For Sale
638 Seward Street, Detroit, MI 48202
$475,000
MLS # 20261021112 (Realcomp)
Built 19090.2 acres
1 / 42
Listing Description
Welcome to New Center! Great opportunity to pick up a 4-unit where Henry Ford, the Detroit Pistons and Michigan State University have announced a multi BILLION dollar development plan. Currently two units are occupied and two are vacant. The property has a large back parking lot as well. All units have separate gas and electric meters. Tons of rent potential in this area with the prospect of appreciation to match.
Source: SparkMLS
About this home
This 5-bath home built in 1909 sits in Middle Woodward in Detroit.
Listed at $475,000.
Estimated annual property tax: $14,929, or about $1,244 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
Bathrooms5
Lot Size0.2 acres
Year Built1909
Location
CityDetroit
Zip Code48202
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
HeatingForced Air
WaterPublic
Sale & Financing
Listed3/31/2026
Original Price$490,000
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$11,543
Tax Year2025
State Equalized Value$232,600
Assessed Value$232,600
Parcel #04001863.
Source: Public Records
Legal Description
N SEWARD 3 BLK 5 BECKS SUB L4 P59 PLATS, W C R 4/78 50 X 175.22
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLHistoric District: New Center Area Historic District
Exterior changes may require Historic District Commission (HDC) approval
Source: Detroit Historic District CommissionUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Joseph Hammel
Keller Williams Somerset
Frequently Asked Questions about 638 Seward Street, Detroit, MI 48202
What school district is 638 Seward Street, Detroit, MI 48202 in?
Per MLS# 20261021112, 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# 20261021112, 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# 20261021112, the most recent reported annual property tax for 638 Seward Street, Detroit, MI 48202 is $14,665. 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 638 Seward Street, Detroit, MI 48202 eligible for USDA financing?
Per USDA Rural Development boundary data, 638 Seward 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, 638 Seward 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 this property in a historic district?
Per local historic district records, 638 Seward Street, Detroit, MI 48202 is located within the New Center Area Historic District. Properties in locally-designated historic districts may require Historic District Commission (HDC) approval for exterior modifications. Contact the local HDC for current guidelines.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. 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.
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Tax Estimate
$
Annual tax$14,929
Monthly$1,244
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$4,325
Principal & interest$3,081
Property taxes$1,244
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
638 Seward 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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