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Sold for $240,000
  • Zillow Home logoZestimate®
    $240,000

    19970 Stratford Rd, Detroit, MI 48221

    6beds
    2,931sqft
    Multi Family
    Built in 1934
    -- sqft lot
    $240,000 Zestimate®
    $82/sqft
    $1,480 Estimated rent

    Home value

    $240,000

    $226,000 - $257,000

    $1,480/mo

    Zestimate® history
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    What's special

    Private rear parking lotShared driveway
    Strong investment opportunity in the heart of Palmer Park, one of Detroit's most established and walkable neighborhoods. This duplex is already producing $2,000 a month in income, with the top unit leased at $1,500 and a separate basement bedroom rented at $500, while the lower unit sits vacant and ready for its next owner or tenant. That open unit makes the property an ideal house-hack setup, where a buyer can move into their own space and let the existing tenants help carry the mortgage from day one, or a turnkey play for an investor who simply wants to fill the vacancy at market rent and run the building as pure cash flow. With roughly 2,931 square feet of living space, a shared driveway, and a private rear parking lot that tenants consistently appreciate, the layout fits the way people actually want to live in this part of the city. Step outside and Palmer Park is right there with its hiking and biking trails, tennis courts, and 18-hole golf course, and you are just minutes from the University of Detroit Mercy, Marygrove College, Henry Ford Hospital, and the shopping and dining along Woodward Avenue and McNichols Road. Recent comparable duplex sales in the immediate area have been pricing in the mid three hundreds with 3-bedroom units leasing in the upper $1,600s, pointing to real upside on both rents and long-term value. Whether you are a seasoned investor expanding your portfolio or a first-time buyer breaking into the market the smart way, properties like this do not stay available long in Palmer Park.

    Zillow last checked:

    Listing updated:

    Listed by:

    Drake O'Donnell 248-609-7108,

    NATOD Management

    Bought with:

    Tadoh Munji, 6501462941

    Keller Williams Paint Creek

    Source: Realcomp II,MLS#: 20261027321MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air, Natural Gas
    Features
    • Basement: Partially Finished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 2,931 sqft
    • Finished area above ground: 2,431
    • Finished area below ground: 500

    Property

    Features
    • Levels: Two
    • Stories: 2
    • Pool features: None
    Lot
    • Size: 4,791 Square Feet
    • Dimensions: 40 x 120
    Details
    • Parcel number: W02I005172S
    • Zoning description: MultiFamily, Residential
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Basement, Brick Mortar
    Condition
    • New construction: No
    • Year built: 1934

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: WOODWARD
    Location
    • Region: Detroit

    Financial & listing details

    • Price per square foot: $82/sqft
    • Tax assessed value: $239,900
    • Annual tax amount: $8,375
    • Date on market: 4/21/2026
    • Cumulative days on market: 94 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,Warranty Deed

    Price history

    DateEventPrice
    9/18/2026Sold$240,000-15.8%$82/sqft
    Source: Realcomp II #20261027321 Report a problem
    8/7/2026Pending sale$285,000$97/sqft
    Source: Realcomp II #20261027321 Report a problem
    7/29/2026Listed for sale$285,000$97/sqft
    Source: Realcomp II #20261027321 Report a problem
    7/20/2026Pending sale$285,000$97/sqft
    Source: Realcomp II #20261027321 Report a problem
    7/17/2026Listed for sale$285,000$97/sqft
    Source: Realcomp II #20261027321 Report a problem
    7/13/2026Pending sale$285,000$97/sqft
    Source: Realcomp II #20261027321 Report a problem
    6/1/2026Price change$285,000-3.4%$97/sqft
    Source: Realcomp II #20261027321 Report a problem
    5/4/2026Price change$295,000-6.3%$101/sqft
    Source: Realcomp II #20261027321 Report a problem
    4/21/2026Listed for sale$315,000-7.4%$107/sqft
    Source: Realcomp II #20261027321 Report a problem
    1/27/2026Listing removed$340,000$116/sqft
    Source: Realcomp II #20251055326 Report a problem
    11/19/2025Listed for sale$340,000+70%$116/sqft
    Source: Realcomp II #20251055326 Report a problem
    5/29/2024Sold$200,000$68/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $211,000 +25.3%
    2024-- $168,400 +14.5%
    2023-- $147,100 +23.6%
    2022-- $119,000 +21.7%
    2021-- $97,800
    2020$3,584 +21.1%$97,800 +30.4%
    2019$2,958 $75,000 +26.3%
    2018$2,958 $59,400 +9%
    2017-- $54,500 -7.6%
    2016$3,367 $59,000 +64.3%
    2015$3,367 -10.9%$35,900 -5%
    2013$3,781 +12.3%$37,807 -28%
    2010$3,367 $52,475 -18%
    2009-- $63,994 -15%
    2008-- $75,287 -5%
    2007-- $79,249 +5.5%
    2005$470 $75,118 +3%
    2004-- $72,930
    Find assessor info on the county website

    Neighborhood: Green Acres

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $240,000
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    Estimated market value
    $240,000