Sold
20231 Kelly Road, Harper Woods, MI 48225
Sold on 04/13/2026 for$450,000
MLS # 20261011512 (Realcomp)
Built 19630.19 acres
1 / 31
Listing Description
Excellent opportunity to own this fully occupied, well-maintained 8-unit investment property in Northeast Detroit, right on the Harper Woods boarder. Unit mix includes (4) one-bedroom and (4) two-bedroom apartments — fully leased and generating immediate income. Separate electric meters for each unit. Recent updates include roof (2020) and hot water tank (2021), and several unit turns/ updates in the last year. Conveniently located near shopping and major freeways. A great addition to any portfolio — don't miss this one!
Source: SparkMLS
About this home
This 8-bath home built in 1963 sits in Burbank in Harper Woods.
This home sold for $450,000.
Property tax estimate: $11,669 per year ($972/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
Bathrooms8
Lot Size0.19 acres
Year Built1963
Location
CityHarper Woods
Zip Code48225
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
HeatingBaseboard
WaterPublic
Sale & Financing
Listed3/18/2026
Sold Date4/12/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$10,485
Tax Year2025
State Equalized Value$181,800
Assessed Value$181,800
Parcel #21057041-5
Source: Public Records
Legal Description
W KELLY RD 50 THRU 47 N 10 FT 46 TERNES SUPERHIGHWAY SUB L61 P72 PLATS, W C R 21/967 90 X 90
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Edgar Butler
@properties Christie's Int'l R.E. Birmingham
Frequently Asked Questions about 20231 Kelly Road, Harper Woods, MI 48225
Which school district serves 20231 Kelly Road, Harper Woods, MI 48225?
Per MLS# 20261011512, 20231 Kelly Road, Harper Woods, MI 48225 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 20231 Kelly Road, Harper Woods, MI 48225?
Per MLS# 20261011512, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 20231 Kelly Road, Harper Woods, MI 48225?
Per public tax records, annual property taxes for this property are $14,940. 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, 20231 Kelly Road, Harper Woods, MI 48225 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 20231 Kelly Road, Harper Woods, MI 48225 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 20231 Kelly Road, Harper Woods, MI 48225?
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$11,669
Monthly$972
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$4,020
Principal & interest$3,048
Property taxes$972
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
20231 Kelly Road, Harper Woods, MI 48225
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Neighborhood
Burbank
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Community
Detroit
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County
Wayne County
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