5671 OTIS Street Detroit, MI ^$ 345,000

5671 OTIS Street

^$ 345,000

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5671 OTIS Street

Detroit, MI, 48210

^$ 345,000

Studio Baths4.0 Sq 3,300

Monthly Estimate*

^$ 2,152

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Studio

Multi-Family Home for sale in Detroit, MI

for $345,000 with 4 full baths. This 3,300 square foot home was built in 1900 on a lot size of 0.09.

***LOCATION LOCATION LOCATION PROPERTY LOCATED IN SW DETROIT!! 4UNITS ** (2 bed, 1 bath on Each Unit *** *** Great Money Maker ***all Units are rented, tenants pays gas and electricity** DO NOT DISTURB THE TENANTS*** TOTAL RENOVATED AND READY !!!New Roof, New Windows, New Gutters ,New Electrical System, New Plumbing and Sewer, New Furnaces and New Hot water tanks , Beautiful Kitchen with new cabinets, stunning ceramic tile floors ,total renovated baths. ***One of the members of the LLC holding title on the property has a Real Estate Broker License in the State of Michigan***.

Multi-Family Active

Price

^$ 345,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 17

Style

Lot Size

0.09

Year Built

1900

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60395617

Features

General

Heating Forced Air

Possession Rental Agreement

Water Public Water at Street

Status Active Active

Full Baths 4

Half Baths 0

Bathrooms 4

Year Built 1900

Subdivision GREUSELS MI

County Wayne

Class MULTIFAMILY

Type Multi-Family

Ownership Private

Municipality Detroit

Zoning Multi-Family

Sale/Rent For Sale

Status Detail 0

Structure Style 2 Story

Area Detroit (82001)

Primary City Detroit

Directions North Of Dix West Of Livernois

City Detroit

School District Detroit City School District

Financial Terms Cash Conventional

Legal Description Property exempt from Ad Valorem taxes and assessed on the Special Act Roll pursuant to PA 261 of 2003 expiring 12/30/2026. S OTIS 158 GREUSELS SUB L19 P7 PLATS WCR 16/73 30 X 125

DOM 198

Postal Code 48210

Price Per Sq Ft Total AG 104.55

Public Remarks ***LOCATION LOCATION LOCATION PROPERTY LOCATED IN SW DETROIT!! 4UNITS ** (2 bed 1 bath on Each Unit *** *** Great Money Maker ***all Units are rented

Exterior

Exterior Brick

Frontage 30

Lot Size Area 0.09

Lot Dimensions 30.00 x 125.00

Roads Paved Street

Waterfront Y/N No

Interior

Fireplace? No

Total Number of Units 4

Fuel Type Natural Gas

* Excluded Features

List By

Gaston Munoz

Listing Agent

Munoz Realty Inc

Broker

gaston.munozrealty@gmail.com

Affordability Calculator

$2,154

Per Month

Monthly Principal & Interest: $2,152
Monthly Property Taxes: $1
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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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Nearby

Trends
Schools

Multi-family listings in Detroit, MI

Average List Price ^$237,392

Percent of Sale Price 31%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759604 Elementary School

760475 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/20/2025	$345,000	-8.00%	Price Down
10/2/2025	$375,000	-5.06%	Price Down
9/1/2025	$395,000	-1.25%	Price Down
7/28/2025	$400,000	-2.44%	Price Down
6/11/2025	$410,000	-1.20%	Price Down
5/19/2025	$415,000		Listed Price

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5671 OTIS Street, Detroit, MI, 48210 is a Multi-Family Home for sale at $345,000 with 3,300 sqft and a lot size of 0.09. 5671 OTIS Street is a studio with 4.0 baths and was built in 1900. The property's zip code is 48210 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

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5671 OTIS Street

Multi-Family Home for sale in Detroit, MI

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