For Sale
5042 Pennsylvania Street, Detroit, MI 48213
$15,000
MLS # 20261032264 (Realcomp)
2 beds1 bath1,353 sqftBuilt 19150.09 acres
1 / 78
Listing Description
Tenant-occupied investment opportunity with a proven long-term rental history. Current tenant has occupied the property for decades and is currently paying $750/month. Rent ledger and lease documentation available upon request. Property is being sold as-is and is priced accordingly due to needed repairs and updates. Because the property is tenant occupied, an accepted offer is required prior to interior access or showings.Ask about additional investment opportunities available from the same owner, including a 3-property portfolio featuring professionally managed tenant-occupied homes. Portfolio or package pricing may be available with multiple purchases. Room dimensions are estimated. Seller is related to the agent. Flexible land contract terms available.
Source: SparkMLS
About this home
Located in St Jean in Detroit, this property offers 2-bedroom, 1-bath, 1,353 sq ft, with original construction dating to 1915.
Asking $15,000 (about $11/sq ft).
Estimated annual property tax: $1,027, or about $86 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
Bedrooms2
Bathrooms1
Living Area1,353 sqft
Lot Size0.09 acres
Year Built1915
Stories2
Location
CityDetroit
Zip Code48213
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionAluminum Siding
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed5/6/2026
Original Price$28,000
Terms AcceptedCash, Land Contract
Source: SparkMLS
Tax Information
Annual Tax$1,344
Tax Year2025
State Equalized Value$16,000
Assessed Value$16,000
Parcel #19005696.
Source: Public Records
Legal Description
E PENNSYLVANIA 24 BLK 7 ALBERT HESSELBACHER & JOS S VISGERS SUB L16 P74 PLATS, W C R 19/80 30 X 137
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by TJ Brisbois
Wise Property Buyers
Frequently Asked Questions about 5042 Pennsylvania Street, Detroit, MI 48213
What school district is 5042 Pennsylvania Street, Detroit, MI 48213 in?
Per MLS# 20261032264, 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# 20261032264, the seller has indicated this property accepts the following financing types: Cash, Land Contract. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20261032264, the most recent reported annual property tax for 5042 Pennsylvania Street, Detroit, MI 48213 is $1,400. 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 5042 Pennsylvania Street, Detroit, MI 48213 eligible for USDA financing?
Per USDA Rural Development boundary data, 5042 Pennsylvania Street, Detroit, MI 48213 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, 5042 Pennsylvania Street, Detroit, MI 48213 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. Sewer: Public. 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$1,027
Monthly$86
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$183
Principal & interest$97
Property taxes$86
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
5042 Pennsylvania Street, Detroit, MI 48213
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Neighborhood
St Jean
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Community
Detroit
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County
Wayne County
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