Photo 1 of 10617 Wayburn ST
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Active · MLS #20261087185
$49,999 3 bd1 ba1,083 sqft

10617 Wayburn ST , Detroit, MI 48224

Est. $780/mo with current taxes · · See the breakdown

TypeSingle family residence
Built1941
Lot0.09 acres
Price/sqft$46
On market0 days

About this home

Opportunity presents itself in 48224 in a high demand area with lots of activity. Property is ready to be flipped. Property already has a decent roof, newer windows and a full basement. 3 beds total with nearly 1100 SQFT. Could use paint, flooring, kitchen update, furnace and hot water heater. Easy one for the right investor. Vacant at close.

Monthly payment

$780per month
Principal & interest$284
Property tax, current$275
Homeowners insurance$200
Mortgage insurance (PMI)$21

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. 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$49,999
Beds3
Baths1 full
Square feet1,083
TypeSingle family residence
SubdivisionDALBY CAMPBELL OUTER BLVD
CountyWayne
MLS #20261087185
Listed2026-10-28
Days on market0
Year built1941
PossessionAt closing
Stories1.5 stories
BasementFull, Unfinished
HeatingForced air, Natural gas
FoundationBasement, Block
Water / SewerCity water & sewer
FireplaceYes
Parcel numberW21I063771S
Listing officeJoseph Walter Realty, LLC

Property taxes: the seller's bill vs. yours

This seller today You, the year after buying
Taxable value$17,362about $25,000
Yearly property tax$3,303about $1,605

Michigan caps a homeowner's taxable value until the home sells, then it resets. The assessor's state equalized value (SEV) is $34,800. 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 2026-10-28T20:20+00:00; refreshed at least twice daily.

$49,999Est. $780/mo
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