For Sale
1038 Parker Street, Detroit, MI 48214
$475,000
MLS # 25059644 (Michigan Regional Information Center (MichRIC))
3 unitsBuilt 19200.22 acres
1 / 36
Listing Description
Open Sunday, July 12th, 3 p.m. to 5 p.m.This 3-unit home in West Village under $500K offering income potential and flexible layout in one of Detroit's most walkable historic neighborhoods. With 3,800 approximate sqft and a 60x157 lot, this 1920 gem combines charm, space, and rare versatility. Currently configured as a triplex, this property includes two finished units: Unit #2 (second floor) offers 2 bedrooms, 2 full baths, a large living room, dining area, and updated kitchen with hardwood floors. Unit #3 (third floor) features a living room, kitchen, dining space, and full bath and 1 bedroom. The entry level has been gutted and is ready for a custom design--ideal for owner-occupants, additional rental income, or a grand single-family conversion. Historic details remain, including original hardwoods and a fireplace on the main floor. There is a deep backyard with gardens, fruit trees, and a rain barrel setup. The 5-car garage with alley acce
Source: SparkMLS
About this home
Currently offered at $475,000.
Annual property taxes run approximately $17,753 ($1,479/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company. Fiber internet is available at this address with download speeds up to 1,200 Mbps across 9 providers.
Listing Property Details
Property TypeMulti Family
Property Subtype2 to 4 Units
Bathrooms0
Lot Size0.22 acres
Year Built1920
Location
CityDetroit
MunicipalityDetroit City
Zip Code48214
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
BasementFull
HeatingHot Water, Steam
SewerPublic Sewer
UtilitiesPhone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected
Sale & Financing
Listed5/31/2026
Original Price$499,000
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$2,926
Tax Year2025
State Equalized Value$276,600
Assessed Value$276,600
Parcel #17008709.
Source: Public Records
Legal Description
E PARKER 53 S 10 FT 52 PARKERS RESUB L21 P99 PLATS, W C R 17/16 60 X 157.72
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLHistoric District: West Village Historic District
Exterior changes may require Historic District Commission (HDC) approval
Source: Detroit Historic District CommissionUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by E'toile O'Rear-Libbett
Starlite Properties
Frequently Asked Questions about 1038 Parker Street, Detroit, MI 48214
Which school district serves 1038 Parker Street, Detroit, MI 48214?
Per MLS# 25059644, 1038 Parker Street, Detroit, MI 48214 is in the Detroit boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Detroit directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 25059644, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 1038 Parker Street, Detroit, MI 48214?
Per public tax records, annual property taxes for this property are $2,582 (2025). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 1038 Parker Street, Detroit, MI 48214 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 1038 Parker Street, Detroit, MI 48214 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Is 1038 Parker Street, Detroit, MI 48214 in a historic district?
Per municipal ordinance records, this property is within the West Village Historic District. Exterior changes to properties in locally-designated historic districts typically require approval from the Historic District Commission. Verify current requirements with the local HDC.
What internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is available at 1038 Parker Street, Detroit, MI 48214. The maximum advertised download speed is 1.2 Gbps. 9 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 1038 Parker Street, Detroit, MI 48214?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Sewer: Public Sewer. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Wayne County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
Loading map...
Tax Estimate
$
Annual tax$17,753
Monthly$1,479
Millage rate64.1844 mills
Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
$
%
$
$
$
Monthly payment$4,560
Principal & interest$3,081
Property taxes$1,479
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
FiberDownload
1.2 Gbps
Upload
1 Gbps
CableFiberLicensed Fixed WirelessGSO SatelliteSatelliteDSL
9 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
1038 Parker Street, Detroit, MI 48214
View full property history →
Neighborhood
Indian Village
View all listings →
Community
Detroit
Explore neighborhoods →
County
Wayne County
View county overview →
Get email alerts for new listings near 1038 Parker Street
We'll notify you when something hits the market in Indian Village or nearby.
Munro Real Estate · MI Broker #6502405404 · No spam, one-click unsubscribe.