For Sale
268 Marston Street, Detroit, MI 48202
$529,900
MLS # 20261035509 (Realcomp)
Built 19130.13 acres
1 / 48
Listing Description
Great opportunity to be the new owner of this beautiful all brick 4 unit in Detroit's historic North End - a great area with lots of rehabs and construction all around and walking distance to Woodward and Grand Blvd. Three 2 bed 1 bath units and one 1 bed 1 bath with basement including storage areas and laundry hookups and tubs for each unit. Key feature of this property is the adjacent included lot which has parking lot with security gate. Your tenants can open the gate with a door opener from their car. One unit is all remodeled. Two are partially updated and one was just vacated by the tenant and needs a full update. Each unit has its own forced air furnace and water heater. Rents for similar units in area are appoximately $1100 - $1350. Owned by same family for over 50 years. They are happy to retire and see a new entrepreneur take it over.
Source: SparkMLS
About this home
Located in Middle Woodward in Detroit, this property offers 4-bath, with original construction dating to 1913.
Asking $529,900.
Property tax estimate: $9,146 per year ($762/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
Bathrooms4
Lot Size0.13 acres
Year Built1913
Location
CityDetroit
Zip Code48202
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
HeatingForced Air
WaterPublic
Sale & Financing
Listed5/19/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$1,693
Tax Year2025
State Equalized Value$142,500
Assessed Value$142,500
Parcel #01002304.001
Source: Public Records
Legal Description
S MARSTON E 1/2 OF 17 ATKINSONS L8, P21, PLATS, W C R 1/107 50 X 115
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Patricia J Raymond
Keller Williams Paint Creek
Frequently Asked Questions about 268 Marston Street, Detroit, MI 48202
What school district is 268 Marston Street, Detroit, MI 48202 in?
Per MLS# 20261035509, this property is served by Detroit. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 20261035509, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20261035509, the most recent reported annual property tax for 268 Marston Street, Detroit, MI 48202 is $3,391. 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.
Is 268 Marston Street, Detroit, MI 48202 eligible for USDA financing?
Per USDA Rural Development boundary data, 268 Marston Street, Detroit, MI 48202 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.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 268 Marston Street, Detroit, MI 48202 is in flood zone X (minimal risk). 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.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Water: Public. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Wayne County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
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Tax Estimate
$
Annual tax$9,146
Monthly$762
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$4,199
Principal & interest$3,437
Property taxes$762
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
268 Marston Street, Detroit, MI 48202
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Neighborhood
Middle Woodward
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Community
Detroit
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County
Wayne County
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