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5555 Neff Avenue Detroit, MI $ 64,900
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5555 Neff Avenue
$ 64,900
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5555 Neff Avenue

Detroit, MI, 48224
$ 64,900
Bedrooms2 Baths1.0 Sq 800

Monthly Estimate*

$ 400

5555 Neff Avenue, Detroit, MI 48224 - Image 1

Single Family Home for sale in Detroit, MI

for $64,900 with 2 bedrooms and 1 full bath. This 800 square foot home was built in 1950 on a lot size of 0.14.

Turnkey cash-flowing investment opportunity on Detroit’s east side! Welcome to 5555 Neff Ave, Detroit, MI 48224, a solid rental property currently tenant-occupied and generating $1,100 per month in rental income. This property offers investors immediate cash flow from day one with a reliable tenant already in place. The home features a functional layout, spacious living areas, and strong long-term rental demand in a well-established neighborhood near East English Village and the Grosse Pointe border. Located close to schools, parks, shopping, and major commuter routes, this property sits in a high-demand rental corridor, making it a great addition to any buy-and-hold portfolio or investor looking to expand their Detroit rental holdings. Detroit continues to attract investors seeking affordable entry points and strong rental yields, and this property delivers both stability and income potential. Tenant occupied – please do not disturb tenant. For more information, contact: Samar Taha – 313-888-7653 (text preferred)

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Single Family Active

Price

$ 64,900

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 2,611

Style

Ranch

Lot Size

0.14

Year Built

1950

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20261016799
Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Possession AtClose
Garage Spaces 0.0
Architectural Style Ranch
Pool Features None
Construction Materials VinylSiding
Exclusions Exclusion(s) Do Not Exist
Year Built 1950
Levels One
Property Subtype SingleFamilyResidence
County Wayne
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name ASSESSORS DETROIT 1
Garage Y/N N
Total Rooms 2
Full Baths 1
Status Active
Directions Between Chandler Park & E Warren ave
City DetroitCity_Wayne
Disclosures ExclusionsDoNotExist NoRestrictions TaxesNotHomesteadExempt
Entry Location GroundLevelwSteps
Senior Community Y/N N
High School District Detroit
MLS Area Area05055DetConMorsGratHstn7Mack
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 2611.0
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 Tenant
Tax Assessed Value 29200
Expected Active Date 2026-03-16
Legal Description W NEFF 4 ASSESSORS DETROIT PLAT NO 1 L72 P7 PLATS W C R 21/1024 38 X 155.84A
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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 800.0
Half Baths 0
Total Bedrooms 2
Above Grade Finished Area Unit Type SquareFeet
Total Baths 1
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Exterior
Parking Features NoGarage
Water Source Public
Foundation Details Basement Block
Spa N
Lot Dimensions 38X155.84
Lot Size Acres 0.14
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 5555
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* Excluded Features
List By
Samar Taha

Listing Agent

Sonic Realty Llc

Broker

(313) 888-7653

Phone

Affordability Calculator

$617
Per Month
65%
35%
0%
Monthly Principal & Interest
$400
Monthly Property Taxes
$218
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
3/16/2026$64,900 Listed Price

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5555 Neff Avenue, Detroit, MI, 48224 is a Single Family Home for sale at $64,900 with 800 sqft and a lot size of 0.14. 5555 Neff Avenue has 2 bedrooms, 1.0 baths, and was built in 1950. The property's zip code is 48224 which is in Detroit, MI

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