For Sale
1229 S Deacon Street, Detroit, MI 48217
$75,000
MLS # 20261031680 (Realcomp)
2 beds2 baths1,410 sqftBuilt 19550.13 acres
1 / 18
Listing Description
Great investment opportunity in Detroit’s 48217 zip code, near the River Rouge border. This tenant-occupied ranch offers 2 bedrooms, 2 full bathrooms, a finished basement with additional bonus rooms, and a spacious 2-car detached garage. The property features vinyl siding, vinyl windows, hardwood floors, and a functional layout with extra usable space in the basement. Currently generating rental income, making this a solid option for investors looking for cash flow in a reputable Detroit location. Conveniently located near major roads, shopping, schools, and commuter routes. Tenant-occupied property. 24-hour notice required for all showings. Please do not approach or disturb tenant. Property is currently generating 1,200/month in rental income. Tenant pays gas and electricity. Seller currently pays the water bill. Property sold as-is. Licensed agent must be physically present for all showings. Submit offers with proof of funds or pre-approval. Property will be vacant at closing.
Source: SparkMLS
About this home
2-bedroom, 2-bath, 1,410 sq ft home in Boynton in Detroit built in 1955.
Currently offered at $75,000 (about $53/sq ft).
Estimated annual property tax: $963, or about $80 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
Bedrooms2
Bathrooms2
Living Area1,410 sqft
Lot Size0.13 acres
Year Built1955
Stories1
Location
CityDetroit
Zip Code48217
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionVinyl Siding
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
InteriorBasement Finished
Sale & Financing
Listed5/4/2026
Original Price$80,000
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$635
Tax Year2025
State Equalized Value$15,000
Assessed Value$15,000
Homestead (PRE)100%
Parcel #20012144.005
Source: Public Records
Legal Description
S DEACON 107 SCHAEFER-BEATRICE SUB L75 P55 PLATS, W C R 20/487 42 X 125
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Renzo Delzo
New Era Real Estate LLC
Frequently Asked Questions about 1229 S Deacon Street, Detroit, MI 48217
Which school district serves 1229 S Deacon Street, Detroit, MI 48217?
Per MLS# 20261031680, 1229 S Deacon Street, Detroit, MI 48217 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# 20261031680, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 1229 S Deacon Street, Detroit, MI 48217?
Per public tax records, annual property taxes for this property are $1,292. 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, 1229 S Deacon Street, Detroit, MI 48217 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 1229 S Deacon Street, Detroit, MI 48217 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.
What utilities serve 1229 S Deacon Street, Detroit, MI 48217?
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.
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.
Map
Tax Estimate
$
Annual tax$963
Monthly$80
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$567
Principal & interest$486
Property taxes$80
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
1229 S Deacon Street, Detroit, MI 48217
View full property history →
Neighborhood
Boynton
View all listings →
Community
Detroit
Explore neighborhoods →
County
Wayne County
View county overview →
Get email alerts for new listings near 1229 S Deacon Street
We'll notify you when something hits the market in Boynton or nearby.
Munro Real Estate · MI Broker #6502405404 · No spam, one-click unsubscribe.