For Sale
8438 Dexter Avenue, Detroit, MI 48206
$270,000
MLS # 20261044958 (Realcomp)
Built 19140.11 acres
1 / 44
Listing Description
Fully renovated brick duplex in Detroit's historic Dexter area, offering an excellent investment opportunity with immediate income potential. This two-unit property features spacious 3-bedroom, 1-bath units, updated in 2025 with modern improvements while maintaining its classic character. Both units are tenant occupied, generating approximately $2,500 per month in rental income. Property includes separate living spaces, full basement, central air, forced-air heating, enclosed porch, balcony, garage parking, and public utilities. Conveniently located near major freeways, shopping, dining, schools, and downtown Detroit. Ideal for investors seeking a turnkey income-producing property or owner-occupants looking to offset housing costs with rental income. Buyer and buyer's agent to verify all information.
Source: SparkMLS
About this home
2-bath home in Rosa Parks in Detroit built in 1914.
Asking $270,000.
Property tax estimate: $404 per year ($34/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 TypeMulti Family
Bathrooms2
Lot Size0.11 acres
Year Built1914
Location
CityDetroit
Zip Code48206
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
HeatingForced Air
WaterPublic
Sale & Financing
Listed6/14/2026
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$630
Tax Year2025
State Equalized Value$6,300
Assessed Value$6,300
Parcel #12010409.
Source: Public Records
Legal Description
E DEXTER BLVD 37 STORMFELTZ-LOVELY CO SUB L29 P99 PLATS, W C R 12/170 39 X 120
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Osavbie Usenvbuwa
Century 21 Curran & Oberski
Frequently Asked Questions about 8438 Dexter Avenue, Detroit, MI 48206
What school district is 8438 Dexter Avenue, Detroit, MI 48206 in?
Per MLS# 20261044958, this property is served by Detroit. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What type of financing is accepted for this listing?
Per MLS# 20261044958, 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# 20261044958, the most recent reported annual property tax for 8438 Dexter Avenue, Detroit, MI 48206 is $886. 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 8438 Dexter Avenue, Detroit, MI 48206 eligible for USDA financing?
Per USDA Rural Development boundary data, 8438 Dexter Avenue, 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.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 8438 Dexter Avenue, Detroit, MI 48206 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.
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Tax Estimate
$
Annual tax$404
Monthly$34
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$1,785
Principal & interest$1,751
Property taxes$34
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
8438 Dexter Avenue, 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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