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Jenn Smart

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3401 & 3415 Michigan Ave , Detroit, MI 48226
$1,100,000
Est. Payment: $5,732.25/mo
0 Bed
5 Bath
5000 Sqft
Status: active | Days on site: 103
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

The Bank House is a once-in-a lifetime, one-of-a-kind loft-like mansion on Michigan Avenue in Corktown. A former bank built in 1925, this gorgeous limestone building has been completely and creatively renovated as one of Detroit's most stunning unconventional single-family residences. Extraordinary original details include terrazzo floors, grand copper vestibule, oversized arched windows, intricate trim, and the original bank vault. With approximately 2,500 square feet and 18-plus-foot ceilings, the sprawling main living space includes an open state-of-the-art kitchen - a dream for a chef or entertainer - and the equally impressive outdoor courtyard is the perfect urban oasis for entertaining, private dinners, and outdoor living. An expansive basement offers even more additional space for a home office, gym, studio, or family room. Also included in the sale, the adjacent building - formerly a bar - is currently a fully furnished, high-performing three-bedroom income property/Airbnb, grossing more than $40,000 per year. The lot between the two buildings (included in the sale) functions as a second stylish courtyard, plus additional parking. Walkable to the newly restored Michigan Central Station and all the amenities of bustling Corktown, this up-and-coming stretch of Michigan Avenue is developing quickly - including the Detroit City Football Club stadium, AlumniFi Field, currently under construction right down the street. Beloved neighboring businesses include 27th Letter Books, Detroit Kung Fu Academy, and local favorites Ro Cham Beau, Mike's Famous Ham Place and Ladder #4 Wine Bar.

Highlights

Listed by Bill Swanson , 313-506-5471 O'Connor Realty Detroit, LLC , 313-963-9891. MiRealSource, Inc. mls logo

Property Type

Multi-Family

Year Built

1925

County

Wayne

Area

Detroit (82001)

School District

Detroit City School District

Listing ID

60978860

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:5
  • Full Bathrooms:5
Above Ground Sq Ft:5000
Basement:Block
Water:Public Water

Exterior Features

Lot Dimensions:75X134
Others:
  • Additional:Patio
Principal Interest
$5,732
Taxes
$237

Home Price

$1,100,000

Loan Details

30 yrs
6.792%

Down Payment

20%
$220,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,732.25

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,732.25 $237.25 $0.00 $5,969.50
Yearly $68,787.04 $2,847.00 $0.00 $71,634.04
Total $2,063,611.08 $85,410.00 $0.00 $2,149,021.08
Lender profile image
So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Detroit, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-09-02T04:57:55.100Z

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