Pending
295 Eastlawn Street, Detroit, MI 48215
$149,999
MLS # 20261020775 (Realcomp)
Built 19260.14 acres
1 / 21
Listing Description
295-297 Eastlawn. Great opportunity to own this investment property located in Jefferson/Chalmers area. Cash flowing units. both units are leased. Lower unit has 2 bedrooms, 1 bath, kitchen, living room and dining room. Upper unit has 2 bedrooms, 1 bath, kitchen, living room and dining room. Full shared basement. Tenant occupied. 24 hour notice to show. Pre-approved/Proof of funds buyer only. BATVAI. Net Annual Income is estimated. A Licensed Realtor must be present during all showings. Photos shown are samples of the bottom unit. A Michigan Realtor must be present during all showings and inspections.
Source: SparkMLS
About this home
Located in East Riverside in Detroit, this property offers 2-bath, with original construction dating to 1926.
Listed at $149,999.
Annual property taxes run approximately $3,004 ($250/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
Bathrooms2
Lot Size0.14 acres
Year Built1926
Location
CityDetroit
Zip Code48215
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
HeatingForced Air
WaterPublic
Sale & Financing
Listed3/30/2026
Original Price$179,999
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$4,680
Tax Year2025
State Equalized Value$46,800
Assessed Value$46,800
Parcel #21053538.
Source: Public Records
Legal Description
W EASTLAWN 200 RIVERSIDE BLVD SUB L37 P93 PLATS, W C R 21/419 50 X 120
Property Records
FEMA Flood Zone: Zone AE — 100-year floodplain
Flood insurance required for federally backed mortgages
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Tramar Clay
National Realty Centers, Inc
Frequently Asked Questions about 295 Eastlawn Street, Detroit, MI 48215
Which school district serves 295 Eastlawn Street, Detroit, MI 48215?
Per MLS# 20261020775, 295 Eastlawn Street, Detroit, MI 48215 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# 20261020775, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 295 Eastlawn Street, Detroit, MI 48215?
Per public tax records, annual property taxes for this property are $4,670. 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, 295 Eastlawn Street, Detroit, MI 48215 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 295 Eastlawn Street, Detroit, MI 48215 in a flood zone?
Per FEMA flood maps, this property is designated as Zone AE, a high-risk flood area. Flood insurance is required for federally-backed mortgages in this zone. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 295 Eastlawn Street, Detroit, MI 48215?
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.
Map
Tax Estimate
$
Annual tax$3,004
Monthly$250
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$1,223
Principal & interest$973
Property taxes$250
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
295 Eastlawn Street, Detroit, MI 48215
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Neighborhood
East Riverside
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Community
Detroit
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County
Wayne County
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