For Sale
4158 Bedford Street, Detroit, MI 48224
$117,500
MLS # 20261018522 (Realcomp)
Built 19580.11 acres
1 / 26
Listing Description
Great investment opportunity on Detroit’s east side! This solid 2-unit multi-family property features two spacious 2-bedroom units. The lower unit is currently tenant-occupied, generating $850/month in rental income, providing immediate cash flow. The upper unit is vacant and ready for occupancy—perfect for an owner-occupant or to place a new tenant at market rent. The main sewer has recently been jetted and the house is priced very well for the area. Separate entrances and functional layouts make this a desirable setup for both investors and tenants. Conveniently located near shopping, schools, and major roadways. Don’t miss your chance to add a performing asset to your portfolio!
Source: SparkMLS
About this home
2-bath home in Finney in Detroit built in 1958.
Currently offered at $117,500.
Estimated annual property tax: $2,773, or about $231 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 Size0.11 acres
Year Built1958
Location
CityDetroit
Zip Code48224
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
HeatingForced Air
Sale & Financing
Listed3/22/2026
Original Price$120,000
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$2,771
Tax Year2025
State Equalized Value$43,200
Assessed Value$43,200
Parcel #21070750.
Source: Public Records
Legal Description
E BEDFORD 184 EAST DETROIT DEVELOPMENT COS SUB NO 1 L36 P19 PLATS, WCR 21/427 40 X 120.21A
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by David Rabior
Clyde Realty LLC
Frequently Asked Questions about 4158 Bedford Street, Detroit, MI 48224
What school district is 4158 Bedford Street, Detroit, MI 48224 in?
Per MLS# 20261018522, this property is served by Detroit. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 20261018522, 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# 20261018522, the most recent reported annual property tax for 4158 Bedford Street, Detroit, MI 48224 is $2,614. 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 4158 Bedford Street, Detroit, MI 48224 eligible for USDA financing?
Per USDA Rural Development boundary data, 4158 Bedford Street, Detroit, MI 48224 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, 4158 Bedford Street, Detroit, MI 48224 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.
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.
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Tax Estimate
$
Annual tax$2,773
Monthly$231
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$993
Principal & interest$762
Property taxes$231
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
4158 Bedford Street, Detroit, MI 48224
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Neighborhood
Finney
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Community
Detroit
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County
Wayne County
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