Sold
9939 Prest Street, Detroit, MI 48227
Sold on 07/13/2026 for$69,000
MLS # 20261041964 (Realcomp)
2 beds1 bath956 sqftBuilt 19490.09 acres
1 / 14
Listing Description
Excellent turnkey investment opportunity on Detroit’s west side! This solid brick 2-bedroom, 1-bath ranch at 9939 Prest offers dependable cash flow with Section 8 tenants currently rented at $1,116/month. Rent is 100% paid by the agency. The lease is brand new so the tenant is secured for another full year. Property has been well maintained and features a functional layout, spacious living area, and full basement offering added storage or future value-add potential. Situated on a quiet residential block with strong rental demand, this home is ideal for both new and seasoned investors looking to expand their portfolio with stable, guaranteed income. Add this reliable performer to your investment strategy today!
Source: SparkMLS
About this home
Located in Brooks in Detroit, this property offers 2-bedroom, 1-bath, 956 sq ft, with original construction dating to 1949.
This home sold for $69,000 (about $72/sq ft).
Annual property taxes run approximately $1,117 ($93/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
Bedrooms2
Bathrooms1
Living Area956 sqft
Lot Size0.09 acres
Year Built1949
Stories1
Location
CityDetroit
Zip Code48227
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
HeatingForced Air
Sale & Financing
Listed6/5/2026
Sold Date7/12/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$1,477
Tax Year2025
State Equalized Value$17,400
Assessed Value$17,400
Parcel #22049319.
Source: Public Records
Legal Description
W PREST S 19 FT 90 N 20 FT 89 NICHOLSON PARK SUB L52 P53 PLATS, W C R 22/563 39 X 105.28
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by David Rabior
Clyde Realty LLC
Frequently Asked Questions about 9939 Prest Street, Detroit, MI 48227
Which school district serves 9939 Prest Street, Detroit, MI 48227?
Per MLS# 20261041964, 9939 Prest Street, Detroit, MI 48227 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# 20261041964, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 9939 Prest Street, Detroit, MI 48227?
Per public tax records, annual property taxes for this property are $1,515. 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, 9939 Prest Street, Detroit, MI 48227 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 9939 Prest Street, Detroit, MI 48227 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 9939 Prest Street, Detroit, MI 48227?
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$1,117
Monthly$93
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$541
Principal & interest$448
Property taxes$93
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
9939 Prest Street, Detroit, MI 48227
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Neighborhood
Brooks
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Community
Detroit
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County
Wayne County
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