For Sale
12087 Heyden Street, Detroit, MI 48228
$120,000
MLS # 20261048369 (Realcomp)
3 beds1 bath956 sqftBuilt 19470.13 acres
1 / 8
Listing Description
TURNKEY INVESTMENT OPPORTUNITY! THIS BEAUTIFULLY UPDATED 3 BEDROOM, 1 BATH SINGLE-FAMILY HOME IS THE PERFECT ADDITION TO ANY PORTFOLIO. THE PROPERTY FEATURES NEW ELECTRICAL, UPDATED PLUMBING, A NEWER ROOF, NEWER FURNACE AND HOT WATER TANK, THREE NEW WINDOWS, FRESH INTERIOR AND EXTERIOR PAINT, NEW FLOORING, AN UPDATED KITCHEN AND BATHROOM, AND A FINISHED EPOXY-COATED BASEMENT. THE NEWER APPLIANCES ARE INCLUDED, MAKING THIS A TRUE MOVE-IN OR RENT-READY PROPERTY. CURRENTLY TENANT OCCUPIED AND GENERATING $1,650 PER MONTH IN GUARANTEED RENT, PAID ENTIRELY BY THE HOUSING AGENCY, WITH A 24-MONTH LEASE IN PLACE THROUGH LATE APRIL 2028. THE TENANT PAYS ALL UTILITIES, MAKING THIS AN EXCELLENT LOW-MAINTENANCE, CASH-FLOWING INVESTMENT. WHETHER YOU'RE LOOKING TO EXPAND YOUR RENTAL PORTFOLIO OR ADD A STABLE, INCOME-PRODUCING ASSET TO YOUR HOLDINGS, THIS PROPERTY CHECKS ALL THE BOXES. NO SHOWINGS WITHOUT FULL LIST OFFER.
Source: SparkMLS
About this home
3-bedroom, 1-bath, 956 sq ft home in Cody in Detroit built in 1947.
Listed at $120,000 (about $126/sq ft).
Annual property taxes run approximately $1,348 ($112/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.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms1
Living Area956 sqft
Lot Size0.13 acres
Year Built1947
Stories2
Location
CityDetroit
Zip Code48228
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionVinyl Siding
HeatingForced Air
Sale & Financing
Listed6/24/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$988
Tax Year2025
State Equalized Value$21,000
Assessed Value$21,000
Parcel #22099858.
Source: Public Records
Legal Description
W HEYDEN S 21 FT 19 N 21 FT 20 AND E 10 FT OF VAC ALLEY ADJ MAPLES PARK SUB L53 P9 PLATS, W C R 22/285 42 X 135
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Marta Kopania
Realtyflo Inc
Frequently Asked Questions about 12087 Heyden Street, Detroit, MI 48228
What school district is 12087 Heyden Street, Detroit, MI 48228 in?
Per MLS# 20261048369, 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 12087 Heyden Street, Detroit, MI 48228?
Per MLS# 20261048369, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20261048369, the most recent reported annual property tax for 12087 Heyden Street, Detroit, MI 48228 is $2,206. 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 12087 Heyden Street, Detroit, MI 48228 eligible for USDA financing?
Per USDA Rural Development boundary data, 12087 Heyden 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, 12087 Heyden 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.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. 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$1,348
Monthly$112
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$891
Principal & interest$778
Property taxes$112
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
12087 Heyden Street, Detroit, MI 48228
View full property history →
Neighborhood
Cody
View all listings →
Community
Detroit
Explore neighborhoods →
County
Wayne County
View county overview →
Get email alerts for new listings near 12087 Heyden Street
We'll notify you when something hits the market in Cody or nearby.
Munro Real Estate · MI Broker #6502405404 · No spam, one-click unsubscribe.