Pending
16140 Kentucky Street, Detroit, MI 48221
$50,000
MLS # 20261025237 (Realcomp)
Built 19280.09 acres
1 / 21
Listing Description
######CALLING FOR HIGHEST & BEST OFFERS DUE BY TUESDAY 5/26/2026 AT 10:00 A.M.######Investor opportunity in Detroit’s historic Bagley neighborhood. This classic brick 2-family flat offers approximately 2,246 sq ft with a 3-bedroom, 1-bath lower unit and a 2-bedroom, 1-bath upper unit. Located directly next to the Marygrove Arboretum Conifer Forest and near Huntington Park, the property offers a unique setting within an established residential neighborhood. The solid brick exterior and spacious layout provide strong value-add potential for investors or rehabbers.Sold AS IS. Cash only. Renovated properties in the area have reportedly supported resale activity ranging from approximately $140,000 to $180,000+, depending on renovations and market conditions. Ideal for fix-and-flip, BRRRR, or long-term rental investment. Convenient access to Marygrove Conservancy, University District, major roads, shopping, dining, and neighborhood amenities.Buyer to verify all information, measurements, and future market value.
Source: SparkMLS
About this home
This 2-bath home built in 1928 sits in Harmony Village in Detroit.
Asking $50,000.
Estimated annual property tax: $3,793, or about $316 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
Bathrooms2
Lot Size0.09 acres
Year Built1928
Location
CityDetroit
MunicipalityWayne City
Zip Code48221
CountyWayne
School DistrictDetroit
Construction & Systems
HeatingHot Water
WaterPublic
Sale & Financing
Listed5/14/2026
Terms AcceptedCash
Source: SparkMLS
Tax Information
Annual Tax$2,679
Tax Year2025
State Equalized Value$59,100
Assessed Value$59,100
Parcel #16036546.
Source: Public Records
Legal Description
E KENTUCKY 128 PURITAN HEIGHTS SUB L34 P60 PLATS, W C R 16/302 35 X 114
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 Timothy Moore
Zest Realty LLC
Frequently Asked Questions about 16140 Kentucky Street, Detroit, MI 48221
Which school district serves 16140 Kentucky Street, Detroit, MI 48221?
Per MLS# 20261025237, 16140 Kentucky Street, Detroit, MI 48221 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.
Can I use FHA or VA financing for this property?
Per MLS# 20261025237, this listing accepts Cash financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 16140 Kentucky Street, Detroit, MI 48221?
Per public tax records, annual property taxes for this property are $2,395. 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, 16140 Kentucky Street, Detroit, MI 48221 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 16140 Kentucky Street, Detroit, MI 48221 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 utilities serve 16140 Kentucky Street, Detroit, MI 48221?
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.
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Tax Estimate
$
Annual tax$3,793
Monthly$316
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$640
Principal & interest$324
Property taxes$316
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
16140 Kentucky Street, Detroit, MI 48221
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Neighborhood
Harmony Village
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Community
Detroit
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County
Wayne County
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