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5500 Devonshire Road Detroit, MI $ 200,000
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$ 200,000 Get more info
5500 Devonshire Road
$ 200,000
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5500 Devonshire Road

Detroit, MI, 48224
$ 200,000
Bedrooms2 Baths2.0 Sq 1,676

Monthly Estimate*

$ 1,231

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Multi-Family Home for sale in Detroit, MI

for $200,000 with 2 bedrooms and 2 full baths. This 1,676 square foot home was built in 1941 on a lot size of 0.11.

Welcome to 5500 Devonshire, a beautifully renovated duplex offering an excellent investment or owner-occupant opportunity. Each spacious unit features 2 bedrooms, 1 full bath, and approximately 838 square feet of comfortable living space. Recent updates include refinished hardwood floors, brand-new kitchens with modern finishes, and fully renovated bathrooms, creating a fresh and inviting atmosphere throughout. The thoughtfully updated interiors blend classic charm with contemporary conveniences, making both units highly desirable for tenants or homeowners alike. Conveniently located near shopping, dining, schools, and major transportation routes, this turnkey property is ready for its next owner.

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Multi-Family Active

Price

$ 200,000

Bedrooms

2

Full Bath

2

Property Type

Multi-Family

Taxes

$ 2,322

Style

Colonial

Lot Size

0.11

Year Built

1941

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20261042018
Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Possession AtClose
Garage Spaces 0.0
Architectural Style Colonial
Pool Features None
Construction Materials Brick
Exclusions Exclusion(s) Do Not Exist
Pets Allowed Yes
Year Built 1941
Levels Two
Property Subtype MultiFamily
County Wayne
Net Operating Income 12000.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name EAST DETROIT DEV COS SUB 2
Garage Y/N N
Full Baths 2
Status Active
Directions WEST OF CADIEUX / SOUTH OF OUTER DRIVE
City DetroitCity_Wayne
Disclosures ExclusionsDoNotExist NoRestrictions ProjectedIncome TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Detroit
Zoning Description Residential
Number Of Units Total 2
MLS Area Area05055DetConMorsGratHstn7Mack
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 2
Land Lease Y/N N
Tax Annual Amount 2322.0
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 16121
Expected Active Date 2026-06-06
Legal Description E DEVONSHIRE 1281 EAST DETROIT DEVELOPMENT COS SUB NO 2 L36 P20 PLATS WCR 21/426 40 X 114
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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 1676.0
Half Baths 0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 2
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Exterior
Water Source Public
Foundation Details Basement BrickMortar
Spa N
Lot Dimensions 40X114
Lot Size Acres 0.11
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 5500
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* Excluded Features
List By
Marvis Burns

Listing Agent

Metropolitan Gems

Broker

(313) 333-9465

Phone

Affordability Calculator

$1,425
Per Month
86%
14%
0%
Monthly Principal & Interest
$1,231
Monthly Property Taxes
$194
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
6/6/2026$200,000 Listed Price

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5500 Devonshire Road, Detroit, MI, 48224 is a Multi-Family Home for sale at $200,000 with 1,676 sqft and a lot size of 0.11. 5500 Devonshire Road has 2 bedrooms, 2.0 baths, and was built in 1941. The property's zip code is 48224 which is in Detroit, MI

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