For Sale
368 Piper Boulevard, Detroit, MI 48215
$269,900
MLS # 20261028662 (Realcomp)
Built 19240.13 acres
1 / 56
Listing Description
Turnkey duplex with strong investment fundamentals! Both units feature 3 bedrooms with separate gas & electric meters. Fully renovated throughout including new kitchens & new bathrooms. Home has been freshly painted throughout both units including basement. Big expense items done including new windows, new roof shingles and major infrastructure work includes main drain replaced and backflow prevention installed. Bonus unfinished 3rd floor attic offers future potential. Low maintenance, move-in ready for tenants, and positioned for immediate cash flow. Don’t miss this updated, income-producing property! Home comes with property management for one year!
Source: SparkMLS
About this home
2-bath home in East Riverside in Detroit built in 1924.
Listed at $269,900.
Estimated annual property tax: $3,581, or about $298 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 TypeMulti Family
Bathrooms2
Lot Size0.13 acres
Year Built1924
Location
CityDetroit
Zip Code48215
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
HeatingForced Air
WaterPublic
Sale & Financing
Listed4/26/2026
Original Price$275,000
Terms AcceptedCash, Conventional, FHA
Source: SparkMLS
Tax Information
Annual Tax$1,771
Tax Year2025
State Equalized Value$55,800
Assessed Value$55,800
Parcel #21051922.
Source: Public Records
Legal Description
E-PIPER 165 RIVERSIDE BLVD SUB L37 P93 PLATS, W C R 21/419 40 X 145
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 Meghan Schubring
Pearl Real Estate
Frequently Asked Questions about 368 Piper Boulevard, Detroit, MI 48215
Which school district serves 368 Piper Boulevard, Detroit, MI 48215?
Per MLS# 20261028662, 368 Piper Boulevard, 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.
Can I use FHA or VA financing for this property?
Per MLS# 20261028662, this listing accepts Cash, Conventional, FHA 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 368 Piper Boulevard, Detroit, MI 48215?
Per public tax records, annual property taxes for this property are $1,955. 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, 368 Piper Boulevard, 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 368 Piper Boulevard, 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 368 Piper Boulevard, 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$3,581
Monthly$298
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$2,049
Principal & interest$1,751
Property taxes$298
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
368 Piper Boulevard, 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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