For Sale
553 ALGER Street, Detroit, MI 48202
$17,500
MLS # 20240087468 (Realcomp)
0.08 acres
1 / 6
Listing Description
Located in the vibrant North End of Detroit, these two side-by-side lots at 553 and 545 Alger St. are being sold together as a package. This prime location offers a fantastic opportunity for development or investment in one of Detroit’s most dynamic neighborhoods. With easy access to Downtown, major roadways, and local amenities, these parcels are perfect for builders, investors, or those looking to create something special.
Source: SparkMLS
About this home
Asking $17,500.
Broadband is available with download speeds up to 1,200 Mbps from 8 providers. Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeLand
Bathrooms0
Lot Size0.08 acres
Location
CityDetroit
Zip Code48202
CountyWayne
School DistrictDetroit
Sale & Financing
Listed11/19/2024
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$30
Tax Year2025
State Equalized Value$300
Assessed Value$300
Parcel #03002329.
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 12/30/2022. N ALGER 48 HOWLANDS L15 P54 PLATS, W C R 3/103 30 X 113
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Shalom Dubov
O'Connor Realty Detroit, LLC
Frequently Asked Questions about 553 ALGER Street, Detroit, MI 48202
What school district is 553 ALGER Street, Detroit, MI 48202 in?
Per MLS# 20240087468, 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# 20240087468, 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# 20240087468, the most recent reported annual property tax for 553 ALGER Street, Detroit, MI 48202 is $26. 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 553 ALGER Street, Detroit, MI 48202 eligible for USDA financing?
Per USDA Rural Development boundary data, 553 ALGER Street, Detroit, MI 48202 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, 553 ALGER Street, Detroit, MI 48202 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 553 ALGER Street, Detroit, MI 48202?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 553 ALGER Street, Detroit, MI 48202. The maximum advertised download speed is 1.2 Gbps. 8 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$19
Monthly$2
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
$
%
$
$
$
Monthly payment$115
Principal & interest$114
Property taxes$2
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
8 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
553 ALGER Street, Detroit, MI 48202
View full property history →
Neighborhood
Middle Woodward
View all listings →
Community
Detroit
Explore neighborhoods →
County
Wayne County
View county overview →
Get email alerts for new listings near 553 ALGER Street
We'll notify you when something hits the market in Middle Woodward or nearby.
Munro Real Estate · MI Broker #6502405404 · No spam, one-click unsubscribe.