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5511-5513 Somerset Avenue Detroit, MI $ 160,000
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$ 160,000 Get more info
5511-5513 Somerset Avenue
$ 160,000
Back to search
Share Save

5511-5513 Somerset Avenue

Detroit, MI, 48224
$ 160,000
Baths2.0 Sq 2,303

Monthly Estimate*

$ 998

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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 – 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.

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Multi-Family Active

Price

$ 160,000

Bedrooms

Studio

Full Bath

2

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

20251042483
Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Possession AtClose
Garage Spaces 0.0
Architectural Style Colonial
Pool Features None
Construction Materials Brick
Pets Allowed Call
Year Built 1928
Levels Two
Property Subtype MultiFamily
County Wayne
Net Operating Income 13200.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name EAST DETROIT DEV COS 4
Garage Y/N N
Full Baths 2
Status Active
Directions Warren Ave and Outer Drive E
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 Area05055DetConMorsGratHstn7Mack
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 1
Land Lease Y/N N
Tax Annual Amount 7877.0
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 62272
Expected Active Date 2025-10-13
Legal Description W SOMERSET 1889 E DETROIT DEVELOPMENT COS SUB NO 4 L42 P9 PLATS W C R 21/615 40 X 120
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Interior
Basement Unfinished
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 2303.0
Half Baths 0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 2
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Exterior
Water Source Public
Foundation Details Basement Block
Spa N
Lot Dimensions 40X120
Lot Size Acres 0.11
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 5511
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* Excluded Features
List By
Jhalisha Foster

Listing Agent

Real Broker Llc Dearborn

Broker

(586) 690-1769

Phone

Affordability Calculator

$1,655
Per Month
60%
40%
0%
Monthly Principal & Interest
$998
Monthly Property Taxes
$656
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
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

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