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5050 Somerset Avenue Detroit, MI $ 84,900
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5050 Somerset Avenue
$ 84,900
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5050 Somerset Avenue

Detroit, MI, 48224
$ 84,900
Bedrooms3 Baths1.0 Sq 1,356

Monthly Estimate*

$ 523

5050 Somerset Avenue, Detroit, MI 48224 - Image 1
5050 Somerset Avenue, Detroit, MI 48224 - Image 2
5050 Somerset Avenue, Detroit, MI 48224 - Image 3
5050 Somerset Avenue, Detroit, MI 48224 - Image 4
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5050 Somerset Avenue, Detroit, MI 48224 - Image 8
5050 Somerset Avenue, Detroit, MI 48224 - Image 9

Single Family Home for sale in Detroit, MI

for $84,900 with 3 bedrooms and 1 full bath. This 1,356 square foot home was built in 1928 on a lot size of 0.11.

Investment-ready opportunity: a solid 3-bedroom ranch that’s currently rented, offering immediate income for the right buyer. Updated kitchen and bathroom. Located close to shopping and a major expressway for an easy commute, this property sits in a convenient, in-demand area that appeals to renters. *****Please do not disturb the tenants. Showings will not be allowed until an offer is accepted, with no exceptions.*****Owner has other rentals properties to sell and this can be bought individually or as a package deal. All information deemed reliable but not guaranteed. Buyers or buyer's agent to verify all information.

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Single Family Active

Price

$ 84,900

Bedrooms

3

Full Bath

1

Property Type

Single Family

Taxes

$ 3,710

Style

Colonial

Lot Size

0.11

Year Built

1928

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20261017677
Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Possession SubjectToTenantRights
Roof Asphalt
Garage Spaces 2.0
Architectural Style Colonial
Pool Features None
Construction Materials Brick
Year Built 1928
Levels Two
Property Subtype SingleFamilyResidence
County Wayne
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name EAST DETROIT DEV COS 3
Garage Y/N Y
Total Rooms 6
Full Baths 1
Status Active
Directions Take Warren to Somerset then north on Somerset
City DetroitCity_Wayne
Disclosures NoRestrictions TaxesNotHomesteadExempt
Entry Location GroundLevelwSteps
Senior Community Y/N N
High School District Detroit
MLS Area Area05055DetConMorsGratHstn7Mack
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 3710.0
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 Tenant
Tax Assessed Value 19409
Expected Active Date 2026-03-22
Legal Description PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2021. E SOMERSET 1639 E DETROIT DEVELOPMENT COS SUB NO 3 L38 P32 PLATS W C R 21/4
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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 1356.0
Half Baths 0
Total Bedrooms 3
Above Grade Finished Area Unit Type SquareFeet
Total Baths 1
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Exterior
Parking Features TwoCarGarage Detached
Water Source Public
Foundation Details Basement Block
Spa N
Lot Dimensions 40X124.09
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 5050
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* Excluded Features
List By
James A Haidar

Listing Agent

Re/Max First

Broker

(586) 285-5555

Phone

Affordability Calculator

$832
Per Month
63%
37%
0%
Monthly Principal & Interest
$523
Monthly Property Taxes
$309
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/22/2026$84,900 Listed Price

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5050 Somerset Avenue, Detroit, MI, 48224 is a Single Family Home for sale at $84,900 with 1,356 sqft and a lot size of 0.11. 5050 Somerset Avenue has 3 bedrooms, 1.0 baths, and was built in 1928. The property's zip code is 48224 which is in Detroit, MI

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