5050 Buckingham Avenue Detroit, MI ^$ 89,000

5050 Buckingham Avenue

^$ 89,000

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Recently Listed

5050 Buckingham Avenue

Detroit, MI, 48224

^$ 89,000

Studio Baths2.0 Sq 2,058

Monthly Estimate*

^$ 562

Studio

Multi-Family Home for sale in Detroit, MI

for $89,000 with 2 full baths. This 2,058 square foot home was built in 1928 on a lot size of 0.11.

Investor special in an up-and-coming area. Solid brick multifamily with some updates already done its ready for a new owner to complete. Seller is motivated Bring all offers. BATVAI

Multi-Family Active

Price

^$ 89,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 6,074

Style

Lot Size

0.11

Year Built

1928

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

61024193

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

County Wayne

Class MULTIFAMILY

Type Multi-Family

Net Income 0

Ownership Private

Municipality Detroit

Zoning Multi-Family

Sale/Rent For Sale

Status Detail 0

Structure Style 2 Story

Area Detroit (82001)

Primary City Detroit

Directions East of Alter road

City Detroit

School District Detroit City School District

Financial Terms Cash

Legal Description PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2022. E BUCKINGHAM 1027 EAST DETROIT DEVELOPMENT COS SUB NO 2 L36 P20 PLATS

DOM 1

Postal Code 48224

Price Per Sq Ft Total AG 43.25

Public Remarks Investor special in an up-and-coming area. Solid brick multifamily with some updates already done its ready for a new owner to complete. Seller is motivated Bring all offers. BATVAI

Interior

Basement Block

Fireplace? No

Total Number of Units 2

Fuel Type Natural Gas

Exterior

Exterior Brick Vinyl Siding

Lot Size Area 0.11

Lot Dimensions 40X114

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Arlita Lee

Listing Agent

Urban Luxury Real Estate

Broker

arlitalee19@gmail.com

Affordability Calculator

$1,068

Per Month

Monthly Principal & Interest: $562
Monthly Property Taxes: $506
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

Multi-family listings in Detroit, MI

Average List Price ^$249,321

Percent of Sale Price 180%

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
8/25/2026	$89,000		Listed Price

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5050 Buckingham Avenue, Detroit, MI, 48224 is a Multi-Family Home for sale at $89,000 with 2,058 sqft and a lot size of 0.11. 5050 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

*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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5050 Buckingham Avenue

Multi-Family Home for sale in Detroit, MI

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