For Sale
7409 2nd Avenue, 32, Detroit, MI 48202
$150,000
MLS # 20261052443 (Realcomp)
1 bed1 bath758 sqftBuilt 1916
1 / 37
Listing Description
Historic Corner Condo Steps from the Fisher Building in Detroit's New CenterWelcome to the top floor of the historic Fisher Kahn building, where timeless character meets thoughtful updates. Located just steps from the iconic Fisher Building, this corner unit offers abundant natural light, original architectural details, and a location that's hard to beat.Inside, you'll find original hardwood floors, trim and molding, high ceilings, and oversized windows on three exposures that fill the home with north, south, and east facing sunlight throughout the day.The open living area flows into the kitchen, creating a functional layout that's ideal for everyday living or entertaining. Step onto your private covered balcony and enjoy views of the downtown skyline and tree lined streets.Major updates have already been taken care of, including a new furnace and central air system installed in November 2025. The in unit washer and dryer are just 18 months old, offering peace of mind for the home's major mechanicals. The kitchen includes an electric range, microwave, and refrigerator.The Fisher Kahn HOA covers water, trash, landscaping, and snow removal, and includes one assigned parking space. Please note that the building does not allow lease terms shorter than one year, making this an excellent opportunity for an owner occupant or an investor seeking long term rental income.
Source: SparkMLS
About this home
This 1-bedroom, 1-bath, 758 sq ft home built in 1916 sits in Middle Woodward in Detroit.
Listed at $150,000 (about $198/sq ft).
Estimated annual property tax: $6,078, or about $507 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 TypeResidential
Property SubtypeCondominium
Bedrooms1
Bathrooms1
Living Area758 sqft
Year Built1916
Stories1
Location
CityDetroit
Zip Code48202
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
BasementSlab
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed7/13/2026
Terms AcceptedCash, Conventional, FHA, VA Loan
HOA
HOA Fee$245 / Monthly
Source: SparkMLS
Tax Information
Annual Tax$6,711
Tax Year2025
State Equalized Value$94,700
Assessed Value$94,700
Parcel #04001592.032
Source: Public Records
Legal Description
UNIT 32 --- FISHER KAHN CONDO PLAN 1045, ACCORDING TO THE MASTER DEED THEREOF AS RECORDED IN LIBER 52637 PAGE 611, W C R SPLIT/COMBINED ON 02/13/2018 FROM 04001592., 04001593.;
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: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Robert Neely
Keller Williams Legacy
Frequently Asked Questions about 7409 2nd Avenue, 32, Detroit, MI 48202
What school district is 7409 2nd Avenue, 32, Detroit, MI 48202 in?
Per MLS# 20261052443, 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# 20261052443, 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# 20261052443, the most recent reported annual property tax for 7409 2nd Avenue, 32, Detroit, MI 48202 is $5,744. 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 7409 2nd Avenue, 32, Detroit, MI 48202 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 7409 2nd Avenue, 32, 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, 7409 2nd Avenue, 32, 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. 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$6,078
Monthly$507
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$1,724
Principal & interest$973
Property taxes$507
HOA$245
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
7409 2nd Avenue, 32, 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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