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5042 Dailey Street Detroit, MI $ 60,000
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5042 Dailey Street
$ 60,000
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5042 Dailey Street

Detroit, MI, 48204
$ 60,000
Baths2.0 Sq 2,316

Monthly Estimate*

$ 369

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Studio

Multi-Family Home for sale in Detroit, MI

for $60,000 with 2 full baths. This 2,316 square foot home was built in 1918 on a lot size of 0.1.

Value-add duplex minutes from downtown and Mexican town with direct access to I-96 freeway. Full renovation required making it ideal for rehab, BRRRR, or a long-term hold. ARVs in the area are $150k with rental comps of $1200 (per unit) conservatively. This property offers strong rental upside in a high demand area with easy freeway access. Located in the heart of the city, this property is in close proximity to dining, entertainment, jobs, and transit. Sold as-is. Cash or renovation financing accepted.

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Multi-Family Active

Price

$ 60,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 2,084

Style

Duplex

Lot Size

0.1

Year Built

1918

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20261007859
Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Possession AtClose
Garage Spaces 0.0
Architectural Style Duplex
Pool Features None
Construction Materials Brick
Exclusions Exclusion(s) Do Not Exist
Pets Allowed Call
Year Built 1918
Levels Two
Property Subtype MultiFamily
County Wayne
Net Operating Income 0.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name DAILEY PARK SUB
Garage Y/N N
Full Baths 2
Status Active
Directions 96 Service drive to Joy to Beechwood to Dailey
City DetroitCity_Wayne
Disclosures ExclusionsDoNotExist NoRestrictions ProjectedIncome TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Detroit
Zoning Description Residential
Number Of Units Total 2
MLS Area Area05101DetSouthOfGrandRiver
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 0
Land Lease Y/N N
Tax Annual Amount 2084.0
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 23400
Expected Active Date 2026-02-07
Legal Description N DAILEY 714 DAILEY PARK SUB L29 P80 PLATS W C R 16/185 35 X 120
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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 2316.0
Half Baths 0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 2
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Exterior
Water Source Public
Foundation Details Basement Poured
Spa N
Lot Dimensions 35X120
Lot Size Acres 0.1
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 5042
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* Excluded Features
List By
Salliece McCain

Listing Agent

Robinson Realty & Management Group Inc

Broker

(313) 303-0933

Phone

Affordability Calculator

$543
Per Month
68%
32%
0%
Monthly Principal & Interest
$369
Monthly Property Taxes
$174
Monthly 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
848539 Elementary School
848135 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/7/2026$60,000 Listed Price

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5042 Dailey Street, Detroit, MI, 48204 is a Multi-Family Home for sale at $60,000 with 2,316 sqft and a lot size of 0.1. 5042 Dailey Street is a studio with 2.0 baths and was built in 1918. The property's zip code is 48204 which is in Detroit, MI

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