5238 Somerset Avenue Detroit, MI ^$ 99,000

5238 Somerset Avenue

^$ 99,000

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Recently Listed

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

20261057658

Features

General

Sewer PublicSewer

Heating ForcedAir NaturalGas

Possession AtClose

Garage Spaces 0.0

Architectural Style AFrame

Pool Features None

Construction Materials AluminumSiding Brick

Year Built 1929

Levels Two

Property Subtype SingleFamilyResidence

County Wayne

New Construction N

Property Type Residential

HOA N

Attached Garage N

Subdivision Name EAST DETROIT DEV COS 4

Garage Y/N N

Total Rooms 7

Full Baths 2

Status Active

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

City DetroitCity_Wayne

Disclosures 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 3879.0

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 Owner

Tax Assessed Value 42397

Expected Active Date 2026-07-28

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

Interior

Basement Unfinished

Basement (Y/N) Y

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Above Grade Finished Area 2324.0

Half Baths 0

Total Bedrooms 5

Above Grade Finished Area Unit Type SquareFeet

Total Baths 2

Exterior

Parking Features NoGarage

Water Source Public

Foundation Details Basement Block

Spa N

Lot Dimensions 40X125

Lot Size Acres 0.12

Waterfront Y/N N

Road Frontage Type Paved

Crops Included Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 5238

* Excluded Features

List By

Ronnie Ahmad

Listing Agent

Keller Williams Legacy

Broker

(313) 999-8600

Phone

Affordability Calculator

$948

Per Month

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

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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 ^$129,657

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.

848539 Elementary School

848135 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.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 7/29/2026.

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5238 Somerset Avenue

Single Family Home for sale in Detroit, MI

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