Sold
5267 Maryland Street, Detroit, MI 48224
Sold on 06/19/2026 for$40,000
MLS # 20261021079 (Realcomp)
3 beds2 baths1,251 sqftBuilt 19260.1 acres
1 / 32
Listing Description
This 3-bedroom, 1-bath home is a full rehab opportunity and priced accordingly. Property is in clean condition but will require some repairs throughout. No HVAC systems present—no heating in basement or upper unit—and water heater is missing. Basement has active water intrusion, and there appears to be a roof leak impacting the upstairs closet. Ideal for experienced investors or contractors looking for their next project. Cash or renovation financing only. Sold as-is.
Source: SparkMLS
About this home
Located in Finney in Detroit, this property offers 3-bedroom, 2-bath, 1,251 sq ft, with original construction dating to 1926.
Closed at $40,000 (about $32/sq ft).
Property tax estimate: $2,189 per year ($182/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
Bathrooms2
Living Area1,251 sqft
Lot Size0.1 acres
Year Built1926
Stories2
Location
CityDetroit
Zip Code48224
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionWood Siding
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed3/31/2026
Sold Date6/18/2026
Original Price$65,000
Terms AcceptedCash
Source: SparkMLS
Tax Information
Annual Tax$1,635
Tax Year2025
State Equalized Value$34,100
Assessed Value$34,100
Parcel #21064378.
Source: Public Records
Legal Description
W MARYLAND S 25 FT 54 N 10 FT 55 ABBOTT & BEYMERS SUNDERLAND PARK SUB L36 P93 PLATS, W C R 21/428 35 X 125
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by James T Silver
Keller Williams Somerset
Frequently Asked Questions about 5267 Maryland Street, Detroit, MI 48224
What school district is 5267 Maryland Street, Detroit, MI 48224 in?
Per MLS# 20261021079, 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 5267 Maryland Street, Detroit, MI 48224?
Per MLS# 20261021079, 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# 20261021079, the most recent reported annual property tax for 5267 Maryland Street, Detroit, MI 48224 is $1,678. 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 5267 Maryland Street, Detroit, MI 48224 eligible for USDA financing?
Per USDA Rural Development boundary data, 5267 Maryland 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, 5267 Maryland 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.
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Tax Estimate
$
Annual tax$2,189
Monthly$182
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$507
Principal & interest$324
Property taxes$182
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
5267 Maryland 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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