Sold
4887 Cortland Street, Detroit, MI 48204
Sold on 02/23/2026 for$42,000
MLS # 20261002908 (Realcomp)
3 beds3 baths2,105 sqftBuilt 19240.07 acres
1 / 5
Listing Description
Opportunity is knocking! Attention investors and handy people this home appears to have good bones and is located on a nice street with other up and coming neighboring homes! Home features a large living room with wood floors that flows into the dining area. THis open floor plan provides a great area for daily living and entertaining. The kitchen has oak cabinets and a breakfast nook. The first floor also has a half bathroom. Moving upstairs there are 3 nice sized bedrooms and a full bath. Partially finished basement with an additional half bath. The mechanicals aren't installed in the property. This home provides a blank canvas to make your own. Please note this bank owned property required 10 days of marketing before an offer will be accepted.
Source: SparkMLS
About this home
Located in Winterhalter in Detroit, this property offers 3-bedroom, 3-bath, 2,105 sq ft, with original construction dating to 1924.
Final sale price: $42,000 (about $20/sq ft).
Annual property taxes run approximately $783 ($65/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Broadband is available with download speeds up to 1,200 Mbps from 7 providers. Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms3
Living Area2,105 sqft
Lot Size0.07 acres
Year Built1924
Stories2
Location
CityDetroit
Zip Code48204
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
BasementPartial
Garage1 space
HeatingForced Air
InteriorBasement Partially Finished
Sale & Financing
Listed1/13/2026
Sold Date2/22/2026
Terms AcceptedCash
Source: SparkMLS
Tax Information
Annual Tax$943
Tax Year2025
State Equalized Value$12,200
Assessed Value$12,200
Homestead (PRE)100%
Parcel #14004565.
Source: Public Records
Legal Description
S CORTLAND 497 RUSSELL WOODS SUB L34 P3 PLATS, W C R 14/195 35 X 89.91A
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 James D Wellington
RE/MAX First
Frequently Asked Questions about 4887 Cortland Street, Detroit, MI 48204
What school district is 4887 Cortland Street, Detroit, MI 48204 in?
Per MLS# 20261002908, this property is served by Detroit. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 20261002908, 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# 20261002908, the most recent reported annual property tax for 4887 Cortland Street, Detroit, MI 48204 is $1,290. 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 4887 Cortland Street, Detroit, MI 48204 eligible for USDA financing?
Per USDA Rural Development boundary data, 4887 Cortland Street, Detroit, MI 48204 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, 4887 Cortland Street, Detroit, MI 48204 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.
Is this property in a historic district?
Per local historic district records, 4887 Cortland Street, Detroit, MI 48204 is located within the Russell Woods-Sullivan Historic District. Properties in locally-designated historic districts may require Historic District Commission (HDC) approval for exterior modifications. Contact the local HDC for current guidelines.
Is fiber internet available at 4887 Cortland Street, Detroit, MI 48204?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 4887 Cortland Street, Detroit, MI 48204. The maximum advertised download speed is 1.2 Gbps. 7 internet providers serve this address. Confirm availability and speeds directly with providers.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. 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$783
Monthly$65
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$331
Principal & interest$265
Property taxes$65
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
Download
1.2 Gbps
Upload
35 Mbps
CableLicensed Fixed WirelessGSO SatelliteSatelliteDSL
7 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
4887 Cortland Street, Detroit, MI 48204
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Neighborhood
Winterhalter
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Community
Detroit
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County
Wayne County
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