5238 Somerset Avenue Detroit, MI ^$ 99,000

5238 Somerset Avenue

^$ 99,000

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5238 Somerset Avenue

Detroit, MI, 48224

^$ 99,000

Bedrooms5 Baths2.0 Sq 2,324

Monthly Estimate*

^$ 625

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Single Family Home for sale in Detroit, MI

for $99,000 with 5 bedrooms and 2 full baths. This 2,324 square foot home was built in 1929 on a lot size of 0.12.

Presenting a compelling investment opportunity, a single-family residence constructed in 1929. This 2342 SQ FT property offers significant potential for discerning investors and handy homeowners seeking a valuable addition to their portfolio. The residence encompasses five well-proportioned bedrooms, providing ample accommodation. Complementing these living spaces are two full bathrooms, offering functional convenience for residents. Further enhancing this property's appeal are a full basement, offering additional utility and storage, and a private yard, providing a dedicated outdoor space. This property represents a strategic acquisition for those ready to capitalize on a promising investment. Comps support $200K +

Single Family Active

Price

^$ 99,000

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 3,879

Style

A-Frame

Lot Size

0.12

Year Built

1929

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

61015398

Features

General

Heating Forced Air

Kitchen Level Entry

Possession At Close

Water Public Water

Status Active Active

Full Baths 2

Half Baths 0

Bathrooms 2

Year Built 1929

Subdivision East Detroit Dev Cos 4 MI

Style A-Frame

County Wayne

Class RESIDENTIAL

Type Single Family

Ownership Private

Municipality Detroit

Sale/Rent For Sale

Status Detail 0

Structure Style 2 Story

Area Detroit (82001)

Primary City Detroit

Directions From Outer Dr go south on Somerset. From Alter go east on Frankfort and turn left on Somerset

City Detroit

School District Detroit City School District

Financial Terms Cash Conventional

Legal Description E SOMERSET 1851 E DETROIT DEVELOPMENT COS SUB NO 4 L42 P9 PLATS W C R 21/615 40 X 125A

DOM 0

Postal Code 48224

Price Per Sq Ft Total AG 42.6

Public Remarks Presenting a compelling investment opportunity

Interior

Basement Unfinished

Bedroom 3 Level Entry

Bedroom 1 Level Second

Bedroom 2 Level Entry

Beds 5

Fireplace? No

Total Rooms 9

Exterior

Exterior Aluminum Brick

Frontage 40

Lot Size Area 0.12

Pool (Y/N) No

Lot Dimensions 40X125

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Ronnie Ahmad

Listing Agent

Keller Williams Legacy

Broker

ronnieatherealtor@gmail.com

Affordability Calculator

$948

Per Month

Monthly Principal & Interest: $625
Monthly Property Taxes: $323
Monthly Home Insurance: --

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Interest Rate

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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

Single family listings in Detroit, MI

Average List Price ^$129,865

Percent of Sale Price 31%

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
7/28/2026	$99,000		Listed Price

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5238 Somerset Avenue, Detroit, MI, 48224 is a Single Family Home for sale at $99,000 with 2,324 sqft and a lot size of 0.12. 5238 Somerset Avenue has 5 bedrooms, 2.0 baths, and was built in 1929. The property's zip code is 48224 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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5238 Somerset Avenue

Single Family Home for sale in Detroit, MI

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