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$200,000
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Property Description
Limited time opportunity: All offers must be submitted by October 15th, 2026. Property will be taken off the market if not under contract by this date. Multi-family Investment Property located in the historic Lasalle Gardens neighborhood. Each unit has 3bedrooms and has been freshly painted in nice neutral colors, laminate and hardwood flooring, nice modern kitchen with wooden cabinetry and stainless steel appliances. Each unit has a stackable washer and dryer in unit for convience. Property also has a basement for storage. Property was completely rehabbed in 2019 with new heating,plumbing and electrical. Roof and gutters replaced in 2024, sump pump and french drain installed in 2021, Sewer line was replaced to the main in 2025. This property was previously rented for $1120.00 per unit. Potential earnings of $1350.00 per unit.Property is located near expressways, Q-line, Henry Ford Hospital,Midtown and Downtown Detroit. This is a great Investment in a prime area!
Full Property Details
Full Property Details for 7507 Hanover St #1-2
General
- Price: $200,000
- Taxes: $780
- Status: Active
- Type: Single Family
- Source: SWMRIC_MLS
- MLS ID: 26016428
- Updated: 10/5/2026
- Added to Site: 175 day(s) ago
Rooms
Other Rooms
- Laundry: In Unit
Parking
- Total Spaces: 2
Location
- County: Wayne
- Cross Streets: W Grand Blvd. and 14th Street
- Driving Directions: North of W. Grand Blvd. W of Rosa Parks
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Wall Furnace
Utilities
- Sewer: Public Sewer
- Utility Description: Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected
Structural Information
- # Buildings: 1
- Construction: Brick, Vinyl Siding
- Basement: Yes
- Year Built: 1918
Lot Features
- Lot Size (Acres): 0.06
- Lot Size (Sq. Ft.): 2,614
- Lot Dimensions: 83 sqft
- Frontage: Paved
- Lot Features: Sidewalk
Financial Considerations
- Tax Amount: $780
- Terms: Cash, Conventional
- Landlord Pays: Trash Collection, Electricity, Water, Sewer, Gas
- Tenant Pays: None
Disclosures and Reports
- Legal Description: PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2022. W HANOVER E 82.91 FT 33 OSBORN & MCCALLUMS SUB L10 P51 PLATS, W C R 8/80 30 X 82.91
- Property ID: 8009187
Listed by eXp Realty, LLC, Lakeisha Akogoh
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Schools
Schools serving 7507 Hanover St #1-2
School District:Detroit Public Schools Community District
| Name | Grades | Distance |
|---|---|---|
Thirkell Elementary School 7724 14th Street, Detroit, MI 48206 | K-8 | 0.1 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 7507 Hanover St #1-2
Date
Details
Price
Change
Source
10/02/2026
Price Reduced
$200,000
-11.11%
MLS
9/13/2026
Price Reduced
$225,000
-2.17%
MLS
9/01/2026
Price Reduced
$230,000
-2.13%
MLS
8/25/2026
Price Reduced
$235,000
-2.08%
MLS
8/17/2026
Price Reduced
$240,000
-2.04%
MLS
8/11/2026
Price Reduced
$245,000
-2%
MLS
7/14/2026
Price Reduced
$250,000
-10.71%
MLS
6/30/2026
Price Reduced
$280,000
-1.75%
MLS
6/10/2026
Price Reduced
$285,000
-1.72%
MLS
5/03/2026
Price Reduced
$290,000
-3.33%
MLS
4/18/2026
Listed
$300,000
—
MLS
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 7507 Hanover St #1-2
Year
Property Taxes
Change
Tax Assessment
Change
2025
$509
—
$10,800
57%
2025
$509
95%
$6,900
33%
2023
$261
-47%
$5,200
27%
2020
$490
105%
$4,100
64%
2022
$239
-67%
$2,500
32%
2020
$728
—
$1,900
12%
2020
$728
114%
$1,700
100%
2019
$340
—
—
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 7507 Hanover St #1-2
7507 Hanover Street #1-2, Detroit, MI 48206 (MLS# 26016428) is a Single Family property with 0 bedrooms and 0 full bathrooms. 7507 Hanover Street #1-2 is currently listed for $200,000 and was received on April 18, 2026. Want to learn more about 7507 Hanover Street #1-2? 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.

