For Sale
8900 E Jefferson Avenue, 323, Detroit, MI 48214
$50,000
MLS # 20261051130 (Realcomp)
1 bed1 bath625 sqftBuilt 1955
1 / 6
Listing Description
Enjoy affordable waterfront living in this inviting 1-bedroom, 1-bath co-op at River House, perfectly situated along the Detroit River just minutes from Downtown Detroit and Belle Isle. Wake up to beautiful river views and relax as boats pass by from the comfort of your own home. The functional floor plan offers a bright living area, spacious bedroom, and an efficient kitchen
Source: SparkMLS
About this home
This 1-bedroom, 1-bath, 625 sq ft home built in 1955 sits in Indian Village in Detroit.
Listed at $50,000 (about $80/sq ft).
Annual property taxes run approximately $1,082,386 ($90,199/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 SubtypeCondominium
Bedrooms1
Bathrooms1
Living Area625 sqft
Year Built1955
Stories1
Location
CityDetroit
Zip Code48214
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
BasementSlab
HeatingBaseboard
WaterPublic
SewerPublic
Sale & Financing
Listed7/5/2026
Terms AcceptedCash, Conventional
HOA
HOA Fee$726 / Monthly
Source: SparkMLS
Tax Information
Annual Tax$421,381
Tax Year2025
State Equalized Value$16,863,700
Assessed Value$16,863,700
Homestead (PRE)80%
Parcel #19000016.002L
Source: Public Records
Legal Description
S E JEFFERSON THAT PT OF LOTS 7 THRU 4 DESC AS BEG AT A PTE DIST N 43D 27M 26S E 41.10 FT TH S 28D 08M 19S E 685.96 FT FROM NW COR SD LOT 4 TH N 61D 51M 41S E 309.80 FT TH S 28D 15M 20S E 615.25 FT TH S 61D 50M 50S W 93.37 FT TH S 28D 08M 19S E 100 F T TH S 61D 50M 50S W 217.69 FT TH N 28D 08M 19S W 715.33 FT TO P O B ALBERT CRANES PLAT L2 P28 PLATS, W C R 19/5 212,769 SQ FT
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Irvin S Gilliam
Keller Williams Advantage
Frequently Asked Questions about 8900 E Jefferson Avenue, 323, Detroit, MI 48214
What school district is 8900 E Jefferson Avenue, 323, Detroit, MI 48214 in?
Per MLS# 20261051130, 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# 20261051130, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
Is 8900 E Jefferson Avenue, 323, Detroit, MI 48214 eligible for USDA financing?
Per USDA Rural Development boundary data, 8900 E Jefferson Avenue, 323, Detroit, MI 48214 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, 8900 E Jefferson Avenue, 323, Detroit, MI 48214 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. 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.
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Tax Estimate
$
Annual tax$1,082,386
Monthly$90,199
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$91,249
Principal & interest$324
Property taxes$90,199
HOA$726
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
8900 E Jefferson Avenue, 323, Detroit, MI 48214
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Neighborhood
Indian Village
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Community
Detroit
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County
Wayne County
View county overview →
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