Sold
5261 24TH Street, Detroit, MI 48208
Sold on 07/02/2025 for$87,000
MLS # 20250026638 (Realcomp)
3 beds1 bath1,132 sqftBuilt 19100.07 acres
1 / 16
Listing Description
Great opportunity to transform a classic 3-bedroom residence into a high-yield investment property. Sale includes the main house plus three adjacent lots! Step inside to discover beautifully preserved hardwood floors that flow throughout the home and each room illuminated by abundant natural light! The spacious rooms offer a flexible floor plan ready to be tailored to modern tastes. With the prime expansion opportunity and room for creative vision, this property is ready for your customization!
Source: SparkMLS
About this home
Located in Condon in Detroit, this property offers 3-bedroom, 1-bath, 1,132 sq ft, with original construction dating to 1910.
Closed at $87,000 (about $77/sq ft).
Annual property taxes run approximately $1,444 ($120/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. Broadband is available with download speeds up to 2,000 Mbps from 8 providers.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms1
Living Area1,132 sqft
Lot Size0.07 acres
Year Built1910
Stories2
Location
CityDetroit
Zip Code48208
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed4/15/2025
Sold Date7/1/2025
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$223
Tax Year2025
State Equalized Value$22,500
Assessed Value$22,500
Parcel #12008830.
Source: Public Records
Legal Description
W 24TH 84 HOSIES SUB L14 P86 PLATS, W C R 12/78 30 X 100
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Dior James
EXP Realty Main
Frequently Asked Questions about 5261 24TH Street, Detroit, MI 48208
Which school district serves 5261 24TH Street, Detroit, MI 48208?
Per MLS# 20250026638, 5261 24TH Street, Detroit, MI 48208 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.
What financing options are available for 5261 24TH Street, Detroit, MI 48208?
Per MLS# 20250026638, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 5261 24TH Street, Detroit, MI 48208?
Per public tax records, annual property taxes for this property are $493. 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, 5261 24TH Street, Detroit, MI 48208 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 5261 24TH Street, Detroit, MI 48208 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 internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 5261 24TH Street, Detroit, MI 48208. The maximum advertised download speed is 2.0 Gbps. 8 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 5261 24TH Street, Detroit, MI 48208?
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$1,444
Monthly$120
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$711
Principal & interest$590
Property taxes$120
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
Download
2 Gbps
Upload
250 Mbps
CableLicensed Fixed WirelessGSO SatelliteSatelliteDSL
8 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
5261 24TH Street, Detroit, MI 48208
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Neighborhood
Condon
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Community
Detroit
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County
Wayne County
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