RealT Secondary

14511 Houston-Whittier St, Detroit, MI 48205

🇺🇸 Detroit, MI

⚠️ RealT platform notice: RealT suspended rental distributions to global investors in Feb 2026, and City of Detroit litigation, a court rent-escrow order, and a sale process are underway. The yields, NAV and rent shown below are past data (avg ~2 years old) that RealT stopped updating and do not reflect current income. Only the on-chain market price (YAM) is live.
14511 Houston-Whittier St, Detroit, MI 48205 — photo 1 1 / 12

Total Asset Value

$64,001

$643,840 raised

Price

$5.00 / token -57.4% vs previous fill

-90.1% vs issue price · NAV $42.81 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

12.88%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

129.56%

assumes frozen rent keeps paying — unreliable

⚠️ Risk signals

✕ 1 ! 1 ✓ 4

red = caution · click to inspect each signal

Cheapest live asks on YAM — prices current; yield uses frozen rent

$5.00 · 13.048275 tokens 129.56%
$10.85 · 10 tokens 59.71%
$12.00 · 2.9841 tokens 53.98%

🔔 Watch this property

Get alerted when liquidity drops, a lawsuit is filed, or distributions stop.

Risk check Fully occupied Tax foreclosure risk Blight fines unpaid Minimal flood risk Sellable -90% vs issue

Overview

4/5
Platform
RealT
Token symbol
Not provided
Asset class
Real estate
Market
Secondary
Status
Active

Exit & Liquidity

2/9
Sellability
Traded recently
Trades (7d)
0 fills

Chance of selling

ⓘ
42% within 7 days
50% within 30 days

RealT platform average. Measured 2026-07-29: across 754 listings a listing’s own history did not predict its next period — month-to-month swings (27–61%) are larger than the differences between listings.

Executed trades

20 fills

Actual fills on the secondary market, newest first — not open orders. Updated hourly; where a transaction hash exists the date links to the chain.

When Tokens Price Value
12d ago 2.4758 $5.00 $12.38
Aug 29, 2026 0.5 $62.90 RMM $31.45
Aug 4, 2026 0.5232 $62.90 RMM $32.91
Jul 27, 2026 0.0011 $62.90 RMM $0.07
Jul 9, 2026 0.7 $62.90 RMM $44.03
Jul 7, 2026 1 $55.00 RMM $55.00
Jun 16, 2026 1.5159 $11.75 $17.81
Jun 15, 2026 0.4841 $11.75 $5.69
May 9, 2026 0.3 $12.05 $3.62
May 3, 2026 0.3 $11.11 $3.33
Apr 30, 2026 0.1 $10.62 $1.06
Apr 30, 2026 0.1 $10.39 $1.04
Apr 27, 2026 0.3 $10.30 $3.09
Apr 27, 2026 1.0993 $10.00 $10.99
Apr 25, 2026 2 $10.00 $20.00
Apr 25, 2026 0.9007 $10.00 $9.01
Apr 20, 2026 0.1 $11.52 $1.15
Apr 15, 2026 0.3 $10.83 $3.25
Apr 10, 2026 0.5 $10.20 $5.10
Apr 9, 2026 0.05 $9.55 $0.48

Returns

7/11
Net APY
12.88%
Gross APY
19.85%
Cash-on-cash
12.88%
Gross rent / yr
$127,800.00
Monthly rent
$10,650.00
Net rent / yr
$82,920.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 1306 fills, oldest first
Metric

interval

Dec 22 $0.01–$80.00 Oct 26

How net yield is calculated

Tenants pay gross rent, but property management (~7%), insurance, property tax, maintenance and the platform fee come out before you’re paid. Net rent is what’s left to distribute — those costs fall on the investor, not the platform. The platform keeps only its listing/trading fee.

Net 65%
Costs 35%
Net rent $82,920.00/yr distributed to holders of $127,800.00 gross rent collected

Valuation

11/17
Current price / token
$5.00 · 2.4758 tokens ($12.38) · 12d ago
Appraisal NAV
$42.81 · frozen
Premium / discount vs NAV
-88.3% · frozen
Underlying value
$548,000.00
ZIP home value (Zillow)
$53,138.77
ZIP rent (Zillow)
$1,284.13
Median home value (ACS)
$46,200.00
Median rent (ACS)
$1,073.00
HUD fair market rent
$1,720.00 (14BR · ZIP)
County-implied value (2× assessed)
$620,600.00
Last recorded sale
$102,000.00 (2000-02-01)

Risk

9/16
LTV
Not provided
Occupancy
14/14 units
Vacancy rate (tract)
32.40%
Vacancy rate (county)
12.90%
Income vs county
-18.6%
Income trend
+32.7%
Population trend
-24.2%
County tax standing
SUBJECT TO FORECLOSURE · $47,122.15
Blight tickets
11 tickets · 1 unpaid ($305.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
983
Total tokens
12,800
Top holder
4.59%
Top 5
18.84%
Top 10
28.79%
Largest holding
400 tokens
Effective holders
83.7
HHI
119.4
Distribution of the top 25 holders and the combined remainder — hover for value & quantity

Read live from Gnosis Chain: every holder's on-chain balance across 983 wallets (issuer/reserve excluded). Higher top-holder share means a single seller can move the price.

Property & Neighborhood

10/13
Address
Not provided
Taxpayer of record
HARRIS PLAZA LLC
Location
Detroit, MI
Country
United States
Property type
Multi-family
Beds / baths
14x1 Bed / 14x1 Bath
Size
10,826 sqft
Year built
1962
Operating since
2022-11-04 (3y 11m in)
Median income (tract)
$48,470.00
Population (tract)
1,165

Off-chain neighborhood data — US Census ACS 5-year (tract 500500) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.