For sale

$22,500

Est. $194/mo —

•

2,046

sq ft

12052 American St, Detroit, MI 48204 1127

About this home

REDEVELOPMENT OPPORTUNITY NEAR OAKMAN BOULEVARD! Bring your vision to this spacious Detroit home offering an exciting opportunity for an investor, developer, or experienced rehabber. Featuring generous living space, original hardwood flooring, and plenty of potential for renovation and value creation, this property is ready for its next chapter. Conveniently located near the popular Oakman Boulevard corridor with easy access to major thoroughfares, neighborhood amenities, and surrounding Detroit communities. Property is being sold as-is with clean title. Buyer and buyer's agent to verify all measurements, property information, and redevelopment requirements. Interested buyers must submit a complete proposal package for DLBA approval, including a project proposal, proof of funds, site plan or concept drawing, and documentation of previous development experience. Sale is contingent upon execution of a DLBA Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership. This provision may be incompatible with certain tax abatements, lot combinations, or assemblages. Waiver requests may be considered on a case-by-case basis and may require a payment in lieu of taxes, as determined following DLBA review of the development pro forma and financing.

Single-familyProperty Type

1918Year Built

3,920 sq ftLot Size

$11Price/Sq.Ft.

Listed by Catina Willis • Next Level Realty & Investments

•734-506-0076 (broker)

Listing updated: Sep 11, 2026 at 01:34pm

Redfin checked: 3 minutes ago

•Source:MiRealSource-MiMLS #61028759

Payment calculator

$194 per month

Principal and interest$126

Property taxes

$56

HOA dues

Home insurance

$12

Utilities

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Open houses

No upcoming open houses.

Nearby open houses (10)

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3 beds1.5 baths2,136 sq ft
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3 beds1.5 baths1,764 sq ft
2138 Romeo St, Ferndale, MI 48220
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3 beds1 bath1,567 sq ft
316 Gardenia Ave, Royal Oak, MI 48067 3693
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4 beds2.5 baths3,789 sq ft
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OPEN SAT, 1PM TO 3PM
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3 beds1 bath1,808 sq ft
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OPEN SAT, 1PM TO 2PMVIDEO TOUR
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3 beds2.5 baths3,016 sq ft
27869 Old Colony St, Farmington Hills, MI 48334 3242
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OPEN SAT, 1PM TO 3PM
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5 beds3.5 baths3,559 sq ft
4785 Martin Rd, Warren, MI 48092 3490
(833) 264-6832
OPEN SUN, 1PM TO 4PM
$359,000
3 beds2 baths1,835 sq ft
2222 Sprague Av Sprague Ave, Royal Oak, MI 48067 2322
(248) 568-4521

Around this home

Schools

K - 12
Preschool & daycare

Durfee Elementary-Middle School

Public PreK-8 • Assigned • 1.7mi

3/10

Central Collegiate Academy

Public 9-12 • Assigned • 1.7mi

4/10

Provided by GreatSchools

About Oakman Boulevard

Community

Oakman Boulevard Community, located between Dexter Avenue and Livernois Avenue, is a residential and boulevard-lined Detroit neighborhood with brick colonials and a broad, landscaped median. The neighborhood’s character concentrates along Oakman Boulevard at Livernois Avenue, where traffic, corner storefronts, and the long green ribbon of the boulevard set the daily rhythm. Housing leans early-20th-century, with tidy porches, bay windows, and mature street trees framing the drive. The boulevard itself reads like a linear park for walks and casual meetups. Nearby cultural anchors such as the Detroit Repertory Theatre, the Marygrove Conservancy campus, and the Avenue of Fashion corridor give the area a distinctly Detroit cadence.

Provided by Walk Score and Local Logic

Market insights

12052 American St · $22,500

DAYS ON MARKET

The average home goes pending in 26 days.

SALE-TO-LIST

Most homes are selling 2% below list price.

LIST PRICE

Median list price in this area is $196,411. (773% higher than this home)

PRICE DROP

22% of homes in this area have had a price drop in the past month.

