Pending
18418 Joann Street, Detroit, MI 48205
$150,000
MLS # 20261027330 (Realcomp)
Built 19290.1 acres
1 / 32
Listing Description
Fully renovated duplex in the heart of Detroit offering the perfect blend of modern updates and income potential. Each unit features 2 bedrooms and 1 bathroom, large dining space and modern kitchen. Step outside and enjoy brand new private decks for each unit , creating the perfect setting for outdoor relaxation or hosting. Wheather you're an investor looking to add a strong asset to your portfolio or an owner-occupant seeking rental income this property delivers flexibility and value. Move-in ready, this is Detroit duplex living done right.
Source: SparkMLS
About this home
Located in Mt Olivet in Detroit, this property offers 2-bath, with original construction dating to 1929.
Currently offered at $150,000.
Property tax estimate: $777 per year ($65/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 Built1929
Location
CityDetroit
Zip Code48205
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
HeatingForced Air
WaterPublic
Sale & Financing
Listed4/21/2026
Original Price$160,000
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$998
Tax Year2025
State Equalized Value$12,100
Assessed Value$12,100
Parcel #21030610.
Source: Public Records
Legal Description
PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2030. E JOANN 30 GROTTO PARK SUB L45 P39 PLATS, W C R 21/679 36 X 125.12A
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Janelle Cluff
KW Domain
Frequently Asked Questions about 18418 Joann Street, Detroit, MI 48205
Which school district serves 18418 Joann Street, Detroit, MI 48205?
Per MLS# 20261027330, 18418 Joann Street, Detroit, MI 48205 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# 20261027330, 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 18418 Joann Street, Detroit, MI 48205?
Per public tax records, annual property taxes for this property are $2,418. 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, 18418 Joann Street, Detroit, MI 48205 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 18418 Joann Street, Detroit, MI 48205 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 18418 Joann Street, Detroit, MI 48205?
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$777
Monthly$65
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$1,038
Principal & interest$973
Property taxes$65
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
18418 Joann Street, Detroit, MI 48205
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Neighborhood
Mt Olivet
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Community
Detroit
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County
Wayne County
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