5506 Linsdale Street Detroit, MI ^$ 125,000

5506 Linsdale Street

^$ 125,000

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5506 Linsdale Street

Detroit, MI, 48204

^$ 125,000

Studio Baths2.2 Sq 2,304

Monthly Estimate*

^$ 780

5506 Linsdale Street, Detroit, MI 48204 - Image 1

5506 Linsdale Street, Detroit, MI 48204 - Image 2

5506 Linsdale Street, Detroit, MI 48204 - Image 3

5506 Linsdale Street, Detroit, MI 48204 - Image 4

5506 Linsdale Street, Detroit, MI 48204 - Image 5

5506 Linsdale Street, Detroit, MI 48204 - Image 6

5506 Linsdale Street, Detroit, MI 48204 - Image 7

Studio

Multi-Family Home for sale in Detroit, MI

for $125,000 with 2 full baths, 2 half baths. This 2,304 square foot home was built in 1925 on a lot size of 0.14.

Excellent Investment Opportunity! Well-maintained 2 unit multifamily property offers immediate income with one unit currently leased to a reliable tenant. The remaining unit is vacant and ready for an owner occupied or new tenant. The property address is 5506-5508. Do not disturb current tenant. Lockbox on front door.

Multi-Family Active

Price

^$ 125,000

Bedrooms

Studio

Full Bath

Half Bath

Property Type

Multi-Family

Taxes

^$ 4,798

Style

Brownstone

Lot Size

0.14

Year Built

1925

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20251026539

Features

General

Sewer PublicSewer

Heating ForcedAir NaturalGas

Possession AtClose

Garage Spaces 0.0

Architectural Style Brownstone

Pool Features None

Construction Materials Brick

Pets Allowed Yes

Year Built 1925

Levels Two

Property Subtype MultiFamily

County Wayne

Net Operating Income 11400.0

New Construction N

Property Type ResidentialIncome

HOA N

Attached Garage N

Subdivision Name ADDITION TO DAILEY PARK

Garage Y/N N

Full Baths 2

Status Active

Directions N On Rosa Parks Memorial Hwy Left On Joy Road Left On Northfield. Home Sits On The Corner Northfield And Lindsdale.

City DetroitCity_Wayne

Disclosures ActualIncome TaxesNotHomesteadExempt

Senior Community Y/N N

High School District Detroit

Zoning Description MultiFamily

Number Of Units Total 2

MLS Area Area05034DetJoySchoolcraftGrnfldLimits

Lot Size Units Acres

Carport Y/N N

Number of Units Leased 1

Land Lease Y/N N

Tax Annual Amount 4798.0

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 MultipleOccupantTypes

Tax Assessed Value 25800

Expected Active Date 2025-08-15

Legal Description N LINSDALE E 17FT 359 360 ADDITION TO DAILEY PARK L31 P49 PLATS W C R 16/186 56 X 110 6160SF

Interior

Basement Full InteriorEntry Unfinished

Basement (Y/N) Y

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Above Grade Finished Area 2304.0

Half Baths 2

Above Grade Finished Area Unit Type SquareFeet

Total Baths 4

Exterior

Water Source Public

Foundation Details Basement Block

Spa N

Lot Dimensions 56X110

Lot Size Acres 0.14

Waterfront Y/N N

Road Frontage Type Paved

Crops Included Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 5506

* Excluded Features

List By

Jalicia Gadson

Listing Agent

Real Broker Llc

Broker

(734) 999-2949

Phone

Affordability Calculator

$1,180

Per Month

Monthly Principal & Interest: $780
Monthly Property Taxes: $400
Monthly Home Insurance: --

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Down Payment

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 90%

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.

848539 Elementary School

848135 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/15/2025	$125,000	-13.79%	Price Down
8/15/2025	$145,000		Listed Price

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5506 Linsdale Street, Detroit, MI, 48204 is a Multi-Family Home for sale at $125,000 with 2,304 sqft and a lot size of 0.14. 5506 Linsdale Street is a studio with 2.2 baths and was built in 1925. The property's zip code is 48204 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.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/7/2025.

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5506 Linsdale Street

Multi-Family Home for sale in Detroit, MI

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