Pending
3633 Oakman Boulevard, Detroit, MI 48204
$350,000
MLS # 20261009910 (Realcomp)
Built 19250.13 acres
1 / 5
Listing Description
Excellent investment opportunity! This fully occupied 9-unit apartment building offers strong, consistent cash flow with each unit featuring 1 bedroom and 1 bathroom. Rental income varies, with some units leased at $700 per month and others at $750 per month, providing immediate returns for both new and experienced investors. Each unit offers a comfortable layout designed for everyday convenience, and tenants benefit from a coin operated community washer and dryer on site, adding extra value and additional income potential. This is a fantastic opportunity to generate steady rental income while building long term equity. Whether you’re expanding your portfolio or entering the multifamily market, this property checks all the boxes. Don’t miss out!
Source: SparkMLS
About this home
Located in Winterhalter in Detroit, this property offers 9-bath, with original construction dating to 1925.
Currently offered at $350,000.
Property tax estimate: $11,162 per year ($930/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 TypeMulti Family
Bathrooms9
Lot Size0.13 acres
Year Built1925
Location
CityDetroit
Zip Code48204
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
HeatingForced Air
WaterPublic
Sale & Financing
Listed2/16/2026
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$6,896
Tax Year2025
State Equalized Value$173,900
Assessed Value$173,900
Parcel #16025190.
Source: Public Records
Legal Description
E OAKMAN BLVD 208 R OAKMANS CORTLAND & FORD HWY SUB L37 P53 PLATS, W C R 16/257 45 X 120
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Danielle S Dunham
EXP Realty Main
Frequently Asked Questions about 3633 Oakman Boulevard, Detroit, MI 48204
Which school district serves 3633 Oakman Boulevard, Detroit, MI 48204?
Per MLS# 20261009910, 3633 Oakman Boulevard, Detroit, MI 48204 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# 20261009910, 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 3633 Oakman Boulevard, Detroit, MI 48204?
Per public tax records, annual property taxes for this property are $6,031. 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, 3633 Oakman Boulevard, Detroit, MI 48204 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 3633 Oakman Boulevard, Detroit, MI 48204 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 3633 Oakman Boulevard, Detroit, MI 48204. 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 3633 Oakman Boulevard, Detroit, MI 48204?
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$11,162
Monthly$930
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$3,200
Principal & interest$2,270
Property taxes$930
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
Download
1.2 Gbps
Upload
35 Mbps
CableLicensed Fixed WirelessGSO SatelliteSatelliteDSL
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
3633 Oakman Boulevard, Detroit, MI 48204
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Neighborhood
Winterhalter
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Community
Detroit
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County
Wayne County
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