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$195,000 Just Listed
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Property Description
Great Investment Opportunity in Detroit! This spacious two-family home offers approximately 2,850 square feet of finished living space, including a finished basement with full bath and possible bedroom. Featuring numerous recent updates throughout, including a new roof, new flooring, additional furnace, updated electrical panels, new drywall, and fresh paint across all three levels. With extensive improvements already completed, this property presents an excellent opportunity for investors looking to generate rental income or owner-occupants seeking to live in one unit while renting out the other. Whether you're expanding your investment portfolio or looking for a multi-family property, this Detroit home offers tremendous potential!
Full Property Details
Full Property Details for 6903 Penrod St
General
- Price: $195,000
- Taxes: $1,008
- Status: Active
- Type: Single Family
- Source: SWMRIC_MLS
- MLS ID: 26055563
- Updated: 10/21/2026
- Added to Site: 4 day(s) ago
Rooms
Other Rooms
- Laundry: In Basement
Parking
- Total Spaces: 4
- Parking Features: Concrete, Driveway
Location
- County: Wayne
- Cross Streets: Warren & Penrod
Heating & Cooling
- Heating Type: Forced Air
Utilities
- Utility Description: Natural Gas Connected, Electricity Connected, Cable Connected
Structural Information
- # Buildings: 1
- Construction: Brick
- Basement: Yes
- Roof: Composition
- Year Built: 1929
Lot Features
- Lot Size (Acres): 0.13
- Lot Size (Sq. Ft.): 5,227
- Lot Dimensions: 40 x 126
Financial Considerations
- Tax Amount: $1,008
- Terms: VA Loan, FHA, Cash, Conventional
- Landlord Pays: None
- Tenant Pays: Electricity, Water, Sewer, Gas
Disclosures and Reports
- Legal Description: W PENROD 215 AND E 9' VAC ALLEY ADJ FRISCHKORNS WARREN AVE PARK SUB L39 P89 PLATS, W C R 22/270 40 X 137
- Property ID: 22078217
Listed by Simple Fee Listings, Randall Wolber
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Schools
Schools serving 6903 Penrod St
School District:Detroit Public Schools Community District
| Name | Grades | Distance |
|---|---|---|
Carver Elementary-Middle School 18701 Paul Street, Detroit, MI 48228 | PK-8 | 0.5 mi |
Cody High School 18445 Cathedral Street, Detroit, MI 48228 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 6903 Penrod St
Date
Details
Price
Change
Source
10/19/2026
Listed
$195,000
44.44%
MLS
9/22/2025
Sold
$135,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 6903 Penrod St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$935
—
$68,300
21%
2025
$935
29%
$56,400
18%
2023
$723
-21%
$47,700
28%
2020
$920
110%
$37,200
36%
2022
$438
-52%
$27,300
32%
2020
$920
—
$20,700
7%
2020
$920
1%
$19,300
14%
2019
$909
3%
$16,900
7%
2018
$883
—
$15,800
-2%
2017
$880
—
$16,200
166%
2016
$883
-2%
$6,100
-5%
2015
$903
-7%
$6,400
-11%
2014
$970
-62%
$7,193
-25%
2013
$2,536
—
$9,590
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 6903 Penrod St
6903 Penrod Street, Detroit, MI 48228 (MLS# 26055563) is a Single Family property with 0 bedrooms and 0 full bathrooms. 6903 Penrod Street is currently listed for $195,000 and was received on October 19, 2026. Want to learn more about 6903 Penrod Street? Do you have questions about finding other Single Family real estate for sale in Detroit? You can browse all Detroit real estate or contact a Coldwell Banker agent to request more information.

