16

Penrose Homes for Sale

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  • /24

    $119,900

    $20K PRICE DROP
    • 3 Beds
    • 1.5 Baths
    • 1,125 Sq Ft

    1041 Adeline St, Highland Park, MI 48203

    Smart price. Strong location. Move-in ready.Welcome to 1041 Adeline Street, a beautifully updated Detroit home offering an appealing combination of comfort, convenience, and value. Ideally situated near the Woodward Corridor with easy access to Ferndale, Royal Oak, Downtown Detroit, major freeways, shopping, dining, entertainment, and everyday essentials.Inside, you'll find a

    Agent Photo

    A.C. Melgoza

    National Realty Centers, Inc

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

    $9,900

    $30K PRICE DROP
    • Land
    • 3,484 Sq Ft
    • $123,750 per Acre

    1044 Fernhill St, Highland Park, MI 48203

    **Back on market through no fault of the seller or property. Prior transaction did not close due to buyer circumstances. Property is available and seller is prepared to move forward with a qualified purchaser.** 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

    Agent Photo

    A.C. Melgoza

    National Realty Centers, Inc

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

    $100,000

    • Land
    • 4,791 Sq Ft
    • $909,091 per Acre

    19446 Troy Place, Detroit, MI 48203

    3 BUILDABLE LOTS ALL TOGETHER NEXT TO THE NEW PERFECTING 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
    • 4,791 Sq Ft
    • $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 PERFECTING CHURCH ON WOODWARD AND 7 MILE

    Al Griffin 20th Century Real Estate

    19426 Troy Place, Detroit, MI 48203
  • /30

    $99,900

    • 3 Beds
    • 1 Bath
    • 992 Sq Ft

    702 Fernhill St, Highland Park, MI 48203

    Welcome to this charming 3-bedroom, 1 full bath Bungalow offering 992 SQFT of living space on a corner lot. A bright sunroom welcomes you into the home, which features hardwood flooring throughout. The main level includes a comfortable living room and dining room, both equipped with ceiling fans, along with a cozy kitchen, 2 bedrooms, and a full bathroom. Upstairs, you'll find the spacious third

    Jeff Glover KW Professionals

    702 Fernhill St, Highland Park, MI 48203
  • /4

    $29,990

    • Land
    • 3,049 Sq Ft
    • $428,429 per Acre

    497 W Lantz St, Detroit, MI 48203

    Rare opportunity to build your dream home or investment property on a residential vacant lot in the heart of Hazel Park. Located in an established neighborhood surrounded by homes, this buildable parcel offers convenient access to schools, parks, shopping, dining, and major freeways. Utilities are available at the street (buyer to verify). Whether you’re a builder, investor, or future homeowner,

    Bilal Abu-Omarah Keller Williams Legacy

    497 W Lantz St, Detroit, MI 48203
  • /2

    $600,000

    • 5,000 Sq Ft

    19700 Woodward Ave, Detroit, MI 48203

    Sale includes 19700-19680 Woodward. Currently used car lot and repair facility. Value in Land for development. Close to State Fair Development . Call listing Broker for details. Ideal for Fast Food location.

    Dominic Prezzato First Team Real Estate

    19700 Woodward Ave, Detroit, MI 48203
  • /24

    $150,000

    • 4 Beds
    • 2 Baths
    • 1,306 Sq Ft

    19320 Carman St, Highland Park, MI 48203

    LEASE PURCHASE / LIHTC HOMEOWNERSHIP OPPORTUNITY. This property is offered through the Premier Property Services Lease Purchase Program and is subject to MSHDA eligibility requirements. Buyers must qualify under applicable affordable housing guidelines before a purchase contract can proceed. Occupied homes require review of the existing Move-In Tenant Income Certification (TIC). Vacant homes

    James Bufalino Premier Property Services LLC

    19320 Carman St, Highland Park, MI 48203
  • /4

    $29,990

    • Land
    • 3,049 Sq Ft
    • $428,429 per Acre

    491 W Lantz St, Highland Park, MI 48203

    Rare opportunity to build your dream home or investment property on a residential vacant lot in the heart of Hazel Park. Located in an established neighborhood surrounded by homes, this buildable parcel offers convenient access to schools, parks, shopping, dining, and major freeways. Utilities are available at the street (buyer to verify). Whether you’re a builder, investor, or future homeowner,

    Bilal Abu-Omarah Keller Williams Legacy

    491 W Lantz St, Highland Park, MI 48203
  • /13

    $29,900

    $10K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 792 Sq Ft

    975 Fernhill St, Highland Park, MI 48203

    Welcome to 975 Fernhill! This Detroit ranch is 2 bedrooms, 1 bath, and 792 Sqft. The roof is newer, within the last couple of years. Currently down to the studs and ready for TLC to make it your own. Schedule a showing today! BTVAI

