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5044 Fairview Street Detroit, MI $ 199,000
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$ 199,000 Get more info
5044 Fairview Street
$ 199,000
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5044 Fairview Street

Detroit, MI, 48213
$ 199,000
Bedrooms2 Baths2.0 Sq 2,160

Monthly Estimate*

$ 1,225

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Multi-Family Home for sale in Detroit, MI

for $199,000 with 2 bedrooms and 2 full baths. This 2,160 square foot home was built in 1924 on a lot size of 0.07.

WELCOME TO 5044 FAIRVIEW ST, A FULLY RENOVATED DUPLEX OFFERING A TURNKEY INVESTMENT OPPORTUNITY IN DETROIT. EACH UNIT FEATURES 3 BEDROOMS AND 1 BATHROOM WITH BRIGHT, UPDATED LIVING SPACES, RENOVATED KITCHENS, NEW FLOORING, FRESHLY INSTALLED CARPET, AND FRESH PAINT THROUGHOUT. MAJOR CAPITAL IMPROVEMENTS HAVE ALREADY BEEN COMPLETED, INCLUDING UPDATED ELECTRICAL AND PLUMBING, ALONG WITH RECENTLY SERVICED FURNACES AND WATER HEATERS, PROVIDING LONG-TERM PEACE OF MIND FOR THE NEXT OWNER. BOTH UNITS ARE CURRENTLY LEASED WITH SECTION 8 TENANTS IN PLACE, GENERATING $2,677 PER MONTH, WITH TENANTS RESPONSIBLE FOR ALL UTILITIES EXCEPT WATER. CONVENIENTLY LOCATED NEAR SCHOOLS, NEIGHBORHOOD AMENITIES, AND FREEWAY ACCESS, THIS PROPERTY OFFERS STRONG, RELIABLE CASH FLOW FROM DAY ONE. NO SHOWINGS WITHOUT AN ACCEPTED FULL-PRICE OFFER. NO SELLER FINANCING AVAILABLE.

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Multi-Family Active

Price

$ 199,000

Bedrooms

2

Full Bath

2

Property Type

Multi-Family

Taxes

$ 2,199

Style

Duplex

Lot Size

0.07

Year Built

1924

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20261039447
Features
General
Sewer SewerAtStreet
Heating ForcedAir NaturalGas
Possession SubjectToTenantRights
Garage Spaces 0.0
Architectural Style Duplex
Pool Features None
Construction Materials VinylSiding
Exclusions Exclusion(s) Do Not Exist
Pets Allowed Call
Year Built 1924
Levels Two
Property Subtype MultiFamily
County Wayne
Net Operating Income 32124.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name FASSOLDS GARDEN
Garage Y/N N
Full Baths 2
Status Active
Directions e warren & fairview
City DetroitCity_Wayne
Disclosures ActualIncome AnnualPropertyOperatingDataAvailable ConformstoZoning InventoryListAvailable NoEncroachment ExclusionsDoNotExist NoLegalRentalCertification NoRestrictions TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Detroit
Zoning Description MultiFamily
Number Of Units Total 2
MLS Area Area05052Det6MackI75Conner
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 2
Land Lease Y/N N
Tax Annual Amount 2199.0
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 23506
Expected Active Date 2026-05-29
Legal Description E FAIRVIEW 9 FASSOLDS GARDEN SUB L27 P54 PLATS W C R 21/564 31 X 100.5
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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 2160.0
Half Baths 0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 2
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Exterior
Water Source WateratStreet
Foundation Details Basement Block
Spa N
Lot Dimensions 31X100.5
Lot Size Acres 0.07
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 5044
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* Excluded Features
List By
Marta Kopania

Listing Agent

Realtyflo Inc

Broker

(734) 301-6553

Phone

Affordability Calculator

$1,409
Per Month
87%
13%
0%
Monthly Principal & Interest
$1,225
Monthly Property Taxes
$183
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
5/29/2026$199,000 Listed Price

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5044 Fairview Street, Detroit, MI, 48213 is a Multi-Family Home for sale at $199,000 with 2,160 sqft and a lot size of 0.07. 5044 Fairview Street has 2 bedrooms, 2.0 baths, and was built in 1924. The property's zip code is 48213 which is in Detroit, MI

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