5149 S Martindale Street Detroit, MI ^$ 125,000

5149 S Martindale Street

^$ 125,000

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5149 S Martindale Street

Detroit, MI, 48204

^$ 125,000

Studio Baths2.0 Sq 2,160

Monthly Estimate*

^$ 789

5149 S Martindale Street, Detroit, MI 48204 - Image 1

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5149 S Martindale Street, Detroit, MI 48204 - Image 7

5149 S Martindale Street, Detroit, MI 48204 - Image 8

5149 S Martindale Street, Detroit, MI 48204 - Image 9

5149 S Martindale Street, Detroit, MI 48204 - Image 10

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5149 S Martindale Street, Detroit, MI 48204 - Image 12

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Studio

Multi-Family Home for sale in Detroit, MI

for $125,000 with 2 full baths. This 2,160 square foot home was built in 1924 on a lot size of 0.08.

Turn-Key 2-Unit Investment Opportunity! This well-maintained duplex features two 2-bedroom units, making it an excellent addition to any investment portfolio or an ideal owner-occupant opportunity. Both units are tenant-ready, offering immediate income potential(upper unit occupied until 9/2026) . Viewing lower unit only, do not bother tenant. The property includes separate gas and electric meters for each unit, as well as a coin-operated washer and dryer to provide additional income. A newer roof adds to the property's value and reduces future maintenance concerns. Property is being sold AS BATVAI and occupancy status.

Multi-Family Active

Price

^$ 125,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 4,522

Style

Colonial

Lot Size

0.08

Year Built

1924

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

61012525

Features

General

Heating Forced Air

Cooling Central A/C

Possession Subject To Tenant Rights

Water Public Water at Street

Status Active Active

Full Baths 2

Half Baths 0

Bathrooms 2

Year Built 1924

Subdivision Security Land Cos MI

Water Heater Gas

Style Colonial

County Wayne

Class MULTIFAMILY

Type Multi-Family

Net Income 18984

Ownership Private

Municipality Detroit

Zoning Residential

Sale/Rent For Sale

Status Detail 0

Structure Style 2 Story

Area Detroit (82001)

Primary City Detroit

Virtual Tour https://www.propertypanorama.com/instaview/nocbor/20261055168

Directions Near Joy Rd/Livernois/ I-96

City Detroit

School District Detroit City School District

Financial Terms Cash Conventional FHA VA

Legal Description S MARTINDALE SO 310 SECURITY LAND COS SUB L29 P85 PLATS W C R 16/183 30 X 110

DOM 32

Postal Code 48204

Price Per Sq Ft Total AG 57.87

Public Remarks Turn-Key 2-Unit Investment Opportunity! This well-maintained duplex features two 2-bedroom units

Interior

Basement Common Poured

Fireplace? No

Total Number of Units 2

Fuel Type Natural Gas

Exterior

Exterior Brick

Exterior Amenities Porch

Lot Size Area 0.08

Lot Dimensions 30X110

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Rowchelle Yates

Listing Agent

Keller Williams Premier

Broker

rowchelleyates@kw.com

Affordability Calculator

$1,166

Per Month

Monthly Principal & Interest: $789
Monthly Property Taxes: $377
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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

Trends
Schools

Multi-family listings in Detroit, MI

Average List Price ^$257,069

Percent of Sale Price 106%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759604 Elementary School

760475 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/22/2026	$125,000	-8.76%	Price Down
7/17/2026	$137,000		Listed Price

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5149 S Martindale Street, Detroit, MI, 48204 is a Multi-Family Home for sale at $125,000 with 2,160 sqft and a lot size of 0.08. 5149 S Martindale Street is a studio with 2.0 baths and was built in 1924. The property's zip code is 48204 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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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5149 S Martindale Street

Multi-Family Home for sale in Detroit, MI

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