For Sale
7465 14th Street, Detroit, MI 48206
$40,000
MLS # 20261024461 (Realcomp)
3 beds2 baths1,726 sqftBuilt 19160.09 acres
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Listing Description
Welcome to the latest offering from the Detroit land bank authority. Three bedroom wood frame colonial located near the historic Lasalle Gardens community. Home needs a total rehab, but could prove to be a great asset for a savvy investor. Please note that the Detroit Land bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and/or lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing. Please refer to DLBA proposal guidelines
Source: SparkMLS
About this home
This 3-bedroom, 2-bath, 1,726 sq ft home built in 1916 sits in Rosa Parks in Detroit.
Asking $40,000 (about $23/sq ft).
Annual property taxes run approximately $892 ($74/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
Bathrooms2
Living Area1,726 sqft
Lot Size0.09 acres
Year Built1916
Stories2
Location
CityDetroit
Zip Code48206
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionWood Siding
Garage2 spaces
HeatingRadiant
WaterPublic
SewerPublic
Sale & Financing
Listed4/13/2026
Terms AcceptedCash
Source: SparkMLS
Tax Information
Annual Tax$626
Tax Year2025
State Equalized Value$13,900
Assessed Value$13,900
Parcel #10001181.002L
Source: Public Records
Legal Description
PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2022. S LAMOTHE S 90 FT 333 EXCEPT W 5 FT LASALLE GARDENS SUB L25 P100 PLATS, W C R 10/66 43.31 IRREG
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Gene Kelley
Real Estate One-Southfield
Frequently Asked Questions about 7465 14th Street, Detroit, MI 48206
Which school district serves 7465 14th Street, Detroit, MI 48206?
Per MLS# 20261024461, 7465 14th Street, Detroit, MI 48206 is in the Detroit boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Detroit directly to confirm enrollment eligibility.
What type of financing is accepted for this listing?
Per MLS# 20261024461, this listing accepts Cash financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 7465 14th Street, Detroit, MI 48206?
Per public tax records, annual property taxes for this property are $736. 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.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 7465 14th Street, Detroit, MI 48206 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.
Is 7465 14th Street, Detroit, MI 48206 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. 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.
What utilities serve 7465 14th Street, Detroit, MI 48206?
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.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Wayne County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
Map
Tax Estimate
$
Annual tax$892
Monthly$74
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$334
Principal & interest$259
Property taxes$74
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
7465 14th Street, Detroit, MI 48206
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Neighborhood
Rosa Parks
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Community
Detroit
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County
Wayne County
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