It looks like you’re in the U.S.

Thank you for your interest in RealT. We’re currently working on a new offering for U.S. persons that is not yet ready for distribution. It’s coming soon – register and we’ll be sure to notify you when it’s ready!

We appreciate your understanding as we continue to redefine real estate investing around the globe.

2950-2952 Monterey St, Detroit, MI 48206

View Smart Contracts: Eth xDai

Total Investment: $ 203,100.00

Reg S: Non-U.S. Only

This property is not available for purchase in your area.

Questions/Need Help? Email Us.

Property Highlights

  • Expected Income

    4.60% Partially Rented

    Not including capital appreciation

  • Rent per Token

    $ 2.67 / year
  • Rent Start Date

    September 6, 2021
  • Token Price

    $ 58.03
  • Total Tokens


All financial statements of property yield are best estimates based on current conditions, and can change at any time.

We are targeting the above yield for investors; however, no assurance can be given that you will obtain any return on investment, and there is a risk that you can lose your entire investment.

  • Property Type

    Multi Family
  • Full Address

    2950-2952 Monterey St, Detroit, MI 48206
  • Country

  • Source

  • Neighborhood

  • Construction Year

  • Total Units

    4 Units
  • Bedroom/Bath

    4x2 Bed, 4x1 Bath
  • Rental Type

  • Rented?

    2 / 4 Units
  • Rent Subsidy?


Property Financials

  • Gross Rent / year

    $ 14,640.00
  • Gross Rent / month

    Partially Rented $ 1,220.00
  • Monthly Costs

    - $ 442.00
    • Property Management (8.00%)
      - $ 97.60
    • RealT Platform (2.00%)
      - $ 24.40
    • Maintenance Expenses
      - $ 50.00
    • Property Taxes
      - $ 200.00
    • Insurance
      - $ 70.00
    • Utilities
  • Net Rent / month

    $ 778.00
  • Net Rent / year

    $ 9,336.00
  • Total Investment

    $ 203,100.00
    • Underlying Asset Price
      $ 202,000.00
    • Initial Maintenance Reserve
      $ 1,100.00
    • Unrounded Listing Price
      $ 203,100.00
  • Expected Income

    Partially Rented 4.60%

    Not including capital appreciation

Property Details

  • Lot Size (sqft)

  • Parking

    Parking on the Side and Front
  • Interior Size (sqft)


Test Renovation content!

Offering Details

  • Offering Date

    September 1, 2021
  • Issuer

    RealToken LLC - Series #150 - 2950-2952 Monterey
  • Min. Investment Amount

  • Max. Investment Amount

  • Amount Raised

  • Offering Percent (of Total Tokens)


Property Valuation

  • 2023

    Jun 14
    651 days since prior valuation

    Asset Valuation

    $ 202,000.00

    Annual Change


    Total Investment

    $ 203,100.00

    Token Price

    $ 58.03

    Capital ROI


    Reg Distributed

    $ 17,500.00

    New Photos

    No new photos at this time.
  • 2021

    Sep 01
    Initial Valuation

    Asset Valuation

    $ 153,000.00

    Total Investment

    $ 175,000.00

    Token Price

    $ 50.00

    Initial Valuation

    Values derived in: Property Financials Tab

About the Property

This 8-bedroom, 4-bath gem of a multi-family home is located in a quiet but trending neighborhood. Monterey welcomes in lots of sunlight with its oversized windows, and tenants can access the second floor deck to enjoy the peace and quiet. And next door, neighbors can enjoy fruit and herbs from a bustling urban farm.

Many residents in this neighborhood are improving their homes and properties. Detroit has seen the highest rate in the nation of millennials moving in over the last decade, according to the Detroit Chamber. Millennials and Generation Z now make up 38% of the population. This trend promises to continue to improve neighborhoods, property values, and rents in the years to come.


Property Records

Please sign in to view property records. Sign In >

Why Detroit?


Detroit, one of the fastest growing major cities in America and best kept real estate secrets, is rich with history, and  possesses a colorful cultural fabric. Despite being among the 15 largest metro areas in the US, Detroit drivers spend the least amount of time in traffic during peak periods. Beyond automotive innovation, Detroit is home to dozens of startup incubators, and is surging on Inc.’s list of top 50 cities to start a business*. Root for the Lions, Tigers, Pistons and Red Wings, or enjoy the outdoors with over 200 miles of hiking trails nearby, 9 state parks, and over 3200 miles of coastline to explore.

There’s something for everyone here, because Detroit is for everybody.

The Interests, in the form of Series #1 RealTokens and future series of RealTokens, being offered are highly speculative in nature, involve a high degree of risk and should be purchased only by persons who can afford to lose their entire investment. There can be no assurance that the Company’s business objectives will be achieved or that a secondary market would ever develop for the Interests, whether via the RealToken Website, via third party registered broker-dealers or otherwise. Investing in private placements requires high risk tolerance, low liquidity concerns, and long-term commitments. The Interests being sold are not FDIC insured, may lose value, and there is no bank or other guarantee.

Previous Properties

No Previous Properties were found for your area. US persons can only view US-only properties, and non-US persons can only view Non-US properties. If you believe you're seeing this message in error, please contact us via chat in the lower right corner of the website!
It looks like there are no previous properties at this time.
To improve site performance, the previous property query has been temporarily disabled until 13:50 UTC

    RealT has sold 355 other properties to investors around the world!

    For more information about these properties, please contact us via chat in the lower right corner of your screen, or email us at [email protected].