3401 Michigan Ave Detroit, MI 48216
Southwest Detroit NeighborhoodEstimated payment $6,984/month
Highlights
- Ground Level Unit
- No HOA
- Forced Air Heating System
- Cass Technical High School Rated 10
About This Home
Experience the perfect blend of historic charm and modern luxury in this meticulously converted former commercial bank, now a stunning single-family residence. Located in West Corktown Detroit, this unique property offers 2 spacious bedrooms, an office, 2 full bathrooms across 3,000 square feet of thoughtfully designed living space.
Originally constructed in 1925, the building’s rich history is preserved through its limestone façade and architectural details, while the interior has been transformed to meet contemporary standards. The open-concept layout features high ceilings, exposed brick walls, and large windows that flood the space with natural light.
The gourmet kitchen features custom cabinetry, and a large island, making it a chef’s dream. The master suite includes a luxurious en-suite bathroom with modern fixtures and finishes. Additional bedrooms offer ample space and comfort.
A private outdoor courtyard provides a serene retreat for relaxation or entertaining guests. The property also includes an expansive basement, offering additional space for a home office, gym, or entertainment area.
Situated within the Michigan Avenue Historic Commercial District, this home is not only a residence but a piece of Detroit’s cultural heritage. Its location offers easy access to local shops, restaurants, and entertainment venues, embodying the vibrant spirit of the city.
Previously used as a commercial bank, this property offers many prime multi purpose options!
Can be sold as a bundle with the building next door that's currently being used as a profitable Airbnb 3415 Michigan Ave.
Home Details
Home Type
- Single Family
Est. Annual Taxes
Year Built
- Built in 1925
Lot Details
- 4,356 Sq Ft Lot
- Lot Dimensions are 33.00 x 150
- Property fronts a highway
Home Design
- Block Foundation
- Stone Siding
Interior Spaces
- 3,000 Sq Ft Home
- 2-Story Property
- Unfinished Basement
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Location
- Ground Level Unit
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Sewer in Street
Community Details
- No Home Owners Association
- Fishers Sub Of Eastern Pt Of Lots 62 & 63 Subdivision
Listing and Financial Details
- Assessor Parcel Number W12I000323S
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,970 | $164,500 | $0 | $0 |
| 2024 | $1,970 | $139,800 | $0 | $0 |
| 2023 | $1,672 | $105,900 | $0 | $0 |
| 2022 | $2,111 | $134,600 | $0 | $0 |
| 2021 | $1,813 | $66,400 | $0 | $0 |
| 2020 | $2,112 | $63,400 | $0 | $0 |
| 2019 | $1,995 | $56,000 | $0 | $0 |
| 2018 | $755 | $9,200 | $0 | $0 |
| 2017 | $163 | $8,600 | $0 | $0 |
| 2016 | $702 | $82,000 | $0 | $0 |
| 2015 | $850 | $8,500 | $0 | $0 |
| 2013 | $731 | $8,506 | $0 | $0 |
| 2010 | -- | $9,160 | $2,783 | $6,377 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/30/2025 07/30/25 | Price Changed | $1,250,000 | -3.8% | $417 / Sq Ft |
| 05/08/2025 05/08/25 | For Sale | $1,300,000 | -- | $433 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $28,470 | Title One Inc | |
| Warranty Deed | $55,000 | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Realcomp
MLS Number: 20250028849
APN: 12-000323
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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