638 Seward Street Detroit, MI ^$ 525,000

638 Seward Street

^$ 525,000

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638 Seward Street

Detroit, MI, 48202

^$ 525,000

Studio Baths4.1 Sq 4,327

Monthly Estimate*

^$ 3,275

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Studio

Multi-Family Home for sale in Detroit, MI

for $525,000 with 4 full baths, 1 half bath. This 4,327 square foot home was built in 1909 on a lot size of 0.2.

Welcome to New Center! Great opportunity to pick up a 4-unit where Henry Ford, the Detroit Pistons and Michigan State University have announced a multi BILLION dollar development plan. Currently two units are occupied and two are vacant. The property has a large back parking lot as well. All units have separate gas and electric meters. Tons of rent potential in this area with the prospect of appreciation to match.

Multi-Family Active

Price

^$ 525,000

Bedrooms

Studio

Full Bath

Half Bath

Property Type

Multi-Family

Taxes

^$ 14,665

Style

Colonial

Lot Size

0.2

Year Built

1909

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60943753

Features

General

Heating Forced Air

Possession At Close

Water Public Water

Status Active Active

Full Baths 4

Half Baths 1

Bathrooms 5

Year Built 1909

Subdivision Becks Sub MI

Style Colonial

County Wayne

Class MULTIFAMILY

Type Multi-Family

Net Income 72000

Ownership Private

Municipality Detroit

Zoning Multi-Family

Sale/Rent For Sale

Status Detail 0

Structure Style 2 Story

Area Detroit (82001)

Primary City Detroit

Directions S of West Philadelphia / E of Woodward

City Detroit

School District Detroit City School District

Financial Terms Cash Conventional

Legal Description N SEWARD 3 BLK 5 BECKS SUB L4 P59 PLATS W C R 4/78 50 X 175.22

DOM 36

Postal Code 48202

Price Per Sq Ft Total AG 121.33

Public Remarks Welcome to New Center! Great opportunity to pick up a 4-unit where Henry Ford

Exterior

Exterior Brick

Frontage 50

Lot Size Area 0.2

Lot Dimensions 50X175.22

Roads Paved Street

Waterfront Y/N No

Interior

Fireplace? No

Total Number of Units 4

Fuel Type Natural Gas

* Excluded Features

List By

Joseph Hammel

Listing Agent

Keller Williams Somerset

Broker

joe@firerealtyteam.com

Affordability Calculator

$4,497

Per Month

Monthly Principal & Interest: $3,275
Monthly Property Taxes: $1,222
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Multi-family listings in Detroit, MI

Average List Price ^$237,392

Percent of Sale Price 55%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759604 Elementary School

760475 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/30/2025	$525,000	-4.55%	Price Down
10/9/2025	$550,000		Listed Price

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638 Seward Street, Detroit, MI, 48202 is a Multi-Family Home for sale at $525,000 with 4,327 sqft and a lot size of 0.2. 638 Seward Street is a studio with 4.1 baths and was built in 1909. The property's zip code is 48202 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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638 Seward Street

Multi-Family Home for sale in Detroit, MI

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