11

Penrose Homes for Sale

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  • /24

    $139,900

    • 3 Beds
    • 1.5 Baths
    • 900 Sq Ft

    1041 Adeline St, Highland Park, MI 48203

    Opportunity meets location in the heart of Detroit’s Woodward Corridor. A move-in-ready home perfectly positioned between Downtown Detroit energy and the charm of neighboring Ferndale and Royal Oak. Whether you work in the city, love local culture, or want quick access to everything without paying premium suburb prices, this address delivers. Inside, you will find thoughtful updates that blend

    Agent Photo

    A.C. Melgoza

    National Realty Centers, Inc

    (313) 474-7097

    1041 Adeline St, Highland Park, MI 48203
  • /7

    $39,900

    • Land
    • 0.08 Acre
    • $498,750 per Acre

    1044 Fernhill St, Highland Park, MI 48203

    It’s in the name! Woodward x Penrose: Future Elegance in Motion. Vacant residential lot in Detroit-Highland Park Penrose section. Positioned just off Woodward Avenue with strong regional connectivity to Downtown Detroit, Ferndale, Royal Oak, and major employment corridors. Ideal for builders seeking an affordable infill project, investors assembling parcels in a strategic corridor, or buyers

    Agent Photo

    A.C. Melgoza

    National Realty Centers, Inc

    (313) 221-9268

    1044 Fernhill St, Highland Park, MI 48203
  • /2

    $100,000

    • Land
    • 0.11 Acre
    • $909,091 per Acre

    19446 Troy Place, Detroit, MI 48203

    3 BUILDABLE LOTS ALL TOGETHER NEXT TO THE NEW PERFECTION CHURCH ON WOODWARD AND 7 MILE. TWO OTHER LOTS NEXT TO THIS LOT FOR SALE $100K EACH AS WELL TO BE SOLD TOGETHER NO SPLIT SALES. ADDRESS 19436, 19426 TROY PL ALL LOCATED TOGETHER.

    Al Griffin 20th Century Real Estate

    19446 Troy Place, Detroit, MI 48203
  • /2

    $100,000

    • Land
    • 0.11 Acre
    • $909,091 per Acre

    19426 Troy Place, Detroit, MI 48203

    3 buildable LOTS ALL TOGETHER FOR SALE AT $100,000. EACH LOCATED NEXT TO NEW PERFECTION CHURCH ON WOODWARD AND 7 MILE

    Al Griffin 20th Century Real Estate

    19426 Troy Place, Detroit, MI 48203
  • /4

    $12,000

    • Land
    • 0.08 Acre
    • $150,000 per Acre

    528 Adeline St, Detroit, MI 48203

    Zoned residential, vacant land which and had a house on them at one time. New homes are already being built in the area of the lot. This lot can be bought as a bundle with other properties in the area.

    Jennifer Fanning Mutual Realty, LLC

    528 Adeline St, Detroit, MI 48203
  • /16

    $12,000

    • 4 Beds
    • 2 Baths
    • 1,304 Sq Ft

    19375 Danbury St, Highland Park, MI 48203

    Investor opportunity featuring a 4-bedroom, 2-bathroom bungalow located in a Federal Opportunity Zone, offering potential long-term tax advantages for qualified buyers. Situated in a convenient Detroit location with easy access to major roadways, neighborhood amenities, and nearby commercial corridors, this property is well positioned for continued investment and redevelopment activity. Ideal for

    Mikhail Grigoryan Detroit Progress Realty LLC

    19375 Danbury St, Highland Park, MI 48203
  • /3

    $12,000

    • Land
    • 0.07 Acre
    • $171,429 per Acre

    19628 Danbury St, Detroit, MI 48203

    Zoned residential, vacant land which and had a house on them at one time. New homes are already being built in the area of the lot. This lot can be bought as a bundle with other properties in the area.

    Jennifer Fanning Mutual Realty, LLC

    19628 Danbury St, Detroit, MI 48203
  • /4

    $30,000

    • Land
    • 0.07 Acre
    • $428,571 per Acre

    744 Annin St, Highland Park, MI 48203

    Build your dream home in the center of Detroit’s cultural surge. Set in the vibrant Woodward Corridor, surrounded by historic restorations, creative start-ups, and neighborhood revitalization projects. Conveniently situated near Amazon, with easy access to major corridors, employment centers, and surrounding amenities. Land is well positioned for continued investment and redevelopment activity.