    Jeff Glover KW Professionals

    975 Fernhill St, Highland Park, MI 48203
  • /9

    $2,500,000

    • 2,628 Sq Ft

    19463 Troy Place, Highland Park, MI 48203

    LOCATED NEXT TO PERFECTING CHURCH CATHEDRAL, A PLACE OF WORSHIP FOR SALE INCLUDE BUILDING AND 5 BUILDABLE ADDITIONAL LOTs ALL CONNECTED TO EACH OTHER OR FOR WHATEVER YOUR NEEDS ARE TEAR DOWN AND BUILD NEW HOMES ETC. LOTS CONSIST OF 19461, 19451, 19445, 19435, 19429 TROY PL. BUYER RESPONSIBLE FOR SURVEY. THIS IS A AS IS SALE ONLY. DRIVE BY ONLY.ADDITIONAL BUILDABLE 3 LOTS DIRECTLY ACROSS THE

    Al Griffin 20th Century Real Estate

    19463 Troy Place, Highland Park, MI 48203
  • /3

    $170,000

    • 1,800 Sq Ft

    218 W 7 Mile Rd, Highland Park, MI 48203

    THIS SALE WILL INCLUDE THE FOLLOWING : LOT 214, BUILDING 218, LOT 224, LOT 230, LOT 236, AL ON THE MAIN ROAD 7 MILE WITH A FRONTAGE OF 120 FEET

    James Sagmani Century 21 Professionals Sterling Heights

    218 W 7 Mile Rd, Highland Park, MI 48203
  • /2

    $100,000

    • Land
    • 4,791 Sq Ft
    • $909,091 per Acre

    19436 Troy Place, Detroit, MI 48203

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

    Al Griffin 20th Century Real Estate

    19436 Troy Place, Detroit, MI 48203
  • /13

    $147,500

    $13K PRICE INCREASE
    • 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
  • /21

    $29,900

    $20K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 1,224 Sq Ft

    985 Fernhill St, Highland Park, MI 48203

    Welcome to 985 Fernhill! This Detroit bungalow is 2 bedrooms, 1 bath, and 1224 Sqft. The roof is newer, within the last couple of years. Currently down to the studs and ready for TLC to make it your own. Schedule a showing today! BTVAI

    Jeff Glover KW Professionals

    985 Fernhill St, Highland Park, MI 48203
  • /27

    $119,900

    $10K PRICE DROP
    • 3 Beds
    • 1.5 Baths
    • 1,541 Sq Ft

    19452 Troy Place, Highland Park, MI 48203

    Tucked right up against the tree line at the end of a quiet cul-de-sac, this modern 3-bedroom, 1.5-bathroom home offers a rare combination of 2003 construction and unbeatable highway convenience. Spanning over 1,500 square feet, the smart layout features an integrated front-facing attached garage and an open-concept main floor perfect for daily living, while all three bedrooms are tucked away

    Sam Hantosh RE/MAX Team 2000

    19452 Troy Place, Highland Park, MI 48203

Why Live in Penrose

Penrose is a historic neighborhood on Detroit, Michigan’s north side that combines classic housing, convenient access to jobs and everyday amenities. The community is known for its collection of early 20th century bungalows and midcentury ranch-style homes, many of which were built during Detroit’s industrial boom and remain valued for their solid construction. Families in Penrose are served by the Detroit Public Schools Community District, which offers a school-of-choice system and access to specialty programs throughout the city. Residents benefit from convenient transportation connections via Woodward Avenue, 8 Mile Road and several Detroit bus routes. Dining options nearby include longtime local favorites and international restaurants, while shopping can be found along 7 Mile Road and Woodward Avenue. Palmer Park is a nearly 300-acre destination with historic landmarks and one of the area’s last remaining stands of virgin forest.

Penrose, Detroit, MI Home Prices vs. Nearby Neighborhoods

Penrose Oakman Boulevard Community Grant Garden Homes
Median Home Price
$99,900
$97,000
$94,900
$99,500
Median Sale Price
$35,500
% YoY
$90,000
-2% YoY
$85,000
+37% YoY
$92,000
-3% YoY
Median Single Family Price
$59,000
$99,500
$89,900
$90,000
Total Active Listings
7 listings
45 listings
11 listings
20 listings
Market Conditions
42 Months of Supply
Buyer's Market
17 Months of Supply
Buyer's Market
9 Months of Supply
Buyer's Market
7 Months of Supply
Buyer's Market

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.
How much do you need to make to afford a house in Penrose?
The median home price in Penrose is $99,900. If you put a 20% down payment of $20,000 and had a 30-year fixed mortgage with an interest rate of 6.76%, your estimated principal and interest payment would be $520 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $22K 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, 48030, 48220, 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, Greenfield Park, Hawthorne Park and Green Acres.
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