Sold
18696 Blackmoor Street, Detroit, MI 48234
Sold on 06/17/2026 for$77,500
MLS # 20261036843 (Realcomp)
3 beds1 bath1,010 sqftBuilt 19480.12 acres
1 / 5
Listing Description
Turnkey investment opportunity in Detroit generating $1,400/month in Section 8 rental income with tenant already in place. Cash flowing property ideal for investors, first time investors, or out of state investors looking to add a performing rental property to their portfolio. Strong rental demand area with opportunity for long term appreciation, passive income, and consistent monthly cash flow. Spacious layout with low maintenance ownership potential and immediate income from day one. Conveniently located near schools, shopping, restaurants, parks, public transportation, major freeways, Downtown Detroit, and local employers. Great opportunity for buy and hold investors, cash flow investors, rental portfolio expansion, or anyone looking for an income producing property in Detroit’s growing real estate market. Tenant occupied property with established rental income makes this a great turnkey rental investment. Buyer to verify all information. Do not disturb tenant.
Source: SparkMLS
About this home
3-bedroom, 1-bath, 1,010 sq ft home in Mt Olivet in Detroit built in 1948.
Final sale price: $77,500 (about $77/sq ft).
Estimated annual property tax: $1,694, or about $141 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 TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms1
Living Area1,010 sqft
Lot Size0.12 acres
Year Built1948
Stories2
Location
CityDetroit
Zip Code48234
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed5/19/2026
Sold Date6/16/2026
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$1,940
Tax Year2025
State Equalized Value$26,400
Assessed Value$26,400
Parcel #17016123.
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 12/30/2022. E BLACKMOOR 12 AND W 9 FT VAC ALLEY ADJ ALBERT GRUEBNER SUB L47 P83 PLATS, W C R 17/506 42 X 124
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Mike Hakim
EXP Realty Main
Frequently Asked Questions about 18696 Blackmoor Street, Detroit, MI 48234
Which school district serves 18696 Blackmoor Street, Detroit, MI 48234?
Per MLS# 20261036843, 18696 Blackmoor Street, Detroit, MI 48234 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# 20261036843, 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 18696 Blackmoor Street, Detroit, MI 48234?
Per public tax records, annual property taxes for this property are $1,734. 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, 18696 Blackmoor Street, 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.
Is 18696 Blackmoor Street, Detroit, MI 48234 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 18696 Blackmoor Street, Detroit, MI 48234?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Sewer: Public. 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$1,694
Monthly$141
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$692
Principal & interest$551
Property taxes$141
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
18696 Blackmoor Street, Detroit, MI 48234
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Neighborhood
Mt Olivet
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Community
Detroit
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County
Wayne County
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