For Sale
5154 Hereford Street, Detroit, MI 48224
$87,000
MLS # 26008842 (Michigan Regional Information Center (MichRIC))
3 beds1 bath960 sqftBuilt 19400.19 acres
1 / 11
Listing Description
Well-maintained 3-bedroom, 1-bath home located in an attractive neighborhood of Detroit. The property features 2-car garage, frame construction, and crawlspace foundation. Currently tenant-occupied with rental income of $1,000/month. Tenant in place -- please do not disturb. Showings and inspections will be scheduled only upon accepted offer. BATVAI.
Source: SparkMLS
About this home
3-bedroom, 1-bath, 960 sq ft home in Finney in Detroit built in 1940.
Asking $87,000 (about $91/sq ft).
Property tax estimate: $2,214 per year ($185/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
Bathrooms1
Living Area960 sqft
Lot Size0.19 acres
Year Built1940
Stories2
Location
CityDetroit
MunicipalityDetroit City
Zip Code48224
CountyWayne
School DistrictDetroit
Construction & Systems
StyleOther
ConstructionShingle Siding
BasementCrawl Space
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed3/8/2026
Terms AcceptedOther, Cash, FHA, VA Loan, Conventional
Source: SparkMLS
Tax Information
Annual Tax$2,227
Tax Year2025
State Equalized Value$34,500
Assessed Value$34,500
Parcel #21077087.
Source: Public Records
Legal Description
E HEREFORD 197 GROSSE PTE GARDENS SUB L1056 P500 DEEDS, W C R 21/850 50 X 166
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Kristian Freiwald
Domus Realty
Frequently Asked Questions about 5154 Hereford Street, Detroit, MI 48224
Which school district serves 5154 Hereford Street, Detroit, MI 48224?
Per MLS# 26008842, 5154 Hereford 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# 26008842, this listing accepts Other, Cash, FHA, VA Loan, 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 5154 Hereford Street, Detroit, MI 48224?
Per public tax records, annual property taxes for this property are $2,073 (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, 5154 Hereford 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 5154 Hereford 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 5154 Hereford 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$2,214
Monthly$185
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$749
Principal & interest$564
Property taxes$185
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
5154 Hereford 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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