For sale

$110,000

9242 Meyers Rd, Detroit, MI 48228

3beds

1,365sqft

$991/mo

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Single Family Residence

Built in 1925

4,356 Square Feet Lot

$100,200 Zestimate^®

$81/sqft

$-- HOA

What's special

Functional single-family layout

Turnkey investment opportunity in Detroit! 9242 Meyers Rd is a tenant-occupied 3-bedroom, 1-bath bungalow offering immediate cash flow and strong rental potential. Featuring a functional single-family layout with solid investment appeal, this property is ideal for investors looking to add a performing asset to their portfolio. Currently generating income with an estimated 13% cap rate, making this an excellent opportunity for both seasoned and new investors. Conveniently located near major roads, shopping, schools, and local amenities. Tenant occupied — please do not disturb tenant. Showings available with accepted offer or approved access only.

80 days

24

1

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Bedroom

Level: Entry
Area: 120
Dimensions: 12 X 10

Bedroom

Level: Entry
Area: 100
Dimensions: 10 X 10

Bedroom

Level: Second
Area: 170
Dimensions: 17 X 10

Other

Level: Entry

Heating

Forced Air, Natural Gas

Features

Basement: Unfinished
Has fireplace: No

Interior area

Total interior livable area: 1,365 sqft
Finished area above ground: 1,365

Property

Parking

Total spaces: 1
Parking features: One Car Garage, Detached
Garage spaces: 1

Features

Levels: One And One Half
Stories: 1.5
Entry location: GroundLevelwSteps
Pool features: None

Lot

Size: 4,356 Square Feet
Dimensions: 35 x 121.75

Details

Parcel number: W18I018613S
Special conditions: Short Sale No,Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Bungalow
Property subtype: Single Family Residence

Materials

Aluminum Siding
Foundation: Basement, Block

Condition

New construction: No
Year built: 1925

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: B E TAYLORS MIDDLEPOINT SUB

HOA

Has HOA: No

Location

Region: Detroit

Financial & listing details

Price per square foot: $81/sqft
Tax assessed value: $45,800
Annual tax amount: $5,134
Date on market: 5/18/2026
Cumulative days on market: 80 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Contract,Conv Blend Rt,Warranty Deed
Exclusions: Exclusion(s) Do Not Exist

Estimated market value

$100,200

$91,000 - $109,000

$1,436/mo

Price history

Date	Event	Price
5/18/2026	Listed for sale	$110,000+214.3%$81/sqft
Source: Realcomp II #20261035652 Report a problem
8/1/2024	Listing removed	--
Source: Zillow Rentals Report a problem
7/20/2024	Listed for rent	$1,400$1/sqft
Source: Zillow Rentals Report a problem
7/17/2024	Sold	$35,000-26.9%$26/sqft
Source: Realcomp II #20230104120 Report a problem
3/13/2024	Pending sale	$47,900$35/sqft
Source: Realcomp II #20230104120 Report a problem
2/9/2024	Price change	$47,900-14.3%$35/sqft
Source: Realcomp II #20230104120 Report a problem
12/16/2023	Listed for sale	$55,900$41/sqft
Source: Realcomp II #20230104120 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$38,500 +27.9%
2024	--	$30,100 +38.7%
2023	--	$21,700 +24%
2022	--	$17,500 +14.4%
2021	--	$15,300
2020	$1,313 +52.8%	$15,300 +31.9%
2019	$859	$11,600 +12.6%
2018	$859	$10,300 -8.8%
2017	--	$11,300 +8.7%
2016	$1,002	$10,400
2015	$1,002 -25.4%	$10,400 -28.5%
2013	$1,342 +34%	$14,537 -30.2%
2010	$1,002	$20,828 -12%
2009	--	$23,668 -13.5%
2008	--	$27,362
2007	--	$27,362 +5.5%
2005	$134	$25,936 +3%
2004	--	$25,181

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

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