For Sale
5243 Devonshire Road, Detroit, MI 48224
$179,900
MLS # 20261035886 (Realcomp)
Built 19290.11 acres
1 / 36
Listing Description
Beautifully updated brick colonial featuring 2 spacious units — each offering 2 bedrooms and 1 full bath — making this an ideal opportunity for homeowners or investors alike! This charming multi-unit property blends timeless character with modern updates throughout. Both units offer warm and inviting layouts with comfortable carpeted flooring, generously sized living areas, and plenty of natural light. Enjoy relaxing mornings or evenings on the private balcony while appreciating the classic colonial charm. The property also includes a 2-car detached garage providing ample parking and storage. Move-in ready and thoughtfully updated, this is a fantastic opportunity for rental income or multi-generational living!
Source: SparkMLS
About this home
2-bath home in Finney in Detroit built in 1929.
Listed at $179,900.
Annual property taxes run approximately $3,845 ($320/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 Size0.11 acres
Year Built1929
Location
CityDetroit
Zip Code48224
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
BasementMichigan Basement
HeatingForced Air
WaterPublic
Sale & Financing
Listed5/18/2026
Original Price$199,900
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$3,268
Tax Year2025
State Equalized Value$59,900
Assessed Value$59,900
Parcel #21070584.
Source: Public Records
Legal Description
W DEVONSHIRE 1187 EAST DETROIT DEVELOPMENT COS SUB NO 2 L36 P20 PLATS, WCR 21/426 40 X 114
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 Corey Edwards
Wentworth Real Estate Group
Frequently Asked Questions about 5243 Devonshire Road, Detroit, MI 48224
What school district is 5243 Devonshire Road, Detroit, MI 48224 in?
Per MLS# 20261035886, this property is served by Detroit. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What financing options are available for 5243 Devonshire Road, Detroit, MI 48224?
Per MLS# 20261035886, the seller has indicated this property accepts the following financing types: Cash, Conventional, FHA, VA Loan. 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# 20261035886, the most recent reported annual property tax for 5243 Devonshire Road, Detroit, MI 48224 is $6,235. 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 5243 Devonshire Road, Detroit, MI 48224 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, 5243 Devonshire Road, 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. 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.
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Tax Estimate
$
Annual tax$3,845
Monthly$320
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$1,487
Principal & interest$1,167
Property taxes$320
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
5243 Devonshire Road, 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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