5077 Berkshire Street
Detroit, MI, 48224 $ 119,000
Bedrooms3 Baths1.0 Sq 1,464 Monthly Estimate*
$ 733
for $119,000 with 3 bedrooms and 1 full bath. This 1,464 square foot home was built in 1925 on a lot size of 0.1.
Opportunity meets simplicity at this 3-bedroom, 1-bath single-family home in 48224, an ideal fit for buy-and-hold investors seeking day-one income with a straightforward footprint. A strong tenant is already in place at $1,400 per month, delivering immediate cash flow from the moment you take ownership, all within the up-and-coming Morningside neighborhood. Inside, 1,464 sq ft offers practical, usable space across three bedrooms and one full bath, providing a layout that supports everyday living and long-term rental demand. The single-family setup offers the privacy and independence many renters prefer, while the bedroom count keeps the home versatile without complicating operations. With a tenant already performing at $1,400 monthly, your focus stays on steady income rather than vacancy and turnover. Outside, the 4,487 sq ft lot is a manageable size that can be easier to maintain while still offering room to enjoy outdoor time. It strikes a balance many landlords appreciate: enough space to feel like a true single-family property, without the scale that can increase upkeep. Location matters for long-term holds, and this home sits in Morningside, a neighborhood on the rise, positioning you to benefit from continued area growth while collecting rent. For investors seeking a clean, income-producing single-family asset in 48224, the story is clear: occupied, paying, and ready to add to your portfolio. Please do not disturb tenants. Contact us for details and to schedule a showing by appointment.
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FeaturesGeneralSewer PublicSewer
Heating ForcedAir NaturalGas
Possession AtClose
Roof Asphalt
Appliances FreeStandingGasRange FreeStandingRefrigerator
Garage Spaces 0.0
Architectural Style Bungalow
Pool Features None
Construction Materials Brick
Year Built 1925
Levels Two
Property Subtype SingleFamilyResidence
County Wayne
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name ARTHUR J SCULLYS RIFLE RANGE SUB 1
Garage Y/N N
Total Rooms 8
Full Baths 1
Status Active
Directions In Morningside Subdivision take Alter to East Warren to Berkshire north to property
City DetroitCity_Wayne
Disclosures 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 2819.72
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 33000
Expected Active Date 2026-04-12
Legal Description W BERKSHIRE 465 ARTHUR J SCULLYS RIFLE RANGE SUB NO 1 L49 P57 PLATS WCR 21/740 40 X 112.50
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InteriorBasement Unfinished
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1464.0
Half Baths 0
Total Bedrooms 3
Above Grade Finished Area Unit Type SquareFeet
Total Baths 1
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ExteriorParking Features NoGarage
Water Source Public
Foundation Details Basement Block
Spa N
Lot Dimensions 40X112.5
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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* Excluded FeaturesList ByRashad ElabedListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $733
- Monthly Property Taxes
- $235
- 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.
Learn more about how to save NearbySingle family listings in Detroit, MI
Average List Price $130,631
Percent of Sale Price 10%
About Detroit, MI 633,657 Population
-33% Since 2002
$ 26,977 Median Income
36.23 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/12/2026 | $119,000 | | Listed Price |