For Sale
5500 Devonshire Road, Detroit, MI 48224
$200,000
MLS # 20261042018 (Realcomp)
Built 19410.11 acres
1 / 14
Listing Description
Welcome to 5500 Devonshire, a beautifully renovated duplex offering an excellent investment or owner-occupant opportunity. Each spacious unit features 2 bedrooms, 1 full bath, and approximately 838 square feet of comfortable living space. Recent updates include refinished hardwood floors, brand-new kitchens with modern finishes, and fully renovated bathrooms, creating a fresh and inviting atmosphere throughout. The thoughtfully updated interiors blend classic charm with contemporary conveniences, making both units highly desirable for tenants or homeowners alike. Conveniently located near shopping, dining, schools, and major transportation routes, this turnkey property is ready for its next owner.
Source: SparkMLS
About this home
Located in Finney in Detroit, this property offers 2-bath, with original construction dating to 1941.
Currently offered at $200,000.
Estimated annual property tax: $2,413, or about $201 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 TypeMulti Family
Bathrooms2
Lot Size0.11 acres
Year Built1941
Location
CityDetroit
Zip Code48224
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
HeatingForced Air
WaterPublic
Sale & Financing
Listed6/5/2026
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$1,564
Tax Year2025
State Equalized Value$37,600
Assessed Value$37,600
Parcel #21070470.
Source: Public Records
Legal Description
E DEVONSHIRE 1281 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 Marvis Burns
Metropolitan Gems
Frequently Asked Questions about 5500 Devonshire Road, Detroit, MI 48224
What school district is 5500 Devonshire Road, Detroit, MI 48224 in?
Per MLS# 20261042018, this property is served by Detroit. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What type of financing is accepted for this listing?
Per MLS# 20261042018, 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# 20261042018, the most recent reported annual property tax for 5500 Devonshire Road, Detroit, MI 48224 is $2,322. 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 5500 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, 5500 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$2,413
Monthly$201
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$1,498
Principal & interest$1,297
Property taxes$201
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
5500 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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