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Financial
Distress signals
Property profile

4202 2nd Ave 5 Detroit, MI 48201

OFF-MARKET
Garden apartment buildings
Property ID
US43-0406769
718 SF 1 ac lot Built 1908
Last sale Jun 2011 · $45,000
Individually Owned Owner of record is an individual. 15-yr Hold Held for 15 years.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2020

What does the county charge?
$808
Tax billed · 2020
Assessed value · 2024$45k
Effective rate1.80%

Value estimate

· Oct 2026
$170k
$172k – $176k Model range

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$297/SF
ZIP average, outlier-cleaned · 57 recorded sales of this use type
Observed band · Q1–Q3$249 – $342
Qualifying comparables9

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Nail Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Nail Salon11.8
Electrical Service11.2
Kitchen & Bath10.7

Location

4202 2nd Ave, Unit 5 Detroit, MI 48201-1766
County assessor Recorded deeds · 2 transfers 9 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
476 Prentis, Detroit, MI 48201-1359 $239,000 Jul 2024 717 SF
434 Alexandrine St, Detroit, MI 48201-1754 $330,000 Jun 2024 1,320 SF
248 Mack, Detroit, MI 48201-2463 $350,000 Jan 2024 1,156 SF
500 Willis, Detroit, MI 48201-1763 $195,000 May 2023 722 SF
2552 John R, Detroit, MI 48201-3105 $531,000 Jul 2022 1,449 SF
467 Hancock, Detroit, MI 48201-1207 $175,000 Aug 2019 1,498 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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