Sold
524 Hickory Street, Milford, MI 48381
Sold on 04/17/2026 for$444,900
MLS # 26008791 (Michigan Regional Information Center (MichRIC))
3 beds1 bath1,464 sqftBuilt 18660.2 acres
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Listing Description
Architectural history meets modern luxury in this RARE, income-producing opportunity! This VERY PROFITABLE, FULLY FURNISHED historic home is a proven turnkey AirBnB with positive cash flow, generating over $75,000 in 24 & 25 (proof available). Original decorative filigree and an ornate antique fireplace mantel highlight its timeless character, while a full renovation and professional decor deliver modern comfort. Located in the heart of Milford's Historic District, just steps from downtown shops and restaurants. The updated kitchen features expansive counters, ample cabinetry, and stainless appliances. Entertain effortlessly with a custom liquor cabinet, kegerator, wet bar, and a huge backyard with bocce court and large deck. Spacious bedrooms, oversized shower, and extensive updates throughout. Easy to purchase using a DSCR loan--qualify based on rental income, not your W-2 or tax returns! Whether an investor or owner-occupant, this is a high-performing asset and unforgettable home!
Source: SparkMLS
About this home
This 3-bedroom, 1-bath, 1,464 sq ft home built in 1866 sits in Milford Township in Milford.
This home sold for $444,900 (about $304/sq ft).
Property tax estimate: $4,645 per year ($387/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 Consumers Energy Company.
Tour
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms1
Living Area1,464 sqft
Lot Size0.2 acres
Year Built1866
Stories2
Location
CityMilford
MunicipalityMilford Vlg
Zip Code48381
CountyOakland
School DistrictHuron Valley
Construction & Systems
StyleColonial
ConstructionVinyl Siding
BasementFull
Garage1 space
HeatingForced Air
WaterPublic
SewerPublic
UtilitiesPhone Available, Electricity Available, Natural Gas Connected, Cable Connected, High-Speed Internet
InteriorCeiling Fan(s)
Sale & Financing
Listed3/13/2026
Sold Date4/16/2026
Terms AcceptedCash, FHA, VA Loan, Conventional
Source: SparkMLS
Tax Information
Annual Tax$7,813
Tax Year2025
State Equalized Value$135,660
Taxable Value$135,160
Assessed Value$135,160
Parcel #1611106005
Source: Public Records
Legal Description
T2N, R7E, SEC 10 & 11 PHELPS' ADD. N 1/2 OF LOT 3 & S 1/2 OF LOT 4 BLK 17
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Robert Bulmer
LPT Realty, LLC
Frequently Asked Questions about 524 Hickory Street, Milford, MI 48381
What school district is 524 Hickory Street, Milford, MI 48381 in?
Per MLS# 26008791, this property is served by Huron Valley. 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# 26008791, the seller has indicated this property accepts the following financing types: Cash, FHA, VA Loan, Conventional. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 26008791, the most recent reported annual property tax for 524 Hickory Street, Milford, MI 48381 is $7,813 (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 524 Hickory Street, Milford, MI 48381 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 524 Hickory Street, Milford, MI 48381 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: Consumers Energy 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. Oakland County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
Map
Tax Estimate
$
Annual tax$4,645
Monthly$387
Millage rate34.2383 mills
Municipality: VILLAGE OF MILFORD
School district: HURON VALLEY SCHOOLS
County: Oakland
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$3,305
Principal & interest$2,918
Property taxes$387
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
524 Hickory Street, Milford, MI 48381
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Municipality
Milford Township
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County
Oakland County
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