For Sale
1759 Parker Street, Detroit, MI 48214
$674,500
MLS # 20261024066 (Realcomp)
Built 19090.12 acres
1 / 58
Listing Description
This three-unit property offers immediate cash flow with a proven rental mix. The first-floor unit is a spacious 3-bedroom, 2-bath flat currently operating as a successful Airbnb, generating nearly $40,000 annually. The upper units provide stable, long-term income, with a second-floor 3-bedroom, 2-bath layout and a third-floor 1-bedroom, 1-bath unit—both tenant-occupied. Renovated in 2024, the property features all new HVAC, electrical, plumbing systems, and appliances offering peace of mind and low maintenance for years to come. Additional highlights include off-street parking via a rear parking pad accommodating up to two vehicles.Situated on a picturesque, tree-lined street, Historic West Village is celebrated for its timeless architecture and strong community feel. Just moments from Indian Village and steps from the energy of Little Village, residents enjoy easy access to a growing mix of boutique shops, restaurants, cultural destinations, and everyday conveniences. Whether you’re looking to expand your investment portfolio or house-hack in one of Detroit’s most desirable neighborhoods, this is a standout opportunity.
Source: SparkMLS
About this home
Located in Butzel in Detroit, this property offers 5-bath, with original construction dating to 1909.
Listed at $674,500.
Property tax estimate: $10,661 per year ($888/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
Bathrooms5
Lot Size0.12 acres
Year Built1909
Location
CityDetroit
Zip Code48214
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick, Wood Siding
HeatingForced Air
WaterPublic
Sale & Financing
Listed4/9/2026
Original Price$684,500
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$5,045
Tax Year2025
State Equalized Value$166,100
Assessed Value$166,100
Parcel #17009112.
Source: Public Records
Legal Description
W PARKER 11 HARTS RE-SUB L22 P86 PLATS, W C R 17/219 32 X 158.42
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLHistoric District: West Village Historic District
Exterior changes may require Historic District Commission (HDC) approval
Source: Detroit Historic District CommissionUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Lindsay L Gorman
Nika & Co
Frequently Asked Questions about 1759 Parker Street, Detroit, MI 48214
Which school district serves 1759 Parker Street, Detroit, MI 48214?
Per MLS# 20261024066, 1759 Parker Street, Detroit, MI 48214 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# 20261024066, this listing accepts Cash, Conventional, FHA, VA Loan financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 1759 Parker Street, Detroit, MI 48214?
Per public tax records, annual property taxes for this property are $4,644. 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, 1759 Parker Street, Detroit, MI 48214 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 1759 Parker Street, Detroit, MI 48214 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.
Is 1759 Parker Street, Detroit, MI 48214 in a historic district?
Per municipal ordinance records, this property is within the West Village Historic District. Exterior changes to properties in locally-designated historic districts typically require approval from the Historic District Commission. Verify current requirements with the local HDC.
What utilities serve 1759 Parker Street, Detroit, MI 48214?
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$10,661
Monthly$888
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$5,263
Principal & interest$4,375
Property taxes$888
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
1759 Parker Street, Detroit, MI 48214
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Neighborhood
Butzel
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Community
Detroit
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County
Wayne County
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