    Jennifer Fanning Mutual Realty, LLC

    744 Annin St, Highland Park, MI 48203
  • /2

    $100,000

    • Land
    • 0.11 Acre
    • $909,091 per Acre

    19436 Troy Place, Detroit, MI 48203

    3 LOTS ALL TOGETHER NEXT TO NEW PERFECTION CHURCH ON WOODWARD AND 7 MILE. 2 LOTS NEXT TO SUBJECT SOLD TOGETHER $100K EA NO SPLIT SALE 19426,19446 TROY PL

    Al Griffin 20th Century Real Estate

    19436 Troy Place, Detroit, MI 48203
  • /13

    $147,500

    • 4 Beds
    • 2 Baths
    • 1,264 Sq Ft

    19312 Danbury St, Highland Park, MI 48203

    Large Highland park bungalow on a TRIPLE lot! This home features 3 bedrooms, 2 bathrooms, and over 1200 sq.ft of living space. Large fence around the property and a large driveway with plenty of space. Located right off of Woodward and close to expressway, shopping, and restaurants.

    Erick Monzo Keller Williams Realty-Great Lakes

    19312 Danbury St, Highland Park, MI 48203
  • /14

    $15,000

    • 3 Beds
    • 1 Bath
    • 748 Sq Ft

    474 Adeline St, Highland Park, MI 48203

    3-bedroom, 1-bath bungalow offering a functional layout with a spacious living area and main-floor bedroom, plus additional bedrooms upstairs. Solid footprint with value-add potential for an investor or owner-occupant. Located in a designated Federal Opportunity Zone, providing potential long-term tax advantages for investors. Conveniently situated near Amazon, with easy access to major

    Mikhail Grigoryan Detroit Progress Realty LLC

    474 Adeline St, Highland Park, MI 48203

Why Live in Penrose

Named for its location along Penrose Street, Detroit’s Penrose neighborhood packs a century of culture and resilience into a small community at the city’s northern edge. This three-by-nine-block neighborhood north of Seven Mile was historically ...

Frequently Asked Questions

Is Penrose a good place to live?
Penrose is a good place to live. Penrose is considered car-dependent and very bikeable with some transit options. Penrose has 5 parks for recreational activities. It has a median age of 38. The average household income is $21,267 which is below the national average. College graduates make up 2.8% of residents. A majority of residents in Penrose are renters, with 87% of residents renting and 13% of residents owning their home. A local real estate agent serving Penrose can help you decide if this neighborhood is the right one for you. Learn more on our Penrose neighborhood guide.
Is Penrose, MI a safe neighborhood?
Penrose, MI is less safe than the average neighborhood in the United States. It received a crime score of 8 out of 10.
How much do you need to make to afford a house in Penrose?
The median home price in Penrose is $59,000. If you put a 20% down payment of $11,800 and had a 30-year fixed mortgage with an interest rate of 6.11%, your estimated principal and interest payment would be $290 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $12K a year to afford the median home price in Penrose. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Penrose is $21K.
What are the best public schools in Penrose?
The best public schools that serve Penrose are:
What are the best private schools in Penrose?
The best private schools that serve Penrose are:
What are the most popular zip codes in Penrose, Detroit, MI?
The most popular zip codes in Penrose, Detroit, MI include 48203, 48220, 48030, 48221 and 48234.
What are the most popular neighborhoods near Penrose, Detroit, MI?
The most popular neighborhoods near Penrose, Detroit, MI are Grixdale Farms, Nolan, Palmer Woods, Hawthorne Park and Green Acres.

Home Trends in Penrose, MI

Housing Trends

Median Sale Price
$59,000
Median Single Family Sale Price
$59,000
Average Price Per Sq Ft
$70
Number of Homes for Sale
4
Last 12 months Home Sales
1
Months of Supply
48.00
Median List Price
$59,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
162%
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