About This Home

This 3-bedroom, 2-bathroom single family at 8072 Prairie Street in Detroit, MI is listed for $55,000 ($39 per sqft). Built in 1925, the home offers 1,400 sqft of living space on a 0.07 acres lot.

Key Features

  • Built in 1925
  • 0.07 acre lot
  • 2 stories
  • Fireplace

Property Details

2 stories
2 full
1925

Amenities

Fireplace
Listing Description

Location, Location, Location! Located on the border of Dearborn , MI and only minutes from Downtown Detroit, this home is priced to offer great built in equity for the savvy investor or handy man. This is an awesome investment setup to offer generational wealth!

It has been setup as 2 unit investment property, however, it can be easily converted to a 1 family home. With the necessary updates, this sturdy property offers immediate equity based on 3 bedroom 2 bath comps projected around 3.5 times the purchase price.

The first floor unit is very spacious with 2 bedrooms and setup for a bathroom and kitchen. The second floor unit has 1 spacious bedroom and is setup for another full kitchen and bathroom. This is a potential 2 income property and has awesome longstanding neighbors with an extra lot on the side of the property.

Approximately 1.5 miles from the Jeffries expressway and super close proximity to downtown and the Grand BLVD business and medical districts. Other benefits: the city plans to expand the footprint of the downtown walking path to this nearby area. The property is sold AS IS and requires BATVAI.

Monthly Cost Estimate

$294/mo

20% down · 6.5% · 30 years

Principal$40
Interest$238
Insurance$16

Estimates only. Actual payments may vary.

Location

8072 Prairie Street

Detroit, MI 48204

Herbert L Bakers Greenfield Gardens Sub

Features & Amenities

Interior Features

Circuit Breakers

Property Details

Construction

Brick Wood

Heating

Forced Air

Questions & Answers

This 3-bedroom, 2-bathroom single family at 8072 Prairie Street is listed at $55,000 ($39/sqft). The estimated monthly payment is $294 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1925, 0.07 acre lot, 2 stories, Fireplace. Interior Features: Circuit Breakers.

This property is listed by Hope Williams.

HW

Hope Williams

Agent at Keller Williams Realty Novi Market Center

Listed by Keller Williams Realty Novi Market Center · Broker phone: (248) 380-8800 · View on Broker Site · Broker website

MLS# 20261082210· Source: Realcomp Limited II· 17 days on PropertySimple

Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

8072 Prairie Street, Detroit, MI 48204

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