Sold
5104 HAVERHILL Street, Detroit, MI 48224
Sold on 08/14/2023 for$152,500
MLS # 20230059660 (Realcomp)
Built 19280.1 acres
1 / 26
Listing Description
Welcome to this fantastic investment opportunity in Detroit! The current owner is already benefiting from a steady rental income of $2,000 per month, with one long term tenant already in place in the lower unit and another scheduled to move into the upper unit on 8/1. The lower unit's furnace was replaced just 5 years ago, while the upper unit has been upgraded with brand new windows, a furnace, and a hot water tank, providing the tenants with modern comforts and helping to reduce maintenance costs. The roof was replaced 4 years ago, ensuring the longevity of the structure and offering peace of mind to the savvy investor. Beyond the practical updates and well-maintained features, this duplex reflects pride of ownership and is beautifully kept throughout, creating a welcoming and
Source: SparkMLS
About this home
This 2-bath home built in 1928 sits in Finney in Detroit.
Final sale price: $152,500.
Property tax estimate: $462 per year ($39/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 TypeMulti Family
Bathrooms2
Lot Size0.1 acres
Year Built1928
Location
CityDetroit
Zip Code48224
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
HeatingHot Water
WaterPublic
SewerPublic
Sale & Financing
Listed7/24/2023
Sold Date8/13/2023
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$720
Tax Year2025
State Equalized Value$7,200
Assessed Value$7,200
Parcel #21070049.
Source: Public Records
Legal Description
Property exempt from Ad Valorem taxes and assessed on the Special Act Roll pursuant to PA 261 of 2003 expiring 12/30/2023. E HAVERHILL 1159 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 Jolene L Jacobs
Good Company
Frequently Asked Questions about 5104 HAVERHILL Street, Detroit, MI 48224
What school district is 5104 HAVERHILL Street, Detroit, MI 48224 in?
Per MLS# 20230059660, 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# 20230059660, 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# 20230059660, the most recent reported annual property tax for 5104 HAVERHILL Street, Detroit, MI 48224 is $1,216. 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 5104 HAVERHILL Street, Detroit, MI 48224 eligible for USDA financing?
Per USDA Rural Development boundary data, 5104 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, 5104 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.
Who are the utility providers for this property?
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.
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$462
Monthly$39
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$1,109
Principal & interest$1,070
Property taxes$39
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
5104 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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