Sold
149 S Forman Street, Detroit, MI 48209
Sold on 07/01/2026 for$85,000
MLS # 20261002053 (Realcomp)
4 beds1 bath1,426 sqftBuilt 19160.09 acres
1 / 38
Listing Description
Exceptional investment opportunity in the highly sought after Gordie Howe Bridge corridor. This property includes 4 lots across 3 parcels located at 137, 149, & 155 S. Forman, providing rare land and development potential in a rapidly growing area.The property features a well-maintained residence offering 4 bedrooms, 1 bathroom, a spacious living room, formal dining room, kitchen, and a bonus entry breakfast/bar area. The upper attic space presents an easy opportunity to convert into a loft or additional living area. Additional highlights include a new roof, excellent foundation, basement, private driveway, and a private setting directly across from Forman Park.Location is the true bonus, minutes from Downtown Detroit, across from a 10 acre park across street, Forman property is 2 miles from Fort Wayne, Gordie Howe Bridge and Dearborn Sausage Co. It’s also a half mile from Gonella’s (famous subs), Giovanni’s Restaurante and a kayak dock to access the Rouge River coming soon and minutes from downtown Detroit.
Source: SparkMLS
About this home
Located in West Riverfront in Detroit, this property offers 4-bedroom, 1-bath, 1,426 sq ft, with original construction dating to 1916.
Final sale price: $85,000 (about $60/sq ft).
Estimated annual property tax: $1,720, or about $143 monthly. Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Broadband is available with download speeds up to 2,000 Mbps from 7 providers. Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms4
Bathrooms1
Living Area1,426 sqft
Lot Size0.09 acres
Year Built1916
Stories2
Location
CityDetroit
Zip Code48209
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionOther
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed1/11/2026
Sold Date6/30/2026
Original Price$130,000
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$248
Tax Year2025
State Equalized Value$26,800
Assessed Value$26,800
Homestead (PRE)100%
Parcel #20005979.
Source: Public Records
Legal Description
E--S FORMAN 65 MICHIGAN CARBON WORKS SUB L6 P30 PLATS, W C R 20/85 30 X 125
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Tina Alfaro
Emmanuel Realty LLC
Frequently Asked Questions about 149 S Forman Street, Detroit, MI 48209
What school district is 149 S Forman Street, Detroit, MI 48209 in?
Per MLS# 20261002053, this property is served by Detroit. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What financing options are available for 149 S Forman Street, Detroit, MI 48209?
Per MLS# 20261002053, 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# 20261002053, the most recent reported annual property tax for 149 S Forman Street, Detroit, MI 48209 is $294. 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 149 S Forman Street, Detroit, MI 48209 eligible for USDA financing?
Per USDA Rural Development boundary data, 149 S Forman Street, Detroit, MI 48209 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, 149 S Forman Street, Detroit, MI 48209 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.
Is fiber internet available at 149 S Forman Street, Detroit, MI 48209?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 149 S Forman Street, Detroit, MI 48209. The maximum advertised download speed is 2.0 Gbps. 7 internet providers serve this address. Confirm availability and speeds directly with providers.
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$1,720
Monthly$143
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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%
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Monthly payment$889
Principal & interest$746
Property taxes$143
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
Download
2 Gbps
Upload
250 Mbps
CableGSO SatelliteSatelliteLicensed Fixed WirelessDSL
7 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
149 S Forman Street, Detroit, MI 48209
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Neighborhood
West Riverfront
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Community
Detroit
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County
Wayne County
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