Sold
226 Franklin Street, Milford, MI 48381
Sold on 06/26/2026 for$245,000
MLS # 20261017653 (Realcomp)
4 beds1 bath1,388 sqftBuilt 19010.2 acres
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Listing Description
Just steps from downtown Milford, this home sits in one of the most desirable walkable locations the village has to offer. Whether you’re dreaming of morning coffee runs, evenings at local restaurants, or easy access to parks and trails, this address puts you right in the heart of it all. Inside, the home offers 3 bedrooms with the possibility of a 4th, making it a flexible layout for anyone needing extra space for guests, a home office, or a creative studio. The house does need some work, but that’s exactly where the opportunity lies. With solid bones and a layout full of potential, it’s the perfect canvas for someone ready to bring their vision to life. A rare chance to create your dream home in an unbeatable location—this is the kind of property that doesn’t come around often. BATVAI
Source: SparkMLS
About this home
4-bedroom, 1-bath, 1,388 sq ft home in Milford Township in Milford built in 1901.
Final sale price: $245,000 (about $177/sq ft).
Annual property taxes run approximately $4,569 ($381/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms4
Bathrooms1
Living Area1,388 sqft
Lot Size0.2 acres
Year Built1901
Stories2
Location
CityMilford
MunicipalityMilford Vlg
Zip Code48381
CountyOakland
School DistrictHuron Valley
Construction & Systems
ConstructionWood Siding
BasementMichigan Basement
Garage1.5 spaces
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed3/17/2026
Sold Date6/25/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$2,886
State Equalized Value$133,440
Taxable Value$84,610
Parcel #1611329007
Source: Public Records
Legal Description
T2N, R7E, SEC 11 RUGGLES ADDITION LOT 63
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Kimberly Cryderman
RE/MAX Classic
Frequently Asked Questions about 226 Franklin Street, Milford, MI 48381
What school district is 226 Franklin Street, Milford, MI 48381 in?
Per MLS# 20261017653, this property is served by Huron Valley. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What type of financing is accepted for this listing?
Per MLS# 20261017653, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20261017653, the most recent reported annual property tax for 226 Franklin Street, Milford, MI 48381 is $2,886. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 226 Franklin Street, Milford, MI 48381 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 226 Franklin Street, Milford, MI 48381 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Oakland County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
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Tax Estimate
$
Annual tax$4,569
Monthly$381
Millage rate34.2383 mills
Municipality: VILLAGE OF MILFORD
School district: HURON VALLEY SCHOOLS
County: Oakland
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
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Monthly payment$2,100
Principal & interest$1,719
Property taxes$381
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
226 Franklin Street, Milford, MI 48381
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Municipality
Milford Township
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County
Oakland County
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