Sold
3300 Waverly Street, Detroit, MI 48238
Sold on 06/04/2026 for$115,000
MLS # 20261010264 (Realcomp)
5 beds2 baths1,988 sqftBuilt 19280.08 acres
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Listing Description
Stunning West Side Brick Colonial with a large inviting front porch, located in the desirable Dexter–Linwood area, just a hop, skip, and a jump from the prestigious Boston Edison District. This newly renovated home features new plush carpet throughout, a beautifully updated kitchen with new cabinets and fixtures, and fully renovated bathrooms with modern finishes.Currently tenant-occupied at $1,450 per month(17,400 annually), offering 12% Gross ROI.This is an excellent turnkey investment opportunity with immediate cash flow. A great asset with strong rental performance. Perfect for investors seeking a performing asset in a strong rental market.
Source: SparkMLS
About this home
5-bedroom, 2-bath, 1,988 sq ft home in Durfee in Detroit built in 1928.
This home sold for $115,000 (about $58/sq ft).
Property tax estimate: $1,001 per year ($83/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. Broadband is available with download speeds up to 1,200 Mbps from 7 providers.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms5
Bathrooms2
Living Area1,988 sqft
Lot Size0.08 acres
Year Built1928
Stories3
Location
CityDetroit
Zip Code48238
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed2/17/2026
Sold Date6/3/2026
Original Price$150,000
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$1,235
Tax Year2025
State Equalized Value$15,600
Assessed Value$15,600
Parcel #12004410.
Source: Public Records
Legal Description
N WAVERLY 25 WARK-GILBERT COS SECURITY SUB L38 P60 PLATS, W C R 12/273 35 X 100
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Adrienne Ponce
EXP Realty Main
Frequently Asked Questions about 3300 Waverly Street, Detroit, MI 48238
Which school district serves 3300 Waverly Street, Detroit, MI 48238?
Per MLS# 20261010264, 3300 Waverly Street, Detroit, MI 48238 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# 20261010264, 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 3300 Waverly Street, Detroit, MI 48238?
Per public tax records, annual property taxes for this property are $1,303. 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, 3300 Waverly Street, Detroit, MI 48238 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 3300 Waverly Street, Detroit, MI 48238 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 internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 3300 Waverly Street, Detroit, MI 48238. The maximum advertised download speed is 1.2 Gbps. 7 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 3300 Waverly Street, Detroit, MI 48238?
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.
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$1,001
Monthly$83
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$959
Principal & interest$876
Property taxes$83
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
Download
1.2 Gbps
Upload
35 Mbps
CableGSO SatelliteLicensed Fixed WirelessSatelliteDSL
7 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
3300 Waverly Street, 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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