1

The Eye Multifamily Home for Sale

Section Image
  • /29

    $243,000

    • 6 Beds
    • 2 Baths
    • 2,548 Sq Ft

    18626 Five Points St, Redford, MI 48240

    INCREDIBLE Investment Opportunity that will not last long!! This completely remodeled 6 Bedroom/2 Full bath Duplex has been updated and remodeled and is ready to generate a large monthly income. Tenants can move right in and the Cash Flow begins or Buyer can live in one unit and rent the other. Endless possibilities as the property would also make a wonderful Single Family Home for a Large

    Nicole Abbiss KW Metro

    18626 Five Points St, Redford, MI 48240

Why Live in The Eye

The Eye neighborhood in Detroit, known for its vigilant community spirit dating back to the 1980s, offers a suburban feel within the city. Originally home to many city employees, the area now boasts a diverse mix of residents. Housing options include solidly built ranches, Cape Cods, Colonial Revivals, and vinyl-sided bungalows, with brick being a common material. Duffy’s Den, a local bar and restaurant famous for its hamburgers, serves as a social hub and hosts unique events like the Babe Ruth Birthday Bash. For groceries, residents frequent nearby Aldi, Spartan Market, and Darou Salam African Market. The Eye is safer than the national average, with speed bumps throughout the neighborhood to deter speeding. The recently renovated Edward G. Heckel Park features a playground, basketball court, softball field, horseshoe pits, volleyball court, fitness equipment, picnic tables, and trash bins, thanks to the efforts of the Mortenson Grand River Homeowners Association. The neighborhood is somewhat walker-friendly with a walk score of 56/100, and Interstate 96 is 3 miles away, with DDOT buses running along Grand River Avenue and Telegraph Road.

Home Trends in The Eye, MI

Housing Trends

Median Sale Price
$98,000
Median Single Family Sale Price
$89,450
Average Price Per Sq Ft
$96
Number of Homes for Sale
14
Last 12 months Home Sales
30
Months of Supply
5.60
Median List Price
$103,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
15%
How to Buy a Home How to Finance a Home How to Sell a Home