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RealT Secondary

1630 E State Fair Ave, Detroit, MI 48203

🇺🇸 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.
1630 E State Fair Ave, Detroit, MI 48203 — photo 1 1 / 12

Total Asset Value

$161,306

$590,708 raised

Price

$13.67 / token +2.2% vs previous fill

-72.7% vs issue price · NAV $42.37 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

15.07%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

55.18%

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

$13.00 · 1 tokens 58.03%
$25.00 · 13 tokens 30.17%
$39.00 · 1 tokens 19.34%

🔔 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 -73% 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
Aug 27, 2026 0.05 $70.51 RMM $3.53
Aug 26, 2026 0.5001 $70.51 RMM $35.26
Jul 19, 2026 0.4971 $55.00 RMM $27.34
Jul 16, 2026 0.5029 $55.00 RMM $27.66
Jul 9, 2026 0.75 $70.51 RMM $52.88
May 16, 2026 0.1 $13.67 $1.37
May 16, 2026 0.2 $13.37 $2.67
May 15, 2026 0.1 $13.37 $1.34
May 13, 2026 1 $16.00 $16.00
May 6, 2026 2 $16.00 $32.00
May 4, 2026 2 $15.00 $30.00
Apr 16, 2026 5 $13.00 RMM $65.00
Apr 15, 2026 0.3 $10.52 $3.16
Apr 13, 2026 0.1 $9.41 $0.94
Mar 30, 2026 3.9165 $8.00 $31.33
Mar 30, 2026 0.09 $8.00 $0.72
Mar 28, 2026 0.75 $8.00 $6.00
Mar 28, 2026 0.2 $8.00 $1.60
Mar 26, 2026 1 $10.00 $10.00
Mar 26, 2026 0.1535 $10.00 $1.53

Returns

7/11
Net APY
15.07%
Gross APY
22.07%
Cash-on-cash
15.07%
Gross rent / yr
$130,368.00
Monthly rent
$10,864.00
Net rent / yr
$89,011.20
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 1188 fills, oldest first
Metric

interval

Dec 22 $0.01–$107.62 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 68%
Costs 32%
Net rent $89,011.20/yr distributed to holders of $130,368.00 gross rent collected

Valuation

11/17
Current price / token
$13.67 · 0.1 tokens ($1.37) · May 16, 2026
Appraisal NAV
$42.37 · frozen
Premium / discount vs NAV
-67.7% · frozen
Underlying value
$500,000.00
ZIP home value (Zillow)
$60,168.86
ZIP rent (Zillow)
$1,313.33
Median home value (ACS)
$65,500.00
Median rent (ACS)
$738.00
HUD fair market rent
$1,420.00 (16BR · ZIP)
County-implied value (2× assessed)
$490,800.00
Last recorded sale
$32,000.00 (2013-12-06)

Risk

9/16
LTV
Not provided
Occupancy
16/16 units
Vacancy rate (tract)
35.30%
Vacancy rate (county)
12.90%
Income vs county
-36.7%
Income trend
+27.5%
Population trend
+22.3%
County tax standing
SUBJECT TO FORECLOSURE · $75,671.38
Blight tickets
23 tickets · 7 unpaid ($4,585.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
1,123
Total tokens
11,800
Top holder
5.88%
Top 5
20.11%
Top 10
29.62%
Largest holding
494.474 tokens
Effective holders
75.7
HHI
132.1
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 1,123 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
MICHIGAN REALTOKEN IV LLC
Location
Detroit, MI
Country
United States
Property type
Multi-family
Beds / baths
16x1 Bed / 16x1 Bath
Size
7,512 sqft
Year built
1957
Operating since
2022-05-23 (4y 4m in)
Median income (tract)
$37,648.00
Population (tract)
2,713

Off-chain neighborhood data — US Census ACS 5-year (tract 507400) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.