For Sale
19500 Hoover Street, Detroit, MI 48205
$115,000
MLS # 20261029768 (Realcomp)
Built 19420.13 acres
1 / 36
Listing Description
Duplex opportunity in Detroit featuring separate upper and lower units. Property needs repairs and updates, making it a strong value-add opportunity for investors or buyers looking to build equity over time. With the right improvements, this could serve as a solid income- producing property or an ideal house hacking setup. Conveniently located with access to major roads and local amenities. Bring your vision and turn potential into performance.
Source: SparkMLS
About this home
2-bath home in Mt Olivet in Detroit built in 1942.
Currently offered at $115,000.
Estimated annual property tax: $2,535, or about $211 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 TypeMulti Family
Bathrooms2
Lot Size0.13 acres
Year Built1942
Location
CityDetroit
Zip Code48205
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
HeatingForced Air
WaterPublic
Sale & Financing
Listed4/30/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$1,564
Tax Year2025
State Equalized Value$39,500
Assessed Value$39,500
Homestead (PRE)50%
Parcel #21036296.
Source: Public Records
Legal Description
E HOOVER 30 TWIN PINES SUB L43 P58 PLATS, W C R 21/794 44.79 X 125.75
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Kathy Furlong
Keller Williams Lakeside
Frequently Asked Questions about 19500 Hoover Street, Detroit, MI 48205
Which school district serves 19500 Hoover Street, Detroit, MI 48205?
Per MLS# 20261029768, 19500 Hoover 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# 20261029768, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 19500 Hoover Street, Detroit, MI 48205?
Per public tax records, annual property taxes for this property are $2,052. 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, 19500 Hoover 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 19500 Hoover 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 19500 Hoover 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$2,535
Monthly$211
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$957
Principal & interest$746
Property taxes$211
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
19500 Hoover 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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