For Sale
7161 Varjo Street, Hamtramck, MI 48212
$82,500
MLS # 20261040993 (Realcomp)
3 beds1 bath924 sqftBuilt 19710.08 acres
1 / 21
Listing Description
Move-In Ready & Investor Friendly! Recently renovated throughout with fresh paint, new carpeting, updated vinyl flooring, a brand-new furnace, and new hot water tank. This turnkey property offers a clean, modern feel with major updates already completed. With potential rental income of approximately $1,200 per month, investors may appreciate the strong cash-flow opportunity and an estimated gross rental yield of approximately 17.5% based on the asking price of $82,500. Ideal for investors or owner-occupants seeking a move-in-ready home. BATVAI.
Source: SparkMLS
About this home
This 3-bedroom, 1-bath, 924 sq ft home built in 1971 sits in Grant in Hamtramck.
Listed at $82,500 (about $89/sq ft).
Annual property taxes run approximately $789 ($66/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 SubtypeSingle Family Residence
Bedrooms3
Bathrooms1
Living Area924 sqft
Lot Size0.08 acres
Year Built1971
Stories1
Location
CityHamtramck
Zip Code48212
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick, Vinyl Siding
BasementCrawl Space
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed6/2/2026
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$688
Tax Year2025
State Equalized Value$12,300
Assessed Value$12,300
Parcel #15004249.
Source: Public Records
Legal Description
N VARJO 65 PERRIENS N DETROIT SUB L46 P16 PLATS, W C R 15/231 34 X 106.10
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Nabil M Syed
Amin Realty
Frequently Asked Questions about 7161 Varjo Street, Hamtramck, MI 48212
What school district is 7161 Varjo Street, Hamtramck, MI 48212 in?
Per MLS# 20261040993, 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 7161 Varjo Street, Hamtramck, MI 48212?
Per MLS# 20261040993, the seller has indicated this property accepts the following financing types: Cash, Conventional, FHA, VA Loan. 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# 20261040993, the most recent reported annual property tax for 7161 Varjo Street, Hamtramck, MI 48212 is $1,702. 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 7161 Varjo Street, Hamtramck, MI 48212 eligible for USDA financing?
Per USDA Rural Development boundary data, 7161 Varjo Street, Hamtramck, MI 48212 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, 7161 Varjo Street, Hamtramck, MI 48212 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$789
Monthly$66
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$601
Principal & interest$535
Property taxes$66
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
7161 Varjo Street, Hamtramck, MI 48212
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Neighborhood
Grant
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Community
Detroit
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County
Wayne County
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