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
Bedrooms5 Baths2.0 Sq 2,300

Monthly Estimate*

$ 1,263

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Multi-Family Home for sale in Detroit, MI

for $200,000 with 5 bedrooms and 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

5

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

20261056701

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Possession AtClose
Garage Spaces 0.0
Architectural Style Colonial
Pool Features None
Construction Materials Brick
Pets Allowed Yes
Year Built 1928
Levels Two
Property Subtype MultiFamily
County Wayne
Net Operating Income 13200.0
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 S of Outer Dr / W of Warren
City DetroitCity_Wayne
Disclosures ActualIncome NoRestrictions 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 1
Land Lease Y/N N
Tax Annual Amount 1822.0
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 MultipleOccupantTypes
Tax Assessed Value 10700
Expected Active Date 2026-07-22
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 WCR 21
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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 2300.0
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 5081
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* Excluded Features
List By
Marvis Burns

Listing Agent

Metropolitan Gems

Broker

(313) 333-9465

Phone

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
848539 Elementary School
848135 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 has 5 bedrooms, 2.0 baths, and was built in 1928. The property's zip code is 48224 which is in Detroit, MI