For Sale
4053 TYLER Street, Detroit, MI 48238
$250,000
MLS # 20261038606 (Realcomp)
Built 19300.09 acres
1 / 2
Listing Description
Welcome to this spacious and well-maintained three-unit brick home, perfect for investors seeking instant rental income. This turn-key property is rental city certified and has passed inspections through MSHDA/HUD, potential total monthly collected rent is $3,738! Each unit boasts beautiful hardwood floors, offering classic charm and easy maintenance. The shared basement includes on-site laundry, adding convenience for tenants. Off-street parking ensures ease and security for all residents. Heat and water are included, with renters paying electric. This home is a smart addition to any portfolio. Don’t miss your chance to own a solid income-producing property in a desirable area. Whether you're looking to expand your investments or live in one unit while earning from the others, this property checks all the boxes! *Please note, a tenant paying $1,019 in an upper one bedroom unit is vacated June 30th. Seller has an FHA assumable mortgage with low 3% interest rate for a primary home.*
Source: SparkMLS
About this home
This 3-bath home built in 1930 sits in Winterhalter in Detroit.
Listed at $250,000.
Estimated annual property tax: $4,807, or about $401 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
Bathrooms3
Lot Size0.09 acres
Year Built1930
Location
CityDetroit
Zip Code48238
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
HeatingRadiant
Sale & Financing
Listed5/26/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$6,395
Tax Year2025
State Equalized Value$74,900
Assessed Value$74,900
Parcel #14005253.
Source: Public Records
Legal Description
S TYLER 242 SULLIVANS DEXTER BLVD SUB NO 1 L55 P53 PLATS, W C R 14/211 35 X 116
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLHistoric District: Russell Woods-Sullivan Historic District
Exterior changes may require Historic District Commission (HDC) approval
Source: Detroit Historic District CommissionUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Danielle L Strozeski
Star Valley Realty LLC
Frequently Asked Questions about 4053 TYLER Street, Detroit, MI 48238
What school district is 4053 TYLER Street, Detroit, MI 48238 in?
Per MLS# 20261038606, this property is served by Detroit. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What type of financing is accepted for this listing?
Per MLS# 20261038606, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20261038606, the most recent reported annual property tax for 4053 TYLER Street, Detroit, MI 48238 is $5,641. 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.
Is 4053 TYLER Street, Detroit, MI 48238 eligible for USDA financing?
Per USDA Rural Development boundary data, 4053 TYLER 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.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 4053 TYLER Street, Detroit, MI 48238 is in flood zone X (minimal risk). 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.
Is this property in a historic district?
Per local historic district records, 4053 TYLER Street, Detroit, MI 48238 is located within the Russell Woods-Sullivan Historic District. Properties in locally-designated historic districts may require Historic District Commission (HDC) approval for exterior modifications. Contact the local HDC for current guidelines.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Wayne County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
Map
Tax Estimate
$
Annual tax$4,807
Monthly$401
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$2,022
Principal & interest$1,621
Property taxes$401
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
4053 TYLER Street, Detroit, MI 48238
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Neighborhood
Winterhalter
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Community
Detroit
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County
Wayne County
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