For Sale
2696 Webb Street, Detroit, MI 48206
$249,900
MLS # 20261023577 (Realcomp)
Built 19260.11 acres
1 / 42
Listing Description
INCOME PRODUCING MULTIFAMILY!Turnkey income-producing brick Colonial duplex on Detroit’s West Side! Excellent cash-flow opportunity with two 3-bed, 1.1 bath units, both tenant occupied at strong rents. Lower unit at $1,400/mo and upper at $1,500/mo, both month-to-month with tenants paying separate gas and electric.Features include refinished hardwood floors, natural slate flooring, granite counters, Samsung appliance suites, separate basements, separate meters, and a 2.5-car garage on a beautiful tree-lined street.Major updates include new windows, electrical, breaker boxes, PEX plumbing, and water heaters (2024) plus a full tear-off 50-year roof (2023).AGENTS MUST BE PRESENT FOR SHOWINGS AND PRIVATE INSPECTION, ALL MEASUREMENTS ARE ESTIMATES B.A.T.V.A.IDO NOT DISTURB TENANTS
Source: SparkMLS
About this home
This 4-bath home built in 1926 sits in Durfee in Detroit.
Asking $249,900.
Estimated annual property tax: $2,940, or about $245 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 TypeMulti Family
Bathrooms4
Lot Size0.11 acres
Year Built1926
Location
CityDetroit
Zip Code48206
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
HeatingForced Air
WaterPublic
Sale & Financing
Listed4/16/2026
Original Price$259,900
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$4,580
Tax Year2025
State Equalized Value$45,800
Assessed Value$45,800
Parcel #10003222.
Source: Public Records
Legal Description
N WEBB 51 WEBB AVE SUB L39 P32 PLATS, WCR 10/122 40 X 123.19A
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Mayre E Cruz Sanchez
KW Professionals
Frequently Asked Questions about 2696 Webb Street, Detroit, MI 48206
Which school district serves 2696 Webb Street, Detroit, MI 48206?
Per MLS# 20261023577, 2696 Webb Street, Detroit, MI 48206 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.
Can I use FHA or VA financing for this property?
Per MLS# 20261023577, this listing accepts Cash, Conventional, FHA, VA Loan financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 2696 Webb Street, Detroit, MI 48206?
Per public tax records, annual property taxes for this property are $4,039. 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, 2696 Webb Street, Detroit, MI 48206 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 2696 Webb Street, Detroit, MI 48206 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 2696 Webb Street, Detroit, MI 48206?
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$2,940
Monthly$245
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$1,866
Principal & interest$1,621
Property taxes$245
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
2696 Webb Street, Detroit, MI 48206
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Neighborhood
Durfee
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Community
Detroit
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County
Wayne County
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