For Sale
4605 Bedford Street, Detroit, MI 48224
$25,000
MLS # 26009314 (Michigan Regional Information Center (MichRIC))
3 beds1 bath937 sqftBuilt 19370.1 acres
1 / 59
Listing Description
4605 Bedford is a great opportunity for experienced investors. Property needs full rehab. Buyer must submit a proposal to purchase. This should include detailed plans for rehab & financing plan with Proof Of Funds or Pre- Approval letter, or a new construction loan. The Tax Capture may be incompatible with tax abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights & may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development financing. BATVAI.
Source: SparkMLS
About this home
Located in Finney in Detroit, this property offers 3-bedroom, 1-bath, 937 sq ft, with original construction dating to 1937.
Currently offered at $25,000 (about $27/sq ft).
Estimated annual property tax: $1,650, or about $138 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 TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms1
Living Area937 sqft
Lot Size0.1 acres
Year Built1937
Stories1
Location
CityDetroit
MunicipalityDetroit City
Zip Code48224
CountyWayne
School DistrictDetroit
Construction & Systems
StyleColonial
ConstructionBrick
BasementMichigan Basement
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed3/11/2026
Terms AcceptedCash
Source: SparkMLS
Tax Information
Annual Tax$799
Tax Year2025
State Equalized Value$25,700
Assessed Value$25,700
Parcel #21070990.
Source: Public Records
Legal Description
W BEDFORD 260 EAST DETROIT DEVELOPMENT COS SUB NO 1 L36 P19 PLATS, WCR 21/427 40 X 114
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Melissa Shelby
House of Deeds RealEstate Firm
Frequently Asked Questions about 4605 Bedford Street, Detroit, MI 48224
Which school district serves 4605 Bedford Street, Detroit, MI 48224?
Per MLS# 26009314, 4605 Bedford Street, Detroit, MI 48224 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.
Can I use FHA or VA financing for this property?
Per MLS# 26009314, this listing accepts Cash financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 4605 Bedford Street, Detroit, MI 48224?
Per public tax records, annual property taxes for this property are $1,325 (2025). 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.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 4605 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.
Is 4605 Bedford Street, Detroit, MI 48224 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.
What utilities serve 4605 Bedford Street, Detroit, MI 48224?
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.
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
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Annual tax$1,650
Monthly$138
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$300
Principal & interest$162
Property taxes$138
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
4605 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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