$37,000 EMV NEW

3 Beds   1 Bath   1,248 Sq. Ft.   Single-Family
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Monica St
Detroit, MI 48238

Overview

This Single-Family City Owned is located at Monica St, Detroit, MI 48238. It has 3 Beds 1 Bath , 1,248 sqft of living space. This property is City Owned with an estimated market value of $37,000.
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Status: Active
Listing ID: 64505698
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Homes near Monica St in Detroit, Michigan


Learn about Monica St in Detroit, MI

This single-family property is available as a city owned at Monica St. This property features 3 bedrooms and 1 bathrooms, perfect for investment and/or your personal residence. With 1,248 square feet of living space, you can enjoy sizable rooms for comfortable living and flexibility in the common areas for family gatherings. Our team of real estate experts has conducted a thorough analysis of the current market conditions in Detroit, specifically for Monica St and comparable listings. Based on this expert analysis, the estimated market value is $37,000. If purchased for rental purposes, the monthly rental rate could range between $970 and $1,450, providing a solid return on investment. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on Monica St are updated daily along with others in Detroit, Michigan, ensuring you have the most current and accurate information.


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Plus with taxes and insurance

Based on 20% down, 30 year mortgage, with 6% APR

Principal
Interest
Property Taxes
Homeowners Insurance
Total Monthly Ownership Cost

All calculations are estimates provided for informational purposes. Actual amounts may vary by location. It is important to know that mortgage rates are dependent on credit scores, loan timeline, and a down payment amount.

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What is the city of Detroit, MI like?

Detroit is the largest city in the state of Michigan and is known for its rich history in music and automotive manufacturing. The city offers a vibrant arts scene, with numerous galleries, theaters, and music venues, including the famous Motown Museum. Residents benefit from a diverse array of dining options, outdoor parks, and community events that celebrate the city's unique culture.

The city has been undergoing significant revitalization, especially in its downtown area, attracting young professionals and families. With historic neighborhoods, modern amenities, and proximity to the Great Lakes, Detroit provides an urban lifestyle with easy access to nature and recreation.

Education is prioritized in Detroit, with a mix of public, charter, and private schools available as well as several prominent universities including Wayne State University and the University of Detroit Mercy. The city’s public transportation options, including the QLINE streetcar, make it easy to navigate the urban landscape.

Nearby Schools

There are 4 schools in the area. Nearby schools include Cass Technical High School and Detroit School of Arts.

Cass Technical High School
Detroit School of Arts
University Prep Academy
Wayne State University

Nearby Attractions

There are plenty of activities near this property like Detroit Public Library, Detroit Historical Museum, and more.

Detroit Public Library
Detroit Historical Museum
The Charles H. Wright Museum of African American History
Henry Ford Health System

What kind of public transportation is there?


Public transportation options include: The QLINE streetcar runs along Woodward Avenue providing access to downtown, with stops at key attractions and neighborhoods., The Detroit Department of Transportation (DDOT) offers bus services that cover a wider range of areas throughout the city.. Other services include ride-sharing services like Uber and Lyft.

Nearby Parks


Parks nearby include Belle Isle Park, Campus Martius Park and more.

Belle Isle Park
Campus Martius Park
Riverside Park
Detroit Riverwalk

Cellular & Internet Providers


Services available in the area include cellular and internet options.

Cellular Providers

Verizon Wireless
AT&T
T-Mobile

Internet Providers

Comcast Xfinity
AT&T
WOW! Internet
Rental Chart
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for Monica St in Detroit Michigan
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Property Information

City Owned

The property located at Monica St in Detroit, MI is listed as a City Owned

This is an active City Owned listing located in Detroit, Michigan. Properties on www.foreclosure.com are typically available for deep discounts that can often reach 50 percent or more!
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Auction Information

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County Information

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Rental Value

The estimated rental value for Monica St located in Detroit, MI is $1,211/month. Comparable homes around Monica St that are rentals have monthly ranges starting as low as $970 per month and as high as $1,450 per month. An owner looking to use this property as an investment could bring a return in the area of $970 - $1,450 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

Listing History

City Owned
12/02/25 - Present

Listing information updated for this property.

Status: Active

Similar Homes Nearby Detroit, MI


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Monica St
Detroit, MI 48238

3 Beds   1 Bath   1,248 sq. ft.   Single-Family

$37,000 EMV

Status: Active Listing ID: 64505698

Property Information

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Property Description

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Listing URL

https://www.foreclosure.com/listing/address.html?address=Monica-St-Detroit-MI-48238/64505698_lid

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