MLS # 20261053957 (Realcomp)

Welcome to 4039 Tuxedo St - Investor Special with Endless Potential! This rare opportunity offers approximately 3,400 square feet of above-grade living space plus an additional 1,700-square-foot basement, providing an incredible canvas for your next renovation project. The interior has been completely gutted, allowing you to bring your vision to life without the expense of demolition.Featuring 4 bedrooms and 2 full bathrooms, this property offers outstanding flexibility and could be transformed into a spacious single-family residence or converted into a desirable income-producing duplex (subject to city approvals and zoning requirements). The expansive layout provides endless possibilities for investors, builders, or developers looking to maximize value.Whether you're planning a flip, a long-term rental, or a multi-unit investment, this property is ready for its next chapter. Don't miss the opportunity to create significant equity in one of Detroit's growing investment markets. Property is being sold as-is. Buyer to verify all measurements, zoning, and intended use.
Source: SparkMLS
Located in Winterhalter in Detroit, this property offers 4-bedroom, 2-bath, 3,400 sq ft, with original construction dating to 1929.
Currently offered at $100,000 (about $29/sq ft).
Property tax estimate: $609 per year ($51/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: Public Records
Legal Description
PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2029. S TUXEDO 145 LEWIS & CROFOOTS SUB NO 4 L26 P84 PLATS, W C R 14/192 30 X 104
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Emi Cross
Good Company
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
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
4039 Tuxedo Street, 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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