For Sale
14622 Faircrest Street, Detroit, MI 48205
$69,999
MLS # 20261036812 (Realcomp)
Built 19270.08 acres
1 / 8
Listing Description
Incredible Turn-Key Investment Opportunity or House-Hacking Potential! Welcome to this income-generating multifamily property perfectly located just minutes from Downtown Detroit. This well-maintained duplex features two distinct units, providing immediate cash flow. The spacious lower unit offers 2 bedrooms and 1 bathroom, currently renting for $800/mo. The charming upper unit features 1 bedroom and 1 bathroom, currently renting for $750/mo. Both units have substantial value-add potential, with fair market rents in the immediate area averaging $1,000–$1,200 per unit!Major capital improvements have already been done for you, including two brand-new furnaces installed within the last two years, newer updated plumbing, and windows that are only 5 years old. Property features a low-maintenance yard with no garage to maintain. Unbeatable location with quick access to major freeways and local shopping hubs. Don't miss out on adding this Detroit gem to your portfolio!
Source: SparkMLS
About this home
This 2-bath home built in 1927 sits in Burbank in Detroit.
Asking $69,999.
Annual property taxes run approximately $802 ($67/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 TypeMulti Family
Bathrooms2
Lot Size0.08 acres
Year Built1927
Location
CityDetroit
Zip Code48205
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionShingle Siding
HeatingForced Air
WaterPublic
Sale & Financing
Listed5/19/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$632
Tax Year2025
State Equalized Value$12,500
Assessed Value$12,500
Parcel #21018753.
Source: Public Records
Legal Description
S FAIRCREST E 33.25 FT 35 ELITE GARDENS SUB L41 P62 PLATS, W C R 21/710 33.25 X 103.04
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Dwayne Robinson
RE/MAX Dream Properties
Frequently Asked Questions about 14622 Faircrest Street, Detroit, MI 48205
What school district is 14622 Faircrest Street, Detroit, MI 48205 in?
Per MLS# 20261036812, 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# 20261036812, 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# 20261036812, the most recent reported annual property tax for 14622 Faircrest Street, Detroit, MI 48205 is $797. 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 14622 Faircrest Street, Detroit, MI 48205 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 14622 Faircrest Street, Detroit, MI 48205 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. 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.
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Tax Estimate
$
Annual tax$802
Monthly$67
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$521
Principal & interest$454
Property taxes$67
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
14622 Faircrest Street, Detroit, MI 48205
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Neighborhood
Burbank
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Community
Detroit
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County
Wayne County
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