For Sale
6533 E Jefferson Avenue LL06, Detroit, MI 48207
$104,999
MLS # 26021548 (Michigan Regional Information Center (MichRIC))
0 beds1 bath665 sqftBuilt 1906
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Listing Description
Experience true industrial loft living at The Lofts at Rivertown, directly across from Belle Isle and just minutes from Downtown Detroit and the Riverfront. This lower-level 1-bedroom loft features exposed red brick walls, soaring timber ceilings, polished concrete floors, and an open-concept layout full of historic character. Kitchen includes refrigerator, stove, dishwasher, and disposal. Full-size in-unit washer and dryer included. Efficient forced air/heat pump system. Enjoy resort-style amenities including 24-hour gated security, gated parking with attendant, fitness center, elevator access, outdoor pool, hot tub, and on-site management. HOA dues are $580/month. Current special assessment of $275/month with unknown end date. Tenant occupied through November 30, 2026, currently renting for $1,175/month. Showings by appointment only during limited approved times. Great opportunity
Source: SparkMLS
About this home
1-bath, 665 sq ft home in Butzel in Detroit built in 1906.
Asking $104,999 (about $158/sq ft).
Annual property taxes run approximately $3,312 ($276/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 TypeResidential
Property SubtypeCondominium
Bedrooms0
Bathrooms1
Living Area665 sqft
Year Built1906
Stories8
Location
CityDetroit
MunicipalityDetroit City
Zip Code48207
CountyWayne
School DistrictDetroit
Construction & Systems
StyleOther
ConstructionBrick
BasementPartial
HeatingHeat Pump
WaterPublic
SewerPublic
Sale & Financing
Listed5/11/2026
Original Price$110,000
Terms AcceptedCash, FHA
HOA
HOA Fee$580 / Monthly
IncludesWater, Snow Removal, Heat
Source: SparkMLS
Tax Information
Annual Tax$493
Tax Year2025
State Equalized Value$51,600
Assessed Value$51,600
Parcel #23002003.253
Source: Public Records
Legal Description
W JEFFERSON E UNIT 8; WAYNE COUNTY CONDOMINIUM PLAN NO. 673 ''LOFTS AT RIVERTOWN' L36749 P1-118 DEEDS, W C R 15/289 0.370% NEZ#2003-253, PARCEL #23002003.253
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Victoria Guznack
House of Realty LLC
Frequently Asked Questions about 6533 E Jefferson Avenue LL06, Detroit, MI 48207
What school district is 6533 E Jefferson Avenue LL06, Detroit, MI 48207 in?
Per MLS# 26021548, 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 6533 E Jefferson Avenue LL06, Detroit, MI 48207?
Per MLS# 26021548, the seller has indicated this property accepts the following financing types: Cash, FHA. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 26021548, the most recent reported annual property tax for 6533 E Jefferson Avenue LL06, Detroit, MI 48207 is $2,729 (2729). 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 6533 E Jefferson Avenue LL06, Detroit, MI 48207 eligible for USDA financing?
Per USDA Rural Development boundary data, 6533 E Jefferson Avenue LL06, Detroit, MI 48207 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, 6533 E Jefferson Avenue LL06, Detroit, MI 48207 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. 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$3,312
Monthly$276
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$1,537
Principal & interest$681
Property taxes$276
HOA$580
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
6533 E Jefferson Avenue LL06, Detroit, MI 48207
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Neighborhood
Butzel
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Community
Detroit
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County
Wayne County
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