Gratiot Ave / Maddelein St median real estate price is $56,668, which is less expensive than 91.7% of Michigan neighborhoods and 96.3% of all U.S. neighborhoods.
The average rental price in Gratiot Ave / Maddelein St is currently $762, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 44.2% of Michigan neighborhoods.
Gratiot Ave / Maddelein St is an urban neighborhood (based on population density) located in Detroit, Michigan.
Gratiot Ave / Maddelein St real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Gratiot Ave / Maddelein St neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
Vacant apartments or homes are a major fact of life in Gratiot Ave / Maddelein St. The current real estate vacancy rate here is 36.8%. This is higher than the rate of vacancies in 96.6% of all U.S. neighborhoods. This can sometimes be the case in neighborhoods dominated by seasonal homes (such as vacation areas), and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.