5081-5083 Buckingham Avenue Detroit, MI $ 200,000
5081-5083 Buckingham Avenue
$ 200,000
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5081-5083 Buckingham Avenue

Detroit, MI, 48224
$ 200,000
Baths2.0 Sq 2,300

Monthly Estimate*

$ 1,263

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Studio

Multi-Family Home for sale in Detroit, MI

for $200,000 with 2 full baths. This 2,300 square foot home was built in 1928 on a lot size of 0.11.

Fully renovated income-producing duplex in Detroit's desirable East Side! This turnkey property features a spacious 3-bedroom, 1-bath upper unit and a 2-bedroom, 1-bath lower unit, making it an excellent opportunity for both investors and owner-occupants. The lower unit is currently leased for $1,100 per month, providing immediate rental income, while the vacant upper unit is ready for a new tenant or owner to move right in. Both units have been beautifully updated with new flooring, brand-new kitchens featuring modern cabinetry and finishes, renovated bathrooms, and charming fireplaces that add warmth and character. The property also includes a detached two-car garage, offering valuable off-street parking and additional storage. Whether you're looking to expand your investment portfolio or offset your mortgage by living in one unit while collecting rent from the other, this move-in-ready duplex is an opportunity you won't want to miss.

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Multi-Family Active

Price

$ 200,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,822

Style

Colonial

Lot Size

0.11

Year Built

1928

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

61013619

Features
General
Heating Forced Air
Possession At Close
Water Public Water
Status Active Active
Full Baths 2
Half Baths 0
Bathrooms 2
Year Built 1928
Subdivision East Detroit Dev Cos Sub 2 MI
Style Colonial
County Wayne
Class MULTIFAMILY
Type Multi-Family
Net Income 13200
Ownership Private
Municipality Detroit
Zoning Residential
Sale/Rent For Sale
Status Detail 0
Structure Style 2 Story
Area Detroit (82001)
Primary City Detroit
Directions S of Outer Dr / W of Warren
City Detroit
School District Detroit City School District
Financial Terms Cash Conventional FHA VA
Legal Description PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2029. W BUCKINGHAM 904 EAST DETROIT DEVELOPMENT COS SUB NO 2 L36 P20 PLATS
DOM 0
Postal Code 48224
Price Per Sq Ft Total AG 86.96
Public Remarks Fully renovated income-producing duplex in Detroit's desirable East Side! This turnkey property features a spacious 3-bedroom 1-bath upper unit and a 2-bedroom 1-bath lower unit
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Exterior
Exterior Brick
Lot Size Area 0.11
Lot Dimensions 40X114
Roads Paved Street
Waterfront Y/N No
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Interior
Fireplace? No
Total Number of Units 2
Fuel Type Natural Gas
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* Excluded Features
List By
Marvis Burns

Listing Agent

Metropolitan Gems

Broker

marvis@bmbliving.com

Email

Affordability Calculator

$1,415
Per Month
89%
11%
0%
Monthly Principal & Interest
$1,263
Monthly Property Taxes
$152
Monthly 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
759604 Elementary School
760475 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/22/2026$200,000 Listed Price

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5081-5083 Buckingham Avenue, Detroit, MI, 48224 is a Multi-Family Home for sale at $200,000 with 2,300 sqft and a lot size of 0.11. 5081-5083 Buckingham Avenue is a studio with 2.0 baths and was built in 1928. The property's zip code is 48224 which is in Detroit, MI