Pending
5044 Fairview Street, Detroit, MI 48213
$199,000
MLS # 20261039447 (Realcomp)
Built 19240.07 acres
1 / 24
Listing Description
WELCOME TO 5044 FAIRVIEW ST, A FULLY RENOVATED DUPLEX OFFERING A TURNKEY INVESTMENT OPPORTUNITY IN DETROIT. EACH UNIT FEATURES 3 BEDROOMS AND 1 BATHROOM WITH BRIGHT, UPDATED LIVING SPACES, RENOVATED KITCHENS, NEW FLOORING, FRESHLY INSTALLED CARPET, AND FRESH PAINT THROUGHOUT. MAJOR CAPITAL IMPROVEMENTS HAVE ALREADY BEEN COMPLETED, INCLUDING UPDATED ELECTRICAL AND PLUMBING, ALONG WITH RECENTLY SERVICED FURNACES AND WATER HEATERS, PROVIDING LONG-TERM PEACE OF MIND FOR THE NEXT OWNER. BOTH UNITS ARE CURRENTLY LEASED WITH SECTION 8 TENANTS IN PLACE, GENERATING $2,677 PER MONTH, WITH TENANTS RESPONSIBLE FOR ALL UTILITIES EXCEPT WATER. CONVENIENTLY LOCATED NEAR SCHOOLS, NEIGHBORHOOD AMENITIES, AND FREEWAY ACCESS, THIS PROPERTY OFFERS STRONG, RELIABLE CASH FLOW FROM DAY ONE. NO SHOWINGS WITHOUT AN ACCEPTED FULL-PRICE OFFER. NO SELLER FINANCING AVAILABLE.
Source: SparkMLS
About this home
This 2-bath home built in 1924 sits in St Jean in Detroit.
Listed at $199,000.
Estimated annual property tax: $1,463, or about $122 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 TypeMulti Family
Bathrooms2
Lot Size0.07 acres
Year Built1924
Location
CityDetroit
Zip Code48213
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionVinyl Siding
HeatingForced Air
Sale & Financing
Listed5/28/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$2,280
Tax Year2025
State Equalized Value$22,800
Assessed Value$22,800
Parcel #21042227.
Source: Public Records
Legal Description
E FAIRVIEW 9 FASSOLDS GARDEN SUB L27 P54 PLATS, W C R 21/564 31 X 100.5
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Marta Kopania
Realtyflo Inc
Frequently Asked Questions about 5044 Fairview Street, Detroit, MI 48213
What school district is 5044 Fairview Street, Detroit, MI 48213 in?
Per MLS# 20261039447, this property is served by Detroit. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What financing options are available for 5044 Fairview Street, Detroit, MI 48213?
Per MLS# 20261039447, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20261039447, the most recent reported annual property tax for 5044 Fairview Street, Detroit, MI 48213 is $2,199. 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 5044 Fairview Street, Detroit, MI 48213 eligible for USDA financing?
Per USDA Rural Development boundary data, 5044 Fairview 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, 5044 Fairview 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. 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$1,463
Monthly$122
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$1,413
Principal & interest$1,291
Property taxes$122
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
5044 Fairview 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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