Pending
20 W Nevada Street, Detroit, MI 48203
$185,000
MLS # 20261030839 (Realcomp)
Built 19220.09 acres
1 / 33
Listing Description
Turnkey, Income Producing Multi-Family Investment Opportunity!!! This fully renovated multi-family property includes two spacious units designed to maximize rental income and long-term returns. Each unit with 3 bedrooms and 1 bathroom! Updates include new water heater, fresh paint, and modern finishes throughout. Perfect for investors looking for low-maintenance, high-efficiency investments with strong cash flow and immediate rental income! This property offers immediate returns with minimal hassle. To respect tenant privacy, showings by appointment only.
Source: SparkMLS
About this home
Located in State Fair in Detroit, this property offers 2-bath, with original construction dating to 1922.
Listed at $185,000.
Estimated annual property tax: $1,624, or about $135 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 Size0.09 acres
Year Built1922
Location
CityDetroit
Zip Code48203
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
HeatingForced Air
WaterPublic
Sale & Financing
Listed5/2/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$968
Tax Year2025
State Equalized Value$25,300
Assessed Value$25,300
Parcel #01005435.
Source: Public Records
Legal Description
N W NEVADA 104 HUGO H STENDERS L26 P53 PLATS, W C R 1/167 30 X 126.21A
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Nia Ashford
EXP Realty Main
Frequently Asked Questions about 20 W Nevada Street, Detroit, MI 48203
Which school district serves 20 W Nevada Street, Detroit, MI 48203?
Per MLS# 20261030839, 20 W Nevada Street, Detroit, MI 48203 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.
What financing options are available for 20 W Nevada Street, Detroit, MI 48203?
Per MLS# 20261030839, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 20 W Nevada Street, Detroit, MI 48203?
Per public tax records, annual property taxes for this property are $2,600. 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, 20 W Nevada Street, Detroit, MI 48203 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 20 W Nevada Street, Detroit, MI 48203 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 20 W Nevada Street, Detroit, MI 48203?
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.
Map
Tax Estimate
$
Annual tax$1,624
Monthly$135
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$1,335
Principal & interest$1,200
Property taxes$135
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
20 W Nevada Street, Detroit, MI 48203
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Neighborhood
State Fair
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Community
Detroit
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County
Wayne County
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