6142 Hereford ST , Detroit, MI 48224
Est. $620/mo with property taxes uncapped · See the breakdown
About this home
Great investment opportunity in Detroit! This vacant 2-bedroom home located at 6142 Hereford Street, Detroit, MI 48224, offers excellent potential for investors looking to expand their rental portfolio and generate rental income. With no tenant currently occupying the property, it provides flexibility for immediate rental opportunities or future investment plans. A great addition to any real estate portfolio. Don't miss this opportunity!
Monthly payment
The tax line is this home's bill after it uncaps: half the price times 64.18 mills, the 2025 homestead rate here. Insurance is a $2,400/yr placeholder and PMI 0.55% of the loan below 20% down. An estimate, not a loan quote.
The facts
| Price | $47,900 |
| Beds | 2 |
| Baths | 1 full |
| Square feet | 1,560 |
| Type | Single family residence |
| Subdivision | GROSSE POINTE GARDENS ALSO P500 DEEDS |
| County | Wayne |
| MLS # | 20261086486 |
| Listed | 2026-10-26 |
| Days on market | 0 |
| Year built | 1925 |
| Possession | At closing |
| Stories | 1 story |
| Basement | Finished |
| Heating | Forced air, Natural gas |
| Foundation | Basement, Block |
| Water / Sewer | City water & sewer |
| Parcel number | W21I077143S |
| Listing office | 6 Mile Realty |
Property taxes: the seller's bill vs. yours
| This seller today | You, the year after buying | |
|---|---|---|
| Taxable value | $22,568 | about $23,950 |
| Yearly property tax | $2,084 | about $1,537 |
Michigan caps a homeowner's taxable value until the home sells, then it resets. The assessor's state equalized value (SEV) is $35,200. Your taxable value resets to the SEV the year after you buy, and assessors usually raise it to about half the sale price. Estimate uses Detroit's 2025 homestead rate of 64.18 mills and assumes you claim the homestead exemption. See Detroit's full tax breakdown or run the uncapping calculator.
Location
IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listings refreshed 2026-10-27T03:48+00:00; refreshed at least twice daily.