5511-5513 Somerset Avenue Detroit, MI ^$ 160,000

5511-5513 Somerset Avenue

^$ 160,000

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5511-5513 Somerset Avenue

Detroit, MI, 48224

^$ 160,000

Studio Baths2.0 Sq 2,303

Monthly Estimate*

^$ 985

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Studio

Multi-Family Home for sale in Detroit, MI

for $160,000 with 2 full baths. This 2,303 square foot home was built in 1928 on a lot size of 0.11.

Beautifully Remodeled Multi-Unit Property Ã¢â¬â Income & Opportunity! Recently remodeled duplex featuring a tenant-occupied lower unit and a vacant upper unit ready for move-in. Each unit offers modern finishes, updated kitchens and baths, new flooring, and fresh paint. Ideal for investors or owner-occupants looking to live in one unit and generate income from the other. Separate entrances of the back, off-street parking, and a convenient location near shops, schools, and transportation.

Multi-Family Pending

Price

^$ 160,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 7,877

Style

Colonial

Lot Size

0.11

Year Built

1928

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60944723

Features

General

Heating Forced Air

Possession At Close

Water Public Water

Status Pending Pending

Full Baths 2

Half Baths 0

Bathrooms 2

Year Built 1928

Subdivision East Detroit Dev Cos 4

Style Colonial

County Wayne

Class MULTIFAMILY

Type Multi-Family

Net Income 13200

Ownership Private

Municipality Detroit

Zoning Multi-Family

Sale/Rent For Sale

Status Detail 0

Structure Style 2 Story

Area Detroit (82001)

Directions Warren Ave and Outer Drive E

City Detroit

School District Detroit City School District

Financial Terms Cash Conventional FHA VA

Legal Description W SOMERSET 1889 E DETROIT DEVELOPMENT COS SUB NO 4 L42 P9 PLATS W C R 21/615 40 X 120

DOM 72

Price Per Sq Ft Total AG 69.47

Public Remarks

Interior

Basement Block

Fireplace? No

Total Number of Units 2

Fuel Type Natural Gas

Exterior

Exterior Brick

Lot Size Area 0.11

Lot Dimensions 40X120

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Jhalisha Foster

Listing Agent

Real Broker Llc Dearborn

Broker

info@eydir.com

Affordability Calculator

$1,642

Per Month

Monthly Principal & Interest: $985
Monthly Property Taxes: $656
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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 ^$248,236

Percent of Sale Price 55%

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
11/5/2025	$160,000	-3.03%	Price Down
10/13/2025	$165,000		Listed Price

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5511-5513 Somerset Avenue, Detroit, MI, 48224 is a Multi-Family Home for sale at $160,000 with 2,303 sqft and a lot size of 0.11. 5511-5513 Somerset Avenue is a studio with 2.0 baths and was built in 1928. The property's zip code is 48224 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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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5511-5513 Somerset Avenue

Multi-Family Home for sale in Detroit, MI

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