Sold
5260 Spokane Street, Detroit, MI 48204
Sold on 12/03/2025 for$12,250
MLS # 20251051565 (Realcomp)
2 beds1 bath1,438 sqftBuilt 19170.08 acres
1 / 4
Listing Description
Investor special! Two-story multifamily property located on Detroit’s west side, ready for full rehab or rebuild. This property offers strong upside potential with an ARV around $115,000 and rent potential of approximately $1,100 per unit once renovated.Features:2-family structure (upper/lower units)Great bones for a value-add investor or contractorSolid after-repair comps in the areaZoned for multifamily usePerfect opportunity for an experienced flipper or BRRRR investor looking to capitalize on Detroit’s strong rental demand.Close to: Livernois corridor, schools, and major expressways and Pattengill Park.Sold As-Is. Buyer to verify all information.
Source: SparkMLS
About this home
This 2-bedroom, 1-bath, 1,438 sq ft home built in 1917 sits in Tireman in Detroit.
Final sale price: $12,250 (about $9/sq ft).
Annual property taxes run approximately $122 ($10/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 2,000 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
Bedrooms2
Bathrooms1
Living Area1,438 sqft
Lot Size0.08 acres
Year Built1917
Stories2
Location
CityDetroit
Zip Code48204
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionWood Siding
BasementMichigan Basement
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed11/4/2025
Sold Date12/2/2025
Terms AcceptedCash, Land Contract
Source: SparkMLS
Tax Information
Annual Tax$121
Tax Year2025
State Equalized Value$1,900
Assessed Value$2,000
Parcel #16003124.
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 SPOKANE 66 BLK 7 JOSEPH TIREMANS SUB L28 P22 PLATS, W C R 16/178 30 X 120
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Kita Montgomery
EXP Realty Main
Frequently Asked Questions about 5260 Spokane Street, Detroit, MI 48204
What school district is 5260 Spokane Street, Detroit, MI 48204 in?
Per MLS# 20251051565, 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# 20251051565, 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# 20251051565, the most recent reported annual property tax for 5260 Spokane Street, Detroit, MI 48204 is $726. 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 5260 Spokane Street, Detroit, MI 48204 eligible for USDA financing?
Per USDA Rural Development boundary data, 5260 Spokane 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, 5260 Spokane 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 fiber internet available at 5260 Spokane Street, Detroit, MI 48204?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 5260 Spokane Street, Detroit, MI 48204. The maximum advertised download speed is 2.0 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. 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$122
Monthly$10
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$124
Principal & interest$114
Property taxes$10
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
Download
2 Gbps
Upload
250 Mbps
CableGSO SatelliteSatelliteLicensed Fixed WirelessDSL
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
5260 Spokane Street, Detroit, MI 48204
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Neighborhood
Tireman
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Community
Detroit
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County
Wayne County
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