-09 | Price change | $7,000 |
| 2019-04-23 | Price change | $9,500 |
| 2019-04-08 | Price change | $12,000 |
| 2019-03-26 | Listed for sale | $15,000 |
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