MLS # 20261026118 (Realcomp)

3-bedroom, 1-bath home with a full basement and 1-car garage, offering strong potential for investors or buyers looking to add value. Property features a non-brick exterior and will require foundation repairs along with cosmetic updates throughout. Great opportunity to renovate and customize—priced accordingly. Located on Detroit’s west side near Southfield Freeway, this primarily residential area offers a mix of single-family homes and investment properties.Listing broker holds contractual equitable interest in the property and may receive consideration from thetransaction. Property is being marketed pursuant to a purchase agreement with the seller. Closing will be conducted via contract assignment or double closing, with preference given to assignment. Seller to provide marketable title at closing. Title commitment available. Seller pays ALL: water bills owed, taxes owed, blight tickets or anything else. Buyer to pay closing costs, including transfer taxes, title insurance, closing fees. Sold AS IS - Buyer to verify all information listed. Room dimensions are just estimates.
Source: SparkMLS
This 3-bedroom, 1-bath, 846 sq ft home built in 1946 sits in Cody in Detroit.
Final sale price: $25,000 (about $30/sq ft).
Estimated annual property tax: $1,637, or about $136 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.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: Public Records
Legal Description
W STOUT S 10 FT 411 N 30 FT 410 & E 10 FT OF VAC ALLEY ADJ MAPLES PARK SUB NO 2 L59 P51 PLATS, W C R 22/598 40 X 137.50
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by TJ Brisbois
Wise Property Buyers
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
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
12219 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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