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Sherwood Multifamily Homes & Duplexes for Sale

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  • /18

    $140,000

    • 4 Beds
    • 2.5 Baths
    • 1,860 Sq Ft

    20156 Spencer St, Detroit, MI 48234

    Lot's of potential in great location! This 2 Family, one unit up, one down. Has 2 bed each, 1 kitchen, 1 baths and a half bath in basement with washer dryer connections. Upper unit, currently occupied at $800 mo. Do not disturb tenant.

    Daryl Harris Black Diamond Realty

    20156 Spencer St, Detroit, MI 48234
  • /11

    $140,000

    • 4 Beds
    • 3 Baths
    • 1,902 Sq Ft

    20124 Spencer St, Detroit, MI 48234

    2 Units !!! VERY NICONDITION !!!3 full baths. all together 2 bedrooms in the entry level and 2 bedrooms in the upper level. Natural fireplace in the living room and 2 car garage.. It could also be an amazing investment home!!!!

    Gaston Munoz Munoz Realty Inc

    20124 Spencer St, Detroit, MI 48234

Why Live in Sherwood

Sherwood is a small community situated on Detroit’s northern edge. Though separated from downtown, its location along 8 Mile Road provides quick access to the shopping and dining options that fill the corridor. Green spaces like Dorais Playground and Farwell Park are also nearby, within 2 miles of the community. Homebuyers can expect convenient commutes into the city’s center and midcentury homes with comparatively lower price points. “It’s a very quiet, well-established community,” says Theresa Humes, a Realtor with Real Estate One-Southfield, who grew up in the neighborhood. “It’s also a draw for buyers to be close to 8 Mile Road.” Sherwood encompasses one square mile, stretching from an industrial sector directly west to Van Dyke Road toward the east. Its gridded streets feature narrow sidewalks and high-reaching canopies of mature trees. Bungalows and ranch-style homes built during the early mid-20th century line the community. Most come with brick-clad exteriors, each with a detached garage in the backyard. Sherwood’s home values are less than half the Detroit Metro Area average. Prices typically range from $25,000 for a property needing repair to $200,000 for a recently

Home Trends in Sherwood, MI

Housing Trends

Median Sale Price
$85,000
Median Single Family Sale Price
$85,000
Average Price Per Sq Ft
$80
Number of Homes for Sale
18
Last 12 months Home Sales
25
Months of Supply
8.60
Median List Price
$84,995
Median Change From 1st List Price
7%
Median Home Sale Price YoY Change
18%
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