For Sale
4475 Grayton Street, Detroit, MI 48224
$179,900
MLS # 20261044492 (Realcomp)
3 beds2 baths1,868 sqftBuilt 19420.12 acres
1 / 24
Listing Description
This spacious 3-bedroom, 2-full-bath home offers 1,418 sq ft of classic character and timeless architectural detail. A versatile den/sitting room provides flexible space ideal for a home office, playroom, or fourth bedroom option.The gracious formal living room welcomes you with a wood-burning fireplace, elegant arched doorways, crown molding, and a beautiful bay window flooding the space with natural light — the kind of craftsmanship rarely found in newer construction.The formal dining room impresses with a stunning crystal flush-mount chandelier and flows seamlessly through arched passages into the living areas — a hallmark of quality pre-war construction. The kitchen offers ample cabinetry, a gas range, stainless steel refrigerator, double sink, and classic tile accents.The expansive upper-level primary suite commands the top floor with dramatic vaulted ceilings, a full bath, and generous flex space. Two additional bedrooms are bright and comfortable, served by a second full bath with classic tile detail and tub/shower combination.The partially finished lower level features a substantial knotty pine-paneled recreation area with egress windows — ready for your vision as a game room, home gym, or additional living space.Outside, enjoy a large fenced rear yard — perfect for entertaining, gardening, or play.
Source: SparkMLS
About this home
3-bedroom, 2-bath, 1,868 sq ft home in Finney in Detroit built in 1942.
Asking $179,900 (about $96/sq ft).
Property tax estimate: $5,064 per year ($422/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 DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms2
Living Area1,868 sqft
Lot Size0.12 acres
Year Built1942
Stories2
Location
CityDetroit
Zip Code48224
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
BasementPartial
Garage1 space
HeatingForced Air
WaterPublic
SewerPublic
InteriorBasement Partially Finished
Sale & Financing
Listed6/12/2026
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$1,981
Tax Year2025
State Equalized Value$78,900
Assessed Value$78,900
Homestead (PRE)100%
Parcel #21074249.
Source: Public Records
Legal Description
W GRAYTON S 5 FT 119 118 N 5 FT 117 EXC GRAYTON AVE AS WD VOLKENING OVERFIELD & LYONS SUB L16 P35 PLATS, W C R 21/430 40 X 126.56A
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 Darryl L Sanders
Treasure Homes, Inc
Frequently Asked Questions about 4475 Grayton Street, Detroit, MI 48224
Which school district serves 4475 Grayton Street, Detroit, MI 48224?
Per MLS# 20261044492, 4475 Grayton Street, Detroit, MI 48224 is in the Detroit boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Detroit directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 20261044492, this listing accepts Cash, Conventional, FHA, VA Loan financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 4475 Grayton Street, Detroit, MI 48224?
Per public tax records, annual property taxes for this property are $2,085. 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.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 4475 Grayton Street, Detroit, MI 48224 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 4475 Grayton Street, Detroit, MI 48224 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. 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.
What utilities serve 4475 Grayton Street, Detroit, MI 48224?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Wayne County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
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Tax Estimate
$
Annual tax$5,064
Monthly$422
Millage rate64.1844 mills
Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
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$1,589
Principal & interest$1,167
Property taxes$422
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
4475 Grayton Street, Detroit, MI 48224
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Neighborhood
Finney
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Community
Detroit
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County
Wayne County
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