MLS # 20261011581 (Realcomp)

3-bedroom, 1-bath bungalow offering a functional layout with a spacious living area and main-floor bedroom, plus additional bedrooms upstairs. Solid footprint with value-add potential for an investor or owner-occupant. Located in a designated Federal Opportunity Zone, providing potential long-term tax advantages for investors. Conveniently situated near Amazon, with easy access to major corridors, employment centers, and surrounding amenities. Investor special with strong upside in an improving area.
Source: SparkMLS
3-bedroom, 1-bath, 748 sq ft home in State Fair in Detroit built in 1924.
This home sold for $12,000 (about $16/sq ft).
Annual property taxes run approximately $270 ($23/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.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
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 12/30/2026. N ADELINE 638 STATE FAIR L28 P26 PLATS, W C R 1/182 30 X 120
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Mikhail Grigoryan
Detroit Progress Realty LLC
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
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
474 Adeline Street, Detroit, MI 48203
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Neighborhood
State Fair
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Community
Detroit
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County
Wayne County
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