Sold
12203 Grandmont Avenue, Detroit, MI 48227
Sold on 05/29/2026 for$95,000
MLS # 20261022693 (Realcomp)
3 beds2 baths861 sqftBuilt 19390.1 acres
1 / 28
Listing Description
This beautifully updated property features an updated kitchen, renovated bathroom, and new flooring throughout, offering a clean, modern feel that tenants love. The home also includes a spacious yard, perfect for outdoor enjoyment, and a detached garage with a driveway for convenient off-street parking.Updates have already been completed simply step in and start collecting rent.Whether you're expanding your portfolio or looking for a solid first investment property, this one checks the boxes. Was getting 1500 a month in rent.
Source: SparkMLS
About this home
3-bedroom, 2-bath, 861 sq ft home in Brooks in Detroit built in 1939.
Final sale price: $95,000 (about $110/sq ft).
Estimated annual property tax: $1,399, or about $117 monthly. 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
Bathrooms2
Living Area861 sqft
Lot Size0.1 acres
Year Built1939
Stories2
Location
CityDetroit
Zip Code48227
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionVinyl Siding
Garage1.5 spaces
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed4/6/2026
Sold Date5/28/2026
Terms AcceptedCash, Conventional, FHA, Rural Development, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$1,058
Tax Year2025
State Equalized Value$21,800
Assessed Value$21,800
Parcel #22065044.
Source: Public Records
Legal Description
W GRANDMONT 1519 FRISCHKORNS GRAND-DALE SUB NO 3 L52 P3 PLATS, WCR 22/206 35 X 124.25
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Jennifer Aparicio-Zavalza
EXP Realty Main
Frequently Asked Questions about 12203 Grandmont Avenue, Detroit, MI 48227
What school district is 12203 Grandmont Avenue, Detroit, MI 48227 in?
Per MLS# 20261022693, this property is served by Detroit. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What type of financing is accepted for this listing?
Per MLS# 20261022693, the seller has indicated this property accepts the following financing types: Cash, Conventional, FHA, Rural Development, VA Loan. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20261022693, the most recent reported annual property tax for 12203 Grandmont Avenue, Detroit, MI 48227 is $2,263. 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 12203 Grandmont Avenue, Detroit, MI 48227 eligible for USDA financing?
Per USDA Rural Development boundary data, 12203 Grandmont Avenue, Detroit, MI 48227 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, 12203 Grandmont Avenue, Detroit, MI 48227 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. 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$1,399
Monthly$117
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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Monthly payment$733
Principal & interest$616
Property taxes$117
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
12203 Grandmont Avenue, Detroit, MI 48227
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Neighborhood
Brooks
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Community
Detroit
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County
Wayne County
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