Sold
5040 Haverhill Street, Detroit, MI 48224
Sold on 10/01/2025 for$56,000
MLS # 20251027659 (Realcomp)
Built 19290.11 acres
1 / 3
Listing Description
Multiple offers received, Highest and best due by 4pm September 13th. GREAT INVESTMENT PROPERTY TO OWN TWO UNITS IN THE MORNING SIDE COMMUNITY.
Source: SparkMLS
About this home
This 2-bath home built in 1929 sits in Finney in Detroit.
Closed at $56,000.
Annual property taxes run approximately $3,222 ($269/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Fiber internet is available at this address with download speeds up to 5,000 Mbps across 9 providers. Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeMulti Family
Bathrooms2
Lot Size0.11 acres
Year Built1929
Location
CityDetroit
Zip Code48224
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
HeatingForced Air
WaterPublic
Sale & Financing
Listed9/1/2025
Sold Date9/30/2025
Terms AcceptedCash
Source: SparkMLS
Tax Information
Annual Tax$2,214
Tax Year2025
State Equalized Value$50,200
Assessed Value$50,200
Parcel #21070041.
Source: Public Records
Legal Description
E HAVERHILL 1167 EAST DETROIT DEVELOPMENT COS SUB NO 2 L36 P20 PLATS, W C R 21/426 40 X 114
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Miranda N Morrow
National Realty Centers, Inc
Frequently Asked Questions about 5040 Haverhill Street, Detroit, MI 48224
What school district is 5040 Haverhill Street, Detroit, MI 48224 in?
Per MLS# 20251027659, this property is served by Detroit. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 20251027659, the seller has indicated this property accepts the following financing types: Cash. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20251027659, the most recent reported annual property tax for 5040 Haverhill Street, Detroit, MI 48224 is $4,183. 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 5040 Haverhill Street, Detroit, MI 48224 eligible for USDA financing?
Per USDA Rural Development boundary data, 5040 Haverhill Street, Detroit, MI 48224 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 5040 Haverhill Street, Detroit, MI 48224 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.
Is fiber internet available at 5040 Haverhill Street, Detroit, MI 48224?
Per FCC broadband data, this property has access to fiber internet service. The maximum advertised download speed is 5.0 Gbps. 9 internet providers serve this address. Confirm availability and speeds directly with providers.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. 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. Wayne County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
Map
Tax Estimate
$
Annual tax$3,222
Monthly$269
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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%
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Monthly payment$593
Principal & interest$324
Property taxes$269
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
FiberDownload
5 Gbps
Upload
5 Gbps
FiberCableLicensed Fixed WirelessGSO SatelliteSatelliteDSL
9 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
5040 Haverhill 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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