Michigan Ave / Roosevelt St median real estate price is $77,250, which is less expensive than 81.9% of Michigan neighborhoods and 91.8% of all U.S. neighborhoods.
The average rental price in Michigan Ave / Roosevelt St is currently unreported, based on NeighborhoodScout's exclusive analysis.
Michigan Ave / Roosevelt St is a suburban neighborhood (based on population density) located in Detroit, Michigan.
Michigan Ave / Roosevelt St real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Michigan Ave / Roosevelt St neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 2000 and the present.
Vacant apartments or homes are a major fact of life in Michigan Ave / Roosevelt St. The current real estate vacancy rate here is 35.2%. This is higher than the rate of vacancies in 96.1% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. 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.