For Sale
3939 3rd Street, Detroit, MI 48201
$275,000
MLS # 20251031748 (Realcomp)
Built 19150.09 acres
1 / 5
Listing Description
Located on 3rd Street between Selden and Alexandrine in Midtown, this 5,393-square-foot redevelopment opportunity offers exceptional visibility and walkability in one of Detroit's most vibrant neighborhoods. Zoned B4, the property accommodates a wide range of commercial uses and is located within steps of Little Caesars Arena, Selden Standard, Honest John's, SheWolf, and Mad Nice. Surrounded by substantial revitalization and investment, it represents a rare opportunity for flexible development in the heart of Detroit's cultural and culinary district.
Source: SparkMLS
About this home
Currently offered at $275,000.
Annual property taxes run approximately $14,004 ($1,167/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. Fiber internet is available at this address with download speeds up to 5,000 Mbps across 9 providers.
Listing Property Details
Property TypeCommercial Sale
Bathrooms0
Lot Size0.09 acres
Year Built1915
Location
CityDetroit
Zip Code48201
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
WaterPublic
Sale & Financing
Listed8/27/2025
Original Price$295,000
Source: SparkMLS
Tax Information
Annual Tax$13,234
Tax Year2025
State Equalized Value$170,400
Assessed Value$170,400
Parcel #04003544.
Source: Public Records
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Vincent Mazzola
O'Connor Realty Detroit, LLC
Frequently Asked Questions about 3939 3rd Street, Detroit, MI 48201
Which school district serves 3939 3rd Street, Detroit, MI 48201?
Per MLS# 20251031748, 3939 3rd Street, Detroit, MI 48201 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 3939 3rd Street, Detroit, MI 48201?
Per public tax records, annual property taxes for this property are $12,176. 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, 3939 3rd Street, Detroit, MI 48201 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 3939 3rd Street, Detroit, MI 48201 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 available at 3939 3rd Street, Detroit, MI 48201. The maximum advertised download speed is 5.0 Gbps. 9 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 3939 3rd Street, Detroit, MI 48201?
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.
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Tax Estimate
$
Annual tax$14,004
Monthly$1,167
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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Monthly payment$2,951
Principal & interest$1,784
Property taxes$1,167
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
FiberDownload
5 Gbps
Upload
5 Gbps
FiberCableLicensed Fixed WirelessGSO SatelliteSatelliteDSL
9 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
3939 3rd Street, Detroit, MI 48201
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Neighborhood
Lower Woodward
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Community
Detroit
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County
Wayne County
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