Pending
5764 Woodward Avenue, Detroit, MI 48202
$1,250,000
MLS # 20261017643 (Realcomp)
Built 19050.15 acres
1 / 7
Listing Description
O’Connor Real Estate is pleased to present 5764 Woodward Ave, a fully renovated six- unit apartment building in Detroit’s Cultural District of Midtown. Each unit offers three bedrooms and two bathrooms. The property underwent a comprehensive renovation in 2020, including interior upgrades, mechanical system improvements, and facade restoration. Additional value-add opportunities include completing the one-bedroom garden-level unit and securing a market-rate lease for the billboard. A 15-year NEZ tax abatement took effect in December 2021.
Source: SparkMLS
About this home
12-bath home in Lower Woodward in Detroit built in 1905.
Listed at $1,250,000.
Annual property taxes run approximately $26,187 ($2,182/month). 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
Bathrooms12
Lot Size0.15 acres
Year Built1905
Location
CityDetroit
Zip Code48202
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
HeatingForced Air
WaterPublic
Sale & Financing
Listed3/17/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$14,050
Tax Year2025
State Equalized Value$408,000
Assessed Value$408,000
Parcel #23002020.043
Source: Public Records
Legal Description
E WOODWARD N 60.48 FT OF S 181.48 FT OF W 113.74 FT OF PARK LOT 43 PLAT OF PARK LOTS L34 P542 DEEDS, W C R 1/215 60.48 X 113.74
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Vincent Mazzola
O'Connor Realty Detroit, LLC
Frequently Asked Questions about 5764 Woodward Avenue, Detroit, MI 48202
Which school district serves 5764 Woodward Avenue, Detroit, MI 48202?
Per MLS# 20261017643, 5764 Woodward Avenue, Detroit, MI 48202 is in the Detroit boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Detroit directly to confirm enrollment eligibility.
What type of financing is accepted for this listing?
Per MLS# 20261017643, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 5764 Woodward Avenue, Detroit, MI 48202?
Per public tax records, annual property taxes for this property are $18,399. 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.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 5764 Woodward Avenue, 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.
Is 5764 Woodward Avenue, Detroit, MI 48202 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. 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.
What utilities serve 5764 Woodward Avenue, Detroit, MI 48202?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Wayne County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
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Tax Estimate
$
Annual tax$26,187
Monthly$2,182
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$10,290
Principal & interest$8,107
Property taxes$2,182
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
5764 Woodward Avenue, Detroit, MI 48202
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Neighborhood
Lower Woodward
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Community
Detroit
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County
Wayne County
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