5
1
1
3
Toggle Menu
Toggle Menu
Toggle Menu

Detroit, MI 48204 Commercial Properties For Sale

The median home value in Detroit, MI 48204 is $49,600. This is lower than the county median home value of $150,200. The national median home value is $338,100. The average price of homes sold in Detroit, MI 48204 is $49,600. Approximately 33.03% of Detroit, MI 48204 homes are owned, compared to 29.90% rented, while 37.07% are vacant. Detroit, MI 48204 real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Detroit, MI 48204 real estate agent to arrange a tour today!

Learn More About Detroit, MI 48204 Real Estate

Statistics & facts

24,513 Population
$49,600 Medium Home Value
8,929 # of Households
37.07% Housing Vacancy
45.94% Future Job Growth
2.40% Unemployment Rate

Andrea D. Conner, License 471020674, Xome Inc., License 478026347, AndreaD.Conner@xome.com, 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


© 2025 Midwest Real Estate Data LLC. All rights reserved. Listings courtesy of MRED MLS as distributed by MLS GRID, based on information submitted to the MLS GRID as of {{last updated}}.. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.


Population

Detroit, MI 48204 has a population of approximately 24,513 and experiences a population change rate of -42.07%. The population density is 4,890.9 / sq mi.

Household

The median household income for Detroit, MI 48204 is $27,609, with 8,929 households and an average household size of 2.47.

Cost of Living

The cost of living index in Detroit, MI 48204 is 98.7%.

Home Value

The median value of a home in Detroit, MI 48204 is $49,600 with an appreciation rate of 9.7%. 33.0% of housing in the zip code is owned while 29.9% is rented.

Employment

The unemployment rate in Detroit, MI 48204 is 2.40%, and recent job growth is at 1.22%. Future job growth is projected at 45.94%.

Taxes

The sales tax rate in Detroit, MI 48204 is 6.00%, while the income tax rate is 4.25%.

Education

School expenditures in Detroit, MI 48204 are $13,771, and the school ratio is 17.7:1.

Weather

The average high temperature in July is 83.8 degrees, with an average low temperature in January of 18.8 degrees. The average rainfall is approximately 33.3 inches per year, with 34 inches of snow per year.

Education near Detroit MI, 48204

Metric City County
High School Graduates 82.61 87.61
College Degree - 2 year 7.43 8.59
College Degree - 4 year 16.23 25.82
Graduate Degree 5.15 7.79
Expenditures per Student $13,771 $13,771
Students per Teacher 17.70 17.70

Elementary Schools near Detroit MI , 48204

School Grades Students P/T Ratio ZIP
Burton International School PK - 08 543 18.7 48208
Durfee Elementary-Middle School PK - 08 538 15.4 48206
Flagship Charter Academy KG - 08 703 20.1 48238
Hope Academy KG - 08 603 26.2 48204
Hope of Detroit Academy KG - 08 566 22.6 48210
Mackenzie Elementary-Middle School PK - 08 1018 21.7 48204
Marshall Thurgood Elementary School PK - 08 531 13.3 48238
Priest Elementary-Middle School PK - 08 675 17.8 48210
Sampson Academy PK - 08 318 11.8 48204
Thirkell Elementary School PK - 07 577 22.4 48206
Voyageur Academy KG - 08 653 21.1 48210

Middle Schools near Detroit MI , 48204

School Grades Students P/T Ratio ZIP
George Crockett Consortium High School 09 - 12 35 17.7 48210
Hope of Detroit Academy Consortium High School 09 - 12 50 16.2 48210

High Schools near Detroit MI , 48204

School Grades Students P/T Ratio ZIP
Central Collegiate Academy 09 - 12 524 20.1 48206
Detroit Collegiate Preparatory High School @ Northwestern 09 - 12 628 17.4 48208
Voyageur Consortium High School 09 - 12 470 18.1 48210

Ungraded Schools near Detroit MI , 48204

School Grades Students P/T Ratio ZIP
* Covenant House Academy Detroit - Central Site 09 - 12 294 36.8 48208
* Detroit City West Side Academy for Leadership Development 09 - 12 489 18.8 48208
* Hazel Park Ser Metro Learning Academy 09 - 12 49 12.3 48210
Academy of the Americas PK - 09 751 20.3 48210
Allen Academy KG - 12 1004 33.8 48204
Blanche Kelso Bruce Academy - West (Cecil Site) 05 - 12 29 3.8 48210
Charles R. Drew Transition Center UG - UG 231 4 48204
Douglass Academy for Young Men 06 - 12 214 6.1 48208
Keidan Special Education School PK - 08 135 5.8 48204
Southwest Detroit Lighthouse Charter Academy KG - 12 352 17.6 48210
Universal Academy KG - 12 648 17.3 48210

Top 15 Zip Codes for real estate in Detroit

  • 48227 Commercial Properties For Sale
  • 48224 Commercial Properties For Sale
  • 48205 Commercial Properties For Sale
  • 48234 Commercial Properties For Sale
  • 48204 Commercial Properties For Sale
  • 48238 Commercial Properties For Sale
  • 48228 Commercial Properties For Sale
  • 48235 Commercial Properties For Sale
  • 48207 Commercial Properties For Sale
  • 48219 Commercial Properties For Sale
  • 48223 Commercial Properties For Sale
  • 48221 Commercial Properties For Sale
  • 48210 Commercial Properties For Sale
  • 48203 Commercial Properties For Sale
  • 48209 Commercial Properties For Sale