For Sale
15853 Washburn Street, Detroit, MI 48238
$139,000
MLS # 20261046801 (Realcomp)
Built 19280.1 acres
1 / 9
Listing Description
Sprawling Investment Multi-Family property located just South of Puritan Ave and West of Wyoming Ave. The lower unit is currently tenant occupied with a monthly rent of 995 per month, security deposit of 1000. Tenant is in a lease from 5/4/26 - 5/3/27. The upper unit is currently vacant! Each unit features spacious living room, formal dining room, large kitchens, three bedrooms and one bathroom. There is a shared unfinished basement. This would make a great addition to your investment portfolio as it is already cash flowing with a new tenant! PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.
Source: SparkMLS
About this home
2-bath home in Harmony Village in Detroit built in 1928.
Currently offered at $139,000.
Annual property taxes run approximately $4,114 ($343/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 Size0.1 acres
Year Built1928
Location
CityDetroit
Zip Code48238
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
HeatingForced Air
WaterPublic
Sale & Financing
Listed6/20/2026
Terms AcceptedCash
Source: SparkMLS
Tax Information
Annual Tax$5,481
Tax Year2025
State Equalized Value$64,100
Assessed Value$64,100
Parcel #16039730.
Source: Public Records
Legal Description
W WASHBURN 55 & E 9 FT OF VAC ALLEY ADJ DYERS ST MARYS SUB L46 P68 PLATS, W C R 16/334 36 X 117
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Mark Hutter
Detroit Investment Company
Frequently Asked Questions about 15853 Washburn Street, Detroit, MI 48238
What school district is 15853 Washburn Street, Detroit, MI 48238 in?
Per MLS# 20261046801, this property is served by Detroit. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What type of financing is accepted for this listing?
Per MLS# 20261046801, the seller has indicated this property accepts the following financing types: Cash. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20261046801, the most recent reported annual property tax for 15853 Washburn Street, Detroit, MI 48238 is $6,709. 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 15853 Washburn Street, Detroit, MI 48238 eligible for USDA financing?
Per USDA Rural Development boundary data, 15853 Washburn Street, Detroit, MI 48238 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, 15853 Washburn Street, Detroit, MI 48238 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$4,114
Monthly$343
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$1,244
Principal & interest$902
Property taxes$343
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
15853 Washburn Street, Detroit, MI 48238
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Neighborhood
Harmony Village
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Community
Detroit
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County
Wayne County
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