For Sale
7387 Wheeler Street, Detroit, MI 48210
$150,000
MLS # 20261022737 (Realcomp)
Built 19210.06 acres
1 / 1
Listing Description
Prime mixed-use opportunity located at 7387 Wheeler St in Detroit’s growing Southwest/Claytown corridor! This versatile property features a street-level retail/commercial space with excellent visibility and foot traffic potential, paired with a separate upper residential unit perfect for owner-occupants or investors seeking dual income streams.Positioned in a strong rental and value-add market, this area continues to see steady demand with nearby home values and sales activity supporting long-term growth and redevelopment potential.Located just minutes from major corridors, local schools, and neighborhood amenities, this property benefits from proximity to established residential communities and ongoing revitalization throughout Southwest Detroit. Whether you're looking to start a business, expand your portfolio, or live above your storefront, this is a unique opportunity with flexible use and income potential.Bring your vision to life!
Source: SparkMLS
About this home
Currently offered at $150,000.
Estimated annual property tax: $1,874, or about $156 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 TypeCommercial Sale
Bathrooms0
Lot Size0.06 acres
Year Built1921
Location
CityDetroit
Zip Code48210
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionAluminum Siding, Wood Siding
BasementBasement
WaterPublic
Sale & Financing
Listed4/6/2026
Source: SparkMLS
Tax Information
Annual Tax$1,796
Tax Year2025
State Equalized Value$22,800
Assessed Value$22,800
Parcel #18003967.
Source: Public Records
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Jennifer Aparicio-Zavalza
EXP Realty Main
Frequently Asked Questions about 7387 Wheeler Street, Detroit, MI 48210
What school district is 7387 Wheeler Street, Detroit, MI 48210 in?
Per MLS# 20261022737, this property is served by Detroit. In Michigan, school district boundaries are set by the state and do not always follow city limits.
How much are property taxes for this home?
Per MLS# 20261022737, the most recent reported annual property tax for 7387 Wheeler Street, Detroit, MI 48210 is $3,491. 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 7387 Wheeler Street, Detroit, MI 48210 eligible for USDA financing?
Per USDA Rural Development boundary data, 7387 Wheeler Street, Detroit, MI 48210 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, 7387 Wheeler Street, Detroit, MI 48210 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. 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
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Annual tax$1,874
Monthly$156
Millage rate82.1844 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$1,129
Principal & interest$973
Property taxes$156
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
7387 Wheeler Street, Detroit, MI 48210
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Neighborhood
Chadsey
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Community
Detroit
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County
Wayne County
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