For Sale
2460 Canton Street, Detroit, MI 48207
$300,000
MLS # 20261034523 (Realcomp)
Built 19110.08 acres
1 / 10
Listing Description
2460-64 Canton – Turnkey Multifamily Investment OpportunityDon’t miss this excellent income-producing duplex offering strong cash flow and great rental potential. This well-maintained multifamily property features private entrances for each unit, providing added comfort and privacy for tenants.The upper unit offers 2 spacious bedrooms and 1 full bathroom, while the lower unit features 3 bedrooms and 1.5 bathrooms with plenty of living space. The property also includes a basement currently tenant occupied, generating additional monthly rental income.Current rental income is approximately $1,250 per month per unit , producing an estimated annual income of $30,000. A great opportunity for investors looking to expand their portfolio or owner-occupants seeking supplemental income.Conveniently located near shopping, dining, schools, and major freeways. Strong income potential with room for future upside.24-hour notice required for all showings.Must contact listing agent directly to schedule an appointment.
Source: SparkMLS
About this home
3-bath home in Butzel in Detroit built in 1911.
Asking $300,000.
Annual property taxes run approximately $7,182 ($599/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 Size0.08 acres
Year Built1911
Location
CityDetroit
Zip Code48207
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionVinyl Siding
HeatingForced Air
WaterPublic
Sale & Financing
Listed5/12/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$384
Tax Year2025
State Equalized Value$111,900
Assessed Value$111,900
Parcel #15009975.
Source: Public Records
Legal Description
E CANTON N 10 FT 144 S 25 FT 143 TEFFTS SUB L24 P72 PLATS, WCR 15/114 35 X 104A
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Garland Solomon
G S Inc
Frequently Asked Questions about 2460 Canton Street, Detroit, MI 48207
Which school district serves 2460 Canton Street, Detroit, MI 48207?
Per MLS# 20261034523, 2460 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 financing options are available for 2460 Canton Street, Detroit, MI 48207?
Per MLS# 20261034523, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 2460 Canton Street, Detroit, MI 48207?
Per public tax records, annual property taxes for this property are $732. 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, 2460 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 2460 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 2460 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$7,182
Monthly$599
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$2,544
Principal & interest$1,946
Property taxes$599
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
2460 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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