For Sale
4266 WAVERLY Street, Detroit, MI 48238
$7,500
MLS # 20250021384 (Realcomp)
Built 19270.08 acres
1 / 48
Listing Description
Welcome to the latest offering from the Detroit land bank authority. Brick 2 family flat in need of major rehab located in the much sought after Russell Woods subdivision. Bring your hard hat and your budget and get to work. Your new project awaits. 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/or 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. Please refer to DLBA proposal guidelines.
Source: SparkMLS
About this home
2-bath home in Winterhalter in Detroit built in 1927.
Currently offered at $7,500.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company. Broadband is available with download speeds up to 2,000 Mbps from 6 providers.
Listing Property Details
Property TypeMulti Family
Bathrooms2
Lot Size0.08 acres
Year Built1927
Location
CityDetroit
Zip Code48238
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
HeatingForced Air
WaterPublic
Sale & Financing
Listed3/30/2025
Terms AcceptedCash
Source: SparkMLS
Tax Information
Annual Tax$0
Tax Year2025
Assessed Value$0
Parcel #14005413.
Source: Public Records
Legal Description
N WAVERLY 41 RUSSELL WOODS SUB L34 P3 PLATS, W C R 14/195 35 X 100
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 Gene Kelley
Real Estate One-Southfield
Frequently Asked Questions about 4266 WAVERLY Street, Detroit, MI 48238
Which school district serves 4266 WAVERLY Street, Detroit, MI 48238?
Per MLS# 20250021384, 4266 WAVERLY Street, Detroit, MI 48238 is in the Detroit boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Detroit directly to confirm enrollment eligibility.
What financing options are available for 4266 WAVERLY Street, Detroit, MI 48238?
Per MLS# 20250021384, this listing accepts Cash financing. Financing acceptance is subject to change — confirm with the listing agent.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 4266 WAVERLY 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.
Is 4266 WAVERLY Street, Detroit, MI 48238 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. 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 4266 WAVERLY Street, Detroit, MI 48238 in a historic district?
Per municipal ordinance records, this property is within the Russell Woods-Sullivan Historic District. Exterior changes to properties in locally-designated historic districts typically require approval from the Historic District Commission. Verify current requirements with the local HDC.
What internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 4266 WAVERLY Street, Detroit, MI 48238. The maximum advertised download speed is 2.0 Gbps. 6 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 4266 WAVERLY Street, Detroit, MI 48238?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Wayne County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
Map
Tax Estimate
$
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$49
Principal & interest$49
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
Download
2 Gbps
Upload
250 Mbps
CableGSO SatelliteSatelliteDSLLicensed Fixed Wireless
6 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
4266 WAVERLY 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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