For Sale1200d on marketHistoric · 108 yrs
8773 Petoskey Ave
Detroit, MI, 48204 • Petosky-Otsego • Wayne County
$10,000
$3/sqft
Down payment assistance available
8Beds
4Baths
3,584Sqft
0.09 acLot
1918Built
Property DNA
Colonial Style
Built 1918 · 108 years of history
LAMBRECHT KELLY & COS GRAND RIVER TERMINAL(PLATS)
Petosky-Otsego
This home is getting attention
Listed 1200 days ago · 1,698 views · 75 saves
Market activity
Demand and pricing signals for this listing
1,698 views
People checking out this listing
75 saves
Buyers have saved this home
1200 days on market
Established listing
$3/sqft
Price per square foot
Selling Soon Prediction
ModerateThis home ranks in the top 45% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Multi Family · Built 1918 · Historic
Great opportunity for experienced investors. Property needs full rehab. Buyer must submit a proposal to purchase. This should include detailed plans for rehab & financing plan with Proof Of Funds or Pre- Approval letter, or a new construction loan. The Tax Capture may be incompatible with tax abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights & may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development financing. BATVAI Please see attached documents for DLBA requirements. Proposal should be submitted through google doc application. Use the link in the attachments.
Estimated monthly payment
Based on current rates
$65/month
Principal & Interest$52
Property Tax$10
Insurance$3
Down payment20% ($2,000)
3%50%
Est. 6.75% rate · 30yr fixed · $8,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1918
HeatingForced Air, Natural Gas
ParkingNo Data
Days on Zillow1200 Days
Price/sqft$3
Property
Home typeMulti Family
Sub-typeMulti Family
StyleColonial
Year built1918
Stories2
Systems
HeatingForced Air, Natural Gas
ConstructionBrick
Water / SewerPublic / Public Sewer
Parking & Outdoor
BasementUnfinished
Lot3,920 sqft
Location & Tax
NeighborhoodPetosky-Otsego
Annual tax$1,251
Parcel14007114
Bathrooms & Fees
Full baths4
Features & details
3 categories of property features
Interior Features
Heating
Forced Air
Natural Gas
Exterior Features
Construction
Brick
Pool Features
None
Listing insights
Market data and value estimates
StatusFor Sale
Days on market1200
Est. rent$1,261/mo
Tax rate1.83%
Price/sqft$3
On marketDec 15, 2022
PostedDec 13, 2022
MLS updatedDec 5, 2025
Tour days6
Views1,698
Favorites75
How are the schools in Detroit?
2 schools rated nearby
Location
Detroit, MI, 48204
Price history
7 events
DateEventPrice$/sqftSource
Dec 12, 2024Listed For Sale$10,000$3Realcomp II
Jan 16, 2024Listing Removed——Realcomp II
Dec 4, 2023Listed For Sale$10,000$3Realcomp II
Apr 11, 2023Listing Removed——Realcomp II
Dec 15, 2022Listed For Sale$10,000$3Realcomp II
Nov 16, 2020Listing Removed$1,000—Detroit Land Bank Authority
Oct 19, 2020Listed For Sale$1,000—Detroit Land Bank Authority
Listed For Sale$10,000
Dec 12, 2024•$3/sqft•Realcomp II
Listing Removed—
Jan 16, 2024•Realcomp II
Listed For Sale$10,000
Dec 4, 2023•$3/sqft•Realcomp II
Listing Removed—
Apr 11, 2023•Realcomp II
Listed For Sale$10,000
Dec 15, 2022•$3/sqft•Realcomp II
Listing Removed$1,000
Nov 16, 20200•Detroit Land Bank Authority
Listed For Sale$1,000
Oct 19, 20200•Detroit Land Bank Authority
Tax history
18 years of records
YearTax paidAssessed value
Mar 27, 2025——
Mar 27, 2024——
Mar 27, 2023——
Mar 27, 2022——
Mar 27, 2021——
Mar 27, 2020——
Mar 27, 2019——
Mar 27, 2018——
Mar 27, 2017——
Mar 27, 2016$1,511—
Mar 27, 2015$1,511—
Mar 27, 2013$1,251$12,505
Mar 27, 2010$1,511$17,917
Mar 27, 2009—$20,360
Mar 27, 2008—$22,749
Mar 27, 2007—$22,749
Mar 27, 2005$159$21,563
Mar 27, 2004—$20,935
Nearby homes
Neighborhood details
Local context around this listing
Detroit, MI • Wayne County
Nearby neighborhoods
BagleyBarton-McFarlandBrightmoorClaytownFranklin ParkHerman GardensMorningsideSouthwest DetroitSpringwellsWarrendale
Nearby cities
CantonDearbornDearborn HeightsDetroitLincoln ParkLivoniaNorthvilleRedford
Nearby zip codes
48205482124821948221482244822748228482344823548239
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