For Sale
18427 Ryan Road, Detroit, MI 48234
$125,000
MLS # 20261047721 (Realcomp)
Built 19300.09 acres
1 / 6
Listing Description
Invest in Detroit's Future! Expansive Lot with Airbnb PotentialPosition yourself for success with this incredible investment opportunity located just a few minutes from vibrant downtown Detroit. The value here lies in the exceptional lot, a rare find with substantial space on both sides, perfect for developing a profitable Airbnb business. Imagine the possibilities for a unique outdoor entertainment area, additional units, or private parking.While this home may need some TLC, its strategic location is the key asset. The property is sold exclusively to a cash buyer on an as-is, no repairs, inspection for informational purposes only, no contingencies basis for a quick and simple closing. This is your chance to get in on the ground floor and ride the wave of Detroit's ongoing revitalization. Seize this opportunity to create and profit. This is a cash-only transaction. BTVAI.
Source: SparkMLS
About this home
3-bath home in Pershing in Detroit built in 1930.
Listed at $125,000.
Annual property taxes run approximately $1,123 ($94/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
Bathrooms3
Lot Size0.09 acres
Year Built1930
Location
CityDetroit
Zip Code48234
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick, Vinyl Siding
HeatingForced Air
WaterPublic
Sale & Financing
Listed6/22/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$583
Tax Year2025
State Equalized Value$17,500
Assessed Value$17,500
Parcel #13020970.
Source: Public Records
Legal Description
W RYAN 276-275 DODGE LAND SUB L34 P92 PLATS, W C R 13/235 40 X 100
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Keisha Coleman
Coleman Realty Group
Frequently Asked Questions about 18427 Ryan Road, Detroit, MI 48234
What school district is 18427 Ryan Road, Detroit, MI 48234 in?
Per MLS# 20261047721, this property is served by Detroit. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What type of financing is accepted for this listing?
Per MLS# 20261047721, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20261047721, the most recent reported annual property tax for 18427 Ryan Road, Detroit, MI 48234 is $852. 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 18427 Ryan Road, Detroit, MI 48234 eligible for USDA financing?
Per USDA Rural Development boundary data, 18427 Ryan Road, Detroit, MI 48234 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.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 18427 Ryan Road, Detroit, MI 48234 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$1,123
Monthly$94
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$904
Principal & interest$811
Property taxes$94
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
18427 Ryan Road, Detroit, MI 48234
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Neighborhood
Pershing
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Community
Detroit
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County
Wayne County
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