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RealT Secondary

10700 Whittier Ave, Detroit, MI 48224

🇺🇸 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.
10700 Whittier Ave, Detroit, MI 48224 — photo 1 1 / 6

Total Asset Value

$140,032

$718,060 raised

Price

$10.00 / token 0.0% vs previous fill

-80.5% vs issue price · NAV $44.14 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

12.68%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

65.02%

assumes frozen rent keeps paying — unreliable

⚠️ Risk signals

✕ 2 ! 0 ✓ 4

red = caution · click to inspect each signal

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

$6.20 · 1 tokens 104.90%
$20.00 · 4 tokens 32.52%
$23.90 · 9 tokens 27.21%

🔔 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 -80% vs issue

Overview

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

Exit & Liquidity

1/9
Sellability
No recent trades
Trades (7d)
Not provided

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
Jul 9, 2026 0.1 $51.00 RMM $5.10
May 18, 2026 2 $10.00 $20.00
May 18, 2026 0.02 $10.00 $0.20
Apr 14, 2026 0.1 $9.88 $0.99
Apr 8, 2026 3.99 $15.00 $59.85
Apr 1, 2026 0.8 $9.00 $7.20
Mar 30, 2026 1 $9.00 $9.00
Mar 27, 2026 0.2 $9.00 $1.80
Mar 26, 2026 2.904 $9.00 $26.14
Mar 26, 2026 0.0956 $10.00 $0.96
Feb 23, 2026 0.97 $15.59 $15.12
Feb 23, 2026 0.03 $15.59 $0.47
Feb 22, 2026 15 $18.28 $274.20
Feb 19, 2026 3 $18.60 $55.80
Feb 17, 2026 3 $19.00 $57.00
Feb 14, 2026 1.99 $5.13 $10.21
Feb 13, 2026 3.3969 $19.99 $67.90
Feb 13, 2026 0.5 $5.13 $2.56
Feb 13, 2026 1.5 $5.13 $7.69
Jan 27, 2026 0.7491 $41.00 $30.71

Returns

7/11
Net APY
12.68%
Gross APY
17.58%
Cash-on-cash
12.68%
Gross rent / yr
$126,240.00
Monthly rent
$10,520.00
Net rent / yr
$91,056.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 550 fills, oldest first
Metric

interval

Jan 23 $5.13–$92.78 May 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 72%
Costs 28%
Net rent $91,056.00/yr distributed to holders of $126,240.00 gross rent collected

Valuation

11/17
Current price / token
$10.00 · 2 tokens ($20.00) · May 18, 2026
Appraisal NAV
$44.14 · frozen
Premium / discount vs NAV
-77.3% · frozen
Underlying value
$618,000.00
ZIP home value (Zillow)
$81,949.80
ZIP rent (Zillow)
$1,338.24
Median home value (ACS)
$54,700.00
Median rent (ACS)
$1,254.00
HUD fair market rent
$1,800.00 (16BR · ZIP)
County-implied value (2× assessed)
$535,000.00
Last recorded sale
$464,000.00 (2021-05-04)

Risk

9/16
LTV
Not provided
Occupancy
16/16 units
Vacancy rate (tract)
30.70%
Vacancy rate (county)
12.90%
Income vs county
-42.8%
Income trend
-9.3%
Population trend
-13.5%
County tax standing
SUBJECT TO FORECLOSURE · $81,772.00
Blight tickets
82 tickets · 34 unpaid ($15,350.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Moderate
Holders (wallets)
678
Total tokens
14,000
Top holder
11.53%
Top 5
53.41%
Top 10
69.77%
Largest holding
1,400 tokens
Effective holders
15
HHI
665.7
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 678 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
MICHIGANREAL TOKEN III LLC
Location
Detroit, MI
Country
United States
Property type
Multi-family
Beds / baths
16x2 / 16x1
Size
8,940 sqft
Year built
1960
Operating since
2021-05-04 (5y 5m in)
Median income (tract)
$34,063.00
Population (tract)
2,933

Off-chain neighborhood data — US Census ACS 5-year (tract 501000) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.