Sold
19255 Binder Street, Detroit, MI 48234
Sold on 03/13/2026 for$38,500
MLS # 20261008031 (Realcomp)
2 beds1 bath719 sqftBuilt 19420.14 acres
1 / 13
Listing Description
Investor-friendly opportunity! This 2-bedroom, 1-bath home offers a solid layout and functional space, making it well-suited for a buy-and-hold rental strategy. The property provides a practical floor plan that supports comfortable living and long-term rental potential. Ideal for a first-time investor or anyone looking to get started in real estate investing. Property is well-positioned for continued rental demand. Schedule your showing today. BATVAI.
Source: SparkMLS
About this home
This 2-bedroom, 1-bath, 719 sq ft home built in 1942 sits in Pershing in Detroit.
This home sold for $38,500 (about $54/sq ft).
Annual property taxes run approximately $1,309 ($109/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Fiber internet is available at this address with download speeds up to 5,000 Mbps across 9 providers. Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms2
Bathrooms1
Living Area719 sqft
Lot Size0.14 acres
Year Built1942
Stories1
Location
CityDetroit
Zip Code48234
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed2/8/2026
Sold Date3/12/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$713
Tax Year2025
State Equalized Value$20,400
Assessed Value$20,400
Homestead (PRE)100%
Parcel #13021374.
Source: Public Records
Legal Description
W BINDER S 15 FT 215 216 N 15 FT 217 GEO G EPSTEANS SEVEN MILE BLVD SUB L34 P76 PLATS, W C R 13/245 60 X 100
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by James Byrd
Berkshire Hathaway HomeServices The Loft Warehouse
Frequently Asked Questions about 19255 Binder Street, Detroit, MI 48234
What school district is 19255 Binder Street, Detroit, MI 48234 in?
Per MLS# 20261008031, 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# 20261008031, 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# 20261008031, the most recent reported annual property tax for 19255 Binder Street, Detroit, MI 48234 is $1,597. 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 19255 Binder Street, Detroit, MI 48234 eligible for USDA financing?
Per USDA Rural Development boundary data, 19255 Binder 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.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 19255 Binder Street, 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.
Is fiber internet available at 19255 Binder Street, Detroit, MI 48234?
Per FCC broadband data, this property has access to fiber internet service. The maximum advertised download speed is 5.0 Gbps. 9 internet providers serve this address. Confirm availability and speeds directly with providers.
Who are the utility providers for this property?
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.
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$1,309
Monthly$109
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$349
Principal & interest$240
Property taxes$109
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
FiberDownload
5 Gbps
Upload
5 Gbps
FiberCableLicensed Fixed WirelessGSO SatelliteSatelliteDSL
9 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
19255 Binder Street, 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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