Photo 1 of 18417 Albion ST
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Active · MLS #20261088177
$89,900 2 bd1 ba759 sqft

18417 Albion ST , Detroit, MI 48234

Est. $830/mo with current taxes · · See the breakdown

TypeSingle family residence
Built1949
Lot0.1 acres
Garage1 spaces
Price/sqft$118
On market0 days

About this home

Welcome to this inviting and beautifully maintained property offering an exceptional blend of comfort, charm, and convenience. Designed for easy living, the home features a functional layout with bright living spaces, comfortable bedrooms, and great natural light throughout. Whether you are expanding your investment portfolio or looking for a future residence, this property delivers immediate value. Unbeatable convenience awaits just outside your door! Situated in a highly accessible neighborhood, this home is located just moments away from local shopping centers, grocery stores, dining, and essential amenities. Enjoy quick access to major commuter roads and public transit options, making daily errands and travel effortless. Occupancy Status: Currently tenant-occupied, providing immediate rental income from day one. Lease Terms: Please contact the listing agent for current lease details, monthly rent, and showing coordination requirements.

Monthly payment

$830per month
Principal & interest$511
Property tax, current$82
Homeowners insurance$200
Mortgage insurance (PMI)$37

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$89,900
Beds2
Baths1 full
Square feet759
TypeSingle family residence
SubdivisionSHADY LAWN SUB 1
CountyWayne
MLS #20261088177
Listed2026-10-31
Days on market0
Year built1949
PossessionAt closing
Stories1 story
BasementUnfinished
HeatingForced air, Natural gas
FoundationBasement, Poured
Garage spaces1.0
Water / SewerCity water & sewer
Parcel numberW17I014419S
Listing officeEmpire Realty Group

Property taxes: the seller's bill vs. yours

This seller today You, the year after buying
Taxable value$8,800about $44,950
Yearly property tax$981about $2,885

Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $1,904 a year more than this seller pays. The assessor's state equalized value (SEV) is $18,300. 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: Hoover - Seven Mile (H045). 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 W17I014419S.

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 2026-11-01T00:11+00:00; refreshed at least twice daily.

$89,900Est. $830/mo
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