5298 NEFF Avenue Detroit, MI $ 49,900
5298 NEFF Avenue
$ 49,900
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5298 NEFF Avenue

Detroit, MI, 48224
$ 49,900
Bedrooms2 Baths1.0 Sq 720

Monthly Estimate*

$ 311

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Single Family Home for sale in Detroit, MI

for $49,900 with 2 bedrooms and 1 full bath. This 720 square foot home was built in 1950 on a lot size of 0.15.

**OPPORTUNITY** This 2 bedroom, 1 bathroom Cornerstone Village home could be perfect for a first-time homebuyer who isn't afraid of generating a little sweat equity or it could also be perfect for an investor looking to start or expand their portfolio! With Section 8 rents for similar properties as high as $1,100/month, the ROI on this property would be sky-high! The property features hardwood flooring throughout almost all of the property, an updated kitchen, an bathroom that would need very minimal work to make it nice, forced air heating, wrought-iron windows w/ storm windows, a 3D architectural shingle roof, a 3 seasons room, an oversized 1.5 car garage, and so much more! Best of all, the property is located in the East Warren/Cadieux Strategic Neighborhood Fund area, which has enabled the renovation of the Warren streetscape and has brought in tens of millions of dollars of both public and private investment, with more to come! NO SELLER FINANCING - VA OR FHA MAY BE CONSIDERED @ NO COST TO SELLER

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Single Family Active

Price

$ 49,900

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 1,311

Style

Ranch

Lot Size

0.15

Year Built

1950

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60360607

Features
Interior
Interior Amenities Cable/Internet Avail.
Basement Unfinished
Beds 2
Fireplace? No
Total Rooms 5
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General
Heating Forced Air
Possession At Close
Garage Detached Garage
Water Public Water Public Water at Street
Status Active Active
Full Baths 1
Half Baths 0
Bathrooms 1
Year Built 1950
Subdivision ASSESSORS DETROIT PLAT NO 1 MI
Water Heater Gas
Style Ranch
County Wayne
Class RESIDENTIAL
Type Single Family
Ownership Private
Municipality Detroit
Sale/Rent For Sale
Status Detail 0
Structure Style 1 Story
Area Detroit (82001)
Primary City Detroit
Directions From Chandler Park turn South on Neff
City Detroit
School District Detroit City School District
Financial Terms Cash Conventional
Legal Description E NEFF 29 ASSESSORS DETROIT PLAT NO 1 L72 P7 PLATS W C R 21/1024 38 X 172.95A NEZ HMSTD CERT# NH2008-0448 RELATED PARCEL 27080448.
DOM 372
Postal Code 48224
Price Per Sq Ft Total AG 69.31
Public Remarks **OPPORTUNITY** This 2 bedroom
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Exterior
Exterior Aluminum
Exterior Amenities Porch
Frontage 38
Lot Size Area 0.15
Pool (Y/N) No
Lot Dimensions 38.00 x 173.00
Roads Paved Street
Waterfront Y/N No
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* Excluded Features
List By
Ryan Kain

Listing Agent

Re/Max Leading Edge

Broker

r.kainrealtor@gmail.com

Email

Affordability Calculator

$421
Per Month
74%
26%
0%
Monthly Principal & Interest
$311
Monthly Property Taxes
$109
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
759604 Elementary School
760475 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/21/2025$49,900 -9.11% Price Down
6/27/2025$54,900 -4.52% Price Down
2/7/2025$57,500 -4.01% Price Down
12/17/2024$59,900 Listed Price

Map


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5298 NEFF Avenue, Detroit, MI, 48224 is a Single Family Home for sale at $49,900 with 720 sqft and a lot size of 0.15. 5298 NEFF Avenue has 2 bedrooms, 1.0 baths, and was built in 1950. The property's zip code is 48224 which is in Detroit, MI