6123 Commonwealth Street Detroit, MI $ 315,000
6123 Commonwealth Street
$ 315,000
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6123 Commonwealth Street

Detroit, MI, 48208
$ 315,000
Bedrooms2 Baths2.0 Sq 1,050

Monthly Estimate*

$ 1,940

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Multi-Family Home for sale in Detroit, MI

for $315,000 with 2 bedrooms and 2 full baths. This 1,050 square foot home was built in 1915 on a lot size of 0.09.

Renovated two-family flat producing roughly $19,000 a year in net income. The lower unit is short-term and turns over this summer; the upper is leased through June 2027 at $1,425/month. That mix gives an owner-occupant room to live in one unit and let the other help carry the note, or an investor a stabilized upper with upside on the turnover below. The renovated units offer 1,050 sq ft of hardwood floors, a bay window, and an exposed brick column that runs from the living space into the kitchens. The kitchens pair quartz counters with a gas ranges, dishwashers, subway tile backsplashes, and open shelving; the full baths are finished in floor-to-ceiling tile. Fenced backyard and separate washer and dryer in shared basement with lots of extra storage space. Location carries the value. The home sits near the Motown Museum, whose $75 million expansion is under construction on West Grand Boulevard, and a short walk from Henry Ford Health's $2.2 billion Destination: Grand hospital campus, a 20-story tower set to open by the end of 2029, part of a broader New Center plan with Michigan State University and the Detroit Pistons that adds a medical research center and mixed-use housing. With Wayne State, CCS, and Henry Ford all close, rental demand should stay healthy for years. Steps to New Center and Milwaukee Junction, adjacent to LaSalle Gardens and Virginia Park, minutes from the North End, and a quick ride to Corktown and downtown.

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Multi-Family Active

Price

$ 315,000

Bedrooms

2

Full Bath

2

Property Type

Multi-Family

Taxes

$ 2,243

Style

Historic,Upper Lower Apartment

Lot Size

0.09

Year Built

1915

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20261041221

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Cooling CentralAir
Utilities AboveGroundUtilities
Possession AtClose
Roof Asphalt
Garage Spaces 0.0
Patio/Porch Features Deck Porch
Architectural Style Historic UpperLowerApartment
Pool Features None
Construction Materials VinylSiding
Exclusions Exclusion(s) Do Not Exist
Pets Allowed Call
Year Built 1915
Electric CircuitBreakers
Levels Two
Property Subtype MultiFamily
County Wayne
Net Operating Income 18810.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name STIMSONS E I & A K
Garage Y/N N
Full Baths 2
Status Active
Directions Grand Blvd to Holden to Commonwealth
City DetroitCity_Wayne
Disclosures ActualIncome ExclusionsDoNotExist NoRestrictions TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Detroit
Zoning Description MultiFamily Residential
Number Of Units Total 2
MLS Area Area05043DetLivernoisI756GdRiver
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 2
Land Lease Y/N N
Tax Annual Amount 2243.0
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 15465
Expected Active Date 2026-06-04
Legal Description W COMMONWEALTH 43 E I & A K STIMSONS SUB L10 P31 PLATS W C R 8/75 30 X 136
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Interior
Basement Common Daylight Full Unfinished
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1050.0
Half Baths 0
Laundry Features CommonArea
Above Grade Finished Area Unit Type SquareFeet
Total Baths 2
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Exterior
Exterior Amenities Balcony Lighting
Parking Features OnStreet Paved
Water Source Public
Foundation Details Basement BrickMortar
Spa N
Lot Dimensions 30X136
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 6123
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* Excluded Features
List By
Garrett Blair

Listing Agent

Douglas Rose Realty

Broker

(810) 623-0228

Phone

Affordability Calculator

$2,126
Per Month
91%
9%
0%
Monthly Principal & Interest
$1,940
Monthly Property Taxes
$187
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
6/4/2026$315,000 Listed Price

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6123 Commonwealth Street, Detroit, MI, 48208 is a Multi-Family Home for sale at $315,000 with 1,050 sqft and a lot size of 0.09. 6123 Commonwealth Street has 2 bedrooms, 2.0 baths, and was built in 1915. The property's zip code is 48208 which is in Detroit, MI