For Sale
9327 Stout Street, Detroit, MI 48228
$65,000
MLS # 20261020916 (Realcomp)
3 beds1 bath958 sqftBuilt 19490.12 acres
1 / 28
Listing Description
Opportunity awaits in the heart of Franklin Park! This tenanted 3-bedroom bungalow with a full basement and spacious backyard is brimming with potential for investors looking for an income producing property. Conveniently located just 5 minutes from the Southfield Freeway and 4 minutes from Rouge Park, this property offers both accessibility and strong neighborhood demand. Tenant is paying $1,100 /month. Don’t miss your chance to add a valuable asset to your portfolio in one of Detroit’s most promising pockets — perfect for a buy-and-hold strategy!
Source: SparkMLS
About this home
Located in Cody in Detroit, this property offers 3-bedroom, 1-bath, 958 sq ft, with original construction dating to 1949.
Asking $65,000 (about $68/sq ft).
Property tax estimate: $1,406 per year ($117/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
Bathrooms1
Living Area958 sqft
Lot Size0.12 acres
Year Built1949
Stories2
Location
CityDetroit
Zip Code48228
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionAluminum Siding, Brick
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed3/30/2026
Original Price$75,000
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$1,060
Tax Year2025
State Equalized Value$21,900
Assessed Value$21,900
Parcel #22102008.
Source: Public Records
Legal Description
W STOUT S 32 FT 388 N 6 FT 389 AND E 9 FT OF VAC ALLEY ADJ ROUGE PARK BOULEVARD SUB NO 1 L60 P87 PLATS, W C R 22/634 38 X 134.02
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Guadalupe Salcido-Angulo
RE/MAX Leading Edge
Frequently Asked Questions about 9327 Stout Street, Detroit, MI 48228
Which school district serves 9327 Stout Street, Detroit, MI 48228?
Per MLS# 20261020916, 9327 Stout Street, 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 financing options are available for 9327 Stout Street, Detroit, MI 48228?
Per MLS# 20261020916, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 9327 Stout Street, Detroit, MI 48228?
Per public tax records, annual property taxes for this property are $3,455. 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, 9327 Stout Street, 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 9327 Stout Street, 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 9327 Stout Street, Detroit, MI 48228?
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$1,406
Monthly$117
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$539
Principal & interest$422
Property taxes$117
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
9327 Stout Street, Detroit, MI 48228
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Neighborhood
Cody
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Community
Detroit
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County
Wayne County
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