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Interior features
7 total rooms
Unfinished basement

Bedrooms
Three bedrooms on the second floor — roughly 13 x 11, 12 x 11, and about 12 wide

Bathrooms
One full bathroom on the second floor (approx. 8 x 6)

Kitchen
Kitchen on the entry level (approx. 10 x 11)

Laundry & utility
Basement present (unfinished)

Heating & cooling
Forced air heating
Natural gas fuel

Sale and tax history for 12052 American St

Sale History
Tax History

Date

Event

Price

MiRealSource-MiMLS #61028759

Sep 9, 2026

Listed

$22,500

$11/sq ft

REALCOMP #20261072740

Sep 9, 2026

Listed

$22,500

$11/sq ft

+10

REDEVELOPMENT OPPORTUNITY NEAR OAKMAN BOULEVARD! Bring your vision to this spacious Detroit home offering an exciting opportunity for an investor, developer, or experienced rehabber. Featuring generous living space, original hardwood flooring, and plenty of potential for renovation and value creation, this property is ready for its next chapter. Conveniently located near the popular Oakman Boulevard corridor with easy access to major thoroughfares, neighborhood amenities, and surrounding Detroit communities. Property is being sold as-is with clean title. Buyer and buyer’s agent to verify all measurements, property information, and redevelopment requirements. Interested buyers must submit a complete proposal package for DLBA approval, including a project proposal, proof of funds, site plan or concept drawing, and documentation of previous development experience. Sale is contingent upon execution of a DLBA Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership. This provision may be incompatible with certain tax abatements, lot combinations, or assemblages. Waiver requests may be considered on a case-by-case basis and may require a payment in lieu of taxes, as determined following DLBA review of the development pro forma and financing.

Public record

Public record
Zoning

Beds

—

Baths

Stories

Lot width

35 ft.

Lot depth

108 ft.

Lot size

3,920 Sq. Ft.

Year renovated

—

Finished Sq. Ft.

1,364

Unfinished Sq. Ft.

—

Total Sq. Ft.

1,364

Year built

1918

Style

Single Family Residential

County

Wayne County

APN

16023835.

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 8, 2026.

Low Density Residential District

The R3 Low Density Residential District is designed as a low-density multi-family district. The regulations are designed to promote and encourage town and terrace house development, courts, and garden apartments. It is intended that this district be used primarily on local thoroughfares thereby encouraging a suitable environment for family life. Among others, uses permitted by right include single- and two-family dwellings, townhouses, multi-family dwellings, and community facilities necessary to serve a residential district.

Permitted uses

Include but are not limited to:

Religious facility
Day care facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Educational/school
Library
Museum / gallery
Recreation

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 97° expected this year, 15 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

4/10 Air Factor

4 unhealthy days expected this year, 6 days in 30 years

Provided by First Street

Historical weather

Detroit, MI • 48204 1127

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

82/ 100

Very good sunlight

Sunscore

This home receives average direct sun exposure in Detroit. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

8.7 hrs

4.4 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 12052 American St

$20,422

$2,078 under list price of $23K

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $20K to $261K.

SOLD AUG 21, 2026
$38,550 Last sold price
2 beds1 bath1,897 sq ft
11493 Wisconsin St, Detroit, MI 48204 1969
$9/sq ft
smaller lot
1 year newer
SOLD JUL 28, 2026
$26,600 Last sold price
3 beds1 bath1,038 sq ft
6324 Annland St, Detroit, MI 48204 1245
$15/sq ft
smaller lot
3 years newer
SOLD SEP 15, 2026
$40,000 Last sold price
3 beds1 bath1,440 sq ft
10317 Morley St, Detroit, MI 48204 2526
$17/sq ft
smaller lot
33 years newer
SOLD AUG 27, 2026
$20,000 Last sold price
3 beds2 baths2,730 sq ft
11384 Belleterre St, Detroit, MI 48204 1337
$4/sq ft
larger lot
4 years newer
SOLD JUN 24, 2026
$75,000 Last sold price
3 beds1 bath2,125 sq ft
12215 Cherrylawn St, Detroit, MI 48204 5438
$24/sq ft
larger lot
3 years newer
SOLD JUN 23, 2026
$261,000 Last sold price
3 beds2.5 baths1,712 sq ft
3164 OAKMAN Blvd, Detroit, MI 48238 3195
$141/sq ft
larger lot
23 years newer

Rental earnings

Est. $1,126 per month, based on comparable rentals

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Details provided by MiRealSource-MiMLS and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Payment calculator

Affordability tools

See this home in person

Nearby open houses (10)

Around this home

Schools

Market insights

Property details

Sale and tax history for 12052 American St

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 12052 American St

Early Access listings

Nearby similar homes

New listings for sale in 48204 4513

More real estate resources