For Sale
2216-2220 Canton Street, Detroit, MI 48207
$249,950
MLS # 20261034474 (Realcomp)
Built 19150.07 acres
1 / 38
Listing Description
Great opportunity to own this well-maintained and income-producing 2 unit multifamily property located in Detroit. This versatile property offers strong rental potential and comfortable living spaces throughout both units.The upper unit features 3 bedrooms and 1 full bath, providing a spacious layout with plenty of natural light and comfortable bedroom sizes. The lower unit offers 2 bedrooms and 1 full bath, making it ideal for additional rental income. Both units showcase beautiful hardwood floors throughout, adding warmth, durability, and timeless character to each space. Each unit includes a nice sized kitchen with ample cabinet and counter space, perfect for everyday cooking and functionality. The layouts in both units are practical and inviting.Whether you’re looking to live in one unit and rent the other, or add a solid income producing property to your portfolio, this multifamily delivers flexibility and opportunity. Conveniently located near shopping, dining, schools, parks, and major freeways, this property offers easy access to all that Detroit has to offer.
Source: SparkMLS
About this home
3-bath home in Butzel in Detroit built in 1915.
Asking $249,950.
Property tax estimate: $6,662 per year ($555/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
Bathrooms3
Lot Size0.07 acres
Year Built1915
Location
CityDetroit
Zip Code48207
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
HeatingForced Air
WaterPublic
Sale & Financing
Listed5/13/2026
Original Price$260,000
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$10,380
Tax Year2025
State Equalized Value$103,800
Assessed Value$103,800
Parcel #15009961.
Source: Public Records
Legal Description
E CANTON N 10 FT 42 S 20 FT 43 TEFFTS SUB L23 P19 PLATS, WCR 15/115 30 X 103.23A
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Tiroca Battle
REALTEAM Real Estate
Frequently Asked Questions about 2216-2220 Canton Street, Detroit, MI 48207
Which school district serves 2216-2220 Canton Street, Detroit, MI 48207?
Per MLS# 20261034474, 2216-2220 Canton Street, Detroit, MI 48207 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 type of financing is accepted for this listing?
Per MLS# 20261034474, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 2216-2220 Canton Street, Detroit, MI 48207?
Per public tax records, annual property taxes for this property are $9,924. 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, 2216-2220 Canton Street, Detroit, MI 48207 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 2216-2220 Canton Street, Detroit, MI 48207 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 2216-2220 Canton Street, Detroit, MI 48207?
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$6,662
Monthly$555
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$2,176
Principal & interest$1,621
Property taxes$555
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
2216-2220 Canton Street, Detroit, MI 48207
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Neighborhood
Butzel
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Community
Detroit
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County
Wayne County
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