RealtyLens
for saleRealtyLens property overview
$28,000

19397 Andover St

Detroit, MI, 48203
View more Detroit, MI property pages
3Beds
1Baths
1,350Sqft
$21$/sqft

Listing Notes

Tenant-occupied investment opportunity featuring a long-term tenant currently paying $1000/month. Property is occupied - accepted offer required prior to interior access or showings. Excellent opportunity for investors seeking immediate cash flow with additional upside potential through future rent adjustments. Ask about additional investment properties available from the same owner. Seller is offering a 3-property portfolio, including professionally managed, income-producing homes with established tenants. Package pricing or portfolio discounts may be available. Seller is related to the agent. Lease agreement and rent ledgers available upon request.

Market Insights

Below nearby median-42%

$21/sqft vs a nearby median of $36/sqft.

Nearby median$36/sqft
Nearby properties2
Property size1,350 sqft
  • -42% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 1,350 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$49k$43k$55k · 23% confidence
vs ask $28k−$21k (−75.0%)

Asking price is about 75.0% below the fair value — likely to draw competing offers if it's still on market.

$36/sqft median across 2 tight comps × 1,350 sqft= $49k
  • Pre-war character+$1k +2.5%
  • Sparse street life−$1k −1.5%
Cumulative NYC adjustments+$0+1.0%

Property Read

FreshnessVerification recommended

The page is useful for research, but the status and price should be verified before acting.

Market Position-42% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read2 items to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
1 day
Last price change
No change recorded
Listed
May 11, 2026
Photos
14 photos
Property type
single family
Status
for sale
Last sold
Mar 26, 1992 · $3,300

Features & Amenities

Outdoor SpaceForced AirBasementTwo Or More StoriesRental PropertyInvestment Opportunity

Photos

Price History

May 12, 2026Initial record
$28,000for sale

You can also find this listing on Realtor.com.

Listing data sourced from realtor.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.