For Sale
2553 Central Street, Detroit, MI 48209
$175,000
MLS # 20261041016 (Realcomp)
5 beds2 baths2,155 sqftBuilt 19160.14 acres
1 / 24
Listing Description
Investor Special in a Prime Detroit Location!Don't miss this incredible opportunity to add a cash-flowing asset to your real estate portfolio. This spacious 5-bedroom, 2-bathroom duplex offers strong income potential and endless possibilities for investors, owner-occupants, or those looking to house hack.Ideally located just minutes from Downtown Detroit and the new Gordie Howe International Bridge, this property sits in a rapidly growing area with convenient access to shopping, dining, schools, and everyday amenities. Enjoy the benefits of investing in one of Detroit's most promising neighborhoods while building long-term equity and cash flow.Whether you're looking to expand your investment portfolio or create a multi-generational living arrangement, this property is packed with potential. Schedule your showing today and take advantage of this exciting opportunity!
Source: SparkMLS
About this home
5-bedroom, 2-bath, 2,155 sq ft home in Springwells in Detroit built in 1916.
Listed at $175,000 (about $81/sq ft).
Estimated annual property tax: $3,659, or about $305 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 TypeResidential
Property SubtypeSingle Family Residence
Bedrooms5
Bathrooms2
Living Area2,155 sqft
Lot Size0.14 acres
Year Built1916
Stories2
Location
CityDetroit
Zip Code48209
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick, Vinyl Siding
Garage3 spaces
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed6/2/2026
Terms AcceptedCash, Conventional, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$1,713
Tax Year2025
State Equalized Value$57,000
Assessed Value$57,000
Homestead (PRE)100%
Parcel #20004940.
Source: Public Records
Legal Description
W CENTRAL N 33.33 FT 86 SUB OF P C 60 L3 P6 PLATS, WCR 20/202 33.33 X 190
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Xiomara Santana-Nunez
House Of May
Frequently Asked Questions about 2553 Central Street, Detroit, MI 48209
Which school district serves 2553 Central Street, Detroit, MI 48209?
Per MLS# 20261041016, 2553 Central Street, Detroit, MI 48209 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# 20261041016, 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 2553 Central Street, Detroit, MI 48209?
Per public tax records, annual property taxes for this property are $3,299. 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, 2553 Central Street, Detroit, MI 48209 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 2553 Central Street, Detroit, MI 48209 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 2553 Central Street, Detroit, MI 48209?
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.
Map
Tax Estimate
$
Annual tax$3,659
Monthly$305
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
$
%
$
$
$
Monthly payment$1,440
Principal & interest$1,135
Property taxes$305
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
2553 Central Street, Detroit, MI 48209
View full property history →
Neighborhood
Springwells
View all listings →
Community
Detroit
Explore neighborhoods →
County
Wayne County
View county overview →
Get email alerts for new listings near 2553 Central Street
We'll notify you when something hits the market in Springwells or nearby.
Munro Real Estate · MI Broker #6502405404 · No spam, one-click unsubscribe.