Pending
2927 Canton Street, Detroit, MI 48207
$120,000
MLS # 20261016723 (Realcomp)
Built 19120.07 acres
1 / 20
Listing Description
Spacious 6-bedroom multi-family property located in the desirable Islandview district of Detroit, just minutes from Eastern Market. Each unit features 3 bedrooms, offering generous living space for tenants or extended family living.The full-length attic provides additional flexible space—perfect for a home office, studio, or den. The basement is divided, allowing for added privacy and convenience for each unit.This property offers strong income potential for investors. Both units are currently vacant but were recently tenant-occupied. With a newer roof already in place, the property just needs a touch of updating to reach its full potential—ideal for investors or owner-occupants looking to add value.
Source: SparkMLS
About this home
This 2-bath home built in 1912 sits in Butzel in Detroit.
Asking $120,000.
Estimated annual property tax: $5,128, or about $427 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
Bathrooms2
Lot Size0.07 acres
Year Built1912
Location
CityDetroit
Zip Code48207
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionVinyl Siding
HeatingForced Air
WaterPublic
Sale & Financing
Listed4/7/2026
Terms AcceptedCash, Conventional, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$2,342
Tax Year2025
State Equalized Value$79,900
Assessed Value$79,900
Parcel #15010482.
Source: Public Records
Legal Description
W CANTON 183 MILLS SUB NO 3 L26 P12 PLATS, W C R 15/32 30 X 104.50
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Grace Darfour
EXP Realty Main
Frequently Asked Questions about 2927 Canton Street, Detroit, MI 48207
Which school district serves 2927 Canton Street, Detroit, MI 48207?
Per MLS# 20261016723, 2927 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 2927 Canton Street, Detroit, MI 48207?
Per MLS# 20261016723, 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 2927 Canton Street, Detroit, MI 48207?
Per public tax records, annual property taxes for this property are $7,301. 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, 2927 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 2927 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 2927 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$5,128
Monthly$427
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$1,206
Principal & interest$778
Property taxes$427
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
2927 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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