Invest in Detroit's Future! Expansive Lot with Airbnb Potential
Position yourself for success with this incredible investment opportunity located just a few minutes from vibrant downtown Detroit. The value here lies in the exceptional lot, a rare find with substantial space on both sides, perfect for developing a profitable Airbnb business. Imagine the possibilities for a unique outdoor entertainment area, additional units, or private parking.
While this home may need some TLC, its strategic location is the key asset. The property is sold exclusively to a cash buyer on an as-is, no repairs, inspection for informational purposes only, no contingencies basis for a quick and simple closing. This is your chance to get in on the ground floor and ride the wave of Detroit's ongoing revitalization. Seize this opportunity to create and profit. This is a cash-only transaction. BTVAI.
For sale
$125,000
18427 Ryan Rd, Detroit, MI 48234
5beds
3,000sqft
Multi Family
Built in 1930
-- sqft lot
$-- Zestimate®
$42/sqft
$-- HOA
What's special
- 9 days |
- 169 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
Keisha Coleman 248-904-9243,
Coleman Realty Group 313-444-2499
Source: Realcomp II,MLS#: 20261047721
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 1
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Window Units
Appliances
- Laundry: Electric Dryer Hookup, In Unit, Washer Hookup
Features
- Basement: Common,Full,Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 3,000 sqft
- Finished area above ground: 3,000
Property
Parking
- Total spaces: 6
- Parking features: Garage, Oversized, Shared Driveway
- Has garage: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Enclosed, Porch
- Exterior features: Private Entrance
- Pool features: None
- Fencing: Back Yard,Fencing Allowed
Lot
- Size: 3,920 Square Feet
- Dimensions: 40 x 100
Details
- Parcel number: W13I020970S
- Zoning description: MultiFamily
- Special conditions: Agent Owned,Short Sale No
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Upper Lower Apartment
- Property subtype: Multi Family
Materials
- Brick, Vinyl Siding
- Foundation: Basement, Block
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer, Sewer At Street
- Water: Public
- Utilities for property: Above Ground Utilities
Community & HOA
Community
- Features: Sidewalks
- Subdivision: DODGE LAND
Location
- Region: Detroit
Financial & listing details
- Price per square foot: $42/sqft
- Tax assessed value: $6,010
- Annual tax amount: $852
- Date on market: 6/27/2026
- Cumulative days on market: 10 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
$1,377/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/27/2026 | Listed for sale | $125,000+4.2%$42/sqft |
Source:  Realcomp II #20261047721 Report a problem | ||
| 10/6/2025 | Listing removed | $120,000$40/sqft |
Source: Realcomp II #20251038983 Report a problem | ||
| 9/23/2025 | Listed for sale | $120,000+5245.2%$40/sqft |
Source: Realcomp II #20251038983 Report a problem | ||
| 7/25/2012 | Sold | $2,245-39.2%$1/sqft |
Source: Public Record Report a problem | ||
| 4/19/2012 | Sold | $3,695$1/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $17,500 +23.2% |
| 2024 | -- | $14,200 +22.4% |
| 2023 | -- | $11,600 +4.5% |
| 2022 | -- | $11,100 +13.3% |
| 2021 | -- | $9,800 |
| 2020 | $417 -45% | $9,800 +5.4% |
| 2019 | $759 | $9,300 -1.1% |
| 2018 | $759 | $9,400 +6.8% |
| 2017 | -- | $8,800 -64.9% |
| 2016 | $1,008 | $25,100 +356.4% |
| 2015 | $1,008 +47.8% | $5,500 -19.3% |
| 2013 | $682 -32.4% | $6,818 -31.8% |
| 2010 | $1,008 | $9,996 -12% |
| 2009 | -- | $11,359 -13.5% |
| 2008 | -- | $13,132 |
| 2007 | -- | $13,132 +5.5% |
| 2005 | $140 | $12,447 +3% |
| 2004 | -- | $12,084 +15.8% |
| 2001 | $869 | $10,436 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Krainz Woods
Nearby schools
GreatSchools rating
- 3/10Mason AcademyGrades: PK-8Distance: 1.1 mi
- 2/10Pershing High SchoolGrades: 9-12Distance: 0.3 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Michigan
- Wayne County
- Detroit
- 48234
- Krainz Woods
- 18427 Ryan Rd
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Detroit Topics
