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Updated over 5 years ago on . Most recent reply
Detroit - Dexter & Elmhurst - How bad is it?
So there is a good size multi-story property not far from Dexter & Elmhurst that I am kicking the tires on but not sure how bad the crime is around there or what the local rents really are. Some sites have it as below 'hood' and others not so bad.
I get that one side of the street can be a burtout war land and the other side safe and even upscale. Looking for first hand knowledge of the area, if there is any sub - sub pockets that worse / better, etc.
Thanks in advance.
Most Popular Reply

Tongue in cheek comment but semi-serious if you have $500K in cash you could take complete control of that neighborhood between listings, tax sales, and land bank in about 18 months. Lots of the stuff for sale is over there for 35-70K are big 2-4 unit brick buildings that are just short of turnkey, they prob just need paint, refinished floors, and a new vanity in the bathroom.
@Michael O. Russell Woods could be interesting our churches parsonage is there, and those homes have been VERY well kept. Lots of people there are the old Black Middle Class (think shop owners, or Union guys) that bought those homes during White Flight and have refused to leave the City or let people turn their neighborhood homes into halfway houses, adult foster care,etc. That area survived YBI and the Chambers Brothers basically unscathed when you consider Dexter and Davidson was basically ground zero for crack and heroin boom of the 1970s and 1980s, those people fought for their neighborhood, and basically won. IDK if they will be happy someone wants to give them money for their house, or they are of the mentality after everything they been through they want their family's to hold on to it? I do not think this will be a place where people will just take $30k from the first person who knocks on the door offering to buy. They might lose the house to taxes, or maybe get caught up in a tricky mortgage, but I doubt they will "take money and run" unless its some real money.