For Sale
12762 Meyers, Detroit, MI 48227
$60,000
MLS # 26029210 (Michigan Regional Information Center (MichRIC))
2 unitsBuilt 19250.09 acres
1 / 37
Listing Description
Good looking 2 Unit home, Attention investors or a smart homeowner that wants to make extra income $27,000 in updates spent last yr. All new Electric panels & wiring & plumbing throughout, Newer Vinyl Siding, trim, windows, gutters & downspouts. 2 Separate electric & gas meters, The main floor is a spacious two bedroom unit with good square foot and upstairs is a spacious one bedroom unit with Larger Living room, dining room & kitchen & 1 bed. (it is possible to make a second bedroom upstairs) the flooring throughout the home is 3/4 in thick solid oak! the basement walls appear to be all newer block including a solid block support wall in the basement creating privacy & separate storage also separate washer and dryer hookups & laundry tubs, private side driveway and fenced yard with no trees.*Needs Furnace* so a conventional mortgage would have to inc. rehab money or the buyer would have to install furnace before appraisal*
Source: SparkMLS
About this home
Listed at $60,000.
Estimated annual property tax: $764, or about $64 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 TypeMulti Family
Property Subtype2 to 4 Units
Bathrooms0
Lot Size0.09 acres
Year Built1925
Location
CityDetroit
MunicipalityDetroit City
Zip Code48227
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionVinyl Siding
BasementFull
HeatingForced Air, Wall Furnace, None
UtilitiesNatural Gas Connected, Electricity Connected
Sale & Financing
Listed6/12/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$935
Tax Year2025
State Equalized Value$11,900
Assessed Value$11,900
Parcel #16045891.
Source: Public Records
Legal Description
E MEYERS 553 GLENDALE GARDENS SUB L33 P24 PLATS, W C R 16/242 40 X 101
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by John Wallen
Michigan Dream Homes, LLC
Frequently Asked Questions about 12762 Meyers, Detroit, MI 48227
What school district is 12762 Meyers, Detroit, MI 48227 in?
Per MLS# 26029210, this property is served by Detroit. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 26029210, 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# 26029210, the most recent reported annual property tax for 12762 Meyers, Detroit, MI 48227 is $2,117 (2025). 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 12762 Meyers, Detroit, MI 48227 eligible for USDA financing?
Per USDA Rural Development boundary data, 12762 Meyers, 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, 12762 Meyers, 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. 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.
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Tax Estimate
$
Annual tax$764
Monthly$64
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$453
Principal & interest$389
Property taxes$64
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
12762 Meyers, Detroit, MI 48227
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Neighborhood
Mackenzie
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Community
Detroit
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County
Wayne County
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