7270 Faust AVE , Detroit, MI 48228
Est. $735/mo with current taxes · · See the breakdown
About this home
Investment Opportunity – Tenant-Occupied Single-Family Home in a Convenient West Side Location Welcome to 7270 Faust Avenue, a solid single-family residence in Detroit’s Warrendale neighborhood. This 3beds 1 bath home Currently rented, offering immediate cash flow for investors seeking a turnkey or light-management property in a well-located, working-class area of the city. Key Features & Specs Close to the Southfield Freeway (M-39) and I-94 for easy commutes to Downtown Detroit, Dearborn, Dearborn Heights, and surrounding suburbs. Schools nearby: Convenient to Carver STEM Academy, Cody High School, Warrendale Charter Academy, Detroit Premier Academy, Dixon, Gardner, and other Detroit Public Schools / charter options. Amenities: Near Rouge Park (one of Detroit’s largest parks), local shopping, restaurants, and everyday services along major corridors like Warren Avenue. This property is well-suited for investors looking for a rented asset with solid location fundamentals!!!! **** Property has a valid C of C until 09/2029*****
Monthly payment
The tax line is the seller's current bill from the MLS. Michigan uncaps the taxable value the year after a sale, so tap See uncapped taxes for what a buyer will likely pay then.The uncapped 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 | $75,000 |
| Beds | 4 |
| Baths | 1 full |
| Square feet | 1,300 |
| Type | Single family residence |
| Subdivision | WESTHAVEN |
| County | Wayne |
| MLS # | 20261085477 |
| Listed | 2026-10-30 |
| Days on market | 1 |
| Year built | 1925 |
| Possession | Per rental agreement |
| Stories | 1.5 stories |
| Basement | Unfinished |
| Heating | Forced air, Natural gas |
| Foundation | Basement, Brick & mortar |
| Garage spaces | 1.0 |
| Water / Sewer | Water at street / Sewer at street |
| Parcel number | W22I078399S |
| Listing office | CMB Real Estate |
Property taxes: the seller's bill vs. yours
| This seller today | You, the year after buying | |
|---|---|---|
| Taxable value | $4,446 | about $37,500 |
| Yearly property tax | $932 | about $2,407 |
Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $1,475 a year more than this seller pays. The assessor's state equalized value (SEV) is $28,000. 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.
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 2026-10-31T09:44+00:00; refreshed at least twice daily.