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5240 Commonwealth Street Detroit, MI $ 595,000
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$ 595,000 Get more info
5240 Commonwealth Street
$ 595,000
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Share Save

5240 Commonwealth Street

Detroit, MI, 48208
$ 595,000
Bedrooms6 Baths2.0 Sq 2,508

Monthly Estimate*

$ 3,712

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Single Family Home for sale in Detroit, MI

for $595,000 with 6 bedrooms and 2 full baths. This 2,508 square foot home was built in 1914 on a lot size of 0.07.

The best of urban living in the Woodbridge Neighborhood of Detroit! This beautiful fully renovated duplex features modern living with the elegance of historic charm. Each unit is over 1200sf and features 3 bedrooms 1 bath, with a modern open concept kitchen, in-unit laundry, radiant with natural light, and original trim and hardwood floors. The upper unit also features a great nook for a home office or library. Both units feature a private outdoor balcony or deck. The main floor is currently being used for short term rental and all of the furnishings for the short term rental are included with purchase. This home would be perfect for your own residence with income or a full time income property! A great location with an easy walk to neighborhood restaurants and entertainment, and to the Wayne State Campus and Midtown. Excellent expressway access for getting around the Metro region. Come see this amazing duplex! Property may qualify for NEZ tax rates.

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Single Family Active

Price

$ 595,000

Bedrooms

6

Full Bath

2

Property Type

Single Family

Taxes

$ 24,155

Style

Colonial,Craftsman

Lot Size

0.07

Year Built

1914

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20251024636
Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Possession AtClose
Roof Asphalt
Garage Spaces 0.0
Architectural Style Colonial Craftsman
Pool Features None
Construction Materials Brick
Pets Allowed Yes
Year Built 1914
Levels Two
Property Subtype SingleFamilyResidence
County Wayne
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name WOODBRIDGES DUDLEY B SUB OF PT OF OL 109
Garage Y/N N
Total Rooms 11
Full Baths 2
Status Active
Directions Exit I-94 at Trumbull turn south one black to Merrick Turn west then turn north onto Commonwealth.
City DetroitCity_Wayne
Disclosures NoRestrictions TaxesNotHomesteadExempt
Entry Location GroundLevelwSteps
Senior Community Y/N N
High School District Detroit
MLS Area Area05101DetSouthOfGrandRiver
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 24155.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Vacant
Tax Assessed Value 191900
Expected Active Date 2025-08-06
Legal Description E COMMONWEALTH 22 DUDLEY B WOODBRIDGES SUB L9 P74 PLATS W C R 8/92 30 X 100
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Interior
Basement Full Unfinished
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 2508.0
Half Baths 0
Total Bedrooms 6
Above Grade Finished Area Unit Type SquareFeet
Total Baths 2
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Exterior
Parking Features NoGarage
Water Source Public
Foundation Details Basement BrickMortar
Spa N
Lot Dimensions 30X100
Lot Size Acres 0.07
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 5240
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* Excluded Features
List By
Alexander Zachary

Listing Agent

Berkshire Hathaway Homeservices The Loft Warehouse

Broker

(313) 658-6400

Phone

Affordability Calculator

$5,725
Per Month
65%
35%
0%
Monthly Principal & Interest
$3,712
Monthly Property Taxes
$2,013
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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Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/7/2025$595,000 Listed Price

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5240 Commonwealth Street, Detroit, MI, 48208 is a Single Family Home for sale at $595,000 with 2,508 sqft and a lot size of 0.07. 5240 Commonwealth Street has 6 bedrooms, 2.0 baths, and was built in 1914. The property's zip code is 48208 which is in Detroit, MI

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