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Active · MLS #20261086491
$16,000 3 bd1 ba1,080 sqft

10449 Sterritt ST , Detroit, MI 48213

Est. $340/mo with property taxes uncapped · See the breakdown

TypeSingle family residence
Built1925
Lot0.09 acres
Price/sqft$15
On market0 days

About this home

Great opportunity for investors and rehabbers! This 3-bedroom, 1-bath bungalow located at 10449 Sterritt offers strong upside potential in one of Detroit’s Federal Opportunity Zones. Property features a classic bungalow layout with spacious living areas and an upper-level dormer that adds additional usable space. Perfect for a fix-and-flip, rental portfolio addition, or long-term investment strategy. Conveniently located near major roads, shopping, schools, and local amenities. Bring your vision and unlock the potential this investor special has to offer. Property sold as-is.

Monthly payment

$340per month
Principal & interest$91
Property tax, uncapped$43
Homeowners insurance$200
Mortgage insurance (PMI)$7

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$16,000
Beds3
Baths1 full
Square feet1,080
TypeSingle family residence
SubdivisionCOOPERS SUB
CountyWayne
MLS #20261086491
Listed2026-10-26
Days on market0
Year built1925
PossessionAt closing
Stories1.5 stories
BasementFull, Unfinished
HeatingForced air, Natural gas
FoundationBasement, Block
Water / SewerCity water & sewer
Parcel numberW19I002109S
Listing officeDetroit Progress Realty LLC

Property taxes: the seller's bill vs. yours

This seller today You, the year after buying
Taxable value$1,403about $8,000
Yearly property tax$353about $513

Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $160 a year more than this seller pays. The assessor's state equalized value (SEV) is $15,000. 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 2026-10-27T03:48+00:00; refreshed at least twice daily.

$16,000Est. $340/mo
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