For Sale
5814 Haverhill Street, Detroit, MI 48224
$172,000
MLS # 20261038741 (Realcomp)
3 beds1 bath13,772 sqftBuilt 19280.11 acres
1 / 10
Listing Description
Investor Special + Move-In Ready Opportunity in Detroit! Welcome to 5814 Haverhill St — a solid brick colonial that checks all the boxes for both savvy investors and first-time homebuyers. Previously rented for $1,400/month, this property offers immediate income potential while also being completely move-in ready for an owner-occupant.Featuring 3 bedrooms, 1 bath, and over 1,300 sq ft of living space, this home combines classic Detroit charm with practical updates. A brand-new roof installed in 2025 gives peace of mind for years to come, while the fully fenced backyard provides privacy, security, and great outdoor space for pets, kids, or entertaining.Whether you're looking to expand your rental portfolio, secure a cash-flowing property, or purchase your first home without the headache of major repairs, this one is a must-see. Conveniently located near Highway 94, schools, parks, shopping, and commuter routes on Detroit’s east side in a highly desired zip code.-Previously rented at $1,400/month-Move-in ready-New roof (2025)-Fenced backyard-Strong investment potential-Great option for first-time buyersDon’t miss your chance to own a versatile property with upside and immediate appeal!
Source: SparkMLS
About this home
3-bedroom, 1-bath, 13,772 sq ft home in Finney in Detroit built in 1928.
Currently offered at $172,000 (about $12/sq ft).
Estimated annual property tax: $1,142, or about $95 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 TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms1
Living Area13,772 sqft
Lot Size0.11 acres
Year Built1928
Stories1
Location
CityDetroit
Zip Code48224
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick, Vinyl Siding
BasementSlab
HeatingForced Air, Hot Water
WaterPublic
SewerPublic
Sale & Financing
Listed5/26/2026
Original Price$175,000
Terms AcceptedCash, Conventional, FHA
Source: SparkMLS
Tax Information
Annual Tax$879
Tax Year2025
State Equalized Value$17,800
Assessed Value$17,800
Parcel #21070093.
Source: Public Records
Legal Description
E HAVERHILL 1113 EAST DETROIT DEVELOPMENT COS SUB NO 2 L36 P20 PLATS, W C R 21/426 40 X 114
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Charlene Hunter
New Era Real Estate LLC
Frequently Asked Questions about 5814 Haverhill Street, Detroit, MI 48224
Which school district serves 5814 Haverhill Street, Detroit, MI 48224?
Per MLS# 20261038741, 5814 Haverhill Street, Detroit, MI 48224 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 5814 Haverhill Street, Detroit, MI 48224?
Per MLS# 20261038741, this listing accepts Cash, Conventional, FHA financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 5814 Haverhill Street, Detroit, MI 48224?
Per public tax records, annual property taxes for this property are $1,983. 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, 5814 Haverhill 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.
Is 5814 Haverhill Street, Detroit, MI 48224 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 utilities serve 5814 Haverhill Street, Detroit, MI 48224?
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$1,142
Monthly$95
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
$
%
$
$
$
Monthly payment$1,211
Principal & interest$1,116
Property taxes$95
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
5814 Haverhill Street, Detroit, MI 48224
View full property history →
Neighborhood
Finney
View all listings →
Community
Detroit
Explore neighborhoods →
County
Wayne County
View county overview →
Get email alerts for new listings near 5814 Haverhill Street
We'll notify you when something hits the market in Finney or nearby.
Munro Real Estate · MI Broker #6502405404 · No spam, one-click unsubscribe.