247 Horton Street, Detroit, MI 48202
Est. $1,955/mo with property taxes uncapped · See the breakdown
About this home
An incredible investment and renovation opportunity in Detroit's highly sought-after North End neighborhood! Located at 247 Horton Street, just a block from Woodward Avenue and Grand Boulevard, this historic brick home offers over 2,100 square feet of potential in an area experiencing exciting revitalization, new construction, and continued investment. With much of the interior already opened up and ready for transformation, this property provides a blank canvas to create a stunning single-family residence or explore the possibility of a multifamily conversion, subject to city approval. Potential 4-bedroom, 4-bathroom layout. Final bedroom and bathroom counts depend on the finished layout. Several significant improvements have already been made, including a new water main, updated bathroom subfloor, new electrical panel, buried DTE power lines, new windows, a newer roof, and updated basement stairs. The home's timeless brick exterior, distinctive architectural details, and spacious layout provide an excellent foundation for a remarkable restoration. The location is hard to beat! Just minutes from the Fisher Building, Fisher Theatre, Henry Ford Health, Motown Museum, Wayne State University, College for Creative Studies, Detroit Institute of Arts, and the vibrant dining and entertainment scenes of Midtown, New Center, and Milwaukee Junction. Enjoy convenient access to the QLINE, Little Caesars Arena, Comerica Park, Ford Field, and everything Downtown Detroit has to offer. Surrounded by ongoing development and neighborhood reinvestment, this property presents exceptional upside potential, with an estimated after-renovation market value of up to $400,000, depending on improvements and market conditions. Whether you're an investor, developer, or buyer with a vision, this is your opportunity to transform a historic Detroit property in a prime location!
Monthly payment
The tax line is this home's bill after it uncaps: half the price times 64.18 mills, the 2025 homestead rate here. Insurance is a $2,400/yr placeholder and PMI 0.55% of the loan below 20% down. An estimate, not a loan quote.
The facts
| Price | $200,000 |
| Beds | 4 |
| Baths | 3 full, 1 half |
| Square feet | 2,186 |
| Type | Single family residence |
| Subdivision | HIBBARD BAKERS SUB L7 P90 |
| County | Wayne |
| MLS # | 20261078649 |
| Listed | 2026-10-26 |
| Days on market | 0 |
| Year built | 1915 |
| Possession | At closing |
| Stories | 3 stories |
| Basement | Unfinished |
| Heating | Forced air, Natural gas |
| Foundation | Basement, Brick & mortar |
| Water / Sewer | City water & sewer |
| Parcel number | W01I002024S |
| Listing office | EXP Realty Main |
Property taxes: the seller's bill vs. yours
| This seller today | You, the year after buying | |
|---|---|---|
| Taxable value | $20,661 | about $100,000 |
| Yearly property tax | $2,030 | about $6,418 |
Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $4,388 a year more than this seller pays. The assessor's state equalized value (SEV) is $38,200. 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: Lower North End (H115). 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 W01I002024S.
Location
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 2026-10-27T03:48+00:00; refreshed at least twice daily.