For Sale
562 E Euclid Street, Detroit, MI 48202
$27,500
MLS # 20261022407 (Realcomp)
0.08 acres
1 / 3
Listing Description
Vacant lot available in Detroit’s growing North End neighborhood. Measuring approximately 30 x 120 with 3,615 SF (0.08 acres), this parcel offers a great opportunity for developers, investors, or builders looking to be part of the area’s continued growth. Conveniently located near new development, major corridors, and Downtown Detroit. The adjacent lot at 568 Euclid is also available, creating the potential for a larger assemblage or expanded development opportunity.
Source: SparkMLS
About this home
Asking $27,500.
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
Listed4/5/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$30
Tax Year2025
State Equalized Value$300
Assessed Value$300
Parcel #03002181.
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 12/30/2024. S--E EUCLID 62 LOWES L8 P26 PLATS, W C R 3/97 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 Alan Davidov
TAP CRE
Frequently Asked Questions about 562 E Euclid Street, Detroit, MI 48202
What school district is 562 E Euclid Street, Detroit, MI 48202 in?
Per MLS# 20261022407, 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 562 E Euclid Street, Detroit, MI 48202?
Per MLS# 20261022407, 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# 20261022407, the most recent reported annual property tax for 562 E Euclid Street, Detroit, MI 48202 is $28. 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 562 E Euclid Street, Detroit, MI 48202 eligible for USDA financing?
Per USDA Rural Development boundary data, 562 E Euclid 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, 562 E Euclid 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.
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
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%
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Monthly payment$180
Principal & interest$178
Property taxes$2
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
562 E Euclid Street, Detroit, MI 48202
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Neighborhood
Middle Woodward
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Community
Detroit
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County
Wayne County
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