For Sale
2962 Fullerton, Detroit, MI 48238
$175,000
MLS # 20261023934 (Realcomp)
7 beds2 baths2,600 sqftBuilt 19270.1 acres
1 / 7
Listing Description
Excellent opportunity to own a large 2-unit multifamily in Detroit’s rapidly stabilizing Dexter–Linwood neighborhood. This property features two spacious units (one 4-bedroom and one 3-bedroom) with classic early-20th-century architecture and strong rental potential. Perfect for house-hackers, investors, or value-add buyers looking to capitalize on continued neighborhood revitalization.Located minutes from Russell Woods, Boston-Edison, New Center, and Midtown, this property sits near major ongoing investment along the Dexter corridor including a $21.5M Strategic Neighborhood Fund revitalization project bringing new streetscape improvements, murals, retail pop-ups, facade upgrades, and new housing development.The area is also benefiting from infrastructure upgrades including bike lanes, pedestrian improvements, landscaping, new lighting, and transit enhancements along Dexter Avenue designed to support neighborhood businesses and walkability.Property is 1 of 11 in a portfolio being sold all within the Downtown Area. Buy 1 or as many as you would like. MLS#s for the other 10 properties: 20261015057, 20261015035, 20261015005, 20261015574, 20261015576, 20261015577, 20261015578, 20261015583, 20261015683, 20261015586
Source: SparkMLS
About this home
7-bedroom, 2-bath, 2,600 sq ft home in Durfee in Detroit built in 1927.
Currently offered at $175,000 (about $67/sq ft).
Property tax estimate: $1,784 per year ($149/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 TypeResidential
Property SubtypeSingle Family Residence
Bedrooms7
Bathrooms2
Living Area2,600 sqft
Lot Size0.1 acres
Year Built1927
Stories2
Location
CityDetroit
Zip Code48238
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed4/14/2026
Original Price$199,000
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$2,780
Tax Year2025
State Equalized Value$27,800
Assessed Value$27,800
Parcel #12004054.
Source: Public Records
Legal Description
N FULLERTON 190 ROBERT OAKMANS CHERRY LANE SUB L38 P77 PLATS, W C R 12/268 34 X 121.56
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 Michael Gerisch
KW Professionals
Frequently Asked Questions about 2962 Fullerton, Detroit, MI 48238
What school district is 2962 Fullerton, Detroit, MI 48238 in?
Per MLS# 20261023934, this property is served by Detroit. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What financing options are available for 2962 Fullerton, Detroit, MI 48238?
Per MLS# 20261023934, the seller has indicated this property accepts the following financing types: Cash, Conventional, FHA, VA Loan. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20261023934, the most recent reported annual property tax for 2962 Fullerton, Detroit, MI 48238 is $2,784. 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 2962 Fullerton, Detroit, MI 48238 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 2962 Fullerton, Detroit, MI 48238 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. Sewer: Public. 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$1,784
Monthly$149
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$1,284
Principal & interest$1,135
Property taxes$149
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
2962 Fullerton, Detroit, MI 48238
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Neighborhood
Durfee
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Community
Detroit
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County
Wayne County
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