For Sale
5204 Hereford Street, Detroit, MI 48224
$19,900
MLS # 26032510 (Michigan Regional Information Center (MichRIC))
2 beds1 bath742 sqftBuilt 19270.19 acres
1 / 4
Listing Description
Attention investors, rehabbers, and builders! Exceptional opportunity to restore or reimagine this distressed property in a beautiful east side location. Situated just minutes from East English Village and down the street from Balduck Park, this home is surrounded by well-maintained properties and established neighborhoods, offering outstanding upside potential.
Source: SparkMLS
About this home
Located in Finney in Detroit, this property offers 2-bedroom, 1-bath, 742 sq ft, with original construction dating to 1927.
Listed at $19,900 (about $27/sq ft).
Estimated annual property tax: $1,245, or about $104 monthly. 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 Area742 sqft
Lot Size0.19 acres
Year Built1927
Stories1
Location
CityDetroit
MunicipalityDetroit City
Zip Code48224
CountyWayne
School DistrictDetroit
Construction & Systems
StyleRanch
ConstructionAluminum Siding
BasementCrawl Space
Garage1 space
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed6/27/2026
Terms AcceptedCash
Source: SparkMLS
Tax Information
Annual Tax$663
Tax Year2025
State Equalized Value$19,400
Assessed Value$19,400
Homestead (PRE)100%
Parcel #21077092.
Source: Public Records
Legal Description
E HEREFORD 192 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 Colin Kozma
Clients First, REALTORS®
Frequently Asked Questions about 5204 Hereford Street, Detroit, MI 48224
What school district is 5204 Hereford Street, Detroit, MI 48224 in?
Per MLS# 26032510, 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# 26032510, 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# 26032510, the most recent reported annual property tax for 5204 Hereford Street, Detroit, MI 48224 is $4,363 (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.
Is 5204 Hereford Street, Detroit, MI 48224 eligible for USDA financing?
Per USDA Rural Development boundary data, 5204 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.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 5204 Hereford 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$1,245
Monthly$104
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$233
Principal & interest$129
Property taxes$104
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
5204 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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