For Sale
1561 Webb Street, Detroit, MI 48206
$150,000
MLS # 20261008320 (Realcomp)
Built 19160.36 acres
1 / 5
Listing Description
8-unit brick multi-family investment opportunity in Detroit. Property features a new roof and has been fully interior demoed down to the studs, providing a true blank slate for redevelopment and value-add potential.Seller/agent has a full scope of work available, including a project proposal from a licensed contractor with detailed plans, unit layouts, and modern finish concepts for each unit, allowing investors to move forward with a clear renovation vision and execution plan.Projected market rents estimated between $950–$1,200 per unit once completed. Ideal for investors, buy-and-hold, or portfolio expansion strategies seeking strong future cash flow and appreciation.
Source: SparkMLS
About this home
Listed at $150,000.
Estimated annual property tax: $3,928, or about $327 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. Broadband is available with download speeds up to 2,000 Mbps from 7 providers.
Listing Property Details
Property TypeCommercial Sale
Bathrooms0
Lot Size0.36 acres
Year Built1916
Location
CityDetroit
Zip Code48206
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
BasementBasement
WaterPublic
Sale & Financing
Listed2/8/2026
Original Price$199,000
Source: SparkMLS
Tax Information
Annual Tax$3,804
Tax Year2025
State Equalized Value$47,800
Assessed Value$47,800
Parcel #06003148-50
Source: Public Records
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Jennifer Aparicio-Zavalza
EXP Realty Main
Frequently Asked Questions about 1561 Webb Street, Detroit, MI 48206
Which school district serves 1561 Webb Street, Detroit, MI 48206?
Per MLS# 20261008320, 1561 Webb Street, Detroit, MI 48206 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.
What are the property taxes at 1561 Webb Street, Detroit, MI 48206?
Per public tax records, annual property taxes for this property are $7,656. 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, 1561 Webb Street, Detroit, MI 48206 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 1561 Webb Street, Detroit, MI 48206 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 internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 1561 Webb Street, Detroit, MI 48206. The maximum advertised download speed is 2.0 Gbps. 7 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 1561 Webb Street, Detroit, MI 48206?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. 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.
Loading map...
Tax Estimate
$
Annual tax$3,928
Monthly$327
Millage rate82.1844 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$1,300
Principal & interest$973
Property taxes$327
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
1561 Webb Street, Detroit, MI 48206
View full property history →
Neighborhood
Durfee
View all listings →
Community
Detroit
Explore neighborhoods →
County
Wayne County
View county overview →
Get email alerts for new listings near 1561 Webb Street
We'll notify you when something hits the market in Durfee or nearby.
Munro Real Estate · MI Broker #6502405404 · No spam, one-click unsubscribe.