Sold
7406 EDWARD Street, Detroit, MI 48210
Sold on 06/13/2025 for$133,500
MLS # 20250017275 (Realcomp)
Built 19200.07 acres
1 / 44
Listing Description
Adorable duplex on the western border of Detroit's Michigan-Martin neighborhood with tons of potential!! Close to both downtown Detroit & Dearborn, this vinyl sided multifamily has a 2 car garage and has been owned & well maintained by the same owner for over a decade. The upper unit is currently rented below market value and the lower unit is currently vacant. All utilities are metered separately except of water is paid by the owner. Recently poured concrete patio/seating area in the backyard, new carpet flooring throughout the lower unit, laundry available in the basement. The lower unit is a 3 bedroom, 1 full bath unit with a bonus room overlooking the front yard that could function as a home office or 4th bedroom. The upper unit is a spacious 2 bedroom floor plan with a large eat-in kitchen and living area. Based on the current market, rent for the upper unit could be up to $800/month while the lower unit could command up to $900/month.
Source: SparkMLS
About this home
Located in Chadsey in Detroit, this property offers 2-bath, with original construction dating to 1920.
Final sale price: $133,500.
Annual property taxes run approximately $2,587 ($216/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Broadband is available with download speeds up to 2,000 Mbps from 8 providers. Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeMulti Family
Bathrooms2
Lot Size0.07 acres
Year Built1920
Location
CityDetroit
Zip Code48210
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionVinyl Siding
HeatingForced Air
WaterPublic
Sale & Financing
Listed3/14/2025
Sold Date6/12/2025
Original Price$139,900
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$1,330
Tax Year2025
State Equalized Value$40,300
Assessed Value$40,300
Parcel #18001839.
Source: Public Records
Legal Description
N EDWARD 163 FICK & HARVEYS SUB L15 P13 PLATS, W C R 18/216 30 X 100
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Lindsay L Gorman
Nika & Co
Frequently Asked Questions about 7406 EDWARD Street, Detroit, MI 48210
What school district is 7406 EDWARD Street, Detroit, MI 48210 in?
Per MLS# 20250017275, 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# 20250017275, 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# 20250017275, the most recent reported annual property tax for 7406 EDWARD Street, Detroit, MI 48210 is $1,371. 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 7406 EDWARD Street, Detroit, MI 48210 eligible for USDA financing?
Per USDA Rural Development boundary data, 7406 EDWARD 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, 7406 EDWARD 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.
Is fiber internet available at 7406 EDWARD Street, Detroit, MI 48210?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 7406 EDWARD Street, Detroit, MI 48210. The maximum advertised download speed is 2.0 Gbps. 8 internet providers serve this address. Confirm availability and speeds directly with providers.
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
$
Annual tax$2,587
Monthly$216
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$1,052
Principal & interest$837
Property taxes$216
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
Download
2 Gbps
Upload
250 Mbps
CableLicensed Fixed WirelessGSO SatelliteSatelliteDSL
8 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
7406 EDWARD 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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