For Sale
301 S OAKWOOD, Detroit, MI 48217
$289,900
MLS # 20261051575 (Realcomp)
Built 19890.25 acres
1 / 37
Listing Description
GREAT INVESTMENT OPPORTUNITY FOR A POTENTIAL GROW (NOT SURE IF GREEN ZONED), IT HAVE 600MP, STORAGE FACILITY, AUTO SHOP, ANYTHING YOU CAN IMAGINE TO USE THIS BUILDING FOR. THIS COMMERCIAL BUILDING IS 6509 sq ft, ZONED B2, ALL BRICK, HUGE INSIDE WITH HIGH CEILINGS. ROOF IS IN GOOD SHAPE, AS WELL AS THE STRUCTURE OF THE BUILDING. MOTIVATED SELLER. LAND CONTRACT TERMS ARE AVAILABLE. BUYERS AGENT TO VERIFY ALL DATA.
Source: SparkMLS
About this home
Asking $289,900.
Estimated annual property tax: $6,895, or about $575 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 TypeCommercial Sale
Bathrooms0
Lot Size0.25 acres
Year Built1989
Location
CityDetroit
Zip Code48217
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionOther, Brick
WaterPublic
Sale & Financing
Listed7/6/2026
Source: SparkMLS
Tax Information
Annual Tax$7,209
Tax Year2025
State Equalized Value$83,900
Assessed Value$83,900
Parcel #20016026.
Source: Public Records
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 Terry Asmar
My Realty LLC
Frequently Asked Questions about 301 S OAKWOOD, Detroit, MI 48217
Which school district serves 301 S OAKWOOD, Detroit, MI 48217?
Per MLS# 20261051575, 301 S OAKWOOD, Detroit, MI 48217 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 are the property taxes at 301 S OAKWOOD, Detroit, MI 48217?
Per public tax records, annual property taxes for this property are $6,178. 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, 301 S OAKWOOD, Detroit, MI 48217 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 301 S OAKWOOD, Detroit, MI 48217 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 301 S OAKWOOD, Detroit, MI 48217?
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$6,895
Monthly$575
Millage rate82.1844 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$2,455
Principal & interest$1,880
Property taxes$575
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
301 S OAKWOOD, Detroit, MI 48217
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Neighborhood
Boynton
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Community
Detroit
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County
Wayne County
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