5061 Hillsboro Street Detroit, MI ^$ 199,900

5061 Hillsboro Street

^$ 199,900

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5061 Hillsboro Street

Detroit, MI, 48204

^$ 199,900

Studio Baths2.0 Sq 2,558

Monthly Estimate*

^$ 1,231

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Studio

Multi-Family Home for sale in Detroit, MI

for $199,900 with 2 full baths. This 2,558 square foot home was built in 1924 on a lot size of 0.09.

Income-Producing Duplex ** SECTION 8 ** Solid brick duplex featuring two spacious 3-bedroom, 1-bath units, one on each level. Each unit includes its own private basement with separate laundry, offering convenience and added tenant appeal. Both units are currently rented, generating a combined monthly income of $2,800. One unit is occupied by a Section 8 tenant, providing stable, government-backed income, while the second unit is leased to a standard cash tenant, creating a balanced and diversified rental stream. Ideal opportunity for investors seeking immediate cash flow or owner-occupants looking to offset their mortgage. Convenient layout, separate utilities, and strong rental history make this a turnkey multifamily asset.

Multi-Family Active

Price

^$ 199,900

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 2,959

Style

Lot Size

0.09

Year Built

1924

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60964714

Features

General

Heating Forced Air

Possession Subject To Tenant Rights

Water Public Water

Status Active Active

Full Baths 2

Half Baths 0

Bathrooms 2

Year Built 1924

Subdivision More Than One Sub Involved MI

County Wayne

Class MULTIFAMILY

Type Multi-Family

Net Income 33600

Ownership Private

Municipality Detroit

Zoning Residential

Sale/Rent For Sale

Status Detail 0

Structure Style 2 Story

Area Detroit (82001)

Primary City Detroit

Directions Turn into street

City Detroit

School District Detroit City School District

Financial Terms Cash Conventional

Legal Description S HILLSBORO 25 SECOND ADDITION TO DAILEY PARK SUB L32 P47 PLATS W C R 16/166 REAR W 5.19 FT 100 FREDERICK C MARTINDALE SUB L32 P19 PLATS W C R 16/167 35 X 120

DOM 0

Postal Code 48204

Price Per Sq Ft Total AG 78.15

Public Remarks Income-Producing Duplex ** SECTION 8 ** Solid brick duplex featuring two spacious 3-bedroom 1-bath units one on each level. Each unit includes its own private basement with separate laundry

Interior

Basement Block

Fireplace? No

Total Number of Units 2

Fuel Type Natural Gas

Exterior

Exterior Brick

Lot Size Area 0.09

Lot Dimensions 35X120

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Ahsan Tarar

Listing Agent

Tarar Homes

Broker

ahsan@tararhomes.com

Affordability Calculator

$1,477

Per Month

Monthly Principal & Interest: $1,231
Monthly Property Taxes: $247
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 ^$231,477

Percent of Sale Price 16%

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

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Pricing History

Date	Price	Price Change	Description
1/19/2026	$199,900		Listed Price

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5061 Hillsboro Street, Detroit, MI, 48204 is a Multi-Family Home for sale at $199,900 with 2,558 sqft and a lot size of 0.09. 5061 Hillsboro Street is a studio with 2.0 baths and was built in 1924. 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 6.25% 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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5061 Hillsboro Street

Multi-Family Home for sale in Detroit, MI

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