For Sale
17208 Kentucky Street, Detroit, MI 48221
$235,000
MLS # 20261051386 (Realcomp)
Built 19350.09 acres
1 / 44
Listing Description
EXCELLENT INVESTMENT OPPORTUNITY– TURNKEY BAGLEY DUPLEX WITH IMMEDIATE CASH FLOW!Seize the opportunity to own this beautifully renovated two-family home in the Bagley neighborhood—one of Detroit's strongest rental markets. This fully occupied, income-producing property is truly turnkey, currently generating $2,100 per month in rental income from day one.Thoughtfully updated throughout, both units feature modern finishes including quartz countertops, new cabinetry, recessed lighting, updated bathrooms, and refreshed mechanical systems. Recent exterior improvements include newer vinyl windows, gutters, and a newer roof, offering peace of mind for years to come.Each spacious unit offers 2 bedrooms, 1 full bathroom, a large living room with a charming fireplace, and a full kitchen. The lower unit also includes a versatile bonus room that can easily be converted into a third bedroom, creating additional rental value and income potential.Ideally located within walking distance of the University of Detroit Mercy and Marygrove College, this property is positioned in a high-desirable rental area with excellent long-term appreciation potential.The shared basement includes a laundry area with two washers and two dryers, providing added convenience for tenants.Whether you're looking to expand your investment portfolio or purchase a turnkey income property in one of Detroit's most desirable neighborhoods, this Bagley duplex checks every box.Showings available with an accepted Purchase Agreement only.
Source: SparkMLS
About this home
2-bath home in Bagley in Detroit built in 1935.
Asking $235,000.
Annual property taxes run approximately $5,841 ($487/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 Size0.09 acres
Year Built1935
Location
CityDetroit
Zip Code48221
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
HeatingForced Air
WaterPublic
Sale & Financing
Listed7/6/2026
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$7,592
Tax Year2025
State Equalized Value$91,000
Assessed Value$91,000
Parcel #16036587.
Source: Public Records
Legal Description
E KENTUCKY 51 AURORA PARK SUB L44 P56 PLATS, W C R 16/281 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 Tyhesa Walker
U.S. Investor Group
Frequently Asked Questions about 17208 Kentucky Street, Detroit, MI 48221
What school district is 17208 Kentucky Street, Detroit, MI 48221 in?
Per MLS# 20261051386, this property is served by Detroit. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 20261051386, the seller has indicated this property accepts the following financing types: Cash, Conventional, FHA, VA Loan. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20261051386, the most recent reported annual property tax for 17208 Kentucky Street, Detroit, MI 48221 is $8,926. 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 17208 Kentucky Street, Detroit, MI 48221 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 17208 Kentucky Street, Detroit, MI 48221 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.
Map
Tax Estimate
$
Annual tax$5,841
Monthly$487
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$2,011
Principal & interest$1,524
Property taxes$487
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
17208 Kentucky Street, Detroit, MI 48221
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Neighborhood
Bagley
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Community
Detroit
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County
Wayne County
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