5055 Dailey Street Detroit, MI $ 175,000
5055 Dailey Street
$ 175,000
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5055 Dailey Street

Detroit, MI, 48204
$ 175,000
Baths2.1 Sq 2,510

Monthly Estimate*

$ 1,078

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Studio

Multi-Family Home for sale in Detroit, MI

for $175,000 with 2 full baths, 1 half bath. This 2,510 square foot home was built in 1920 on a lot size of 0.09.

EACH UNIT 3 BEDROOMS RENTED AT 1043 AND 1063. 100 PERCENT SECTION 8 OCCUPIED PLEASE DO NOT DISTURB TENANTS Freshly updated and built for flexibility, this multi-family home offers a smart, buy-and-hold friendly opportunity in 48204. With a layout that supports multiple living arrangements, it is an easy fit for owners who value space, usability, and the kind of turnkey condition that helps reduce upfront projects. Inside, you have 6 bedrooms, 2 baths, and 2,510 sq ft to work with, giving you room to shape the property around your goals. The fresh updates bring a clean, refreshed feel that supports day-to-day comfort while also positioning the home as a straightforward, manageable asset. Whether you are planning for long-term ownership or simply want a property with practical scale, the footprint here provides options without feeling oversized or inefficient. Set on a 3,964 sq ft lot, the property balances outdoor breathing room with an easy-to-maintain parcel size. The lot supports everyday functionality and flexibility, while the interior square footage does the heavy lifting for livability, separation of space, and the ability to keep routines organized across bedrooms and shared areas. If you are looking for a multi-family home with meaningful interior space, a freshly updated starting point, and a location in 48204, schedule a showing and request full details to see how this property can align with your long-term plan

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Multi-Family Active

Price

$ 175,000

Bedrooms

Studio

Full Bath

2

Half Bath

1

Property Type

Multi-Family

Taxes

$ 1,399

Style

Duplex

Lot Size

0.09

Year Built

1920

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20261007685

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Possession AtClose
Garage Spaces 0.0
Architectural Style Duplex
Pool Features None
Construction Materials Brick
Pets Allowed CatsOk DogsOk
Year Built 1920
Levels Two
Property Subtype MultiFamily
County Wayne
Net Operating Income 22272.0
Operating Expense 3000.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name DAILEY PARK SUB 2ND ADD
Garage Y/N N
Full Baths 2
Status Active
Directions Take Livernois to Joy Road east To Northfield south to Dailey East to property
City DetroitCity_Wayne
Disclosures ProjectedIncome TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Detroit
Zoning Description MultiFamily
Number Of Units Total 2
MLS Area Area05101DetSouthOfGrandRiver
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 2
Land Lease Y/N N
Tax Annual Amount 1399.76
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 Tenant
Tax Assessed Value 12618
Expected Active Date 2026-02-13
Legal Description S DAILEY 8 SECOND ADDITION TO DAILEY PARK SUB L32 P47 PLATS W C R 16/166 35 X 113.77A
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Interior
Basement Full Unfinished
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 2510.0
Half Baths 1
Laundry Features LaundryRoom
Above Grade Finished Area Unit Type SquareFeet
Total Baths 3
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Exterior
Water Source Public
Foundation Details Basement Block
Spa N
Lot Dimensions 35X113.77
Lot Size Acres 0.09
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 5055
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* Excluded Features
List By
Rashad Elabed

Listing Agent

Jna Real Estate

Broker

(734) 497-5558

Phone

Affordability Calculator

$1,194
Per Month
90%
10%
0%
Monthly Principal & Interest
$1,078
Monthly Property Taxes
$117
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
Pricing History
DatePricePrice ChangeDescription
3/12/2026$175,000 -5.41% Price Down
2/14/2026$185,000 Listed Price

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5055 Dailey Street, Detroit, MI, 48204 is a Multi-Family Home for sale at $175,000 with 2,510 sqft and a lot size of 0.09. 5055 Dailey Street is a studio with 2.1 baths and was built in 1920. The property's zip code is 48204 which is in Detroit, MI