For Sale
4246 Wabash Street, Detroit, MI 48208
$65,000
MLS # 20261034627 (Realcomp)
4 beds1 bath1,390 sqftBuilt 19030.08 acres
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Listing Description
Great opportunity to own this 4 bedroom colonial, located in the up and coming "Core City" Neighborhood. Close to casinos, Michigan Central, and so much more! Property needs a full rehab. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.
Source: SparkMLS
About this home
This 4-bedroom, 1-bath, 1,390 sq ft home built in 1903 sits in Jeffries in Detroit.
Asking $65,000 (about $47/sq ft).
Property tax estimate: $2,837 per year ($236/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.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms4
Bathrooms1
Living Area1,390 sqft
Lot Size0.08 acres
Year Built1903
Stories2
Location
CityDetroit
Zip Code48208
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionWood Siding
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed5/14/2026
Terms AcceptedCash
Source: SparkMLS
Tax Information
Annual Tax$421
Tax Year2025
State Equalized Value$44,200
Assessed Value$44,200
Homestead (PRE)100%
Parcel #08008851.
Source: Public Records
Legal Description
E WABASH 37 WOODRUFFS SUB L2 P32 PLATS, WCR 8/50 31 X 112
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Natasha C Richards
Bellabay Realty Tri Counties
Frequently Asked Questions about 4246 Wabash Street, Detroit, MI 48208
What school district is 4246 Wabash Street, Detroit, MI 48208 in?
Per MLS# 20261034627, this property is served by Detroit. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What financing options are available for 4246 Wabash Street, Detroit, MI 48208?
Per MLS# 20261034627, the seller has indicated this property accepts the following financing types: Cash. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20261034627, the most recent reported annual property tax for 4246 Wabash Street, Detroit, MI 48208 is $808. 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 4246 Wabash Street, Detroit, MI 48208 eligible for USDA financing?
Per USDA Rural Development boundary data, 4246 Wabash Street, Detroit, MI 48208 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, 4246 Wabash Street, Detroit, MI 48208 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. Sewer: Public. Water: Public. 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$2,837
Monthly$236
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$658
Principal & interest$422
Property taxes$236
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
4246 Wabash Street, Detroit, MI 48208
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Neighborhood
Jeffries
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Community
Detroit
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County
Wayne County
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