For Sale
4259 W Grand Street, Detroit, MI 48238
$59,900
MLS # 20261048452 (Realcomp)
Built 19250.1 acres
1 / 15
Listing Description
Attention investors! Value-add multifamily opportunity in Detroit's Russell Woods/Sullivan neighborhood. This two-family property offers excellent renovation potential and has been cleaned out and taken down to the studs, with demo already completed. Brand-new steel entry doors have been installed, and the unfinished attic provides potential for additional living space. Ideal for a fix-and-flip, BRRRR, or long-term rental investment with significant upside potential. Schedule a showing today!
Source: SparkMLS
About this home
This 2-bath home built in 1925 sits in Winterhalter in Detroit.
Asking $59,900.
Property tax estimate: $1,495 per year ($125/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 TypeMulti Family
Bathrooms2
Lot Size0.1 acres
Year Built1925
Location
CityDetroit
Zip Code48238
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
HeatingForced Air
WaterPublic
Sale & Financing
Listed6/24/2026
Original Price$63,000
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$1,435
Tax Year2025
State Equalized Value$23,300
Assessed Value$23,300
Parcel #14005660.
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 12/30/2024. S GRAND 426 ROBT OAKMANS LIVERNOIS & FORD HWY SUB L36 P2 PLATS, W C R 14/197 35 X 119.32
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Iman Elsibai
Keller Williams Legacy
Frequently Asked Questions about 4259 W Grand Street, Detroit, MI 48238
What school district is 4259 W Grand Street, Detroit, MI 48238 in?
Per MLS# 20261048452, 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# 20261048452, the seller has indicated this property accepts the following financing types: Cash, Conventional, FHA, VA Loan. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20261048452, the most recent reported annual property tax for 4259 W Grand Street, Detroit, MI 48238 is $1,588. 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 4259 W Grand Street, Detroit, MI 48238 eligible for USDA financing?
Per USDA Rural Development boundary data, 4259 W Grand 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, 4259 W Grand 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.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. 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.
Map
Tax Estimate
$
Annual tax$1,495
Monthly$125
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$513
Principal & interest$389
Property taxes$125
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
4259 W Grand 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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