For Sale
5991 Bishop Street, Detroit, MI 48224
$225,000
MLS # 20261025658 (Realcomp)
3 beds2 baths1,555 sqftBuilt 19310.11 acres
1 / 29
Listing Description
Fully renovated in 2026, this classic 2-story Colonial blends timeless character with thoughtful modern updates in one of Detroit’s up-and-coming East Side neighborhoods. Just minutes from Downtown and major expressways, the location offers both convenience and connectivity.Step inside to a warm and inviting main level featuring a spacious living room with a decorative brick fireplace, a formal dining area, and beautifully refinished hardwood floors throughout. The completely updated kitchen includes new cabinetry and granite countertops, along with a convenient half bath on the main floor.Upstairs, you’ll find three generously sized bedrooms, including a spacious primary, and a fully renovated bathroom finished with elegant marble tile.Major updates include new windows, roof, siding, driveway, plumbing, electrical, furnace, and water heater, offering peace of mind for years to come. The garage door has also been recently serviced for smooth, reliable operation, and new railings have been added to the front steps for a polished, finished look. The basement has been refreshed with painted floors and walls, providing clean, usable space.Outside, enjoy a backyard ready to make your own along with a detached 2-car garage.A perfect blend of historic charm and modern elegance, this home is truly move-in ready.
Source: SparkMLS
About this home
3-bedroom, 2-bath, 1,555 sq ft home in Finney in Detroit built in 1931.
Currently offered at $225,000 (about $145/sq ft).
Estimated annual property tax: $3,241, or about $270 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
Bathrooms2
Living Area1,555 sqft
Lot Size0.11 acres
Year Built1931
Stories2
Location
CityDetroit
Zip Code48224
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick, Stone, Vinyl Siding
Garage2 spaces
HeatingForced Air
Sale & Financing
Listed4/15/2026
Original Price$250,000
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$1,390
Tax Year2025
State Equalized Value$50,500
Assessed Value$50,500
Parcel #21073713.
Source: Public Records
Legal Description
W BISHOP RD 309 GROSSE POINTE VIEW SUB NO 1 L50 P23 PLATS, W C R 21/735 40 X 121.77A
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 Robert Neely
Keller Williams Legacy
Frequently Asked Questions about 5991 Bishop Street, Detroit, MI 48224
What school district is 5991 Bishop Street, Detroit, MI 48224 in?
Per MLS# 20261025658, this property is served by Detroit. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 20261025658, 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# 20261025658, the most recent reported annual property tax for 5991 Bishop Street, Detroit, MI 48224 is $1,466. 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 5991 Bishop Street, 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, 5991 Bishop 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. 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$3,241
Monthly$270
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$1,729
Principal & interest$1,459
Property taxes$270
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
5991 Bishop 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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