For Sale
7540 Asbury Park, Detroit, MI 48228
$19,999
MLS # 20261026770 (Realcomp)
0.1 acres
1 / 13
Listing Description
Great opportunity to own a vacant lot at 7540 Asbury Park in Detroit’s 48228 area. This residential parcel offers a blank canvas for your next build or investment project. Conveniently located near schools, parks, shopping, dining, and major roadways, the property provides easy access to everything the city has to offer while being situated in an established neighborhood. Whether you’re a builder, investor, or looking to design your future home, this lot presents strong potential in a growing area. Don’t miss the chance to bring your vision to life!
Source: SparkMLS
About this home
Currently offered at $19,999.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeLand
Bathrooms0
Lot Size0.1 acres
Location
CityDetroit
Zip Code48228
CountyWayne
School DistrictDetroit
Sale & Financing
Listed4/19/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$30
Tax Year2025
State Equalized Value$300
Assessed Value$300
Parcel #22061013.
Source: Public Records
Legal Description
E ASBURY PARK 32 & W 8 FT VAC ALLEY ADJ MORIN PARK SUB NO 1 L41 P94 PLATS, W C R 22/247 40 X 109.93A
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Michael M Phillips
Keller Williams Legacy
Frequently Asked Questions about 7540 Asbury Park, Detroit, MI 48228
Which school district serves 7540 Asbury Park, Detroit, MI 48228?
Per MLS# 20261026770, 7540 Asbury Park, Detroit, MI 48228 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# 20261026770, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 7540 Asbury Park, Detroit, MI 48228?
Per public tax records, annual property taxes for this property are $51. 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, 7540 Asbury Park, Detroit, MI 48228 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 7540 Asbury Park, Detroit, MI 48228 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 7540 Asbury Park, Detroit, MI 48228?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. 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$19
Monthly$2
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$131
Principal & interest$130
Property taxes$2
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
7540 Asbury Park, Detroit, MI 48228
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Neighborhood
Brooks
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Community
Detroit
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County
Wayne County
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