For Sale
1640 Webb Street, Detroit, MI 48206
$575,000
MLS # 20261039232 (Realcomp)
Built 19640.56 acres
1 / 40
Listing Description
1640 Webb Street presents a rare redevelopment opportunity in Detroit’s Dexter-Linwood neighborhood. This former nursing facility, previously operating with an approximate 100-bed capacity, offers 19,559 square feet of building space situated on a 0.56-acre lot. The property features three above-grade levels plus a full basement, providing substantial square footage and flexible floor plans suitable for adaptive reuse. The building is reported to include 56 hospital-style rooms and 62 bathrooms, reflecting its prior institutional use. Zoned R5 (Multi-Family Residential District), the site allows for a variety of residential and community-oriented redevelopment possibilities, including multifamily housing, senior living, supportive housing, or other permitted uses subject to city approval. All measurements, room counts, zoning details, and property information are deemed reliable but not guaranteed; buyer and buyer’s agent to independently verify all information.
Source: SparkMLS
About this home
Asking $575,000.
Estimated annual property tax: $58,885, or about $4,907 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 TypeCommercial Sale
Bathrooms0
Lot Size0.56 acres
Year Built1964
Location
CityDetroit
Zip Code48206
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
BasementBasement
HeatingRadiant
WaterPublic
Sale & Financing
Listed5/28/2026
Source: SparkMLS
Tax Information
Annual Tax$49,981
Tax Year2025
State Equalized Value$716,500
Assessed Value$716,500
Parcel #06003173-5
Source: Public Records
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 Mikhail Grigoryan
Detroit Progress Realty LLC
Frequently Asked Questions about 1640 Webb Street, Detroit, MI 48206
Which school district serves 1640 Webb Street, Detroit, MI 48206?
Per MLS# 20261039232, 1640 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 1640 Webb Street, Detroit, MI 48206?
Per public tax records, annual property taxes for this property are $23,616. 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, 1640 Webb Street, Detroit, MI 48206 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 1640 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 utilities serve 1640 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.
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Tax Estimate
$
Annual tax$58,885
Monthly$4,907
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
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Monthly payment$8,637
Principal & interest$3,729
Property taxes$4,907
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
1640 Webb Street, Detroit, MI 48206
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Neighborhood
Durfee
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Community
Detroit
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County
Wayne County
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