For Sale
20620 Regent Drive, Detroit, MI 48205
$115,000
MLS # 20261042941 (Realcomp)
3 beds2 baths1,222 sqftBuilt 19450.07 acres
1 / 29
Listing Description
Add a high-performing asset to your portfolio with this turnkey brick colonial in the Mohican Regent area. This property features 3 spacious bedrooms and 1.5 bathrooms, boasting over 1,200 sq. ft. of above-grade living space plus a partially finished basement for added value. Currently occupied by a reliable tenant paying $1,400/month, this home offers an immediate and strong ROI. The interior features hardwood floors throughout and has been well-maintained. Professionally managed and ready for a seamless transition. DO NOT DISTURB TENANT. Showings will be granted only with an accepted offer. Buyer's agent to verify all information.
Source: SparkMLS
About this home
This 3-bedroom, 2-bath, 1,222 sq ft home built in 1945 sits in Mt Olivet in Detroit.
Asking $115,000 (about $94/sq ft).
Annual property taxes run approximately $2,189 ($182/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 TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms2
Living Area1,222 sqft
Lot Size0.07 acres
Year Built1945
Stories2
Location
CityDetroit
Zip Code48205
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionAluminum Siding, Brick
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed6/7/2026
Terms AcceptedCash, Conventional, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$1,142
Tax Year2025
State Equalized Value$34,100
Assessed Value$34,100
Parcel #21055697.
Source: Public Records
Legal Description
E REGENT N 1 FT 366 367 AND W 10 FT VAC ALLEY ADJ MOHICAN HEIGHTS SUB NO 1 L60 P24 PLATS, W C R 21/935 28 X 110
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Hasan Khan
EXP Realty Main
Frequently Asked Questions about 20620 Regent Drive, Detroit, MI 48205
Which school district serves 20620 Regent Drive, Detroit, MI 48205?
Per MLS# 20261042941, 20620 Regent Drive, 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.
What financing options are available for 20620 Regent Drive, Detroit, MI 48205?
Per MLS# 20261042941, this listing accepts Cash, Conventional, VA Loan financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 20620 Regent Drive, Detroit, MI 48205?
Per public tax records, annual property taxes for this property are $3,213. 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, 20620 Regent Drive, 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 20620 Regent Drive, 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 20620 Regent Drive, Detroit, MI 48205?
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$2,189
Monthly$182
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$928
Principal & interest$746
Property taxes$182
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
20620 Regent Drive, 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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