About this home

Welcome home to modern urban living in this one bedroom, one bath exposed brick open floor plan downtown oasis across from The Detroit River, Belle Isle, golf course, Eastern Market, beach, the Riverwalk, facing Canada. This property has high ceilings, a primary en suite with a walk-in closet, shelving system in unit washer and dryer building has a sauna, fitness room, in-ground pool and hot tub for your leisure. One secure assigned parking space covered. Extremely secure entry to building lease with the option to buy. Option to buy price is $175,000. BATVAI

The facts

Property taxes: the seller's bill vs. yours

Michigan caps a homeowner's taxable value until the home sells, then it resets. The assessor's state equalized value (SEV) is $57,400. Your taxable value resets to the SEV the year after you buy, and assessors usually raise it to about half the sale price. Estimate uses Detroit's 2025 homestead rate of 64.18 mills and assumes you claim the homestead exemption. See Detroit's full tax breakdown or run the uncapping calculator.

City of Detroit records for this parcel

• NEZ Homestead district: Stearns Building (H091). Owner-occupants who buy here can apply to the City Assessor for a Neighborhood Enterprise Zone certificate, which typically cuts the summer tax bill by 15–20% for up to 15 years. Applications are due October 1 for the following year. The tax estimate above doesn't include it. How NEZ works.

From the City of Detroit's current parcel file, parcel W15I000037S044.

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IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listings refreshed 2026-10-25T23:19+00:00; refreshed at least twice daily.