For Sale
5064 Lodewyck Street, Detroit, MI 48224
$125,000
MLS # 26024027 (Michigan Regional Information Center (MichRIC))
2 beds1 bath1,005 sqftBuilt 19420.12 acres
1 / 21
Listing Description
BACK ON THE MARKET THROUGH NO FAULT OF THE HOME! This classic bungalow has been beautifully refreshed with gleaming hardwood floors, a fresh professional paint job, new kitchen countertops and backsplash, updated vinyl flooring in the kitchen and bath, stylish light fixtures, and newer mechanicals for added peace of mind. The upstairs primary bedroom shows off a walk-in closet with hardwood floors, plus an adjoining flex space perfect for a home office, craft room, or reading nook. The spacious basement offers endless possibilities for a gym, hobby area, or game room. Even the garage received a new roof and fresh paint. Ideally located near Balduck Park, Henry Ford St. John Hospital, and just a short drive to Ford Field for game days and downtown entertainment. No virtual showings. BATVAI.
Source: SparkMLS
About this home
This 2-bedroom, 1-bath, 1,005 sq ft home built in 1942 sits in Finney in Detroit.
Listed at $125,000 (about $124/sq ft).
Property tax estimate: $2,490 per year ($208/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
Bedrooms2
Bathrooms1
Living Area1,005 sqft
Lot Size0.12 acres
Year Built1942
Stories1
Location
CityDetroit
MunicipalityDetroit City
Zip Code48224
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
BasementFull
Garage1 space
HeatingForced Air
WaterPublic
SewerPublic
UtilitiesNatural Gas Available
InteriorGarage Door Opener, Eat-in Kitchen
Sale & Financing
Listed7/3/2026
Terms AcceptedCash, FHA, VA Loan, MSHDA, Conventional
Source: SparkMLS
Tax Information
Annual Tax$3,880
Tax Year2025
State Equalized Value$38,800
Assessed Value$38,800
Parcel #21077791.
Source: Public Records
Legal Description
E LODEWYCK 82 FARMBROOK SUB L51 P79 PLATS, W C R 21/849 50 X 103.44
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Jerlee Taylor-Bond
RE/MAX Platinum
Frequently Asked Questions about 5064 Lodewyck Street, Detroit, MI 48224
Which school district serves 5064 Lodewyck Street, Detroit, MI 48224?
Per MLS# 26024027, 5064 Lodewyck 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.
What financing options are available for 5064 Lodewyck Street, Detroit, MI 48224?
Per MLS# 26024027, this listing accepts Cash, FHA, VA Loan, MSHDA, Conventional 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 5064 Lodewyck Street, Detroit, MI 48224?
Per public tax records, annual property taxes for this property are $3,597 (2025). 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, 5064 Lodewyck 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.
Is 5064 Lodewyck 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 5064 Lodewyck 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.
Map
Tax Estimate
$
Annual tax$2,490
Monthly$208
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$1,018
Principal & interest$811
Property taxes$208
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
5064 Lodewyck 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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