Sold
12081 Stout Street, Detroit, MI 48228
Sold on 06/29/2026 for$65,000
MLS # 20251012243 (Realcomp)
3 beds1 bath846 sqftBuilt 19460.12 acres
1 / 16
Listing Description
Discover the potential of this investment opportunity at 12081 Stout St, Detroit, MI. This "as-is" property presents a unique chance for investors looking to expand their rental portfolio and generate passive income. Situated in a neighborhood poised for growth, the home offers significant promise for those with a vision and the willingness to undertake renovations. Understanding the demands of transforming "as-is" homes into profitable rental properties will enable investors to maximize the opportunity this address provides. With the growing interest in Detroit's real estate market, this property stands as a promising project for those with the intent to create a stable and lucrative rental income stream. Property Sold "AS-IS". ALL DATA AND MEASUREMENTS ARE APPROXIMATE AND DEEMED RELIABLE BUT NOT GUARANTEED. BUYER/BUYER AGENT TO VERIFY ALL INFORMATION PROVIDED. A MICHIGAN LISENCED REAL ESTATE AGENT IS TO BE PRESENT AT ALL SHOWINGS.
Source: SparkMLS
About this home
Located in Cody in Detroit, this property offers 3-bedroom, 1-bath, 846 sq ft, with original construction dating to 1946.
Final sale price: $65,000 (about $77/sq ft).
Estimated annual property tax: $1,643, or about $137 monthly. Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Broadband is available with download speeds up to 2,000 Mbps from 8 providers. Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms1
Living Area846 sqft
Lot Size0.12 acres
Year Built1946
Stories2
Location
CityDetroit
Zip Code48228
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionAluminum Siding
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed6/25/2025
Sold Date6/28/2026
Original Price$79,999
Terms AcceptedCash
Source: SparkMLS
Tax Information
Annual Tax$1,316
Tax Year2025
State Equalized Value$25,600
Assessed Value$25,600
Parcel #22101972.
Source: Public Records
Legal Description
W STOUT S 5 FT 398 397 MAPLES PARK SUB NO 2 L59 P51 PLATS, W C R 22/598 40 X 127.50
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Ali Karkaba
Keller Williams Legacy
Frequently Asked Questions about 12081 Stout Street, Detroit, MI 48228
What school district is 12081 Stout Street, Detroit, MI 48228 in?
Per MLS# 20251012243, this property is served by Detroit. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What financing options are available for 12081 Stout Street, Detroit, MI 48228?
Per MLS# 20251012243, the seller has indicated this property accepts the following financing types: Cash. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20251012243, the most recent reported annual property tax for 12081 Stout Street, Detroit, MI 48228 is $1,384. 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.
Is 12081 Stout Street, Detroit, MI 48228 eligible for USDA financing?
Per USDA Rural Development boundary data, 12081 Stout Street, Detroit, MI 48228 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.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 12081 Stout Street, Detroit, MI 48228 is in flood zone X (minimal risk). 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 fiber internet available at 12081 Stout Street, Detroit, MI 48228?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 12081 Stout Street, Detroit, MI 48228. The maximum advertised download speed is 2.0 Gbps. 8 internet providers serve this address. Confirm availability and speeds directly with providers.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Wayne County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
Map
Tax Estimate
$
Annual tax$1,643
Monthly$137
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
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%
$
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Monthly payment$558
Principal & interest$421
Property taxes$137
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
Download
2 Gbps
Upload
250 Mbps
CableLicensed Fixed WirelessGSO SatelliteSatelliteDSL
8 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
12081 Stout Street, Detroit, MI 48228
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Neighborhood
Cody
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Community
Detroit
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County
Wayne County
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